Karnataka Renewable Energy Development Ltd. (KREDL) is seeking a consultant to assess the feasibility of a planned 500 MW solar park in the Indian state of Karnataka.

Tata Power’s greenfield 4.3 GW solar cell and module manufacturing plant in the Indian state of Tamil Nadu is expected to start PV module production by the end of this year.

India aims to develop 4 GWh of battery energy storage systems (BESS) by 2030-31 through its viability gap funding (VGF) scheme. The selection of BESS developers for VGF grants will undergo a transparent, competitive bidding process.

WattPower has inaugurated a string solar inverter factory in the Indian state of Tamil Nadu, with an annual production capacity of 10 GW.

The US and Indian authorities have jointly launched a renewable energy technology action platform, with an initial focus on green hydrogen, wind power, long-duration energy storage, and the exploration of geothermal energy.

CRISIL Ratings says that it expects about 20 GW of new renewable energy capacity in India in fiscal 2024 and fiscal 2025, with roughly 16 GW of solar and the remainder from wind in the current 12-month period, up 33% from the 15 GW installed in fiscal 2023.

Mukesh D Ambani, the chairman and managing director of Reliance Industries, says the company aims to open a fully integrated solar gigafactory by the end of 2025. It also plans to initiate megawatt-level sodium-ion cell production by 2025.

India installed 6.8 GW of solar capacity in the first half of 2023, down 15% year on year, according to JMK Research.

In 2022, off-grid solar kit sales reached a record-breaking 9.5 million units. This is almost 1 million more than the 8.5 million units sold in 2019.

Indian manufacturer Navitas Solar has collaborated with US-based Sustainable Equity and Colby Solar to set up a module factory with a manufacturing capacity of 1.2 GW per annum.