ICRA Expects India To Install 15 GW RE During FY2023
Drop In Module Prices & Policy Support To Boost Total Renewables Capacity To 170 GW By March ’25
Indian credit ratings agency ICRA sees a booming renewable energy market in India led by solar PV technology as it forecasts the country to install 15 GW in FY2023, contributing to cumulative renewable energy installations reaching 170 GW by March 2025.
Financial Close For 75 MW Solar Plant In Philippines
Gurīn Energy’s Maiden Filipino Project Moves To Construction; Company Touts 7 GW Asia RE Portfolio
Singapore-headquartered renewable energy developer Gurīn Energy has achieved financial close for its maiden announced solar power project in the Philippines with 75 MW capacity. It identified the Union Bank of the Philippines as the lender.
India Solar PV News Snippets
ReNew Signs $5.3 Billion MoU With Asian Development Bank & More From Bluebird, Eden, Jakson
ReNew secures ADB commitment for $5.3 billion; ADB lends $250 million loan for renewable energy & power sector reforms to India; Bluebird Solar to undertake capacity expansion; Eden Renewables signs 300 MW RE PPA with SECI; Jakson Green expands t.
Indian Public Agencies Seeking Solar Panels & Land For PV
SECI Calls For 400 MW Monocrystalline Silicon Solar Panel Supply; SJVN Wants Land For Solar In Assam
The Solar Energy Corporation of India (SECI) has launched a tender seeking the supply of a total 400 MW domestically manufactured solar PV modules, under domestic content requirement (DCR) norms.
Japan Concludes 18th Solar PV Energy Auction
Japan Awards 105 MW Solar Capacity With JPY 7.94/kWh Determined As Lowest Winning Bid
The Organization for Cross-regional Coordination of Transmission Operators (OCCTO) in Japan has announced the results of the country’s 18th solar energy auction, picking 33 bids to award 105 MW capacity.
SECI Seeking Clean Energy Capacity Under FDRE-V Tender
Bidders Invited For Firm & Dispatchable Power Supply With ISTS Connectivity In India For PSPCL
The Solar Energy Corporation of India (SECI) has solicited bids for tranche-V of its firm and dispatchable renewable energy (FDRE) tender with 1 GW of total capacity sought.
US RE Company Announces New CEO For India Business
Naveen Khandelwal Elevated To Top Position At BrightNight India, Taking Over From Sajay KV
US-headquartered renewable energy company BrightNight has announced the appointment of Naveen Khandelwal as the chief executive officer (CEO) of its India business, BrightNight India.
India Solar PV News Snippets
AmpIn Energy Tips INR 31 Billion In RE Generation & Manufacturing & More From Waaree, MNRE, Technique
AmpIn Energy Transition investing INR 31 billion for 600 MW RE generation and 1.3 GW manufacturing plans; Waaree supplying PERC & TOPCon modules to Acciona Energia; MNRE updates ALMM list I for solar modules; ReNew sells 135 MW PV capacity to Tec.
Indian Expressway Planned To Host 550 MW Solar
UP Government To Use Space Alongside Bundelkhand Expressway To Generate Clean Electricity
The 296-km long Bundelkhand Expressway in the Indian state of Uttar Pradesh (UP) is being planned to become the state’s 1st solar expressway as the government intends to use the space alongside for 550 MW PV capacity. Starting from the Chitrakoot.
CEEW Pegs India’s Residential Rooftop PV Potential At 637 GW
Consumer Unwillingness To Adopt Rooftop Solar & High Investment Major Blocks For India’s Solar Ambition
An independent report by the Council on Energy, Environment and Water (CEEW) pegs India’s technical rooftop solar potential for residential segment at 637 GW, with more than 60% concentrated in 7 states.
India Installed 5.6 GW New Solar In CY 9M/2023
Mercom Blames Project Extensions, Delays & Declining Module Prices Among Reasons For Slower Annual Growth
Extensions granted to several large-scale solar and hybrid projects and those facing delays owing to land and transmission issues negatively impacted newer solar PV installations in India during 9M/2023. Mercom India Research says Indian solar insta.
Falling Solar Module Prices To Boost Indian Installations
CRISIL Pegs 16 GW New PV Capacity Addition In Fiscal Year 2023 As Investment Returns Improve
Indian credit ratings agency CRISIL Ratings believes India is likely to see 16 GW of new solar PV capacity addition in fiscal year 2023, its fastest annual to date.
India Solar PV News Snippets
Engie India Picks RenewSys Modules For Gujarat Solar Project & More From IREDA, Mercom
Engie India has placed 100 MW solar module order with RenewSys India; IREDA raises INR 6.43 billion from anchor investors ahead of IPO; Mercom releases H1/2023 solar market leadership board. Engie India to source India-made modules: Indian solar en.
SE Asia’s Largest Floating Solar Plant Inaugurated
Masdar’s Maiden Floating Solar PV Project With 192 MW DC Capacity Online In Indonesia With JinkoSolar Modules
The largest floating solar PV plant in Southeast Asia with 192 MW DC/145 MW AC installed capacity has been officially inaugurated in Indonesia, equipped with JinkoSolar modules.
Cannot Eliminate Dependence On China For Wafers & Cells
Solar PV Technology & Cost Gap Between China & The World To Widen As Asian Giant Invests Over $130 Billion In 2023
For the next 3 years, China will continue to dominate the global solar PV manufacturing with more than 80% share of the world’s polysilicon, wafer, cell and module manufacturing, according to Wood Mackenzie.
India: Solar PV Tenders For Up To 3.4 GW Capacity
GUVNL Offers 500 MW As Greenshoe Option For 500 MW Solar Tender; NTPC REL’s Land & Evacuation Package Tender
The Gujarat Urja Vikas Nigam Limited (GUVNL) has launched a tender to auction 500 MW grid-connected solar PV capacity, with a greenshoe option of another 500 MW under phase XXII.
India Solar PV News Snippets
Alpex Solar Eyeing 2 GW Solar Module Capacity Expansion & More From Radiance, Statkraft, SJVN, NHPC
Alpex Solar expanding module production capacity to 2 GW; Radiance bags green loan for 150 MW AC; Statkraft & DPA sign green hydrogen MoU; Mercom shares results of SJVN & NHPC auctions; UPCL turns offtaker for 200 MW from SJVN solar project.�.
Future Bright For Indian Solar PV Manufacturing
Strong Policy Support To Lead Indian Solar Panel Production Capacity To Grow To 60 GW+ By 2025
Spurred by strong policy support and growing domestic demand, India is likely to grow its solar PV module manufacturing capacity to exceed 60 GW by 2025, up from the current level of 37 GW, with improved backward integration into cell and wafer produ.
Talesun Solar Modules Go Under Production In Turkey
MEM Solar Commissions 700 MW PERC Fab, Plans Further Expansion To 1.4 GW To Go Completely TOPCon
Industrial equipment supplier MEM Solar has commissioned a new solar module factory in Turkey with an annual nameplate production capacity of 700 MW, to roll out panels under China’s Talesun Solar brand.
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