Gautam Solar plans INR1,000 crore IPO for expansion
To achieve its 5 GW solar module manufacturing goal by 2025, Gautam Solar has planned to raise INR1,000 crore via an IPO. Discover how this supports Indian PV capacity here.
#india
India’s renewable energy capacity surpasses 200 GW
Having surpassed 201.4 GW, renewable energy accounts for nearly half of the country’s total generation capacity. Click here to learn more.
Deye showcases flexible hybrid inverters at REI 2024 event
Deye has introduced its residential and commercial solar energy solutions at REI 2024. Learn more about its inverters here.
JSW signs 700 MW PPA with NTPC
NTPC has signed a 25-year PPA with JSW Energy for a 700 MW solar project, scheduled for commissioning by June 2026. More about this PPA here.
Oriano secures 184 MW solar EPC order
Blueleaf Energy has awarded Oriano a major contract to install 184 MW PV systems for its Pachora Hybrid Power Project. Learn more about this contract here.
RMC Switchgears-led consortium secures 46 MW solar project contract
RMC Switchgears will lead a consortium to deliver 46 MW of solar power projects in Ahmednagar, Maharashtra. More details on this contract win here.
India adds 11.3 GW PV modules in 1H 2024
PV module and cell manufacturing surged in India in 1H 2024, adding 11.3 GW of modules and 2 GW of cells. More details from the report here.
Avaada launches INR 13,650 crore PV plant in India
The solar ingot and wafer manufacturing facility will be built in Butibori MIDC, Nagpur, Maharashtra. Learn more about this project here.
SECI’s 900 MW hybrid project awaits CERC order
CERC has reserved its judgment on SECI’s petition for the adoption of tariffs for its 900 MW wind-solar hybrid project. Learn more about this petition here.
Goldi Solar plans major PV manufacturing expansion in India
Goldi Solar looks to boost its module manufacturing capacity to 14 GW by mid-FY26 and targets a 4 GW cell capacity by FY27. More about its expansion plans here.