Adani Green Energy Ltd has operationalized the first 551 MW solar capacity of the planned 30 GW renewable energy park at Khavda, Gujarat, by supplying power to the national grid.
Siemens Ltd has reported strong double-digit profitable revenue growth across businesses for the first quarter of financial year 2024 ended Dec. 31, 2023.
Canada-based microinverter company SPARQ Systems has entered into a partnership agreement with JioThings, a fully owned subsidiary of Jio Platforms Ltd. of Reliance Industries, to supply the Indian conglomerate with PV microinverters.
The ALMM mandate reimposed from April 1, 2024 provides relief for solar developers with advanced progress in development and with expected commissioning post-March 31, 2024. It also allows exemption for open access-based and captive solar projects, enabling these projects to source modules from the most cost-competitive sources.
Hartek Power has secured the contract to develop, implement, and maintain a 75 MW (AC) grid-connected solar PV power plant along with a 132 kV sub-station in the Jamui district of Bihar. The project is worth INR 113 crore.
Nextracker will supply its NX Horizon bifacial trackers for 1.5 GW DC and 375 MW DC projects at NTPC Renewable Energy Ltd’s solar park in Khavda, Gujarat. These projects are being executed by Sterling & Wilson Renewable Energy on EPC basis.
The solar manufacturer will utilize the net proceeds to expand its PV panel capacity from 450 MW to 1.2 GW and establish an aluminium frame manufacturing unit, besides meeting working capital expenses.
This is Apraava’s third transmission project win within the last 12 months. The project involves setting up 40 km of 765 kV double-circuit transmission lines and a 3,000 MVA substation.
Mahindra Susten will develop the project on a build-own-operate basis and supply power to SJVN under a 25-year power purchase agreement.
Gensol Engineering Ltd and and Matrix Gas & Renewables Ltd have won government incentives for electrolyzer manufacturing capacity of 63 MW per annum.
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