Uma Gupta
ReNew, Gentari collaborate for 5 GW renewables capacity in India
ReNew and Gentari will form a 50:50 joint venture to develop renewable assets including solar, wind, and energy storage.
Israel’s Brenmiller signs MoU with Waaree Energies to deploy thermal energy storage projects in India
Brenmiller and Waaree will jointly explore, develop, and deploy solar-powered thermal energy storage projects in India.
Hero Future Energies signs $756 million MoUs with REC, PFC
Power Finance Corp. (PFC) and Rural Electrification Corp. (REC) will extend INR 3,100 crore (($378 million) each to support Hero Future Energies’ upcoming renewable energy projects.
NTPC launches 1.5 GW solar tender
NTPC has invited global bids to develop 1.5 GW of solar power projects anywhere in India. Bidding closes on August 29.
India installed 6.8 GW of solar in H1 2023
Capacity addition in the rooftop solar segment stood at 2,294 MW, which is higher than the yearly rooftop PV installations of 2022.
8.5 GW of solar parks completed under govt support scheme
Eleven solar parks aggregating 8.521 GW have been completed and seven solar parks totaling 3.985 GW partially completed under the Ministry of New and Renewable Energy’s scheme for “Development of Solar Parks and Ultra-Mega Solar Power Projects.”
L&T wins new orders for power transmission and distribution
Larsen & Toubro has secured contracts to implement advanced distribution SCADA and HVDC transmission lines.
Waaree Renewable reports improved revenue, profit in first quarter
Waaree Renewable Technologies recorded a revenue of INR 129 crore ($15.8 million) and a net profit of INR 11.1 crore in the April-to-June period of FY 2023-24.
Torrent Power launches public EV charging stations
The integrated power utility has collaborated with Siemens to develop the electric vehicle (EV) charging network. It has set up four EV charging stations in the Ahmedabad district of Gujarat initially and plans to cover more cities in the future.
Juniper Green Energy signs $611.24 million MoU with PFC
Juniper Green Energy will use the amount to fund its upcoming 1.2 GW of renewable energy projects.
