Business Economy


Nextracker achieves 10 GW Solar Tracker milestone in India

Hyderabad, May 28 (UNI) Nextracker, a global leader in advanced solar energy solutions, on Wednesday announced that it has surpassed 10 gigawatts (GW) of solar tracker deployments in India—a major milestone reinforcing its market leadership and the country’s accelerating solar adoption.
Nextracker is expanding its footprint with a new 80,000 sq. ft. office and research and development (R&D) facility in Hyderabad, reinforcing its long-term commitment serving customers throughout the region and India’s clean energy future, the company said in a release here..
With 1.8 GW of projects added in the last quarter alone, Nextracker’s India portfolio now totals over 10 GW, underscoring strong momentum in solar adoption.
Recent project wins include a 305 MW project with ReNew in Anantapur (Andhra Pradesh), along with 1.5 GW of projects through partnerships with key EPCs (engineering, procurement, and construction companies) across the country—highlighting Nextracker’s expanding presence in India’s high-growth solar regions.
Speaking on the partnership with Nextracker for the Anantapur project, Sanjay Varghese, Group President – Solar Projects & Manufacturing, ReNew, said, “As we continue to expand our footprint in renewable energy, such collaborations help in driving project efficiency and contributing to the sector’s broader goals.”
To further strengthen its presence in the world’s third-largest solar power market, Nextracker inaugurated its largest office outside the United States. The new Hyderabad hub integrates R&D, testing, and workforce development under one roof, featuring a 13-acre Center for Solar Excellence (CFSE) cutting-edge R&D and testing laboratory. Supported by a USD $1 million investment, the CFSE is dedicated to advancing local solar technology and training in India..
Building on its existing workforce of over 400 employees in India, Nextracker is accelerating its hiring efforts across engineering, manufacturing, and customer support. The Hyderabad facility will also focus on skill development initiatives to nurture local expertise in advanced solar technology and project execution.
Under the ‘Make in India’ initiative, 95 percent of Nextracker’s tracker components used in India are manufactured domestically. This localization supports supply chain resilience, energy security, and technology localization, enabling Indian solar developers to access industry-leading, climate-resilient solutions tailored to the country’s unique energy landscape and conditions.
Rajeev Kashyap, Senior Vice President and Managing Director, Nextracker (Middle East, Africa, and India) said, “With 10 GW of projects commissioned or under delivery, we are equipping developers with best-in-class technology optimized for the country’s diverse needs, while investing in local talent, infrastructure, and innovation to meet the country’s renewable energy goals.”
“Nextracker’s investment in advanced manufacturing is not only a significant milestone for the company, but also an important moment for India’s broader renewable energy ecosystem,” said Subrahmanyam Pulipaka, CEO, National Solar Energy Federation of India (NSEFI).
“At NSEFI, we believe India’s next phase of solar growth will be driven by innovation, resilience, and self-reliance,” Pulipaka added.
UNI KNR GNK
More News

ADVISORY : Story withdrawn

07 Jun 2025 | 10:49 PM

EDS: File nos DC 11 and 12 - Zee5 unveils new brand identity, is being withdrawn, on the request of the company. They will issue a new release later.

see more..

Atria Renewabic launches rooftop solar campaign

07 Jun 2025 | 8:25 PM

Bengaluru, June 7 (UNI) Atria Renewabic, a frontrunner in India's renewable energy sector, on Saturday launched a unique community-centric rooftop solar campaign aimed at accelerating solar adoption in Bengaluru’s residential neighbourhoods.

see more..

Lupin gets tentative approval from U S FDA for Oxcarbazepine ER Tablets

07 Jun 2025 | 8:16 PM

Hyderabad, June 7 (UNI) Global pharma major Lupin Limited (Lupin) announced on Saturday that it has received tentative approval from the United States Food and Drug Administration (U.S. FDA) for its Abbreviated New Drug Application for Oxcarbazepine Extended-Release (ER) Tablets, 150 mg, 300 mg, and 600 mg.
This product would be manufactured at Lupin’s Nagpur facility in India, the Pharma company said in
a release.

see more..

G Square Group announces mega township project in Coimbatore

07 Jun 2025 | 8:14 PM

Hyderabad, June 7 (UNI) G Square Group, a leading South Indian real estate developer, on
Saturday announced G Square Seven Hills, an expansive township project in Coimbatore.

see more..

Aditya Birla Jewellery opens its outlet in Patna

07 Jun 2025 | 7:27 PM

Patna, June 07 (UNI) Indriya, the jewellery brand from the Aditya Birla Group, has launched its second outlet in Patna, reflecting the city’s growing appreciation for craftsmanship and exquisite design.

see more..