Exide Industries JV partner gets debt restructuring lift
Swiss battery maker that intends to bring production lines to Gujarat has been helped along in a planned reduction of its debt pile by its domestic authorities. The way is now clear for a shareholder vote next Tuesday.
Gujarat will soon tender 250 MW solar+storage capacity
Saurabhbhai Patel, Minister of Energy, Government of Gujarat, has announced that the state will soon issue a 250 MW grid-connected solar tender linked with storage. He also said that Gujarat will add more than 5 GW of new PV capacity in the next three years.
Gujarat tenders 700 MW without capping tariff
Gujarat Urja Vikas Nigam Limited (GUVNL) has tendered 700 MW of grid-connected solar PV power projects to be set up under Phase III of the Raghanesda Solar Park, located in the state. No upper tariff limit has been set.
500 MW Gujarat solar tender oversubscribed 4 times
Gujarat Urja Vikas Nigam Limited (GUVNL)’s re-tender of the annulled 500 MW grid-connected solar PV tender has been oversubscribed by almost four times. Technical bids aggregating 1,925 MW have been submitted against the tendered capacity of 500 MW.
Amara Raja to open 100 MWh Li-ion battery fab, eyes demand from EVs
Following hot on the heels of Exide Industries, lead acid battery maker, Indian-based Amara Raja Batteries Limited has said it will set up a 100 MWh lithium ion assembly plant in Andhra Pradesh. The company aims to establish a foothold in the energy storage market for electric vehicles.
GUVNL unveils 1 GW solar tender, Maharashtra sets generic PV tariff
Gujarat Urja Vikas Nigam Limited (GUVNL) has invited expressions of interest (EoIs) to develop 1 GW of grid-connected solar PV projects at the proposed 5 GW Dholera Solar Park. The state of Maharashtra, meanwhile, has issued a generic PV tariff.
Gujarat leads in approved solar park capacity
With an approved solar park capacity of 6,200 MW, Gujarat tops the list of solar parks approved under the Solar Park Scheme of India’s Ministry of New & Renewable Energy (MNRE).
Exide Industries, Leclanché announce JV for battery manufacturing in Gujarat
India’s Exide Industries Limited and Switzerland-based Leclanché S.A. have announced a 75%-25% joint venture (JV) under which lithium-ion (Li-ion) cells, modules and battery packs will be manufactured in the state of Gujarat.
Waaree triples solar panel capacity with a new plant in Gujarat
Waaree Energies has set up a 1 GW solar PV panel plant in Vapi, which is in addition to its existing 500 MW plant in Surat, Gujarat. The company intends to further increase capacity to 2 GW. Among other key developments, it has partnered with third-party equipment suppliers to manufacture batteries
Gujarat Borosil to invest INR 4.35 billion in solar glass
With this investment, the company plans to more than double its manufacturing capacity of tempered solar glass from 180 tonnes per day to 400 tonnes by 2020. Currently, it meets 30% of India’s demand for solar glass. With the expansion, it aims to become the market leader by catering to about 60-70%.
