India surpasses 90 GW of installed solar capacity
India’s installed renewable energy capacity reached 201.46 GW at the end of September 2024, with 90.76 GW coming from solar projects, according to the Ministry of New and Renewable Energy (MNRE).
Credence unveils 725 W bifacial TOPCon solar module
The Indian manufacturer has unveiled an 18-busbar TOPCon bifacial solar panel featuring a power conversion efficiency of 23.35%.
Work begins on 200 MW solar park in Congo
India’s Soleos Energy, in partnership with Melci Holdings, has started building a 200 MW solar park in the Democratic Republic of the Congo (DRC). The project is set for commissioning by late 2026.
India’s ITC commissions 9.45 MW offsite solar plant for self-consumption
ITC Ltd. says it aims to meet 100% of its electricity needs from renewable sources by 2030 as part of its Sustainability 2.0 Vision. Its new solar project in the Indian state of Karnataka is the company’s fourth offsite solar plant in the country.
Gautam Solar plans IPO
Gautam Solar plans to launch an initial public offering (IPO) in the next 12 to 18 months to fund its PV cell expansion plans.
Key takeaways from Renewable Energy India Expo 2024
Solar module manufacturers in India are quickly ramping up to multi-gigawatt-scale capacity to tap domestic demand. At the technology level, tunnel oxide passivated contact (TOPCon) modules based on 210 rectangular silicon wafer (G12R) cells are taking center stage.
India’s NHPC tenders 2.4 GW of solar
NHPC Ltd. has issued a tender inviting developers to set up 1.2 GW of grid-connected PV projects, with an option for an additional 1.2 GW under a “greenshoe option.” Bidders must submit their proposals by Nov. 4.
Rayzon Solar to expand PV module capacity to 12 GW by September 2025
Rayzon Solar currently has 4 GW of PV module manufacturing capacity and plans to add 3 GW by December, followed by another 5 GW by September 2025. This will increase its cumulative module capacity to 12 GW per year. The company also plans to build a 1.2 GW cell line by the end of 2025.
India allocates 1.2 GW of renewables-plus-storage at average of $0.051/kWh
SJVN has allocated 1.2 GW of renewables-plus-storage capacity in India at an average price of $0.051/kWh for firm, dispatchable renewable energy.
India adds 11.3 GW of solar module capacity, 2 GW of cells in H1 2024
India added 11.3 GW of solar module and 2 GW of cell manufacturing capacity in the first half of 2024, bringing the country’s cumulative production capacities to 77.2 GW for modules and 7.6 GW for cells, according to Mercom India.
