Solar manufacturer RenewSys has expanded its encapsulant capacity to 3GW with the addition of a new line at its facility in Bengaluru, India. The company aims to eventually expand its encapsulant capacity to 11 GW.
Ratings agency Crisil estimates India will have 38-43GW of annual solar module manufacturing capacity by the end of March 2025. Production capacity will be driven by strong domestic demand, favorable government policy, raised module conversion efficiency, and price competitiveness, according to the ratings agency.
Fluence and ReNew Power will set up a new joint venture to provide energy storage products for the Indian market. ReNew will become its first customer by procuring a 150 MWh battery-based energy storage system for a 300 MW project in the Indian state of Karnataka.
Rajasthan Electronics and Instruments is accepting bids from Indian manufacturers to supply five-busbar monocrystalline and multicrystalline silicon solar cells rated for a minimum of 4.62 W. Bidding closes on Jan. 27.
State-owned utility NTPC, a partner of the International Solar Alliance, will help the Cuban government with developer selection and the signing of project agreements and will oversee solar plant implementation up to commissioning.
The Indian manufacturer has unveiled its Series 10 monocrystalline PERC solar modules featuring 144 half-cells based on an M10 wafer. The modules are available in monofacial and bifacial versions with a maximum efficiency of 21.33% and 21.13%, respectively.
India’s production-linked incentive scheme for advance-chemistry battery cell production has received bids for 2.6 times more than the 50 GWh of manufacturing capacity it plans to allocate.
The Indian government has ruled that only solar products and companies on the Approved List of Models and Manufacturers will be eligible for open-access and net-metering projects, in addition to government-backed installations. This includes arrays set up to sell electricity to the government under Section 63 of the Electricity Act, 2003. The amendment will apply to projects that request open access or net metering from April 1, 2022.
The Mukesh Ambani-led diversified business conglomerate has agreed to invest INR 5 lakh crore (US$67.6 billion) in building 100 GW of renewable energy capacity and green hydrogen eco-system in the state. It will also invest INR 60,000 crore (US$8.1 billion) in setting up manufacturing facilities for new and renewable energy equipment, including solar modules, electrolyzers, energy-storage batteries, and fuel cells.
The nation reached a cumulative 151GW of renewable energy generation capacity – including large hydro – by December 31, although a large volume of off-grid equipment is not included in that figure.
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