Tata Power Renewable Energy Ltd has signed a Memorandum of Understanding (MoU) with the Government of Andhra Pradesh to jointly explore opportunities for the development of up to 7 GW of renewable energy projects, including solar, wind, and hybrid projects with or without storage solutions.
Avaada Energy, SAEL, and Welspun Renewable Energy have emerged winners in Gujarat Urja Vikas Nigam Ltd’s tender for 250 MW of grid-connected solar capacity with greenshoe option of additional 250 MW.
State-owned coal miner Singareni Collieries Co. Ltd (SCCL) will develop a 1.5 GW solar park in Rajasthan through a joint venture with state power utility Rajya Vidyut Utpadan Nigam Ltd (RVUNL).
As India advances toward its Vision 2047 goals, solar module and cell manufacturing must be at the heart of the renewable energy strategy. While policy interventions like ALMM and production-linked incentives have laid a strong foundation, the next phase requires intensifying domestic raw material manufacturing and supply chains, scaling solar cell production with novel technologies, developing a skilled workforce to support advanced manufacturing, and elevating export competitiveness through quality certifications and trade agreements.
Non-vanilla technologies, such as wind-solar hybrids and battery energy storage, accounted for half of the utility-scale renewable energy capacity tendered in 2024.
The annual solar additions are projected to further improve to 42 GW in FY 2026 and 46 GW in FY 2027, with residential rooftop segment driving expansion.
Brookfield has announced the sale of 1.6 GW portfolio of solar and wind assets in India to Gentari Renewables India (Gentari). The first-phase sale of 1 GW of operating assets is already complete.
Apollo Green Energy Ltd (AGEL) has formed a subsidiary, AGEL Renewable Energy Ltd, focused on utility-scale solar and advanced energy storage solutions, including hydrogen-based systems.
The Energy Information Administration projects that 32.5 GW of solar power, 18.2 GW of energy storage, and 7.7 GW of wind generation will be deployed this year, accounting for nearly 93% of total new capacity, which is expected to reach a record 63 GW.
SJVN has allocated 448 MW under its tender for supply of 1.2 GW of firm and dispatchable (round-the-clock) power from grid-connected RE projects with/without energy storage systems.
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