Greenko Group has agreed to provide Ayana with 6GWh of pumped-hydro storage capacity from its project in the Indian state of Andhra Pradesh.
The solar panel glass manufacturer expects strong growth in demand for its products at home and abroad with a significant rise expected in the production of PV modules in the USA and Europe.
Norwegian analyst Rystad Energy has warned the solar industry could suffer the same effects of rising input prices as onshore wind developers grappling with ever more costly steel, with much hinging on how much solar panel raw material polysilicon can be manufactured.
Researchers at the Indian Institute of Technology Delhi have developed solar towers that can be moved from one place to another and can generate 20-30% more power while requiring only 50-60% space compared to conventional mounting setups.
Ashutosh Verma, the founder of solar appliance manufacturer Exalta India, says that the key to expanding the uptake of solar products in rural parts of India lies in improving access to finance.
SJVN Limited, an Indian state-owned hydropower producer, has revealed plans to develop 10 GW of solar power projects over the next five years.
Indian developer ReNew Power has commissioned a 17.6 MW captive wind-solar project to supply clean energy to Grasim Industries Limited’s Chlor-Alkali unit in the Indian state of Gujarat. The second phase will involve an additional installation of 16.68 MW.
The Indian solar company’s new facility in Haryana is equipped to make mono PERC, half-cut, multi-busbar technology, to produce high-efficiency PV modules with 530-610Wp of power output.
Norway’s Scatec – which has a 50% stake in Acme’s 900 MW solar project in Rajasthan, India – has put the planned installation on hold due to a lack of domestically produced solar panels and a 40% import duty on PV modules that will go into effect from April.
India’s Union Budget, presented this week by Finance Minister Nirmala Sitharaman, allocates an extra INR 19,500 crore ($2.6 billion) to the production-linked incentive scheme for solar from April.
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