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solar capacity

GUVNL Awards 250 MW Solar Tender With Greenshoe Option At ₹2.60/kWh

GUVNL has recently concluded its 250 MW solar auction with a greenshoe option. These projects were awarded to three winners: Welspun Renewable Energy, Avaada Energy, and SAEL Industries. GUVNL issued the tender for this project in January 2025, and the results were announced within a record time of two months. As per the tender announcements, […]

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SECI Issues 2.7 MW Floating Solar Tender With BESS In Lakshadweep

Soon after announcing plans to develop grid-connected Floating Solar PV (FSPV) projects at the beginning of 2025, SECI has now released a tender to build such projects in Lakshadweep. These projects will be located in two locations within the union territory —Agatti and Kavaratti—and include an optional Battery Energy Storage System (BESS). SECI has set […]

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India’s Surge In Tendered Capacity Of RE Projects faces Multiple Risks

India’s two consecutive years of record renewable energy tendering capacity has placed the country on a record capacity addition trajectory. With tenders equaling 73 GW  in 2024 versus 58 GW in 2023, the numbers have surpassed even the central government’s own targets of 50 GW per year. These are among some of the findings of […]

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Vikram Solar To Manufacture Solid-State Cell Batteries

Indian solar module manufacturer Vikram Solar has now planned to set up a 1GWh fully integrated Solid-state Cell and Battery manufacturing facility with proprietary Battery Management System (BMS) technology. This facility, initially designed to scale up to 5 GWh, is expected to cater to the growing energy demands of a rapidly evolving global market. “This […]

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SMA Solar Rocked By Losses In 2024

German solar inverter maker SMA Solar managed to meet 2024 sales projections, but at a high cost that saw it slip into losses for the Fy2024. Both sales and income in 2024 fell over 2023 as a result of what the company termed weakening demand in Europe besides inventory losses. That meant that on sales […]

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India’s Solar Cell Supplies To Trail Demand Till FY27, Finds Study

India has recently witnessed a surge in solar capacity additions, which is estimated to double to 30 GW in FY25, according to an SBI Caps report. This increase in capacity additions is expected to continue improving in FY26 and FY27, further accelerating module demand. The rooftop solar sector is also anticipated to see significant growth, […]

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Lakshadweep Opens Bids For Hybrid Rooftop Solar Project

The Lakshadweep Administration, Union Territory (UT) Kavaratti Electricity Department has invited online bids to develop hybrid rooftop solar power plants with Battery Energy Storage System (BESS).  The last date for bids submission is March 21st, 2025.  The selected bidder will be responsible for, “Supply, Installation, Testing, Commissioning and Operation and Maintenance of 2,107 kW Hybrid […]

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Grew Solar Plans To Enter Foreign Markets, Eyes Exports By CY25

Can you give an overview of the journey of Grew since its inception? GREW Solar has been strengthening its presence in India since its inception in 2022. The first production unit was set up at Dudu, close to Jaipur, Rajasthan, which has been successfully operating for almost 2 years now. Recently, the company has a […]

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JSW Energy Adds 159 MW Wind Power, Total Capacity At 2.8 GW

Mumbai-based JSW Energy has added 159 MW of new wind power capacity this quarter, bringing its total operational capacity to 8,400 MW. This expansion comes ahead of the wind season and can help meet the rising energy demand during the upcoming peak period.  Following this addition, the company’s total operational wind capacity now stands at […]

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