Four winning bidders in India’s gigawatt-scale solar manufacturing tender
Jindal India Solar Energy, Shirdi Sai Electricals, Reliance New Energy Solar, and Adani Infrastructure will each have half of their planned 4 GW annual production of polysilicon-to-module output subsidized by public funds.
India offers lowest LCOE for rooftop PV, third-best generation potential
The levelized cost of rooftop solar generation is the lowest in India ($66/MWh) and China ($68/MWh), while the United States ($238/MWh) and the United Kingdom ($251/MWh) are some of the most expensive countries, according to a new international study.
Indian coal company seeking consultant for 250 MW floating solar project
Singareni Collieries Company Ltd., a state-owned Indian coal miner, has opened bids from project management consultants for a 250 MWp (DC) floating solar power plant it is developing. It will make a selection through domestic competitive bidding, followed by a reverse auction.
NITI Aayog releases geospatial energy map of India
NITI Aayog has released a new map that attempts to identify all primary and secondary sources of energy and their transport/transmission networks to provide a comprehensive view of energy production and distribution in India.
SECI invites proposals for 1 GWh of battery energy storage systems
Solar Energy Corp. of India has released draft guidelines for a tender to set up standalone battery energy storage systems in India.
Reliance Industries to invest $29 million in Nexwafe
Reliance New Energy Solar, a subsidiary of Reliance Industries led by billionaire Mukesh Ambani, which is planning a huge manufacturing venture in Gujarat, India, has led a series C financing round in German wafer manufacturer NexWafe with an investment of EUR 25 million ($29 million). This marks the third major investment in renewables announced by the Indian multinational this week.
Danish electrolyzer firm Stiesdal next in Reliance’s new energy plans
Reliance New Energy Solar has signed an agreement with Danish firm Stiesdal A/S to develop and manufacture Stiesdal HydroGen electrolyzers for green hydrogen production in India.
India: Tata Power secures 100 MW distributed solar order from EESL
Tata Power Solar has landed the engineering, procurement, and construction work for 100 MW of distributed solar capacity in India’s Maharashtra. The awarded capacity includes multiple ground-mounted projects.
Reliance Industries’ new energy arm to acquire 40% stake in Sterling and Wilson Solar
The acquisition gives Reliance New Energy Solar access to Sterling and Wilson Solar’s PV plant engineering and project management skills as it aspires to become a global leader in green energy based on the latest and most cost-competitive technologies and development capabilities.
Renewables system with 76% share of PV could halve Indian electricity costs by 2050
A new study by Lappeenranta-Lahti University of Technology and Wärtsilä explores the feasibility of a net-zero power system in India by 2050. It shows that an all-renewables system paired with flexible generation tech could improve the affordability of electricity, while ensuring the reliability of system operations.
