Waaree Energies led solar module shipments with a 14.1% share of the overall supplies in the Indian market during Jan-Dec. 2024 period.
Tariffs of 10% are applied to most products from most countries, but energy and energy products, steel, and aluminum are exempt, as tariffs have already been applied.
The Chinese manufacturer was able to increase the panel efficiency from 18.04% to 19.04% in 16 months. The panel has a size of 2,005 mm x 1,005 mm x 35 mm and a weight of 34.5 kg.
GameChange Solar will supply its GeniusTracker 3.0 1P single-row systems for the 405 MWp PV project in Khavda, Gujarat.
Hitachi Energy India, in consortium with Bharat Heavy Electricals Ltd (BHEL), will deliver a 6 GW, 950 km HVDC link from the renewable energy zone in Bhadla, Rajasthan to Fatehpur, Uttar Pradesh.
Hindustan Power will develop a 425 MWp solar power project for supply to Uttar Pradesh Power Corp. Ltd (UPPCL) at a fixed tariff over a 25-year period.
SPML Infra Ltd has entered into a technology transfer agreement with USA-based Energy Vault for localized production and deployment of battery energy storage systems in India.
The recent 7.7-magnitude earthquake in Myanmar has disrupted solar wafer production in western China, where about 50% of the country’s wafer capacity is concentrated. Major manufacturers have suspended operations due to equipment failures, raising concerns over supply shortages and higher global solar prices.
ACME Solar Holdings has refinanced its 490 MW of operational renewable energy projects in Andhra Pradesh, Rajasthan and Punjab with long-term debt facility from SBI and REC.
The Karnataka Power Transmission Corp. Ltd has awarded 350 MW/700 MWh in its tender for 500 MW/1 GWh of battery energy storage systems.
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