GCL System Integration Technology secures a monumental 1100 MW solar module contract with NTPC Renewable Energy Limited, India. This marks NTPCREL’s largest order from a single manufacturer, emphasizing GCLSI’s rapid delivery within five weeks. The deal underscores GCLSI’s expanding presence in India and globally. Notably, a similar 1.1 GW contract with an Indian IPP player was signed in September 2023, with supplies beginning in Q2 2024.
GCLSI lands record 1.1 GW solar module deal in India
NTPC, a major power company with 73,874 MW capacity, has a subsidiary, NTPCREL, dedicated to solar, wind, and hybrid projects nationwide. Image Credit PRNewswire.
Capri Global’s partnered with Credit Fair to ensure digital access to solar finance, helping homeowners and businesses adopt renewable energy. (Image Credit/Source: fietzfotos/Pixabay)
The IEA’s latest report reveals that module prices have halved since early 2023, as the market faces a surplus in solar manufacturing. (Image Credit/Source:Pixabay/Pexels)
SECI’s petition for tariff adoption under Section 63 of the Electricity Act, 2003 for a 900 MW hybrid project is now awaiting a CERC decision. (Image Credit/Source: Pixabay/Pexels )
The CFSE will include a 30,000-square-foot lab and solar tracker setups for real-time training. (Image Source: BUSINESS WIRE)