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					</table><a href="https://www.mercomindia.com/top-solar-epc-companies-1h-2024" target="_blank" rel="noopener">Tata Power Solar, Jakson Green, Ashoka Buildcon, Gensol Engineering, and InSolare Energy emerged as the top</a> utility-scale solar engineering, procurement, and construction (EPC) service providers in the first half (1H) of the calendar year 2024, according to Mercom’s recently released India Solar Market Leaderboard 1H 2024.
<a href="https://www.mercomindia.com/cea-approves-uniform-protection-protocol-for-power-grid-stability" target="_blank" rel="noopener">The Central Electricity Authority (CEA) has approved the Uniform Protection Protocol to ensure grid stability, reliability</a>, and security and safely integrate 450 GW of renewable energy by 2030 and 2,100 GW by 2047. The National Power Committee, in consultation with the Regional Power Committee, prepared the Uniform Protection Protocol.
<a href="https://www.mercomindia.com/environmental-clearance-procedure-solar-wind-projects" target="_blank" rel="noopener">The Ministry of Environment, Forests, and Climate Change has exempted solar module manufacturing units, solar power projects</a>, wind power projects, and mini hydel power projects less than 25 MW from obtaining both Environmental Clearance (EC) and Consent to Establish (CTE). Under the notification, projects with an EC will no longer need to obtain a CTE or Consent to Operate, reducing the compliance burden and eliminating duplication of approvals.
<a href="https://www.mercomindia.com/railways-invite-bids-for-systems-in-katihar-division" target="_blank" rel="noopener">The Katihar Division of the North East Frontier Railway has issued two tenders to install a cumulative capacity of 3.4 MW rooftop</a> solar systems across railway stations, level crossing gates, service buildings, and residential buildings. The tenders are divided into two capacities: one for 1.75 MW and another for 1.718 MW. The last date for the submission of bids is December 9, 2024. The estimated value of each tender is ₹90.7 million (~$1.07 million).
<a href="https://www.mercomindia.com/north-east-frontier-railway-tenders-2-5-mw-rooftop-solar-systems" target="_blank" rel="noopener">The Lumding Division (Electrical) of the North East Frontier Railway has invited bids for the provision of 2.5 MW rooftop solar systems</a> at various buildings, service stations, and parking areas in Guwahati. The last date to submit the bids is December 6. The bids will be opened on the same day. Bidders must furnish an earnest money deposit (EMD) of ₹859,300 (~$10,182). The advertised value of the tender is ₹142 million (~$1.68 million). The project must be completed in 180.
<a href="https://www.mercomindia.com/north-east-frontier-railway-tenders-3-2-mw-rooftop-solar-systems-in-guwahati" target="_blank" rel="noopener">The Lumding Division (Electrical) of the North East Frontier Railway has issued two tenders for the provision of cumulative 3.2 MW</a> rooftop solar systems at various buildings, service stations, staff quarters, and parking areas in Guwahati. The last date to submit the bids is December 6, 2024. The project must be completed in 180 days. The scope of work for both tenders includes designing and supplying on-grid solar systems without battery backup. The successful bidder must supply 545 Wp or above solar modules using IEC-certified monocrystalline cells.
<a href="https://www.mercomindia.com/acme-secures-37-billion-loan-from-rec" target="_blank" rel="noopener">ACME Sun Power, a wholly owned subsidiary of ACME Solar Holdings, has secured a ₹37.53 billion (~$444.68 million) loan from REC</a> Limited to develop 320 MW Firm and Dispatchable Renewable Energy projects in collaboration with SJVN. The project is located in high-resource potential regions, with the solar capacity situated in Jaisalmer, Rajasthan, and wind power generation at Bhuj and Jam Khambhaliya in Gujarat. A Power Purchase Agreement  has been signed with SJVN, and the project&#8217;s grid connectivity is already in place. The land acquisition process is at an advanced stage.
<a href="https://www.mercomindia.com/global-clean-energy-sector-added-1-5-million-jobs-in-2023-iea-report" target="_blank" rel="noopener">Energy job growth was fuelled by record levels of investment across a wide range of energy sources in the wake of the global energy crisis.</a> Job growth in clean energy sectors increased by 1.5 million in 2023, bringing total energy employment to 34.8 million jobs, according to the International Energy Agency’s World Energy Employment 2024 report. Clean power jobs accounted for 40% of all energy job growth in 2023. Clean energy job growth represents over 10% of economy-wide job growth in China and 4-6% in advanced economies.
<a href="https://www.mercomindia.com/china-slash-export-tax-rebates-solar" target="_blank" rel="noopener">China has announced it will lower the export tax rebate rate for solar photovoltaic products and batteries from 13% to 9% starting</a> December 1, 2024. It also eliminates export tax rebates for aluminum and copper. The announcement was jointly made by China’s Ministry of Finance and the State Taxation Administration. This taxation intervention addresses global concerns over overcapacity in its renewable energy sector, a factor contributing to escalating trade tensions.
<a href="https://www.mercomindia.com/dubai-utility-issues-consultancy-tender-for-1-6-gw-solar-project-with-1-gw-bess" target="_blank" rel="noopener">Dubai Electricity and Water Authority (DEWA) has invited bids for advisory services to develop a 1,600 MW solar photovoltaic project integrated</a> with a 1,000 MW Battery Energy Storage System (BESS). The BESS will deliver six hours of energy storage capacity. Bids must be submitted by December 17, 2024. The project is in line with DEWA’s broader initiatives, including a 250 MW pumped-storage plant in Hatta and energy storage within its flagship Mohammed bin Rashid Al Maktoum Solar Park, which combines PV and concentrated solar power technologies.
<a href="https://www.mercomindia.com/from-fossil-fuels-to-renewables-the-middle-easts-role-in-global-energy-transition" target="_blank" rel="noopener">The global energy sector is undergoing transformative technological, social, and economic shifts, a reality emphasized during the Abu</a> Dhabi International Petroleum Exhibition and Conference. This month, the world’s largest energy gathering brought together over 200,000 participants in Abu Dhabi, highlighting the critical changes reshaping the industry. While there is much to celebrate with the energy sector’s ongoing progress, from breakthrough innovations to increased investment, the event spotlighted emerging trends that position nearly everyone as a stakeholder in the future of energy and demand immediate attention.

Daily News Wrap-Up: Top Solar EPC Companies in 1H 2024

The Indian Renewable Energy Development Agency (<a href="https://www.ireda.in/home">IREDA</a>)’s tender for setting up manufacturing capacities for vertically-integrated high-efficiency solar modules under the production-linked incentive (PLI) program received a strong response from the bidders.
The tender was oversubscribed by 5.48 times, according to Mercom sources.
The bidders quoted a total capacity of 54.8 GW for polysilicon, ingot-wafer, cell, and module manufacturing.
<a href="https://mercomindia.com/wp-content/uploads/2021/09/Tentative-Bidders-List-for-IREDAs-Tender-for-Setting-up-Manufacturing-Capacities-for-Vertically-Integrated-High-Efficiency-Solar-Modules-Under-the-Production-Linked-Incentive-Program.png"><img loading="lazy" decoding="async" class="size-full wp-image-29223 aligncenter" src="https://mercomindia.com/wp-content/uploads/2021/09/Tentative-Bidders-List-for-IREDAs-Tender-for-Setting-up-Manufacturing-Capacities-for-Vertically-Integrated-High-Efficiency-Solar-Modules-Under-the-Production-Linked-Incentive-Program.png" alt="" width="565" height="535" srcset="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2021/09/Tentative-Bidders-List-for-IREDAs-Tender-for-Setting-up-Manufacturing-Capacities-for-Vertically-Integrated-High-Efficiency-Solar-Modules-Under-the-Production-Linked-Incentive-Program.png 565w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2021/09/Tentative-Bidders-List-for-IREDAs-Tender-for-Setting-up-Manufacturing-Capacities-for-Vertically-Integrated-High-Efficiency-Solar-Modules-Under-the-Production-Linked-Incentive-Program-300x284.png 300w" sizes="(max-width: 565px) 100vw, 565px" /></a>
For a complete vertically integrated facility including polysilicon, ingot-wafer, cell, and module manufacturing, the bidders quoted 19 GW capacity. Reliance New Energy, Adani Infrastructure, Jindal India Solar, and Shirdi Sai Electrical accounted for 4 GW each. First Solar India bid 3 GW capacity.
The bidders quoted 15 GW for ingot-wafer, cell, and module manufacturing capacity. Of this, Coal India, Larsen and Turbo, and ReNew Power bid for 3 GW each. CubicPV (formed by the merger of 1366 Technologies and Hunt Perovskite Technologies) bid 1 GW capacity.
For solar cell and module manufacturing, the bidders quoted 22.8 GW of capacity. Of this, Tata Power Solar and Waree Energies accounted for 4 GW capacity each. Vikram Solar and Avaada Energy quoted 3.6 GW and 3 GW capacity, respectively. Acme Solar, Premier Energies, and Megha Engineering bid for 2 GW each. Jupiter Solar and Emmvee PV quoted 1.2 GW and 1 GW capacity, respectively.
IREDA <a href="https://mercomindia.com/ireda-invites-bids-to-set-up-solar-module-manufacturing-capacities-under-pli-program/" target="_blank" rel="noopener">invited</a> bids to set up 10 GW of high-efficiency solar module manufacturing capacities. The tender followed the Union Cabinet’s approval to <a href="https://mercomindia.com/guidelines-for-solar-pli-program-4-gw-manufacturing-capacity-gets-priority-allocation/" target="_blank" rel="noopener">implement</a> the PLI program to achieve gigawatt-scale solar module manufacturing capacity with an outlay of ₹45 billion (~$605 million).
In November last year, the Union government <a href="https://mercomindia.com/india-gets-incentive-plan/" target="_blank" rel="noopener">said</a> it would allocate ₹1.45 trillion (~$19.65) billion for ten critical sectors over the next five years under the PLI program. The sectors include high-efficiency solar photovoltaic modules, advanced chemistry cell batteries, and automobiles and auto components.
India <a href="https://mercomindia.com/solarforum2021/agenda/" target="_blank" rel="noopener">targets</a> 100 GW of solar installations by 2022 and has a longer-term target of deploying 450 GW of renewables, with Solar making up 280 GW of that goal. Cumulative solar installations stand at 43 GW, requiring solar to be installed at a rate of approximately 26 GW a year until 2030. However, solar capacity additions heavily depend on imported solar cells and modules. The domestic manufacturing capacity is about 2.5 GW for cells and 9-10 GW for modules.
Mercom is hosting a virtual conference, “Mercom Solar Forum 2021,” on October 21. The Forum has an exclusive session, “<a href="https://mercomindia.com/solarforum2021/agenda/" target="_blank" rel="noopener">Moving Towards a Domestic Manufacturing Base With Sustainable Demand</a>.” The discussion will revolve around the feasibility of the domestic manufacturing initiative, market opportunity, and the plans of stakeholders to establish a market within the country and export opportunities. Companies with manufacturing plans will talk about the growth forecast and investments.

IREDA’s 10 GW Solar Module Manufacturing Tender Receives Strong Response

<a href="http://www.tatapowersolar.com/" target="_blank" rel="noopener">Tata Power Solar</a> and <a href="http://www.huawei.com/en/" target="_blank" rel="noopener">Huawei Technologies</a> have entered into new supplier and partnership agreements with <a href="https://betterenergy.dk/" target="_blank" rel="noopener">Better Energy</a>, a Danish company, to develop 1 GW of solar in by 2020.
&#8220;Better Energy is evaluating new development and project opportunities of over 2GWh. To achieve this, it requires strong partners to work towards common goals,&#8221; stated Mikkel Dau Jacobsen, managing partner responsible for Procurement and Technology at Better Energy.
Better Energy was on the lookout for a collaborator in module production. &#8220;We quickly found common ground and many synergies with Tata, which also goes beyond supply of solar modules. They have a lot of experience in the field of engineering, procurement, and engineering, and they have a unique knowledge of new markets that complement our own,&#8221; added Mikkel Dau Jacobsen.
The partnership with Better Energy increases Tata Power Solar&#8217;s presence in the European market. “It is a privilege to have partnered with Better Energy and to have the opportunity to deliver world-class solar solutions to European solar projects. The partnership is testament to our ability to deliver high quality products and quality, which has been our forte for the last 27 years. We are convinced that our close cooperation, value proposition and product quality will pave the way for further business opportunities,” said Ashish Khanna, Executive Director and CEO of Tata Power Solar.
Best Energy was biding its time to strengthen partnership with Huawei. &#8220;We have used Huawei inverters for a while now. It is state-of-the-art technology and an impressive amount of technical special features for the award. The inverters work great, but in addition they also have a very special technical design that fits the hose in the way we build facilities in Denmark,” said Mikkel Dau Jacobsen.
&#8220;Better Energy is an important partner for Huawei FusionSolar. The cooperation between us is one step further towards spreading solar cell technology and improving human well-being. Huawei is also a customer-oriented company and we will therefore work with Better Energy to achieve their goals for a win-win future through advanced technology and continued innovation,” said Alison Finch, Marketing Director at Huawei FusionSolar Europe.
Partnership agreements are about finding basic, common principles, interests, values, as well as taking the time it takes to understand each other&#8217;s goals and motivation. It is the only way to achieve real strength and impact.
Image credit: Better Energy

Better Energy Teams up with Tata Power Solar and Huawei Technologies for 1 GW of Solar

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