Insolation Energy to add 3 GW solar panel, 1.4 GW cell capacity by March
The Indian manufacturer is expanding its solar panel production capacity to 4 GW annually, up from a current 1 GW. It is also setting up manufacturing capacities for 12,000 MT of aluminum framing and 1.4 GW of PV cells. The new capacities will be commissioned during fiscal year 2024-25.
India allocates 630 MW of renewables-plus-storage capacity at average price of $0.059 /kWh
The winning developers will set up renewable energy projects backed with energy storage system to supply a cumulative 630 MW of firm and dispatchable renewable power in a demand-following manner.
SJVN secures 2.4 GW pumped storage project in India
Indian hydropower provider SJVN said the pumped hydro storage project will be deployed across Darzo Nallah, a tributary of the Tuipui River.
ReNew switches on 400 MW of solar in India
ReNew has completed a 400 MW solar project in western India. The installation is part of a 600 MW power purchase agreement (PPA) with Solar Energy Corp. of India (SECI) for 25 years.
India imposes 10% customs duty on solar glass imports
The Indian authorities will introduce a 10% customs duty on solar glass imports from October. The government has also expanded the list of exempted equipment for solar cell and panel production to support domestic manufacturing.
Ohmium opens second electrolyzer gigafactory in India
Ohmium has started operating a second electrolyzer gigafactory in India. The 2 GW facility near Bengaluru is expandable to 4 GW. It will produce polymer electrolyte membrane (PEM) electrolyzers to meet rising demand for green hydrogen.
India developers seek tax relief, supply support in new state budget
India’s Union Budget will be presented next week. Developers in the country hope for lower goods and services tax (GST) and import duties on solar components, as well as a delay in enforcing the Approved List of Models and Manufacturers (ALMM) until domestic supplies improve.
Jupiter International secures $36 million to expand solar manufacturing
Jupiter International has obtained $36 million to expand its PV manufacturing operations, including the construction of a 1.8 GW solar cell facility, as well as a joint venture with AmpIn Energy for 1.2 GW of integrated solar cell and module capacity each.
India wraps up 1.2 GW solar, storage tender at average price of $0.041/kWh
Solar Energy Corp. of India (SECI) has concluded a 1.2 GW solar and storage tender at an average price of $0.041/kWh, with Acme Solar Holdings, Hero Solar Energy, JSW Neo Energy, and Pace Digitek Infra emerging as winners.
India launches hybrid solar-wind tender
Solar Energy Corp. of India (SECI) has started accepting bids to set up 400 MW of hybrid wind-solar projects on a build-own-operate basis in India. Bidding closes on Aug. 6.
