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Asia

Tata Power Renewable Energy commissions 126 MW floating solar project in Madhya Pradesh

The 126 MW floating solar installation in Omkareshwar features 213,460 bifacial glass-to-glass modules.

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NTPC Green sets the price band for its INR 10,000 crore public issue

NTPC Green Energy intends to utilize the net proceeds from the fresh issuance to the extent of INR 7,500 crore for repayment/prepayment, in full or in part, of certain outstanding borrowings availed by its wholly owned subsidiary, NTPC Renewable Energy Ltd (NREL). The balance will go towards general corporate purposes.

IndiGrid, BII, and Norfund form $300 million platform to develop greenfield transmission and BESS projects in India

IndiGrid has partnered with British International Investment (BII) and Norfund to form a $300 million platform, EnerGrid, to develop greenfield transmission and standalone battery energy storage system (BESS) projects in India.

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Sunkind secures 10.4 MW Mahagenco solar EPC contract

Sunkind will install and commission a 10.4 MW grid-interactive, ground-mounted solar project for agriculture feeder solarization in Nashik, Maharashtra. The project’s final ownership will be transferred to Mahagenco.

Rajasthan launches 282 MW rooftop solar tender

Rajasthan Renewable Energy Corp. Ltd (RREC) has invited bids to set up 282 MW of grid-connected rooftop solar PV projects on state government buildings at various locations in Rajasthan. Bidding closes on Nov. 26.

Nepal allocates 960 MW in PV tender with lowest bid of $0.037/kWh

The Nepalese authorities had originally planned to allocate 800 MW of PV capacity through the procurement exercise. The 64 selected projects range in size from 5 MW to 50 MW.

Indosolar turns a profit

Solar cell manufacturer Indosolar Ltd, now acquired by Waaree Energies, has posted a net profit of INR 9.48 crore for the July-Aug-Sep quarter of FY 2025.

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Borosil Renewables posts INR 13.13 crore net loss in Q2

Borosil Renewables has posted a consolidated net loss of INR 13.13 crore in the second quarter (July-Aug-Sep) of FY 2025, compared to INR 30.47 crore net profit in the corresponding period of FY 2024.

India’s solar PV module exports soared 23 times between FY 2022 and FY 2024

The nation can potentially replace Southeast Asia countries as a top solar PV product exporter to the US, according to a joint report by IEEFA and JMK Research.

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Saatvik Solar secures 200 MW PV module supply contract with GH2 Solar

Saatvik Solar will supply mono PERC bifacial half-cut PV modules, rated at 540/550 Wp, for GH2 Solar projects in India.

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