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Odisha Approves Rs 92 Billion Investment in Solar Manufacturing Facilities

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The Odisha government has approved proposals from Grew Energy, Saatvik Solar, Jakson Engineers, and Jupiter Renewables to establish solar cell and module manufacturing facilities, totalling an investment of over Rs 92 billion. Grew Energy: Plans to invest Rs 45.3 billion in Ganjam to set up an ingot-to-solar module facility. Saatvik Solar Industries: Intends to invest Rs 13.67 billion in a solar factory in Khurda. Jakson Engineers: Aims to invest Rs 13.54 billion for a similar…

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MNRE increases solar module capacity under ALMM by 2.09 GW

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The Ministry of New and Renewable Energy (MNRE) has expanded the Approved List of Models and Manufacturers (ALMM) by adding 2,094 MW of solar module capacity, bringing the total capacity to 58,422 MW.  Major additions include SAEL Solar P6 with 2,065 MW and Grew Energy with 29 MW. Meanwhile, ITI, Jyotitech Solar, SunField Energy, and Suryakamal Energy have been removed from the list. New entrants on the provisional list include Ganesh Green Bharat with 131…