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Tata Power Solar to set up 300 MW project for NLC India

Tata Power Solar Systems has secured the Letter of Award (LoA) to build the 300 MW solar project on an EPC basis in Rajasthan.

NTPC to supply 1.3 GW of round-the-clock renewable power for Greenko’s green ammonia plant

NTPC Renewable Energy has signed the term sheet to supply 1.3 GW of round-the-clock renewable power for Greenko’s upcoming green ammonia plant at Kakinada in Andhra Pradesh.

India’s energy transition presents $25 billion annual investment potential: Avendus Capital 

India attracted around $10 billion of annual investment in the renewable energy sector over the last five years. High economic growth and a stable commitment to decarbonization have drawn the attention of major organizations and investors from around the world. 

India surpasses 64 GW of installed solar capacity: MNRE

Rajasthan, Gujarat and Karnataka account for over 50% of the cumulative installed solar capacity.

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ReNew repaid over $1 billion to offshore bondholders in FY2023 

The amount repaid included the most recent amortization of $180 million this month.

Indosol, Reliance win production-linked incentives for poly-to-module manufacturing

Eleven companies have emerged winners in the second round of production-linked incentive scheme for high-efficiency solar modules. Out of these, Indosol, Reliance, and First Solar have won incentives for fully integrated manufacturing capacities. 

IREDA touches new record in lending for renewable energy projects

Indian Renewable Energy Development Agency Ltd (IREDA) disbursed loans of INR 16,320 crore and sanctioned INR 32,578 crore for renewable energy projects, in FY 2022-23.

Gentari signs 5,000 commercial EV supply pact with Tata Motors

Gentari, a Vehicle-as-a-Service (VaaS) provider, has signed pacts with Tata Motors, MoEVing, and Gati to strengthen its fleet of electric cargo vehicles.

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ISA, UNDP launch pilot projects on farmland solar in ten African member countries

International Solar Alliance (ISA) and United Nations Development Programme (UNDP) will implement the programme over the next two years, with the $2 million fund jointly secured by them.

L&T wins transmission project backing solar power evacuation from Rajasthan

Larsen & Toubro (L&T) has secured EPC orders for transmission lines backing renewable energy (RE) projects in Gujarat and Rajasthan. 

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