NTPC Vidyut Vyapar Nigam Ltd (NVVN)’s tender for 1,000 MWh (500 MW x 2 hours) of standalone battery energy storage systems (BESS) with viability gap funding in Rajasthan has resulted in winning prices ranging from INR 2.16 lakh/MW/month to INR 2.19 lakh/MW/month.
The 250 MW solar project has been operating for 18 months and achieved annual capacity utilization factor (CUF) of 29.3% in FY 2025.
Waaree Renewable Technologies Ltd has signed a non-binding Memorandum of Understanding (MoU) with Viet Khanh Joint Stock Company to execute a 100 MWp solar PV power project on a turnkey engineering, procurement, and construction (EPC) basis in Vietnam.
Attero will invest INR 100 crore to expand its rare earth element (REE) recycling capacity from the current 300 tonnes to 30,000 tonnes annually over the next 12 to 24 months.
“Construction activities are actively ongoing, and contracts for the Odisha [solar manufacturing] facility have been duly awarded and are being executed as planned,” said Dr. Amit Paithankar, CEO and Whole-time Director of Waaree Energies.
Waaree Energies board of directors has approved a change in the location of its 6 GW ingot-to-solar module manufacturing project from Odisha to multiple sites across Gujarat, Maharashtra, and other potential states.
ACME Solar has signed a 25-year power purchase agreement with NHPC Ltd for its 250 MW Firm and Dispatchable Renewable Energy (FDRE) project in Rajasthan.
The Solar Energy Corp. of India Ltd (SECI) has issued a tender for the development of 1.2 GW of interstate transmission system (ISTS)-connected solar power projects, integrated with 600 MW/3600 MWh of energy storage systems (ESS), on a build-own-operate (BOO) basis. Bidding will close on August 20.
The Hydrogen Association of India (HAI) and the Spanish Hydrogen Association (AeH2) have signed a Memorandum of Understanding (MoU) to foster cooperation and collaboration in the field of green hydrogen.
Hindustan Power has secured a Letter of Intent from Bihar State Power Generation Co. Ltd to develop a 120 MWh standalone battery energy storage system across three critical grid substations in Bihar.
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