GP Eco Solutions India has signed a Memorandum of Understanding (MoU) with the Government of Madhya Pradesh to set up manufacturing facility for 5 GW of solar panels and 2 GW of cells in Madhya Pradesh.
TP Solar has secured a contract from the Solar Energy Corp of India Ltd (SECI) to supply 292.5 MWp of PV modules complying with the Domestic Content Requirement.
CLN Energy has secured an order with a Singapore-based multinational company to supply lithium-ion batteries, cabinets and other related items.
Teerth Gopicon, an EPC player, will invest INR 1,500 crore in setting up a 3 GW of TOPCon solar cell and module manufacturing facility in the State of Madhya Pradesh.
Adani Green Energy’s arm Adani Saur Urja has received a long-term offtake deal with Uttar Pradesh Power Corp. Ltd (UPPCL) for 1,250 MW energy storage capacity from pumped hydro storage projects.
Gensol Engineering has signed a non-binding term sheet to sell its US arm Scorpius Trackers to a major renewable energy solutions provider in the US.
Achieving the National Electricity Plan (NEP-14) targets would require annual financing for renewable energy, storage and transmission to grow by 20% each year, reaching $68 billion by 2032 from $13.3 billion in FY 2024, says a new report from Ember.
Waaree Energies will manufacture and supply 410 MW of n-type TOPCon glass-to-glass solar modules for Aditya Birla Renewable’s projects in Gujarat, Rajasthan, and Maharashtra.
Large-scale solar installations grew nearly 235% year-on-year (YoY) to achieve record capacity additions.
Tata Power will build 5 GW of renewable energy (solar, wind, and hydro) and storage plants with an investment of INR 30,000 crore over the next five years.
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