India Solar PV News Snippets: Premier Energies Lands Multiple Solar Cell & Module Orders & More
Source：taiyangnews
Premier Energies has secured several orders for its solar cells and modules. (Illustrative Photo; Photo Credit: DC Studio/Shutterstock.com)
Multiple orders for Premier Energies: Premier Energies Limited has secured multiple orders for its solar cells and modules whose supply will commence in May 2025. Several of the company’s subsidiaries, namely Premier Energies Global Environment Private Limited, Premier Energies International Private Limited, and Premier Energies Photovoltaic Private Limited landed these orders from 2 large independent power producers (IPP) and others. These orders include INR 1,041 crore for solar modules, and INR 419 crore for solar cells, combined INR 1,460 crore. The company is collaborating with Heliene of Canada for a TOPCon solar cell factory in the US. At the REI 2024 in Noida, Premier Energies shared with TaiyangNews that the company’s production capacity stood at 2 GW for cells and 3.36 GW for modules based on mono-PERC technology. In December 2024, the company announced a 1 GW TOPCon solar module manufacturing factory in Telangana (see India Solar PV News Snippets: Premier Energies’ 1 GW TOPCon Factory In Telangana & More).
AGEL seeks 32% CAGR growth in its renewable energy portfolio by 2030. (Photo Credit: Adani Green Energy Limited)
Adani’s RE capacity increases: Adani Green Energy Limited (AGEL) says its total operational renewable energy generation capacity has increased to 11.66 GW. This was a result of its step-down subsidiary Adani Renewable Energy Forty Eight Limited commissioning a 57.2 MW wind power component of its wind-solar hybrid project at Khavda in Gujarat on January 15, 2025. The total operational capacity comprises 67% solar, 15% wind and 18% hybrid projects. By 2030, it targets to achieve a 50 GW renewable energy portfolio with a share of 71% solar, 13% wind, 5% hybrid and 11% pumped storage projects, representing a compound annual growth rate (CAGR) of 32% over 9M FY25.
Financing for Maharashtra solar park: Indian IPP Sunsure Energy has raised INR 416.35 crore in long-term debt financing from Aseem Infrastructure Finance for a 150 MW solar power plant. The company is executing the project in Maharashtra through multiple special-purpose vehicles. One of the phases is already operational. The entire project is expected to be completed by March 2025. It is contracted under long-term power purchase agreements (PPA) with Sandoz and Bharat Forge Ltd.
MNRE guidelines for rooftop solar scheme: The Ministry of New and Renewable Energy (MNRE) has issued operational guidelines for the implementation of various components under the PM-Surya Ghar: Muft Bijli Yojana. It has notified scheme guidelines for the implementation of the payment security mechanism component and central financial assistance (CFA) component for RESCO models/utility led aggregation models. Under the renewable energy service company or RESCO model, 3rd parties invest in rooftop solar installations while the consumers pay only for the electricity consumed. Under the utility-led aggregation (ULA) model, discoms or state-designated entities will install rooftop solar projects on behalf of individual residential sector households. These are in addition to the existing mode of implementation undertaken by consumers under CapEx mode through the national portal. The ministry says these alternative models will supplement the national portal-based implementation of the scheme. Announced in February 2024, this scheme is targeted to help install 30 GW of rooftop PV capacity in the country.
J&K project for Hartek Group: India’s Hartek Group has announced landing the complete solar EPC contract for what it says is the largest solar power plant in Jammu & Kashmir (J&K). The 8 MW contract has been awarded by Kandhari Beverages Private Limited which is one of the largest bottling plants of Hindustan Coca-Cola. The million units a year generated by this project are expected to lower the factory’s energy expenses. This is Hartek’s 3rd solar project award from Kandhari Beverages amounting to 14 MW.
Jinko ESS project: Chinese solar PV manufacturer JinkoSolar’s energy storage system (ESS) arm Jinko ESS has secured a contract to install its SunTera G2 5 MWh systems for India’s textile industry. The C&I ESS project with 10 MWh capacity will be installed in Thenmugam Vellode in Ulagapuram in Tamil Nadu’s Erode. Jinko ESS says this is the company’s maiden contract in India for its SunTera G2 system, and also one of the country’s 1st large-scale energy storage projects in the textile sector. It will be integrated with the client Ocean Textile’s existing PV system to address PV energy curtailment and optimize renewable energy utilization. It will also enable Ocean to achieve greater energy efficiency in its operations, according to Jinko ESS.