ReNew Power signs PPAs for 2 GW in India
Nasdaq-listed ReNew Power has signed power purchase agreements for 1.5 GW of new utility-scale PV capacity in Rajasthan. It will also build around 0.5 GW of renewables for corporate customers.
CubicPV, Waaree sign 1 GW PV cell supply deal
US-based CubicPV will supply 1 GW of Direct Wafer silicon solar cells per year to Indian manufacturer Waaree Energies under a five-year contract. The cells will be supplied from its upcoming 2 GW factory in India.
India’s race to 175 GW of renewables slowed by performance of key states
A new report shows that the Indian states of Andhra Pradesh, Madhya Pradesh, Maharashtra, Tamil Nadu and Uttar Pradesh accounted for two-thirds of India’s 65 GW shortfall on its 175 GW renewable energy target, as of March.
Borosil Renewables to acquire Europe’s largest solar glass maker Interfloat Group
Indian group Borosil Renewables is acquiring Europe’s largest solar glass manufacturer. With major sites in Germany and Liechtenstein, Borosil plans to increase manufacturing capacity to 2,600 tonnes per day, making it possible to supply solar glass for more than 15 GW of PV modules from 2025.
India added a record 13.5 GW of solar and wind capacity in 2021-22
The nation installed 12,438 MW of solar, including 10,217 MW of utility-scale and 2,221 of MW rooftop PV, as well as 1,111 MW of wind during the 12 months ending March 31, 2022. The record addition was mainly due to the completion of projects delayed from the previous year.
India’s GUVNL seeks 1 GW of solar
Gujarat Urja Vikas Nigam Ltd. (GUVNL) has issued a tender to procure up to 500 MW of solar power, on top of an additional 500 MW. Bidding closes on May 18.
India may miss 2022 solar target of 100 GW by 27%
A new report by JMK Research and the Institute for Energy Economics and Financial Analysis (IEEFA) says India is likely to miss its 2022 solar target of 100 GW by about 27 GW, mainly due to the underwhelming growth of rooftop solar. While utility-scale solar is on track to achieve nearly 97% of the 60 GW installed capacity targeted by 2022, rooftop solar will be 25 GW short of the 40 GW mark.
India’s utility-scale PV capacity hit 41.7GW in December
India installed 41.7GW of cumulative utility-scale solar capacity as of Dec. 31, 2021. It has another 44.6GW in the pipeline.
Tata Power commissions 160MW AC solar project for NTPC
Tata Power’s solar manufacturing and EPC unit has commissioned a 160MW AC solar project in the Indian state of Rajasthan.
Floating solar-plus-hydroelectric project planned on Indian dam
Renewable energy developers have until April 25 to lodge interest in developing a hybrid facility combining 1.5MW of hydroelectric generation capacity and 100MW of floating solar in the state of Maharashtra.
