Latest news with #TopCon
Time of India
01-07-2025
- Business
- Time of India
SAEL signs 400 MW solar PPA with PSPCL at ₹2.97/kWh, project to be commissioned in 24 months
New Delhi: SAEL Industries Ltd., through its subsidiary SAEL Solar P15 Private Limited, has signed a Power Purchase Agreement (PPA) with Punjab State Power Corporation Limited ( PSPCL ) for a 400 MW (AC) solar photovoltaic power project. The agreement, signed at a tariff of ₹2.97 per kilowatt-hour (kWh), is for a tenure of 25 years. The project will be located within Punjab and is expected to become fully operational within 24 months from the signing date. 'This agreement with PSPCL reinforces our commitment to delivering sustainable energy solutions at scale. Punjab has immense potential for solar development, and we are excited to contribute to the state's green energy ambitions while also generating economic and social value for the region,' said Laxit Awla, CEO of SAEL Industries Ltd. SAEL currently operates 59 MW of installed solar IPP capacity within Punjab. It has developed and operates a floating solar installation at Dhanas Lake in Chandigarh and a canal-top solar project in Patiala. The company is also running over 60 MW of agri waste-to-energy projects in Punjab that convert paddy straw into power. These projects are part of the broader initiative to reduce stubble burning in the state. 'SAEL, with its Agri waste-to-energy plants and solar projects is actively contributing to Punjab's RE transition,' added Awla. Punjab aims to expand its renewable energy portfolio in line with India's national target of achieving 40% non-fossil fuel-based generation capacity by 2030. SAEL has also established a 300 MW module assembly plant in Ferozepur, producing bi-facial TopCon solar modules, which supports the local energy manufacturing ecosystem.
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Business Standard
24-06-2025
- Business
- Business Standard
Emmvee bags ₹1,500 cr order from KPI Green Energy for solar module supply
Emmvee on Tuesday said it has bagged an order worth nearly Rs 1,500 crore from KPI Green Energy to supply TopCon bifacial solar modules for an upcoming project in Gujarat. Modules will be manufactured at Emmvee's facilities in Dabaspet and Sulibele, Karnataka, and deployed for an upcoming solar project in Gujarat, a company statement said. According to the statement, Emmvee, one of the leading Indian solar module and cell manufacturers, has bagged a nearly Rs 1,500 crore order from KPI Green Energy Ltd, part of the KP Group, to supply high-efficiency TopCon bifacial solar modules. The continued association reflects the market's confidence in Emmvee's technological leadership and delivery excellence, the statement said. "This new order from KPI Green Energy underscores our commitment to quality, strong execution capabilities, and the relationship capital we've built with long-standing partners in the industry," said Manjunatha DV, founder and Managing Director, Emmvee. This large-scale order strengthens Emmvee's role as a trusted partner in India's clean energy transition. Building on its long-standing collaboration with KPI Green Energy since 2021, this new order reflects the brand reputation, market confidence, and trust that Emmvee enjoys in the sector. Faruk G Patel, Chairman and Managing Director of KPI Green Energy, said: "Our ongoing partnership with Emmvee is built on trust, performance, and a shared vision for a greener India. Their consistent quality and execution make them a vital ally in our sustainable energy journey". With a module production capacity of approximately 7.8 GWp and cell production capacity of about 2.94 GWp, Emmvee continues to expand its presence domestically and globally, strengthening India's position as a clean energy manufacturing hub. Headquartered in Bengaluru, Emmvee serves customers across Asia, Europe, Africa, and North America.
Time of India
24-06-2025
- Business
- Time of India
Emmvee secures ₹1,500 crore solar module order from KPI Green Energy
New Delhi: Emmvee, a domestic solar module and cell manufacturer, has received an order worth nearly ₹1,500 crore from KPI Green Energy Ltd., part of the KP Group, for the supply of high-efficiency TopCon bifacial solar modules . The modules will be manufactured at Emmvee's facilities located in Dabaspet and Sulibele in Karnataka and will be deployed for an upcoming solar project in Gujarat . 'This new order from KPI Green Energy underscores our commitment to quality, strong execution capabilities, and the relationship capital we've built with long-standing partners in the industry,' said Manjunatha D.V., Founder and Managing Director, Emmvee. According to the company, Emmvee has a module production capacity of approximately 7.8 GWp and a cell production capacity of approximately 2.94 GWp. Dr. Faruk G. Patel, Chairman and Managing Director of KPI Green Energy, said, 'Our ongoing partnership with Emmvee is built on trust, performance, and a shared vision for a greener India. Their consistent quality and execution make them a vital ally in our sustainable energy journey.' The companies have been collaborating since 2021, and the new agreement further builds on their existing relationship. The deployment of the TopCon bifacial modules is part of KPI Green Energy's planned project in Gujarat.
Business Standard
10-06-2025
- Business
- Business Standard
TP Solar crosses 4 GW solar module manufacturing at its Tamil Nadu plant
TP Solar, a wholly owned subsidiary of Tata Power Renewable Energy (TPREL), a subsidiary of The Tata Power Company (Tata Power) and the manufacturing arm of Tata Power, today announced that it has crossed 4 GW solar module manufacturing at its Tamil Nadu plant. The plant has cumulatively produced 4049 MW of solar modules and 1441 MW of solar cells upto May 31, 2025. With a strategic focus on scaling up production, TP Solar is targeting 3.7 GW of solar cell output and 3.725 GW of module production in FY26, further solidifying its commitment to supporting India's clean energy transition. Strategically built to comply with Domestic Content Requirement (DCR) norms, the facility is equipped to manufacture next-generation Mono PERC (Passivated Emitter and Rear Cell) and advanced TopCon (Tunnel Oxide Passivated Contact) modules using cutting-edge automated and AI-driven technologies. The ramp-up aligns with Tata Power's goal to strengthen India's solar supply chain resilience by reducing dependency on imports and enabling faster deployment of clean energy projects nationwide. The facility is already supplying panels to meet Tata Power's order book requirementsincluding utility-scale solar farms, hybrid energy parks and distributed rooftop systems as well as serving marquee third-party installations across the country. With its rated capacity of 4.3 GW expected to be fully realized in FY26, the plant would continue to support the nation's target of achieving 500 GW of non-fossil fuel capacity by 2030. TPREL also has a 682MW solar module and a 530MW solar cell plant at Bengaluru, which operates at full capacity to support the DCR Cells and Modules production.
Time of India
10-06-2025
- Business
- Time of India
TP Solar crosses 4 GW module output, sets 3.7 GW solar cell target for FY26
New Delhi: TP Solar Limited, a wholly owned subsidiary of Tata Power Renewable Energy Limited (TPREL), has said that it has achieved a cumulative solar module output of 4,049 MW and solar cell production of 1,441 MW at its Tamil Nadu facility as of May 31, 2025. The plant, built in compliance with Domestic Content Requirement ( DCR ) norms, is equipped to manufacture Mono PERC (Passivated Emitter and Rear Cell) and TopCon ( Tunnel Oxide Passivated Contact ) modules using automated and AI-driven technologies. According to the company, TP Solar is targeting 3.7 GW of solar cell output and 3.725 GW of solar module production for FY26. The Tamil Nadu plant's rated capacity of 4.3 GW is expected to be fully realised in FY26. The facility is supplying modules for Tata Power's order book, including utility-scale solar farms, hybrid energy parks, and distributed rooftop systems, in addition to third-party installations across the country. TPREL also operates a 682 MW solar module and a 530 MW solar cell plant in Bengaluru, which is functioning at full capacity to support DCR-based production. TP Solar stated that the ramp-up aligns with Tata Power's broader strategy to strengthen solar supply chain resilience and contribute to India's 2030 target of 500 GW non-fossil fuel capacity.
