Sterling and Wilson Renewable Energy has won an engineering, supply (excluding PV modules), and construction contract for a 500 MW (AC) solar PV plant in the Indian state of Gujarat, including three years of comprehensive operation and maintenance support.
India’s domestically manufactured solar cells cost 1.5 to two times more than Chinese imports, even after customs duties, says CRISIL Market Intelligence and Analytics. These higher prices could raise solar project capital costs by up to INR 10 million ($117,580)/MW and increase tariffs.
The Indian state of Madhya Pradesh has received solar manufacturing proposals from Grew Energy, Insolation Green Energy, Premier Energies Global, Saatvik Solar and other companies. Land allotment letters for these industrial units were recently given away by the state’s chief minister.
Waaree Energies says it has agreed to support IIT Bombay in creating an advanced fabrication and characterization setup to develop high-efficiency perovskite solar cells.
Husk Power says Prism, its new containerized “minigrid-in-a-box” solution, allows it to deploy minigrids at a rate of one per day with the same resources.
Juniper Green Energy has signed an agreement to buy 1 GW of First Solar’s Series 7 FT1 cadmium telluride (CdTe) thin-film PV modules. The modules will power projects in the Indian states of Rajasthan, Gujarat, and Maharashtra.
NTPC Renewable Energy has won 500 MW of solar capacity at a tariff of INR 3.52 ($0.04)/kWh. The tender requires the company to install a 250 MW/1,000 MWh energy storage system alongside the contracted solar capacity.
Solar Energy Corp. of India (SECI) allocated 2 GW of solar and storage projects at an average tariff of INR 3.52 ($0.04)/kWh. Reliance Power secured the largest share with 930 MW, while NTPC Green Energy won 500 MW.
Hitachi Energy’s Nostradamus AI solution enables users to make better decisions by generating accurate forecasts for solar and wind generation, market pricing, and load projections.
Waaree Energies has signed an order from a developer to supply 1 GW of tunnel oxide passivated contact (TOPCon) 580 W bifacial glass PV modules.
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