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Serentica Renewables secures additional $250 million from KKR

US investor KKR’s latest investment builds on its $400 million commitment to Serentica Renewables last year.

Navitas Solar ramping up PV panel capacity to 1.7 GW

Indian manufacturer Navitas Solar is ramping up its PV panel capacity to 1.7 GW per year by adding a new 1.2 GW manufacturing facility. The new facility can produce M10 and G12 mono PERC and TOPCon modules.

SECI wraps up 1.2 GW hybrid wind-solar tender with INR 4.64-4.73/kWh tariff

Solar Energy Corp. of India has published the winners of 1.2 GW of hybrid wind-solar projects, paired with energy storage for assured peak power supply. The lowest tariff awarded was INR 4.64 ($0.057)/kWh.

NTPC secures 500 MW round-the-clock renewable power supply project

NTPC Renewable Energy has secured a 500 MW round-the-clock renewable power supply project from REMCL, a joint venture of the Ministry of Railways and RITES Ltd

Oil India seeks battery storage system for field installations

Oil India intends to deploy battery energy storage systems (BESS) alongside gas engine-driven generators in its field installations. With this arrangement, it will run the generator during the daytime only (while charging the BESS) and draw power from the charged BESS for the night hours.

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DLF raises 26.43% stake in solar plant for self-consumption

DLF Cyber City Developers has agreed to acquire a 26.43% stake in Suncloud Solar, a special purpose vehicle of Cleantech Solar India, for INR 8.41 crore. Suncloud Solar will set up a solar plant for captive consumption by DLF Cyber City Developers.

Jakson unveils lithium battery inverter for residential applications

The 3 kW battery energy storage system with a 3 kW hybrid inverter and a 4.8 kWh, 48V lithium-ion battery module can be scaled to MW scale depending on the power backup requirement. 

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Amp Energy secures a second solar project from L&T Metro Rail (Hyderabad)

Amp Energy India’s total solar project capacity for L&T Metro Rail (Hyderabad) has reached 11.8 MWp with the award of a second project of 4 MW. 

BHEL to make electrolyzers

Bharat Heavy Electricals Ltd is seeking a business consultant to realize potential opportunities in electrolyzer manufacturing and the green hydrogen value chain.

Strong policy focus needed to drive pumped storage development

Despite being a mature and largely indigenous technology, pumped storage hydropower’s operational capacity in India remains very low at 3.3 GW because of the high development costs and inherent challenges in constructing these schemes.

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