Toshiba to supply LTO battery cells for EVage commercial vans
Toshiba has signed the deal to supply its SCiB line of lithium titanium oxide (LTO) chemistry battery cells for use in EVage Automotive’s commercial trucks.
Vikram Solar signs 350 MW module supply deal with US customer
The Indian solar manufacturer will supply 350 MW of PV modules for a project located in the state of Arizona in the United States.
Leading RE companies’ receivables period to shrink 20% this fiscal
State-owned electricity distribution companies implementing the Late Payment Surcharge (LPS) scheme may clear dues worth INR 2,000 crore (around $250 million) this fiscal, supporting renewable energy generators to build capacity for growth and reduce leverage.
India installed 1.9 GW of ‘open-access’ renewables in FY 2021-22
India has surpassed 10 GW of overall renewables capacity installed for offtake through open access.
Hygenco, Jindal Stainless sign India’s first long-term green hydrogen offtake agreement
Hygenco will build, own and operate a multi-megawatt green hydrogen facility for the long-term supply to Jindal Stainless Ltd, one of the largest stainless-steel conglomerates globally.
Trina Solar surpasses 8 GW of PV module shipments to India
The Chinese PV module maker has shipped more than 8 GW of solar panels to India since the start of its operations in the market in 2010.
Bihar makes preferential procurement pitch to lithium battery, solar manufacturers
The state of Bihar has started accepting bids from lithium battery and solar module manufacturers to set up factories under its preferential procurement incentive scheme. To be eligible, the bidders must meet the minimum qualifying criteria and be willing to set up at least 25 MW of solar module production capacity and 50,000 of lithium battery output per year.
JinkoSolar hits 8 GW of solar module shipments to India
JinkoSolar claims that it has shipped 8 GW of solar modules to India, following record-breaking performance in recent quarters.
Solar module price increases to affect returns on 4.4 GW of solar
Solar cell and module prices have increased by more than 40% over the last 18 months, driven by polysilicon prices. However, bid tariffs has remained lower than what is needed to mitigate the rise in module prices. The risk of lower returns is significant for 4.4 GW of projects that have been awarded over the past 18 months, with tariffs below INR 2.2 ($0.028)/kWh.
Telecom industry body hails green energy open-access reforms
The Cellular Operators Association of India has welcomed lowering of the green energy open-access transaction limit from 1 MW to 100 kW under the Electricity (Promoting Renewable Energy through Green Open Access) Rules 2022.
