IndiGrid signs agreement to acquire 300 MW (AC) solar assets from ReNew
IndiGrid has executed the share purchase agreement to acquire ReNew Solar Urja Pvt Ltd from ReNew Solar Power, which operates a 300 MW (AC) solar project in Rajasthan. The acquisition is to be done a total enterprise value of INR 1,650 crore ($199 million) including net working capital and cash.
Sunsure Energy to build 300 MW of solar, 200 MW wind power plants in Tamil Nadu
Sunsure Energy has signed a Memorandum of Understanding (MoU) with the Government of Tamil Nadu to develop 300 MW of solar and 200 MW wind power projects with a cumulative investment of INR 3,150 crore.
JSW Energy to set up 1 GW pumped storage project in Tamil Nadu
JSW Energy will expand its footprint in Tamil Nadu with a further investment of INR 12,000 crore in RE projects, including 1 GW of pumped storage and 1 GW of wind power generation.
Ola Electric’s lithium battery gigafab to become operational next month
Bhavish Aggarwal, chief executive officer of Ola Electric, announced their lithium battery cell gigafactory in Tamil Nadu will become operational next month.
China solar cell prices decline on sluggish downstream demand
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
JinkoSolar to give TOPCon patents to rivals in exchange for licensing fees
JinkoSolar is offering its n-type tunnel oxide passivated contact (TOPCon) patents to competitors to encourage technological development and prevent legal conflicts.
NTPC wraps up 1.5 GW solar tender with $0.031/kWh tariff
Solarpack (Anboto Solar), Apraava Energy, Avaada and ReNew have emerged winners in NTPC’s 1.5 GW solar PV auction.
Emmvee to supply 300 MWp of solar modules to KPI Green Energy
Emmvee Photovoltaic will supply 300 MWp of bifacial mono PERC panels for KPI Green Energy’s solar park in the Khavda village of Gujarat.
Juniper Green signs INR 8,000 crore MoU for 1 GW wind, solar projects in Gujarat
Juniper Green Energy has signed an agreement with the state government of Gujarat to establish 1 GW of wind and solar projects in Gujarat with an investment of INR 8,000 crore ($961.75 million).
NIIF appoints Actis’ Sanjiv Aggarwal as CEO and MD
Sanjiv Aggarwal, who has worked with sustainable infrastructure investor Actis, has joined National Investment and Infrastructure Fund Ltd (NIIFL) as chief executive officer and managing director.
