Axis Energy, Juniper Green Energy, ReNew and Acme have emerged winners in NTPC’s auction for 1.5 GW of interstate transmission grid connected wind-solar hybrid projects. The average price discovered is INR 3.30 ($0.040)/kWh.
JSW Neo Energy had secured 700 MW solar capacity through tariff-based competitive bid in SECI auction for setting up 1.5 GW of ISTS-connected PV projects.
NTPC has invited bids to set up a pilot project for 200 MWh of thermal energy storage system integrated with a thermal power plant to supply 15 MW of additional electrical power.
SJVN Green Energy Ltd (SGEL) has received the Letter of Intent (LoI) to develop a 500 MW solar project, on a build-own-operate basis, at GIPCL Solar Park in the Khavda region of Gujarat.
Green Climate Fund (GCF) has approved a $24.5 million investment in Avaana Capital’s Climate and Sustainability Fund for technology-driven climate solutions.
Hartek Group has appointed Sanjay Kumar as the new chief executive officer (CEO) for the Power and Infra Renewable Business. Sanjeev Gupta, the previous CEO, has been elevated to Executive Director, Technical. He now joins the Board of Directors.
Maharashtra State Power Generation Co. Ltd. (MSPGCL) has tendered the EPC package with land for 600 MW(AC) of grid-connected ground-mounted solar PV projects.
Solar manufacturers now have until March 26 to bid for domestic manufacturing and supply of solar modules with made-in-India PV cells.
Presently, the combined solar capacity installed by leading coal companies stands at around 1.7 GW, supplemented by an additional 51 MW from wind mills.
The winning developers will set up renewable energy projects backed with energy storage system to supply firm and dispatchable RE power in a demand-following manner.
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