Uma Gupta
IREDA, IIFCL team up to finance renewable energy projects
Indian Renewable Energy Development Agency Ltd (IREDA) and India Infrastructure Finance Co. Ltd (IIFCL) will engage in co-lending and loan syndication for all categories of renewable energy projects.
Global flow battery market to grow at 22.8% annually
The global flow battery market will expand from $289 million in 2023 to $805 million by 2028, driven by increasing investments in renewable energy and flow batteries’ advantages over conventional products.
Ghaziabad to be developed as Uttar Pradesh’s next solar city after Ayodhya
The city will meet 10% of its electricity requirements from solar power in four years.
Tata Power Renewable, Neosym sign PPA for 26 MW AC solar plant
Tata Power Renewable Energy Ltd will develop a 26 MW AC solar plant for consumption by Neosym Industry Ltd, a gray and S.G. iron casting manufacturer.
Ayana to develop 330 MW of renewable energy capacity for Hindalco
Ayana Renewable Power has signed an agreement with aluminum and copper manufacturer Hindalco for a round-the-clock supply of 100 MW RE power. It will develop 330 MW of solar and wind power generation capacity, backed with pumped hydro storage solutions from Greenko Energies, to supply carbon-free power to Hindalco.
Andhra Pradesh requires $10-15 billion to achieve green hydrogen capacity of 500 ktpa by 2030
Andhra Pradesh requires an estimated $10-15 billion to achieve 500 ktpa green hydrogen capacity by 2030. Around 70% of this investment will be needed to create renewable energy infrastructure such as solar and wind power generation plants, with the balance for electrolyzer capacity additions.
NTPC seeks 1.6 GW of bifacial PV modules for Gujarat solar project
NTPC Renewable Energy Ltd (NTPC REL) has invited bids to supply 1,584.6 MWp of DCR-compliant, crystalline silicon bifacial PV modules for its 1,255 MW Khavda Solar Project.
NTPC, OIL sign MoU for renewable energy and green hydrogen
NTPC and Oil India Ltd have signed a Memorandum of Understanding to explore collaboration in renewable energy, green hydrogen and other areas as they eye increased footprint in the renewable energy domain.
India expected to add a record 4 GW of rooftop solar in fiscal 2024
Despite major roadblocks, rooftop solar capacity additions in the country are growing fast, with nearly 2 GW already added in the four months ending July 31, 2023.
Tata Power Renewable Energy signs 28.12 MW AC solar offtake agreement with Sanyo Special Steel
Tata Power Renewable Energy Ltd will set up a 28.125 MW AC (39.375 MW DC) solar plant in Maharashtra for consumption by Sanyo Special Steel Manufacturing India.
