With these additions, Genus Power Infrastructures’ total order book, including all special purpose vehicles and the GIC Platform, stands at about INR 28,000 crore (net of taxes).
Ciel & Terre India and Amplus KN One Power have completed a 4.096 MWp floating solar installation for captive consumption by UltraTech Cement’s Awarpur unit in Maharashtra.
If battery energy storage costs fall 15% every year on an average, it would enable India to potentially limit its coal capacity to the 14th National Electricity Plan projection of 260 GW by 2032, says a new report by global think tank Ember and TERI.
A new report by the International Energy Agency’s Photovoltaics Power Systems Programme (IEA-PVPS) says that existing PV systems have the technical capabilities to provide various frequency-related grid services.
Global Energy Alliance for People and Planet (GEAPP) has completed detailed project report for the solar power plants to be installed on the vacant land along the Bundelkhand Expressway.
Software can boost production and mitigate risks
Avaada Group is also setting up 2.19 GW of pumped storage projects in Sonbhadra and Mirzapur districts, along with around 1 GW of solar power projects in Jalaun, Chitrakoot, and Lalitpur districts of Uttar Pradesh, with an investment of around INR 20,000 crore.
ONGC, India’s largest crude oil and natural gas company, is accepting bids to set up 1 GW of co-located wind-solar hybrid power projects (500 MW solar plus 500 MW wind) for its captive consumption. Bidding closes on Oct. 23.
British International Investment and Norfund will invest in IndiGrid’s three inter-state transmission system projects currently under-construction. These projects are expected to support evacuation of 6 GW of renewable energy in the states of Madhya Pradesh and Maharashtra. Techno will co-develop two of these projects.
The Board of Investments of the Philippines has granted a green lane certificate to a solar project that is being touted as the largest in the world to date. The accreditation will facilitate easier approval and processing of permits.
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