Premier Energies secures INR 1,087-crore solar cell, module supply orders
Premier Energies has secured multiple domestic orders for supply of solar modules (worth INR 964 crore) and solar cells (INR 123 crore).
Jakson Green Infinity ships its first electrolyzer to green hydrogen refueling station for urban mobility
Jakson Green Infinity has shipped its first batch of 3.8 MW electrolysers to produce hydrogen on-site at India’s inaugural green hydrogen refueling station for urban mobility in the National Capital Region (NCR)
The Hydrogen Stream: ACME Cleantech, BASF sign agreement to supply green ammonia to Europe
ACME Cleantech and BASF have also signed a Memorandum of Understanding (MoU) to explore further collaboration in the green ammonia business.
Ecoprogetti delivers 300 MW solar panel production line to SAEL
SAEL’s production line from Italy’s Ecoprogetti is equipped to produce double-sided glass-glass solar panels using TOPCon M10 cells.
Renewables (including large hydro) share reaches 45% in India’s cumulative installed power capacity
India’s installed power generation capacity hit 453 GW as of September 2024 with renewables (including large hydro) contributing 45%.
Avaada signs MoU to develop 1.2 GW pumped storage project in Rajasthan
Avaada Group will develop a 1.2 GW pumped storage project in Rajasthan with a total investment of around INR 5,800 crore over the next five to seven years.
NGEL, NREDCAP tie up for 25 GW of renewable energy projects in Andhra Pradesh
NTPC Green energy Ltd (NGEL) and New and Renewable Energy Development Corp. of Andhra Pradesh (NREDCAP) have entered a joint venture agreement to develop 25 GW of renewable energy projects, 0.5 mmtpa of green hydrogen and derivatives projects, and 10 GW of pumped hydro projects in the state.
India installed 16 GW of solar in first nine months of 2024, says Mercom
The solar addition in the Jan.-Sep. period of 2024 topped all previous nine-month and annual installations.
Building self-reliance in the solar value chain
A multi-pronged policy mix has been adopted by the government to promote solar adoption. In the Budget 2024-25, a corpus of INR 10,000 crore was allocated to promote the solar industry, a 110% increase from the previous year. Solar manufacturing equipment have been exempt from the basic customs duty list to boost domestic manufacturing. In contrast, there is a 10% customs duty on the import of solar glass as we currently have enough capacity to meet all our domestic requirements.
Adani calls US allegations ‘baseless,’ to seek all possible legal recourse
The Adani Group has termed the US allegations of bribery for solar contracts ‘baseless’ and added that it will seek all possible legal recourse.
