India

A new study by the Energy and Resources Institute (TERI) has estimated India’s total solar potential at 10,830 GW, significantly higher than the previous 2014 assessment of 748 GW by the Ministry of New and Renewable Energy (MNRE). The study revisits conventional solar deployment areas such as barren and unculturable lands and explores additional avenues to expand the country’s solar potential.

Solar cell manufacturer Indosolar will resume trading on Indian stock exchanges on June 19 after a six-year suspension, following approvals from the National Stock Exchange and Bombay Stock Exchange.

INA Solar is building a 3 GW solar cell manufacturing line in central India, as part of a broader expansion that includes 4 GW of module capacity and aluminium frame production. It aims to begin construction by the first quarter of 2026 and start operations by mid-2027.

Solar Energy Corp. of India (SECI) has launched a tender for 2 GW of solar generation capacity paired with 4 GWh of energy storage, requiring bidders to install a minimum of 500 kW/2 MWh storage per megawatt of solar awarded.

Ahaan Solar, part of Airox Nigen Equipments, plans to start production from the first 600 MW phase of its 2 GW solar module factory in Haryana, India, by mid-2025. The facility will use tunnel oxide passivated contact (TOPCon) technology to produce high-efficiency modules for domestic and export markets.

Solarium Green Energy will resume solar module manufacturing with a new 1 GW fully automated facility in India, scheduled to begin commercial operation in the fourth quarter of fiscal 2025-26.

The Indian government has announced viability gap funding (VGF) of INR 54 billion ($631.5 million) to support 30 GWh of battery energy storage systems (BESS), allocating capacity among 15 states and the state-owned power producer NTPC. The scheme provides INR 1.8 million/MWh and requires projects to be commissioned within 18 months through competitive bidding.

Tata Power’s PV module subsidiary, TP Solar, has produced more than 4 GW of solar panels and 1.4 GW of cells at its factory in Tamil Nadu, India.

Larsen & Toubro has won a contract from JSW Energy to carry out civil works for the 1.5 GW Bhavali pumped storage project in India, as the nation scales up long-duration renewable energy storage. The project is part of JSW Energy’s push to add 6 GW of pumped hydro capacity by 2030.

THDC India, a subsidiary of NTPC, has commissioned the first unit of 250 MW of a 1 GW variable-speed pumped storage hydropower project in India.