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India

SJVN wraps up 1.5 GW renewables, storage tender with $0.053/kWh tariff

Seven developers secured a cumulative 1.184 GW in SJVN auction for the supply of 1.5 GW of firm and dispatchable power. The winning developers will build renewable power projects supplemented with energy storage system to ensure the power supply.

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India Ratings maintains stable outlook for solar projects in FY 2024

The significant fall in solar module prices over the last six months is positive for under-construction projects.

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Solar energy as the change maker in rural India

To scale the adoption of clean technologies in rural areas, we need to focus more on leveraging the experience of early women adopters. We should organise hyperlocal events and demos – create spaces for women to network and become aware.

SJVN’s 1 GW Rajasthan solar project to supply 200 MW to Uttarakhand

SJVN has secured a Letter of Intent from Uttarakhand Power Corp. Ltd (UPCL) to purchase 200 MW of solar power from its 1 GW Bikaner project.

Tata Power posts INR 1,017 crore profit in Q2 FY 2024

Tata Power clocked 16th consecutive quarter of net profit (profit after tax) growth with Q2 FY 2024 profit rising 9% YoY to INR 1,017 crore ($122.18 million).

Novel algorithm estimates global maximum power point in partially shaded PV systems

Developed by scientists in India, the global maximum power point (GMPP) technique is based on the voltage and current of strings in a PV array. The research group tested it in computer simulation, as well as through an experimental setup.

​​Gensol Engineering revenue up 88% YoY in H1 FY 2024

Gensol Engineering Ltd recorded a revenue of INR 344.03 crore ($41.3 million) in H1 FY24, 88% up from INR 183.25 crore in H1 FY23. Profit after tax (PAT) grew 24% to INR 22.16 crore.

Waaree Energies to supply 135 MW of solar modules to NTPC

Waaree Energies Ltd has won the contract to supply 135 MW of solar PV modules to NTPC’s PV project in Anta, in the Baran district of Rajasthan.

India will overtake Southeast Asia as the second-largest solar module producer by 2025

A Wood Mackenzie report forecasts China will dominate solar manufacturing through 2026, holding more than 80% of poly, wafer, cell and module manufacturing capacity for the next three years.

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Avaada Energy wins 1.4 GW DC solar project from NHPC

Avaada Energy secured the 1.4 GW DC solar project by offering a competitive tariff of INR 2.53 ($0.0304) per kWh to NHPC.

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