Adani Green Energy Ltd. (AGEL) says it has completed a 250 MW solar project in Rajasthan, India.
NTPC has awarded 1.2 GW of wind-solar hybrid capacity at an average tariff of $0.039/kWh, with NLC India securing the largest share at 450 MW, followed by Enfinity Global, Welspun Renewable Energy, and Adani Renewable Energy.
Indian PV exporters stand to gain from China’s restricted access to the US market, but mounting price competition from Chinese manufacturers and the risk of US tariffs on Indian goods could threaten their long-term growth, says Rubix Data Sciences in a new report.
India’s Ministry of New and Renewable Energy (MNRE) has ruled that solar cells made with imported diffused silicon wafers, known as “blue wafers,” do not qualify for government programs requiring domestically manufactured PV cells.
Adani Renewable Energy has secured the largest slice of 600 MW. Other winners include Mahindra Susten (240 MW), Avaada (210 MW) and Sprng Energy (150 MW).
Juniper Green Energy has commissioned a 100 MW solar project in Rajasthan that will supply electricity to Bhutan under a cross-border power agreement.
Avaada Electro has started building a 5 GW integrated tunnel oxide passivated contact (TOPCon) solar cell and module plant and opened a 1.5 GW module factory near New Delhi, India.
Indian PV manufacturer Vikram Solar says it plans to open a 1 GWh fully integrated solid-state cell and battery factory, expandable up to 5 GWh.
Avaada Energy, SAEL, and Welspun Renewable Energy have won Gujarat Urja Vikas Nigam’s /GUVNL) 250 MW solar tender, with an option to expand by another 250 MW.
India’s solar capacity additions could double to 30 GW in fiscal 2025, with further growth driven by rooftop demand and policy support, according to SBICAPS.
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