India to add 14.5 GW of PV per year in fiscal 2025, 2026
India Ratings and Research says India will maintain its current pace of renewable-energy capacity additions due to a significant drop in equipment prices and ongoing policy support.
Tata Power’s Tirunelveli fab to make solar cells from June
Praveer Sinha, CEO and managing director of Tata Power says the company’s 4 GW solar cell factory in the Indian state of Tamil Nadu will be commissioned from next month. It will reach peak production capacity of 4 GW over a period of three months.
Coal share falls below 50% in India’s installed power capacity
The share of coal in India’s total installed power capacity fell below 50% in the first quarter of 2024. This is well ahead of the government’s target to establish 50% cumulative power generation capacity from non-fossil sources by 2030.
Grew Energy begins work on 3.2 GW ingot-module factory in India
Grew Energy has started building a 3.2 GW ingot-module factory in India. The facility will produce 2.8 GW of ingots, wafers, and cells per year, along with 3.2 GW of high-efficiency PV modules.
New study shows India has 207 GW of floating solar potential
A new report prepared under the Indo-German Technical Cooperation on Innovative Solar provides a comprehensive overview of floating solar potential in India. It also provides projections for installations from 2024 to 2040.
India’s first utility-scale, standalone storage project gets regulatory nod
BSES Rajdhani Power’s new 20 MW/ 40 MWh project is India’s first utility-scale, standalone battery energy storage system to secure regulatory approval under Section 63 of the Indian Electricity Act, 2003. The project is supported by a concessional loan from the Global Energy Alliance for People and Planet (GEAPP).
India’s renewable tenders hit 70 GW
India has accepted bids to set up 69.8 GW of renewable energy capacity, far surpassing its annual bidding target of 50 GW in fiscal 2024. Activity surged due to large-scale potential for market growth, central government support, and higher operating margins.
VSole presents wall-mount residential hybrid inverters
Indian manufacturer VSole has introduced single-phase hybrid inverters 3 kW to 6 kW with power output ratings. The inverters reportedly allow uninterrupted power to the connected loads, with a UPS-level switching time of four milliseconds.
ICRA says falling battery costs to support Indian storage market
Battery prices reached an all-time low in India in 2023, led by a moderation in raw material prices amid rising production across the value chain, according to credit rating agency ICRA.
India launches 1.2 GW solar tender
SJVN is now accepting bids to develop 1.2 GW of solar projects, connected to India’s interstate transmission system, anywhere in the country. Bidding closes on June 17.
