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solar manufacturing capacity

LAUNCHING- Solis 255K “More Than BIG” on 22nd July 2020

2020 is the year when the photovoltaic industry moves from subsidy to parity, and also the year of great technological change! Since the beginning the year, at least 7 companies have released new PV modules, with the power moving from 500W to 600W+! At the same time the renewable industry in India is witnessing aggressive […]

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GM to hit 5 Million Electric Vehicle Sales by 2030: WoodMac

GM is expected to hit 5 million in cumulative electric vehicle sales by 2030 according to new research from Wood Mackenzie. General Motors (GM) has set an annual target for 1 million electric vehicle (EV) sales globally by the mid-2020s. Although the company will only meet half of that target by 2026, it is expected […]

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Adani Operating 2595 MW of RE Assets, Over 11 GW Under Implementation

Adani Green Energy now has 2595 MW of renewable energy assets under operation, while an additional 11,395 MW capacity is currently under implementation. Adani Green Energy, the green energy business of the Adani Group, has issued a quarterly update of the firm for the first quarter of the financial year 2020-2021. The firm has reported […]

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Siemens Gamesa Launches new 3.4-145 Wind Turbine for Indian Market

Siemens Gamesa Renewable Energy has introduced its next-generation wind turbine, the SG 3.4-145 in India, optimised for wind conditions in the country. Siemens Gamesa Renewable Energy continues leading the way in India, one of the largest onshore markets in the world, with the introduction of its next-generation wind turbine, the SG 3.4-145. The new wind […]

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OLADE, IRENA put RE at Heart of Economic Recovery in LAC

IRENA and OLADE will boost ties to put the renewables-driven energy transformation at the heart of LAC economic recovery following the COVID-19 outbreak. The International Renewable Energy Agency (IRENA) and the Latin American Energy Organization (OLADE) will boost ties to put the renewables-driven energy transformation at the heart of Latin America and the Caribbean (LAC) […]

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Ørsted & TSMC Sign World’s Largest Corporate Renewable PPA

Ørsted and TSMC have signed the largest ever renewable corporate PPA, under which TSMC will offtake the full production from Ørsted’s 920 MW Greater Changhua 2b & 4 offshore wind farm. Offshore wind major Ørsted and Taiwan-based TSMC have announced that they have signed a corporate power purchase agreement (PPA), under which TSMC will offtake […]

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5.5 GW PV Additions in India in FY21; 15% Decline due to COVID-19: ICRA

According to ICRA, the solar PV capacity additions in FY 2020-21 are expected to remain subdued given the continued execution challenges due to COVID-19. The domestic solar PV capacity additions in FY 2019-20 has remained lower by about 15 percent than the previous estimate of 7-7.5 GW, mainly on account of the disruption in supply […]

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Valid PPAs Before Aug 1 to get Exemption on Higher Duty on Imports

Solar projects with valid PPAs before August 1, 2020, will be exempted from the proposed higher import duty on solar equipment and components. Solar power developers, that are still on course or in the process of starting work on the development of new solar projects in the country might be exempted from paying the newly proposed […]

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CEEW Recommends Green Energy Investments in COVID Recovery Strategy

The Council on Energy, Environment and Water (CEEW), along with the National Institute of Public Finance and Policy (NIPFP) has recently published a report that makes the case for India needing a new social contract based on a commitment to jobs, growth and sustainability, as it charts its way out of the COVID-19 pandemic. The […]

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