The evolving landscape of solar manufacturing
Countries worldwide are increasingly implementing customs duties as a strategy to curb imports, protect local industries, and promote domestic growth. These sanctions are only expected to increase further as China continues to dominate the solar manufacturing space.
2024 solar snapshot and the road ahead
A snapshot of the milestones reached in Indian solar manufacturing and power project installations, anticipations, and more…
Top 5 most-read solar stories of 2024
As we enter the new year, look back at 2024’s top 5 most read stories on pv magazine India platform.
JSW Energy acquires O2 Power
JSW Energy Ltd has acquired O2 Power, a 4.7 GW renewable energy platform, at an enterprise value of INR 12,468 crore ($1.47 billion).
Gensol Engineering secures 276 MW DC solar EPC contract from NTPC
Gensol Engineering Ltd has secured engineering, procurement and construction (EPC), along with three-year operation and maintenance, of a 225 MW AC (276 MW DC) grid-connected solar PV project. The project will be located at GSECL Solar Park in Gujarat.
ReNew sells 300 MW solar asset in Rajasthan for $176 million
The 300 MW solar project, located in Jaisalmer, benefits from a 25-year power purchase agreement with Solar Energy Corp. India Ltd at INR 2.55/kWh. It has been operational for three years.
ACME Solar secures financing for 300 MW solar-wind hybrid project, wins 300 MW PV project
Acme Solar has secured INR 1,988 crore in term loan financing for the development and construction of a 300 MW solar-wind hybrid renewable energy project. It has also secured a 300 MW solar power project in a SECI auction (XVIII tranche).
SECI allocates 600 MW of solar at $0.036/kWh
Acme Solar, Adani Renewable Energy and ReNew have emerged winners in Solar Energy Corp. of India’s 1 GW solar tender.
NTPC’s 1.2 GW solar auction draws lowest bid from BPCL
NTPC’s 1.2 GW solar auction has attracted the lowest tariff of INR 2.55/kWh from oil and gas major Bharat Petroleum, which secured 150 MW of project capacity.
Bihar receives INR 90,734 crore investment proposals in renewable energy
Ashoka Buildcon, HPCL, NHPC, NTPC Green, SJVN, Sun Petrochemicals and Surya International are among companies that have signed memorandum of understanding with the state government for investment in renewable energy
