India’s 2023-24 budget shows the government’s plans to support the domestic production of lithium battery cells.
Rays Power Infra has signed an agreement with the government of the Indian state of Rajasthan to build a 1.8 GW solar park, with an estimated investment of INR 9,140 crore ($1.11 billion).
India’s Borosil Renewables has started domestic trial production with its third solar glass furnace, raising its capacity in India to 1,000 tons per day.
Singareni Collieries Co. Ltd. (SCCL) has commissioned 5 MW of a 15 MW floating solar plant on the Singareni Thermal Power Station reservoir in India.
NTPC Renewable Energy has tendered a balance-of-system (BoS) package for 1 GW of solar, with an option for an additional 500 MW of capacity. Bidding is open until Jan. 21.
Amp Energy has agreed to set up a 200 MW wind-solar plant on a build-own-operate basis. It will sell the generated electricity to Solar Energy Corp. of India.
India installed 13,956 MW of solar between January and December 2022. This included 11.3 GW of utility-scale PV, about 1.9 GW of rooftop solar, and nearly 700 MW of off-grid/distributed capacity.
Bridge to India said it expects companies in India to deploy 45 GW of renewables capacity over the next few years.
Germany’s Centrotherm sees strong demand for its solar cell production equipment in India, as a number of companies are now starting to manufacture PV cells in the country.
Damodar Valley Corp. has secured approval to vuild 990 MW of floating solar under India’s Ultra Mega Renewable Energy Power Parks (UMREPP) scheme. It will soon launch a tender for some of this capacity.
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