The 70 MW wind-solar hybrid plant in Gujarat will supply clean electricity to corporate clients in New Delhi and Hyderabad.
The 400 MW wind-solar plant, located in Gujarat, is purportedly India’s largest single hybrid project for offtake by the commercial and industrial (C&I) sector.
JSW Energy targets to become a 20 GW power generation company along with 40 GWh/5 GW of energy storage by 2030. It is also investing in solar manufacturing and green hydrogen production.
The Noida-based commercial and industrial solar developer will use the proceeds for working capital, ‘Resco mode’ project capex, and technology upgradation requirements.
Large capacity addition in solar modules by 15-20 players is likely to drive domestic solar glass demand, say CRISIL analysts in an interview with pv magazine. New players have expressed interest to set up solar glass manufacturing in India, however, import duty removal last year on solar tempered glass has put them in a wait and watch mode.
Saatvik Green Energy will build the 12 MW rooftop solar project for a steel conglomerate in Orissa. It will use 545 Wp mono PERC panels for the plant spanning 25,522 sq.m.
India will install around 20-25 GW of new renewable energy capacity annually over the next two fiscals, driven by a healthy project pipeline and a strong bidding roadmap. The decline in solar module prices and one-year relaxation for the approved list of module manufacturers (ALMM) bode well for the capacity addition.
European Investment Bank (EIB) Vice-President Kris Peeters will confirm a EUR 1 billion loan for India’s National Green Hydrogen Mission on his four-day business visit to India this week.
NTPC Renewable Energy Ltd has invited bids to install and commission two solar projects of 100 MW each at GSECL Solar Park in Khavda. The supply of PV modules also falls under the bidder’s scope.
The Indian steel giant, along with the UK government, has opened a call for innovative projects in low-carbon hydrogen to decarbonize the industrial sector. Two selected projects will be awarded £80,000 (INR 83 lakh) and provided priority access to Tata Steel’s integrated steel plant.
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