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REC raises about INR 3,500 crore via Japanese Yen-denominated green bonds 

Proceeds from the issue of the bonds will be applied to finance the eligible green projects.

Indian Railways tenders 695 MW of round-the-clock power from renewable hybrids  

REMC Ltd, on behalf of the Ministry of Railways, has invited bids to supply 695 MW (500 MW + 195 MW) of round-the-clock (RTC) power from renewable energy projects, complemented with power from other sources or storage. Bidding closes on Feb. 14.

Grew Energy to invest INR 3,800 crore for 2.8 GW solar cell, wafer unit in Gujarat 

Grew Energy has signed a memorandum of understanding worth INR 3,800 crore for setting up a 2.8 GW solar cell and wafer factory in Gujarat. Under the MoU, the state government of Gujarat will facilitate permissions and clearances for Grew’s manufacturing unit. 

Engie commits INR 17,200 crore investment in Gujarat

Engie will invest INR 17,200 crore towards the development of 2.5 GW of renewable energy projects by 2030 in Gujarat. It will also collaborate with the Gujarat government for decarbonization initiatives in the state.

Mahindra Susten receives ‘Water Positive Certification’ for operating solar portfolio

As per TUV India’s evaluation, Mahindra Susten’s operating renewable energy portfolio of more than 1.5 GW commands a score of 15 (Positive) on the Water Footprint Index implying that water recharged is 15 times over what was consumed.

Huasun’s 700W+ HJT solar modules receive BIS certification

Huasun’s Himalaya G12-132 HJT solar module provides a power output of 750 W and a conversion efficiency of 24.16%.

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Reliance’ green energy giga complex will be ready for commissioning this year, Adani announces further investment in Gujarat

Reliance Industries and Adani Group, which have made big investments in creating an integrated renewable energy ecosystem in Gujarat, announced their further plans for the state at the 10th Vibrant Gujarat Global Summit.

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Tata to start construction of 20 GWh lithium battery plant in Gujarat

Tata Group is about to start the construction of a 20 GWh lithium-ion battery plant in the Sanad city of Gujarat.

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Apraava Energy secures 250 MW solar power project in Rajasthan

Apraava Energy has secured a 250 MW interstate transmission system (ISTS) connected solar energy project from National Hydroelectric Power Corp. (NHPC). The project, located in Rajasthan,  will supply power under a 25-year power purchase agreement with NHPC.

SECI allocates 900 MW wind-solar hybrid power projects at average price of $0.038/kWh

NTPC Renewable Energy, Green Infra Wind Energy, and Juniper Green Energy have emerged winners in SECI’s 2 GW wind-solar hybrid tender. The three developers have been allocated a cumulative 900 MW capacity at an average price of INR 3.19 ($0.038)/kWh.

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