Chinese solar manufacturer GCL System Integration Technology (GCL SI) has secured a 550MW PV module supply agreement with Indian state-owned utility SJVN Green Energy.
India-based renewables developer Avaada Group has signed a memorandum of understanding (MoU) with the Indian government of Gujarat to develop 6GW of hybrid solar-wind capacity.
Indian independent power producer (IPP) KPI Green Energy has signed a supply agreement for 300MW of bifacial mono-PERC modules from PV manufacturer Emmvee.
Indian renewables developer Adani Green Energy Ltd. (AGEL) has closed a US$1.36 billion debt facility to support the development and construction of its large-scale projects.
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.