India’s SJVN allocates 1.5 GW of wind, solar for $0.041/kWh
SJVN has allocated 1.5 GW of wind and solar for $0.041/kWh. The winning developers will establish wind-solar hybrid projects on a build-own-operate basis under 25-year power purchase agreements (PPAs).
Gujarat allocates 500 MW of solar at $0.032/kWh
Avaada, BluPine Energy, Hinduja Renewable Energy, KPI Green and NRC Industries won Gujarat Urja Vikas Nigam’s (GUVNL) latest tender for 500 MW of grid-connected solar, with the potential for an additional 500 MW.
India’s JSW Energy starts construction of 1 GWh battery storage
JSW Energy has started construction work for its 1 GWh battery energy storage project in India, marking its foray into energy storage services. The company is also spearheading the development of India’s largest commercial-scale green hydrogen project in India.
India’s GUVNL allocates 500 MW hybrid wind-solar at $0.040/kWh
Gujarat Urja Vikas Nigam Ltd (GUVNL) has awarded 500 MW of hybrid solar-wind projects at an average rate of INR 3.36 ($0.040)/kWh. The winning developers will install grid-connected projects on a build-own-operate basis, with the freedom to choose any location in India.
New study outlines renewables plan for India
A new study by Indian government think tank NITI Aayog outlines the renewable energy potential for all states to meet their renewable purchase obligations. The report, backed by the Ministry of New and Renewable Energy (MNRE), also details the storage that will be required for grid balancing.
India’s NHPC launches tender for 2.4 GW of solar
NHPC has started accepting bids from developers to set up 2.4 GW of solar power projects on a build-own-operate basis anywhere in India. Bidding closes on June 29.
India launches 2.4 GW of renewables tenders
Solar Energy Corp. of India (SECI) has kicked off 2.4 GW of renewables tenders, including a 1.2 GW procurement exercise and a 1.2 GW round.
UIS installs recoating solution at 2 GW solar wafer factory in India
UIS Technologies has commissioned polyurethane (PU) recoating and regrooving solutions for wire guide rollers (WGRs) at Adani’s 2 GW solar ingot-wafer plant in Gujarat, India.
Maxvolt secures $1.5 million for lithium battery plans in India
Maxvolt Energy Industries has raised $1.5 million from angel investors to accelerate its lithium-ion battery R&D efforts, enhance production capacity, and expand market reach.
India’s PV module exports hit $1.9 billion in fiscal 2023-24
India’s solar module exports hit $1.9 billion in fiscal 2023-24, with shipments to the US market accounting for the lion’s share of the total.
