Solis hits 6 GW of shipments in India, surpasses 100 GW globally
In India, Solis solar inverters command a 32% market share in the residential segment and 40% share in the C&I segment.
Adani solar-wind project to power Google operations in India
Adani will supply clean energy from its solar-wind hybrid project at Khavda, Gujarat, to power Google’s cloud services and operations in India.
“Battery energy storage market in India is on the cusp of unprecedented growth”
The next five years will witness a transformative shift in India’s energy landscape, positioning the country as a global leader in energy storage innovation, says Saurabh Kumar, vice president-India, GEAPP (Global Energy Alliance for People and Planet), in an interview with pv magazine.
Reliance Group, Druk to jointly develop 500 MW of solar, 770 MW hydropower projects in Bhutan
Anil Ambani led Reliance Group has partnered with Druk Holding and Investments Ltd (DHI), the commercial and investment arm of the Royal Government of Bhutan, to develop major solar and hydropower projects in Bhutan. It has set up a new company, Reliance Enterprises, dedicated to promoting and investing in the clean and green energy sector in Bhutan.
Nextracker opens R&D Center for Solar Excellence in Hyderabad
Nextracker’s Center for Solar Excellence (CFSE) in Hyderabad will feature a 30,000 square foot, state-of-the-art lab, a comprehensive solar tracker installation, and training facilities encompassing the entire project lifecycle.
Avaada Group commits $12 billion to renewables, storage in Rajasthan
Avaada Group plans INR 1 lakh crore ($12 billion) investment to set up a 1.2 GW pumped hydro storage project, a 1 mtpa green ammonia project, a 1 GW wind power project, and a 10 GW solar power project in Rajasthan.
SJVN launches 1.5 GW/6 GWh renewables-plus-storage tender
SJVN has issued a tender to set up 1.5 GW of renewable energy projects backed with energy storage systems for assured peak supply of 6 GWh.
Three Adani portfolio companies join World Economic Forum’s ‘Transitioning Industrial Clusters’ initiative
The Adani Mundra Cluster comprising Adani Enterprises Ltd (through its arm Adani New Industries Ltd), Adani Ports and Special Economic Zone Ltd (APSEZ), and Ambuja Cements Ltd joins an international community of 23 industrial clusters collaborating to advance decarbonization.
Global average solar LCOE stood at $0.044/kWh in 2023, says IRENA
The International Renewable Energy Agency (IRENA) says the result represents a 12% year-on-year decline. The figure has fallen 90% since the start of 2010.
Adani Green, TotalEnergies sign 1,150 MW AC joint venture agreement
As part of the joint venture, TotalEnergies invested $444 million for acquiring 50% stake in Adani Green Energy Ltd’s projects located at the world’s largest renewable energy plant in Khavda, Gujarat
