India could add 2.5 GW of big solar in second half
Some 1 GW of utility scale project capacity was added to the end of June.
India installed 7.6 GW of solar in the last fiscal year, and plans another 8 GW by April
Some 5.9 GW of utility scale PV generation capacity was added in 2019-20, plus 1.7 GW of rooftop solar, with domestic module manufacturers enjoying around 40% of the market.
Vikram Solar plans 3 GW solar factory in Tamil Nadu
The engineering, procurement and construction services contractor – which has a 1.2 GW module production facility near Kolkata – will establish a wafer, cell and module manufacturing site in Tamil Nadu under a five-year timescale.
Solar EPC firm SunEdison raises US$2.5 million from US investor
Fenice Investment Group will subscribe to compulsorily convertible preference shares (CCPS) of SILRES Energy Solutions at Rs 10 per CCPS. The investment is expected to complete by May 25.
US investor KKR to acquire 317 MWp of SP Infra solar assets
Marking its second infrastructure investment in India, KKR will acquire Mumbai-based Shapoorji Pallonji Infrastructure’s 169 MWp solar assets in Maharashtra and 148 MWp in Tamil Nadu for a sum of Rs 15.54 billion (approximately US$204 million).
L&T bags 500 MW solar EPC contracts
Larsen & Toubro has secured EPC orders totaling 500 MW grid-connected solar capacity, in addition to significant contracts in India and overseas for power transmission and distribution.
WoodMac predicts India’s renewables installation to fall by a fifth due to lockdown
Over 21.6% or 3 GW of solar and wind installations will get delayed due to supply and labour disruptions caused by the ongoing Covid-19 lockdown, according to the analysts which in a January report forecast the country to add over 15 GW of renewable capacity this year.
ARCI develops fuel cell technology to power disaster management systems
Fuel cell systems provide sustainable electricity using hydrogen gas without the need of grid power as required by conventional battery backup systems, making them highly useful for applications like Emergency Operation Centres which need to respond immediately during an emergency situation with state-of-the-art communication systems.
Larsen & Toubro bags 50 MW solar project in Tamil Nadu
Following a 20 MW floating solar project in Uttar Pradesh last month, Larsen & Toubro has won an order to design and construct a 50 MW solar plant in Tamil Nadu.
Thermal energy giant NLC aims to touch 4 GW solar capacity by 2025
Having touched 1404 MW of renewable capacity as on January 31, 2020, the state-owned producer aims to add further 2847 MW to reach 4251 MW (4 GW from solar and 251 MW wind) by 2025.
