Tata Power Renewable Energy Ltd has received the letter of award to build a 966 MW hybrid RE project (comprising 379 MW solar and 587 MW wind) for captive consumption by Tata Steel.
Arctech has signed tracker supply deals with Sterling & Wilson and Torrent Power for solar projects in Rajasthan and Gujarat, respectively.
India added 518 MW of new open-access solar capacity in the Jan.-March period of 2023, compared to 308 MW installed in the previous three months.
Industry body India Hydrogen Alliance has submitted a plan to the government to build five large national green hydrogen corporations with a collective enterprise value of $5 billion by 2030. The plan shows public finance support, in the form of CAPEX and offtake incentives for National Green H2 Hubs, is crucial for creating financially viable green hydrogen infrastructure, especially in the initial 2024-30 period.
Tata Power Renewable Energy will develop a solar project for captive consumption by Princeton Digital’s data center in Mumbai, Maharashtra. The project will be located in the Nanded district.
Serentica Renewables has placed orders with renewable energy solutions providers like Amara Raja Power Systems, Envision, EverRenew, Jinko Solar, Rays Power, Sterling & Wilson, Siemens Gamesa, and Trina Solar.
The Gujarat-based developer has secured the letter of intent from Anupam Rasayan India to build a 40 MW wind-solar hybrid project for captive consumption.
ReNew Energy Global posted a net loss of $61 million for FY 2022-23, compared to $196 million for FY 2021-22.
A British research team has investigated the technical feasibility of an air conditioning unit powered exclusively by solar-plus-storage and has found that two 130 Ah batteries charged by two 400 W solar panels are capable of supporting the system during the night.
Bangladesh has introduced tax exemptions to reduce water production costs and promote the use of solar power in 19 coastal districts. This initiative comes in response to grid electricity shortages caused by a decline in coal and fuel imports. The goal is to enhance reliance on solar-powered water desalination in these areas.
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