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ReNew Power signs PPAs for 2 GW

NASDAQ-listed ReNew Power has signed power purchase agreements for 1.5 GW of new utility-scale PV capacity in Rajasthan. It will also build around 0.5 GW of renewables for corporate customers.

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Shell to acquire Sprng Energy

Shell has signed the agreement to acquire Solenergi Power, an Actis company owning 100% of Indian developer Sprng Energy. The transaction, valued at $1.55 billion, is expected to close later this year.

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Tata Power, NAREDCO sign 5,000 EV charging point deal

Tata Power has signed an agreement to set up 5,000 electric vehicle (EV) charging points across National Real Estate Development Council’s member properties in Maharashtra.

Uttar Pradesh opens 1.2 GW Jalaun Solar Park to developers

Bundelkhand Saur Urja Limited (BSUL) has invited proposals to develop grid-connected solar power projects in the Jalaun Solar Park of Uttar Pradesh. May 18 is the deadline for submission.

Jakson Group wins O&M services for NTPC’s 260 MW solar plant

The Noida-headquartered energy company will provide three-year comprehensive operation and maintenance support for the 260 MW PV plant located at Bhadla Solar Park.

Energy Vault, NTPC sign MoU for gravity-based energy storage

Switzerland’s Energy Vault will support India’s state-run power producer NTPC in energy transition by deploying its gravity-based energy storage technology and software solutions.

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Azure Power to develop 1.7 GW of renewable energy projects in Karnataka

The NYSE-listed Indian solar developer has signed an Expression of Interest (EoI) with the Karnataka government to establish 1.7 GW of solar, wind, and hybrid renewable energy capacity in the state.

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CubicPV, Waaree sign five-year deal for annual solar cell supply of 1 GW

USA-headquartered CubicPV will supply, per annum, 1 GW of Direct Wafer silicon solar cells to Indian manufacturer Waaree Energies under a five-year contract. The cells will be supplied from its upcoming 2 GW factory in India.

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Cleantech Solar commissions 625 kWp rooftop solar plant for Yachiyo India

The solar project was executed in just 59 days from the signing of the power purchase agreement (PPA) to commissioning.

India’s race to 175 GW renewables slowed by performance of key States

A new report finds Andhra Pradesh, Madhya Pradesh, Maharashtra, Tamil Nadu, and Uttar Pradesh account for two-thirds of India’s 65 GW shortfall on 175 GW renewable energy target as of March 2022.

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