Solar News

NTPC Issues Tender To Develop 2GW of Pumped Hydro Energy Storage Projects

NTPC Renewable Energy Limited (NREL) has issued a tender seeking bids from eligible bidders to develop Pumped Hydro Energy Storage projects upto 2000 Megawatt (MW). The tender document said that these projects could be located in any part of the country.  NREL has mulled developing such projects with a 25-year design life which can give six hours […]

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Haryana Issues Tender To Solarise Its Govt Buildings With RTS

The Haryana Renewable Energy Development Agency (HREDA) has now issued a tender to solarise its government buildings with solar rooftops for a period of 25 years. The tender mandated the bidders to supply solar power by commissioning grid-connected rooftop solar power plants on the rooftops of government buildings across the state.  HREDA, through the tender, asked the […]

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SVOLT Expands Global Footprint with Battery Module and Pack Plant in Thailand

SVOLT, the battery cell manufacturer that emerged from the Chinese carmaker Great Wall, has begun setting up a plant in Thailand for the assembly of battery modules and packs for electric and hybrid cars. Completion is scheduled for this year. The firm has begun the construction of a module and pack factory at Sri Racha […]

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UK’s First-Ever Bankable, Unsubsidized Solar & Storage Project in the Offing

DIF Capital Partners, a global independent fund manager and Pexapark, an advisory firm specializing in renewable energy, have now partnered to make UK’s first-ever bankable and unsubsidized solar and storage project. A Power Purchase Agreement (PPA) for ten years in this regard has already been signed. As per the mandate, the two firms would help […]

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Sterlite Power Scores New Orders Worth INR 1400 Crores

Sterlite Power, a power transmission developer and solutions provider, has secured multiple new orders worth INR 1400 crores across its solutions business that caters to products and specialized EPC, during the last quarter of FY 2023. These new orders, which were won across domestic and international markets, have strengthened the firm’s total order book for […]

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Nio Partners WeLion to Integrate Semi-Solid-State Batteries in 150 kWh Battery Pack

Nio has updated its user manuals, incorporating detailed specifications of the solid-state pack supplied by WeLion. WeLion delivered its first semi-solid-state battery cells to Nio, an electric car manufacturer in China. Nio plans to incorporate these cells into its 150 kWh battery pack and aims to start delivering electric vehicles equipped with this advanced battery […]

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Module Prices Near Bottom, As Cell Prices See First Hike In Months

Solar Module prices from China, which dictate prices around the world, finally seem close to a bottom for now, after a relentless fall in 2023.  The earliest indicators come in the form of solar cell prices, which saw a weekly increase of 1.5% to 2% this week This happened even as mono grade Polysilicon prices, […]

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Minda Corporation Bags INR 750 Cr Contract for Battery Chargers for EVs

The flagship firm of Spark Minda, a maker of auto parts, Minda Corporation Ltd, has won a contract worth INR 750 crore from a leading OEM. The contract will require it to produce battery chargers for the electric vehicles for the OEM, the name of which has not been disclosed. The Executive Director of Minda […]

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REIL Issues Tender for Implementation of 50 MW Solar Power Plants

Rajasthan Electronics and Instruments Limited has issued a tender for the implementation of 50 MWp grid connected rooftop and small ground mounted solar power plants for Government buildings in different states/ Union Territories of India under RESCO Model. The last date for online submission of bids is July 28, 2023. The last date for offline […]

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