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Alpex Solar to Double Module Capacity to 2.4 GW at Mathura Plant Insight

Last Update 04 September 2024

Alpex Solar plans to expand its photovoltaic module capacity to 2.4 GW at its new Mathura plant. The company is also exploring Solar Cell manufacturing to enhance integration and profitability. Funded by IPO proceeds, Alpex's ongoing projects include expanding Solar Module Capacity and establishing an Aluminium frame unit. Additionally, they are acquiring more land for future plant development.

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JSW Neo Energy Limited’s recent award of a 400 MW Wind-Solar Hybrid Power Project from Maharashtra State Electricity Distribution Company Limited (MSEDCL) marks a significant advancement in its renewable energy strategy. This project highlights a shift towards more integrated and reliable energy solutions by combining wind and solar power. Solar energy is most effective during the day, while wind energy often peaks at night or on cloudy days, making this hybrid system more reliable and cost-efficient by reducing the need for expensive storage solutions and lowering operational costs. In terms of domestic solar manufacturing, this expansion underscores the importance of linking local production with advanced energy technologies. By investing in hybrid systems and increasing domestic solar manufacturing, JSW Neo Energy supports local job creation and technological progress. For rural areas where diesel costs are high, these hybrid systems provide a more affordable energy alternative, cutting fuel expenses and ensuring a stable power supply for essential services like irrigation. This approach also strengthens the domestic solar manufacturing industry by driving demand for locally produced solar panels and components, thus further advancing the growth of India’s renewable energy sector.

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2023

BIS Unveils New Standards to Boost Electric Vehicle Safety and Quality

Foundation laid for 630 MW solar project in MP's Chhatarpur district.

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