india

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.

India installed 6,794MW of solar PV in H1 (January – June) 2023, a 19% decrease year-on-year from 2022 according to energy analyst JMK Research.

Indian state-owned utility SJVN will develop 1.2GW of solar PV projects to supply power to the Punjab State Power Corporation Limited.

State-owned Solar Energy Corporation of India has launched a tender for 1GW of domestic solar modules from manufacturers in India.

The Bhutanese government has started construction on the country’s first utility-scale solar farm, the 17.38MW Sephu solar project.

Danish renewables investment manager Copenhagen Infrastructure Partners (CIP) has closed €5.6 billion (US$6.1 billion) in capital commitments in the first round of its latest renewables fund.