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India added 1 GW of solar during Covid-hit April and May

The nation installed 1 GW of solar power capacity and 0.2 GW wind during the pandemic-hit first two months of the current fiscal year. The cumulative addition was double that of the same period during the previous year

Fortum to sell off 500 MW of India solar assets to Actis

The Finnish utility, which works primarily on a build-operate-transfer model in India, has signed an agreement to divest its 250 MW solar plant in Karnataka and 250 MW in Rajasthan to UK investor Actis. The transaction is valued at approximately €280 million and will enable Fortum to invest in building new projects.

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The case for microinverters in Indian rooftop solar

Sunil Thamaran, India head for US company Enphase Energy, explains why microinverters are a good investment for rooftop solar. He also talks about the trends in microinverter design and the company’s plans in India.

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Premier Energies starts production at new Indian solar factory

The solar manufacturer has started trial production of high-efficiency solar cells at its new site in the southern state of Telangana. The fab can produce 19.2%-efficient multi-crystalline cells using MCCE textured black silicon, as well as making 22.5%-efficient mono PERC products.

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India’s largest solar carport comes online

The 6.2 MWp solar carport at Tata Motors’ manufacturing facility in Maharashtra spans over 30,000 square meters.

China’s Jinchen holds 10 GW of solar production line orders from India

Jinchen Machinery has landed module production equipment orders from leading Indian solar manufacturers. It has already installed 2 GW of production lines and plans to supply the balance within three months. The company will open an India office in Surat, in the state of Gujarat.

Module price increases to moderate PV project returns in India

PV module prices have risen by 15% to 20% over the last four to five months. PV modules account for about 50% to 55% of overall project costs, so such price increases could moderate debt service coverage metrics for developers.

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Indian utility seeks electrolyzer pilot projects

State-run power company NTPC wants to explore the feasibility of using hydrogen instead of diesel for back-up power and micro-grid application.

Upscaling PV-powered irrigation in India

India’s PV-powered irrigation mission has had a sluggish run, even though the PM-KUSUM scheme provides flexibility and budgetary support for system implementation. An IEEFA report highlights the need to address key challenges at state level to increase deployment.

Electricity derivatives to offer power offtake certainty for investors in India

An Institute for Energy Economics and Financial Analysis (IEEFA) report says that the sale of power in the futures market will benefit renewable energy developers and distribution companies alike.

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