India’s Reliance Industries sees the response to climate change as a huge opportunity to create value through a new energy and materials business. The company aims to set up a fully integrated, end-to-end renewable energy ecosystem.
Rajasthan (8,644 MW), Karnataka (7,483 MW), and Gujarat (6,052 MW) lead in solar installations.
Berkeley Lab report finds historic lows in clean energy prices position India to transform electric system
West Bengal Power Development Corporation Ltd has invited bids to install and commission floating solar plants on water ponds of thermal power stations in the Birbhum, Purulia and Murshidabad districts. Bidding closes on January 24.
With 7.4 GW of new solar already installed in the first nine months, the year 2021 is headed to become one of the best years on record for new solar installation in India.
The State is now self-sufficient in power generation with 22 GW of electricity produced per day from sources including water, coal, wind, and sun.
The acquisition is in line with Virescent’s strategy to acquire operational renewable energy assets that have stable long-term cashflows with government counterparties across India.
An analysis by the CEEW Centre for Energy Finance reveals that India’s renewable energy sector has made significant progress on the back of policies that have helped mitigate several risks for solar and wind project investors.
The debt finance from U.S. International Development Finance Corporation will support the thin-film solar manufacturer’s 3 GW/ annum module manufacturing facility coming up in Tamil Nadu.
The Bengaluru-based renewable energy developer has commissioned part capacity of its 300 MW solar project in Bikaner.
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