Adani Green Energy has completed the acquisition of 5 GW of solar and wind assets from SB Energy India for $3.5 billion, marking the largest renewables M&A deal in the country. The acquisition swells Adani’s operational capacity by 46%.
Rooftop solar growth in India has largely been driven by a few big, creditworthy organizations in the commercial and industrial sector. However, if accessible financing options are made available, growth can also be replicated in micro, small and medium-sized enterprises, according to a new report.
Adani, Reliance New Energy, Jindal India Solar and Shirdi Sai Electricals have been put on a shortlist for India’s production-linked incentive scheme for high-efficiency PV module manufacturing. The list includes 14 other companies vying for the incentives.
The recovery of valuable raw materials from end-of-life solar panels and batteries presents a great opportunity for India to secure future supplies as the nation chases its ambitious renewable energy targets.
Aerocompact, an Austrian supplier of solar racking solutions, has started manufacturing PV mounting products for flat rooftops in India.
The second quarterly addition of 521 MW from April to June is India’s highest-ever rooftop solar capacity installed in a quarter.
Adani Solar, Jakson, Premier Energies, Vikram Solar, Waaree and other Indian manufacturers are showcasing their high-output modules ranging from 500 W to over 600 W at this year’s Renewable Energy India Expo 2021.
A 25 MW project has been installed at the Simhadri thermal power station run by state-owned power company NTPC on the coast of Andhra Pradesh.
Indian PV manufacturer Goldi Solar will start producing its HELOC̣ Pro series M10 (182 mm) modules in November, and will add G12 (210 mm) panels to its lineup next year.
Insolation Energy Director Vikas Jain recently spoke to pv magazine about the company’s plans to expand its solar panel manufacturing capacity to 700 MW with the addition of a 500 MW facility. The new factory will be equipped to produce poly, mono, mono PERC, and bifacial panels, with individual outputs of up to 600 Wp.
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