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