The Norwegian renewables business has acquired a 50% stake in Acme’s 900 MW solar project in Rajasthan. The project will benefit from a 25-year PPA with the Solar Energy Corporation of India.
The 500 MW solar auction cancellation by Uttar Pradesh comes as the latest blow to developers after a similar experience in Gujarat recently. Industry body NSEFI wants the central government to direct the state government to stop cancellation and issue the capacity to winning developers.
The latest addition has swelled Tata Power Solar’s pipeline to around 2.8 GW projects with an approximate value of INR 13,000 crore (US$ 1783 million).
The floating solar plant, being set upon the raw water reservoir area at Ramagundam Thermal Power Plant in Telangana, is divided into 40 discrete array blocks of 2.5MW (AC) each. The module cleaning system is to be designed for each 2.5 MW network.
India’s Department of Science & Technology and the Russian Science Foundation (RSF) have launched a collaborative funding program for Indian and Russian researchers to jointly research clean energy, new materials, and smart transport.
The Kolkata-based solar manufacturer recorded an INR 67.83-crore net profit for FY 2020-21, against INR 4.13 crore in the previous fiscal year.
The analysts have revised their estimate for utility-scale solar addition in the April-May-June period to 1,350 MW, as against 2,350 MW expected earlier.
Telangana-based Visaka Industries will set up electric vehicle (EV) charging stations powered by its ATUM integrated solar roof. According to the company, the ATUM solar roof, with PV panels integrated on cement boards, can generate 40% more clean power in the same given space than any other solar solution.
A pandemic-related sales slump has dealt another blow to domestic panel makers already faced with rising input costs and an expected surge in imports due to the scheduled wind down of safeguarding duties on foreign products from late July.
The Indian solar manufacturer’s Series 6 module exceeded the international quality and performance benchmarks in testing under PV Evolution Labs’ Product Qualification Program.
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