First Solar to power Indian module factory with wind, solar under PPA
Cleantech Solar says it plans to develop 150 MW of solar and 16.8 MW of wind in India, supplying around 7.3 GWh of clean electricity to First Solar’s new 3.3 GW vertically integrated solar factory in the state of Tamil Nadu. The solar component of the project will use First Solar’s India-made Series 7 modules.
India’s SECI launches 1.5 GW solar tender
Solar Energy Corp. of India (SECI) has started accepting bids to develop 1.5 GW of solar projects on a build-own-operate basis. The projects can be located anywhere in India. Bidding closes on Jan. 31.
Solar module prices in India ‘likely to remain subdued in the near term’
Vikram V, vice president and co-group head of corporate ratings at Indian investment information and credit rating agency ICRA Ltd, speaks to pv magazine about falling solar cell and module prices, the impact on Indian pv manufacturers, and the way forward.
PFC Consulting allocates 1.25 GW of solar for $0.030/kWh
NTPC Renewable Energy has secured 900 MW in PFC Consulting’s latest 1.25 GW solar auction. Acme Cleantech won 300 MW and Solarcraft took 50 MW.
RenewSys launches encapsulant for n-type TOPCon solar cells
RenewSys says its Conserv E–NT polyolefin elastomer (POE) encapsulant is specially designed to prevent the degradation of n-type TOPCon solar modules in the field.
Waaree Energies to build 5 GW solar cell, module factory in US
India’s Waaree Energies says it will build a solar module manufacturing facility with an initial capacity of 3 GW per year by December 2024. It plans to ramp up to an integrated 5 GW cell facility by 2027 and has already secured an offtake contract with SB Energy.
India’s solar module exports hit $1.1 billion in April-October period
India’s solar module exports surpassed $1.1 billion in value in the April-October period of the current 2023-24 fiscal year.
Indian electrolyzer incentive scheme draws 21 bidders
The Indian government’s production-linked incentive (PLI) scheme for electrolyzer production has received an overwhelming response, with bids for 2.28 times the capacity that will actually be awarded.
Adani Green Energy sets up new subsidiaries
Adani Green Energy has established two new units, Adani Renewable Energy Fifty One and Adani Renewable Energy Fifty Five.
India’s solar panel imports hit $1.13 billion in first half of fiscal 2024
India’s solar panel imports in the first half of fiscal 2024 surpassed the total value imported for all of fiscal 2023.
