Daily News Wrap-Up: India’s Solar Module Manufacturing Capacity Reaches 64.5 GW

SJVN issues tender for 600 MW ISTS-connected wind projects

March 29, 2024


India added 20.8 GW of solar modules and 3.2 GW of solar cell capacity in the calendar year 2023, according to the recently released State of Solar PV Manufacturing in India 2024 Report by Mercom India Research. The country’s cumulative solar module manufacturing capacity reached 64.5 GW, and solar cell manufacturing capacity reached 5.8 GW as of December 2023. Of the installed module manufacturing capacity, about 60% was equipped to make modules in M10 and G12 wafer sizes.

SJVN, a joint venture between the government of India and the government of Himachal Pradesh, has invited bids from developers who can set up 600 MW inter-state transmission system-connected wind projects in India on a build-own-operate basis. The last date to submit the bids is May 15, 2024. As per the scope of work, bidders will set up ISTS-connected wind power projects, including the transmission network up to the interconnection or delivery point to supply wind power to SJVN.

SJVN has invited bids to select renewable energy developers to supply 600 MW firm and dispatchable power from inter-state transmission system (ISTS)-connected renewable energy projects with energy storage systems under tariff-based competitive bidding. The tender also has an additional 600 MW greenshoe option. The last day to submit the bids is May 28, 2024. Bids will be opened on June 3, 2024. Bidders must furnish a bid processing fee of ₹1.5 million (~$17,984) for each project. Bidders must submit an earnest money deposit (EMD) based on the total cumulative installed capacity they have committed.

Germany-based solar energy equipment supplier SMA Solar Technology reported a 79% jump in its 2023 revenue on the back of strong inverter sales. The company’s full-year revenue came at €1.9 billion from €1.1 billion last year. The topline growth was supported by a 68% jump in inverter output sold to 20.5 GW from 12.2 GW in 2022. The strong sales were underpinned by persistently high demand across all three of SMA’s business segments – Home Solutions, Commercial & Industrial Solutions, and Large Scale & Project Solutions.

Researchers at the U.S. Department of Energy’s Pacific Northwest National Laboratory have repurposed nitrogenous triphosphate or nitrilotri-methylphosphonic acid, which is commonly used in water treatment facilities, for large-scale battery energy storage. In the study published in the Nature Communications journal, the researchers said their lab-scale, iron-based battery exhibited remarkable cycling stability over 1,000 consecutive charging cycles while maintaining 98.7% of its maximum capacity.