India

NHPC has allocated 3 GW of solar capacity at a rate of $0.030/kWh to developers who can set up projects connected to the interstate transmission system across India.

India’s Kosol Energie has installed a new 1 GW production line to produce TOPCon solar modules ranging from 580 W up to 715 W, in both mono-facial and bifacial variants.

The National Solar Energy Federation of India will serve as the secretariat of the newly formed India Agrivoltaics Alliance (IAA). The IAA includes 12 organizations and is supported by the India Climate Collaborative and Bloomberg Philanthropies.

IEEFA and JMK Research say that Indian solar module manufacturers will continue to sell products in the US market until July 2024. However, exports could stagnate in 2025 and decline from 2027 due to domestic capacity development under the US Inflation Reduction Act (IRA).

Panasonic Life Solutions India has introduced easy-to-install residential solar kits in India. These kits feature BIS- and IEC-certified solar modules and inverters, along with a mobile app-based energy monitoring system for hassle-free maintenance.

Waaree Energies has agreed to supply 200 MW of its AHNAY 545 Wp bifacial modules to an Engie India PV project in India.

The cost of capital for solar projects has decreased across nine major markets over more than a decade, two researchers looking into the economic issue have told pv magazine. But India, considered one of the world’s most prominents PV markets, is ailed by “stubbornly high” risk premiums for these kinds of developments.

SJVN Green Energy Ltd. (SGEL) plans to develop a 2 MW floating solar pilot project with Ocean Sun’s membrane-based floater technology.

NTPC’s NETRA R&D center and Engineers India Ltd. (EIL) have agreed to collaborate on carbon capture, utilization and storage (CCUS), green hydrogen, and green ammonia.

India’s Loom Solar has launched new bifacial TOPCon solar modules with peak power output of 575 Wp and a front-side conversion efficiency rating of up to 22.3%.