Uma Gupta
Ola Electric invests in Israeli EV battery specialist StoreDot
The Indian electric mobility player, which plans gigawatt-scale battery cell manufacturing, has embraced Israel-based StoreDot’s extreme-fast battery technology that charges from 0 to 100% in just five minutes.
Adani Green raises US$ 288 million for under-construction renewable energy projects
The developer shall use the senior debt facility to initially finance its 450MW hybrid portfolio of solar and wind renewable projects in the Indian state of Rajasthan.
Maharashtra tenders floating solar and hydroelectric power plant
Renewable energy developers have until April 25 to lodge interest in developing a hybrid facility combining 1.5MW of hydroelectric generation capacity and 100MW of floating solar and the successful bidder will secure a 25-year power purchase agreement.
India and Japan to cooperate on solar power, clean hydrogen and electric vehicles
Under their clean energy partnership, both countries also agreed to cooperate in the disposal, recycling, and reclamation of valuable materials from batteries, solar panels, turbine blades, and electronics.
Virescent Renewable Energy Trust completes the acquisition of 50MW operating solar asset from Godawari Green Energy
The 50MW concentrated solar power plant, located in the state of Rajasthan, was commissioned in June 2013 and benefits from a 25-year power purchase agreement with NTPC Vidyut Vyapar Nigam.
World’s largest solar tree record smashed
With a PV panel surface area of 309.83m2 the construction has been officially certified by Guinness World Records as the biggest.
NLC tenders EPC work for 100MW solar
Bidders have until April 8 to lodge their interest in setting up a 100MW (AC) interstate transmission system (ISTS) connected solar power project anywhere in India.
Fortum wins 200MW solar project in Gujarat
The solar project shall benefit from a 25-year power purchase agreement (PPA) with the state discom Gujarat Urja Vikas Nigam Limited at a fixed tariff of INR 2.29/kWh.
India installed 1.2GW of open-access solar in 2021
With that, the nation surpassed a cumulative 5GW of “open-access” solar generation capacity by the end of December.
AP High Court order upholding the sanctity of solar PPAs a positive news but timely implementation remains critical, says ICRA
In the matter of power purchase agreement (PPA) tariff renegotiation, the high court of Andhra Pradesh has directed the state discoms to honor the PPA terms and clear the pending payments to solar and wind power developers within six weeks from the date of the order. The incremental impact on power purchase cost for the AP discoms is estimated at about INR 10,500 crore, due to the build-up of dues arising out of the difference between the PPA rate and interim rate over the last three-year period.
