Uma Gupta
Solar surpasses wind in India
In January, India’s cumulative PV capacity reached 38.8 GW. This was enough to surpass wind and make solar the first renewable energy source in the country.
SECI tenders 1785 MW of solar capacity in Rajasthan
Developers can bid for anywhere from 10 MW to all of the available capacity. The projects are to be developed on a build-own-operate basis in minimum sizes of 10 MW. Bidding closes on April 19.
HPCL fuel stations get street lamp integrated EV charger
Magenta Power has installed street lamp integrated EV chargers at HPCL fuel stations in Delhi and Mumbai. The company aims to deploy 1000 units of these charging solutions across the nation this year.
Borosil Renewables posts a 74.3% y-o-y revenue growth in first nine months
The Indian solar glass manufacturer reported net revenue of around INR 300 crore during the current fiscal’s nine months ended December 2020, with the best-ever quarterly earnings of INR 140 crore coming from the third quarter.
REIL seeks 150,000 multi-crystalline silicon solar cells
Bids are invited from Indian manufacturers to supply four-/five-busbar multi-crystalline silicon solar cells rated for 4.5W peak output. Bidding closes on March 15.
Cabinet approves India, France MoU on renewable energy
The Memorandum of Understanding entails joint research and development projects in solar, wind, hydrogen and biomass energy.
Tata Power to set up 15 MW solar plant for Tata Steel
The solar plant in the Jamshedpur city of Jharkhand is expected to generate an average 32 million units of electricity per year, offsetting approximately an average 25.8 million Kg of CO2 annually.
MSMEs can contribute 16 GW in meeting solar target
The Ministry of Micro, Small & Medium Enterprises is working with the World Bank to bring in a credit guarantee mechanism to make financing accessible to unrated MSMEs for implementing rooftop solar projects.
India’s installed solar capacity reaches 41,689 MW
The nation installed a cumulative solar capacity of 41,689 MW as of December 31, 2020, with 1298 MW added in the October-December period. Going forward, capacity addition in the current year’s first quarter could exceed 2 GW.
Siemens completes the acquisition of C&S Electric in India
Siemens has acquired C&S Electric’s around 99.22% equity share capital for INR 2,100 crore. The acquisition will allow it to address the rising demand for low-voltage power distribution solutions in India. Apart from gaining easy access to the Indian market, the transaction also aims to create an export hub.
