Shirdi Sai Electricals targets 10 GW of ingot-to-solar module capacity by March 2026
Shirdi Sai Electricals aims to achieve 10 GW of ingot-to-solar module capacity, along with manufacturing of solar glass, by March 31, 2026.
RIL to invest in 10 GW of solar energy projects in Andhra Pradesh, PLI Scheme’s second round receives bids from 11 companies
Reliance Industries Ltd will invest in building 10 GW of solar energy generation capacity in the state of Andhra Pradesh. It has also applied for 6 GW of poly-to-module capacity under the second round of the production-linked incentive (PLI) scheme for solar manufacturing which received bids from eleven companies in total.
Govt to increase PLI funding for solar manufacturing to INR 24,000 crore
The increase in the financial layout will help accommodate more manufacturers under the government’s production-linked incentives scheme to support gigawatt-scale manufacturing of high-efficiency solar modules.
Shirdi Sai Electricals gets LoA to set up 4 GW solar fab under PLI Scheme
The Telangana based power distribution transformer manufacturer and installer had placed an INR 1,875 crore incentive bid to set up a fully integrated 4 GW polysilicon-to-module fab under government’s production-linked incentives scheme.
Jindal India Solar, Shirdi Sai, Reliance and Adani the lowest bidders in production-linked solar tender
The four companies will each have half of their planned 4 GW annual production of polysilicon-to-module output subsidized by public funds.
Adani and Reliance to set up solar gigafabs under PLI Scheme
Adani and Reliance New Energy, along with Jindal India Solar and Shirdi Sai Electricals, are the top scorers in the shortlist released for the production-linked incentives (PLI) scheme for high-efficiency module manufacturing. The list also includes 14 other companies vying for the incentives. The PLI requirement quoted by the shortlisted applicants will decide the beneficiaries.
6.4 GW solar auction concludes with lowest price of INR 2.47/kWh
The Andhra Pradesh solar auction was oversubscribed by 8.5 GW, but the final prices are significantly higher than the INR 1.99-2.00/kWh record-low tariffs discovered in recent auctions.
