Adani Green targets 45 GW of renewables capacity by 2030
Indian renewable energy developer Adani Green had an operational capacity of 5.4 GW – including 4.76 GW of solar and 647 MW of wind – as of Sept. 30.
Indian government may offer extensions for PV projects due before April
The Ministry of New and Renewable Energy has asked the dispute resolution committee to look into commissioning extension requests for solar projects that are due for delivery before April 1, 2022.
China power crisis hits Indian solar projects
After the ravages of Covid-19, electricity shortages in China have now raised costs for its solar manufacturers, with knock-on effects for developers in India too, again highlighting the dangers of relying on a single solar supply chain.
India launches tender for 50 GWh of battery cell output with subsidy support
The Indian authorities have opened global bids to set up advanced-chemistry battery cell manufacturing units in India under the production-linked incentive scheme. Applications are open until Dec. 31, but bidders must commit to setting up a minimum of 5 GWh of capacity to qualify for the government subsidy.
India added 8.8 GW of solar in first nine months of 2021
The country is expected to reach 14 GW of newly installed PV capacity this year. Of this power, around 11 GW should come from utility scale projects and 3 GW from distributed generation.
Four winning bidders in India’s gigawatt-scale solar manufacturing tender
Jindal India Solar Energy, Shirdi Sai Electricals, Reliance New Energy Solar, and Adani Infrastructure will each have half of their planned 4 GW annual production of polysilicon-to-module output subsidized by public funds.
Emmvee sets up 3 GW solar cell and module factory in India
Planned to be located in Dobaspet, Karnataka, the manufacturing facility will be Emmvee’s second solar factory in the Indian State.
Adani concludes India’s largest renewables M&A transaction
Adani Green Energy has completed the acquisition of 5 GW of solar and wind assets from SB Energy India for $3.5 billion, marking the largest renewables M&A deal in the country. The acquisition swells Adani’s operational capacity by 46%.
Scaling finance could drive rooftop solar for small, mid-sized enterprises
Rooftop solar growth in India has largely been driven by a few big, creditworthy organizations in the commercial and industrial sector. However, if accessible financing options are made available, growth can also be replicated in micro, small and medium-sized enterprises, according to a new report.
Indian hydropower producer to deploy 1 GW of PV
SJVN, a state-owned hydropower producer in India, has landed one-fifth of 5 GW of grid-connected PV capacity in a recent tender.
