US solar tracker manufacturer Nextracker has signed a master supply agreement with Amara Raja Power Systems to deliver its trackers to a 306MWp PV project from utility NTPC in India.
Solar PV capacity is expected to almost treble over the 2022-2027 period, growing by 1.5TW and will surpass coal as the largest source of power capacity worldwide, according to a report from the IEA.
Amazon has expanded its renewable energy presence in India with two solar-wind hybrid projects to be developed in partnership with Vibrant Energy, a subsidiary of Macquarie Green Investment Group.
Imports of solar modules in India decreased by 64% in Q3 2022 compared with the prior quarter whilst cell imports increased by the same amount, according to consultancy JMK Research.
Solar installations in India were up 35% year-on-year (YoY) in Q1-3 2022, but the average system cost went increased 7.5% for the same period, according to consultancy Mercom Capital Group.
PV Tech Premium caught up with Gyanesh Chaudhary, vice-chairman and managing director at Indian PV module manufacturer Vikram Solar, which has a 2.5GW annual production capacity, to discuss the thinking behind the ALMM and PLI schemes and whether ingot and wafer production is realistic in India.