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EV sales to grow at slower-than-expected pace

Sales growth in India’s electric vehicle market will moderate to 75% per year over the next three years, as supply constraints drive up prices of key raw materials for batteries. 

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Amended Energy Conservation Bill to drive renewables adoption

The amended Energy Conservation Bill sets a minimum usage clause for non-fossil fuel by high carbon-emitting sectors such as power, transport, industry, and buildings. It also includes provisions to incentivize decarbonization efforts by allowing carbon trading.

Hygenco, Jindal Stainless sign India’s first long-term green hydrogen offtake agreement

Hygenco will build, own and operate a multi-megawatt green hydrogen facility for the long-term supply to Jindal Stainless Ltd, one of the largest stainless-steel conglomerates globally.

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NTPC’s 56 MW Kawas solar project now fully operational

NTPC has switched on its third solar project this month, following the completion of the 296 MW Fatehgarh and 250 MW Kolyat PV parks in Rajasthan.

Deepak Thakur joins Mahindra Susten as CEO

Deepak Thakur, the former chief of Sterling and Wilson’s hybrid and energy storage business, has joined Mahindra Group’s cleantech arm Mahindra Susten.

Gujarat opens bidding for 500 MW/1 GWh of standalone battery storage

Gujarat Urja Vikas Nigam Ltd. has started accepting bids to develop 1,000 MWh (500 MW x two hours) of grid-connected battery energy storage systems in Gujarat.

Greenko to develop 400 MW of wind, solar for Hindalco’s aluminum smelter

Renewables major Greenko will develop 375 MW to 400 MW of solar and wind capacity to power Hindalco’s aluminum smeltering operations in Odisha. It will back the renewables generation with hydro pump storage capacity in Andhra Pradesh to ensure 100 MW of round-the-clock supply to Hindalco.

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REC to showcase new Alpha Pure-R solar panels at REI

REC, a Norwegian solar panel specialist, will exhibit the latest module in its award-winning REC Alpha line at the Renewable Energy India (REI) exhibition in September. It will also join forces with its new owner, Reliance Industries Ltd., to recruit new talent for a planned solar gigafactory in India.

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JSW Energy to acquire 1.7 GW of operational renewables from Mytrah Energy

JSW Energy, a private-sector power producer, has revealed that its green energy arm has signed an agreement to acquire 1.33 GW of wind and 422 MW of solar assets from Mytrah Energy. The assets are spread across nine states in India.

Rays Power Infra switches on 150 MW solar plant in Karnataka

Rajasthan-headquartered Rays Power Infra has commissioned a 150 MW (DC) solar plant in Raichur and Koppal, Karnataka.

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