india

Continuing a downward trend of capacity additions, India has added 1.7GW of solar capacity in the second quarter of 2023, according to consultancy Mercom India Research.

ReNew Energy Global has published results for the first quarter of its 2024 financial year, which include profits of US$36 million.

GCL System Integration has agreed to supply 1.1GW of n-type solar modules to Indian renewables firm SAEL Industries.

SJVN will build and operate a new 90MW floating solar project in the Omkareshwar Floating Solar Park in the Indian state of Madhya Pradesh.

India has surpassed 70GW of installed solar capacity as of the 30th June this year, according to the country’s government. It initially had a target of 100GW capacity by 2022.

Indian solar manufacturer Waaree will expand its ingot, wafer, cell and module production capacity by 6GW following a second round equity funding raise of around INR10 billion (US$121 million).

Indian renewables developer Tata Power Renewable Energy (TPREL) has signed two power purchase agreements (PPA) with the Maharashtra State Electricity Distribution Company (MSEDCL) for 350MW worth of solar PV power generation.

Indian conglomerate Adani has raised US$394 million for solar manufacturing through its renewable energy subsidiary Adani New Industries.

CleanMax has started operations at a hybrid solar and wind project in the Indian state of Gujarat, with a total capacity of 400MW.

Indian independent power producer (IPP) ReNew Power and Malaysian Gentari’s Indian subsidiary, Gentari Renewables India, have established a joint venture (JV) to target 5GW of new renewable energy capacity.