Mahindra Group’s renewables arm Mahindra Susten will develop a 150 MW hybrid wind-solar project for offtake by commercial and industrial (C&I) customers. The total project cost is about INR 1,200 crore.
British International Investment (BII) and Dutch bank FMO have committed a $50 million joint loan facility to support BECIS to grow its rooftop solar portfolio in India and South-East Asia to nearly 350 MW by 2025.
India’s ruling party Bharatiya Janata Party (BJP) has vowed continued focus on renewables, energy storage and electric mobility with a view to achieving energy independence for the nation by 2047.
The demand-supply gap for skilled workers in solar and green hydrogen sectors is a significant challenge for India’s transition towards a sustainable future. However, by prioritizing comprehensive skilling initiatives and fostering strong collaborations between the government, educational institutions, and industry stakeholders, the nation can effectively bridge this gap and unlock the full potential of its renewable energy and sustainability ambitions.
ReNew surpassed a cumulative installed renewables capacity of 10 GW as on March 31, 2024. Out of this, the company added 1.94 GW of RE assets (1,174 MW of solar and 768 MW of wind energy) in FY 2023-24.
The order book comprises solar EPC projects (including Scorpius Trackers) worth INR 1,448 crore and EV Leasing solutions worth INR 335 crore.
India’s cumulative solar PV installations hit 75.58 GW at the end of February, according to the latest figures from the Ministry of New and Renewable Energy (MNRE).
Solar is poised to be the leading energy source in the next century. In terms of cost, renewables are almost at par with their dirtier counterparts, and within a few years will soon overtake them in terms of the volume of the overall worldwide energy produced.
The state of Punjab has a potential for around 871 GWp of agrivoltaics. It is followed by Haryana (700 GWp) and Rajasthan (592 GWp).
Huawei says its new, all-in-one storage solution for residential PV comes in three versions with one, two, or three battery modules, offering 6.9 kWh to 20.7 kWh of usable energy. The the Luna2000-7/14/21-S1 system also includes an inverter, an optimizer, and an energy management system.
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