NTPC Renewable Energy Limited has signed a power purchase agreement with Indian Railways, Madhya Pradesh Power Management Company Limited (MPPMCL), and Rewa Ultra Mega Solar Limited (RUMSL).
The private-sector power producer will group its renewable energy business under wholly-owned arm JSW Neo Energy as it targets growth in renewable energy generation, energy storage, and green hydrogen business.
CleanMax will supply 4.85 MW power from its wind-solar hybrid park in Rajkot, Gujarat, allowing the passenger car maker’s Halol production facility to meet 50% of its electricity requirement.
Data analytics and digital process support in solar plant operation and maintenance delivers unmatched improvement in efficiency, while modern technology drives down development costs. It also helps service providers in ensuring sustained energy generation, long-term performance, and plant’s return on investment.
A report has stated the renewable-plus-fossil fuel model is the best short term option to meet the assured supply conditions in the Solar Energy Corporation of India’s round-the-clock power tenders. Further out, as the cost of batteries decline, that technology is likely to become the most viable option for providing critical, non-intermittent power.
The New Delhi-based solar products manufacturer will install and commission off-grid solar PV power plants in government office buildings in the Indian State of Uttar Pradesh.
The International Energy Agency predicts that India will record the world’s fastest growth in energy consumption from buildings through 2040. The energy demand could create a big market for solar installers and equipment providers, particularly in the commercial and industrial sector. While building codes now include provisions for renewable energy integration, effective implementation will be key to ensuring compliance.
The Haryana-based solar technology startup has announced it has deployed rooftop solar solutions for over 50,000 residential customers across India within four years of its operation.