The Indian solar manufacturer has unveiled the 60 5 W Bonito Max panel featuring 156 half-cells and a 10-busbar design. The new product has a power conversion efficiency of up to 21.64%.

The Indian cabinet allocated around $2.4 billion for the second phase of the incentive scheme.

The U.S. e-commerce group will also install 23 rooftop systems totaling 4.09 MW across 14 cities in India.

The investment will support Hero Future Energies in expanding its renewable energy capacity. The Indian independent power producer has a diversified portfolio of 1.6 GW of operating solar and wind projects.

US manufacturer First Solar will supply its thin-film panels to Indian developer Azure Power.

Jharkhand Renewable Energy Development Agency (JREDA) has invited bids to build a 2 MW grid-connected solar project on top of the Sikdiri Canal in the Ranchi district. Bidding closes on October 6.

Mahindra Group has agreed to sell a 30% equity stake in Mahindra Susten to the Ontario Teachers’ Pension Plan for around $300 million. The two parties have also agreed to set up an infrastructure investment trust so Mahindra Susten can strengthen its solar, hybrid energy, and integrated storage businesses, as well as its round-the-clock green energy plants.

Tata Power Solar has secured an engineering, procurement and construction contract for a 125 MWp floating solar project in the Indian state of Madhya Pradesh.

Serentica Renewables plans to install and commission 1.5 GW of solar and wind capacity in 24 months to serve energy-intensive industries in India.

Avaada has agreed to supply electricity from 300 MW of PV capacity to Maharashtra State Electricity Distribution Co. (MSEDCL) on a long-term basis.