ReNew Energy Global Plc has secured a USD 100 million investment from British International Investment (BII) to expand its solar manufacturing operations in India. The funds will be directed toward ReNew’s solar manufacturing subsidiary, ReNew Photovoltaics Private Limited, to support capacity growth and infrastructure development. BII will acquire a minority stake in ReNew Photovoltaics as […]
Tata Power’s solar subsidiary, TP Solar Ltd, has inaugurated a solar manufacturing facility with a production capacity of 4.3 GW in Tirunelveli, Tamil Nadu. The facility, covering 317 acres, was established with an investment of approximately INR 43 billion. It is equipped with TOPCon and Mono PERC technologies for high-efficiency solar cell and module production. […]
Reliance NU Suntech, a subsidiary of Reliance Power, has entered into a 25-year Power Purchase Agreement (PPA) with the Solar Energy Corporation of India (SECI) for a large-scale solar and battery energy storage system (BESS) project. The project involves an investment of up to INR 100 billion and will deliver 930 MW of solar power […]
Reliance Industries has launched its first solar panel manufacturing line as part of its USD 10 billion renewable energy strategy. The facility, located in Gujarat, is designed to produce solar photovoltaic (PV) modules with an initial capacity of 10 gigawatts (GW) per year, with plans to scale up to 20 GW. The company has also […]
ReNew has commissioned a solar power project with a peak capacity of 1.3 GWp in Jaisalmer, Rajasthan. Spread across approximately 3,500 acres, the facility is expected to generate around 2,490 million units of electricity annually. According to the company, this output could meet the electricity needs of around 500,000 households. The project uses solar panels […]
Emmvee has inaugurated a new photovoltaic module manufacturing facility in Sulibele, near Bengaluru International Airport. The new unit adds approximately 2.0 gigawatts peak (GWp) to the company’s existing production capacity, bringing its total module manufacturing capacity to about 6.6 GWp. The company’s solar cell production capacity remains at 2.5 GWp. The facility spans roughly 400,000 […]
Danfoss India has commissioned a battery-based Energy Storage System (BESS) at its manufacturing campus in Oragadam, Chennai. The installation is privately owned and grid-scale in nature, and is designed to store excess solar energy generated at the facility for later use. The energy storage system comprises a 250 kW power conversion system (PCS), a 270 […]
SolarPower Europe and the National Solar Energy Federation of India (NSEFI) have signed a Memorandum of Understanding (MoU) aimed at strengthening cooperation between the European Union and India in solar manufacturing. The agreement focuses on diversifying and improving the resilience of global solar value chains through joint initiatives in business development, regulatory coordination, and knowledge […]
Waaree Energies Ltd. has inaugurated a 5.4 GW solar cell manufacturing facility in Chikhli, Gujarat. The plant spans 150 acres, with a built-up area of 101 acres, and is equipped with high-efficiency solar cell technology. According to the company’s press release, the facility is expected to generate over 9,500 direct jobs and approximately 30,000 indirect […]
Ecofy Finance Private Limited has received DKK 90 million in loan financing from the Investment Fund for Developing Countries (IFU) to expand its lending portfolio for electric vehicles and rooftop solar installations in India. The funding is expected to support the financing of over one million electric vehicles and more than 1.5 GW of rooftop […]