Uma Gupta

1 week ago | pv-magazine-india.com | Uma Gupta

INA Solar has signed a Letter of Intent (LOI) with China-based SC Exact Equipment for a 3 GW turnkey solar cell line at Narmadapuram, Madhya Pradesh. The manufacturer is setting up a 4 GW solar module line, 3 GW cell line and 54,000 metric ton aluminium frame capacity in Narmadapuram, where it has already secured possession of the land. The company expects to start construction by Q1 FY26 and begin operations of its 3 GW solar cell line by H1 FY27.

1 week ago | pv-magazine-india.com | Uma Gupta

Volks Energie announced today it has secured a second order from Bharat Petroleum Corp. Ltd (BPCL) for a solar PV and lithium-ion battery storage project. Under the latest contract, it will deploy a solar plus Li-ion battery and charger system for BPCL’s Irugur-Devangonthi petroleum and petroleum products pipeline along the route of Irugur (Tamil Nadu) to Devangonthi (Karnataka). The latest win follows a similar BPCL project secured for pipelines between Telangana and Andhra Pradesh.

1 week ago | pv-magazine-india.com | Uma Gupta

Ensuring vulnerable workers and communities are not left behind is one of the biggest challenges emerging economies will face in their energy transition. However, it also opens up new job opportunities and avenues for economic growth, states a new report released by the Institute for Energy Economics and Financial Analysis (IEEFA).

1 week ago | pv-magazine-india.com | Uma Gupta

ReNew Energy Global Plc has delivered a strong performance for the fourth quarter and full fiscal year ended March 31, 2025, driven by its solar manufacturing business and continued expansion of clean energy portfolio. Q4 net profit soared to INR 313.7 crore ($37 million), up nearly 415% from INR 60.9 crore in Q4 FY24. Total Income for the quarter stood at INR 3,439.1 crore, up from INR 2,477.6 crore.

1 week ago | pv-magazine.com | Uma Gupta

From ESS NewsSECI is tendering for 2 GW of grid-connected solar projects with 1 GW/4 GWh of energy storage systems (ESS). The projects, to be developed on a build-own-operate basis, can be set up anywhere in India. The developer must install ESS capacity of at least 500 kW/2 MWh for each 1 MW of solar project capacity contracted. The ESS component may either be owned by the developer or tied-up separately with a third-party for the supply of power.