Mahindra Susten to set up 150 MW hybrid wind-solar plant
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.
UK investor, Dutch bank commit $50 million loan facility to C&I renewables developer BECIS
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 pledges renewables, manufacturing focus in its poll manifesto
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.
Bridging the skill demand-supply gap in solar and green hydrogen sectors
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.
Europe’s largest PV plant goes online
Hansainvest Real Assets has switched on Europe’s largest solar plant – a 605 MW installation in Saxony, Germany. The project spans 500 hectares and operates under a power purchase agreement (PPA) with Shell Energy Europe.
ReNew crosses 10 GW of gross renewable energy assets
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.
Juniper Green Energy switches on 105 MW of solar in Maharashtra
Juniper Green Energy commissioned the 105 MW solar power project in a record time, almost nine months ahead of the scheduled date. The project benefits from a 25-year power purchase agreement with Maharashtra State Electricity Distribution Co. Ltd (MSEDCL).
Gensol Engineering hits INR 1,783 crore order book
The order book comprises solar EPC projects (including Scorpius Trackers) worth INR 1,448 crore and EV Leasing solutions worth INR 335 crore.
Hartek wins 300 MW solar EPC contract in Rajasthan
Hartek has secured the contract to set up a 300 MW ground-mount solar PV power plant spread across 1,209 acres in Rajasthan.
India surpasses 75 GW of installed solar capacity
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).
