A new report says India will require INR 5.5-6 trillion to create 115-125 GW of renewable energy capacity and INR 3-3.5 trillion to meet 35-40 GW of electrolyzers requirement in order to reach green hydrogen production capacity of 5 MMT per annum by 2030.
Telecommunications Consultants India (TCIL) has issued an expression of interest to select an EPC partner for a 25 MW solar plant in Mauritius. Bidding closes on April 28.
Bengaluru-based Log9 Materials has launched the production of li-ion battery cells from its factory in Bengaluru. The facility will produce lithium-titanium-oxide (LTO) and lithium ferro-phosphate (LFP) chemistry cells with significantly improved energy densities.
The state-run oil and gas company will build 240 MW of renewable power generation capacity with an investment of INR 1,600 crore this fiscal. The capacity will purportedly supply power for its refineries.
Solar power generators have until May 24 to bid for supplying the power from their proposed or under-construction PV projects under a 25-year PPA.
GH2 Solar has secured the EPC contract for a green hydrogen microgrid in Leh district of Ladakh. The project will be built at a very high altitude of 3,200 meters.
Oriana Power has commissioned an 800 kW AC/1 MW DC floating solar power plant for JK Lakshmi Cement’s arm Udaipur Cement Works. The plant is located in Udaipur Cement Works’ Daroli Mines in Udaipur.
International Finance Corp. (IFC) has subscribed to IndiGrid’s listed, non-convertible debentures aggregating to INR 1,140 crore (($138.84 million).
The developer said the funds raised would go towards refinancing its existing dollar debt and funding various growth initiatives.
Avaada Energy has won a 200 MW (DC) solar project for supplying solar power to Gujarat Urja Vikas Nigam Ltd at a tariff of INR 2.75 ($0.033)/kWh.
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