Vibrant Energy has secured over INR 2,200 crore ($268.55 million) from Power Finance Corp. (PFC) to build 300 MW (AC) of wind-solar projects in Madhya Pradesh and Karnataka.
Waaree Renewable Technologies has secured a 221.8 MW DC solar project from a steel manufacturing company. It will execute the project on a turnkey basis.
The structured bidding trajectory will provide sufficient time to renewable energy developers to plan their finances, develop business plans and manage the supply chain more efficiently, said power minister R.K. Singh.
Set to commence production shortly, the CO2-to-methanol plant is being established at NTPC’s existing thermal power station in Vindhyachal, Madhya Pradesh. It will convert 20 tonnes-per-day (tpd) of CO2 to 10 tpd methanol through a catalytic hydrogenation process, utilizing CO2 from thermal plant flue gas through a carbon capture unit and green hydrogen produced by electrolysis.
IndiGrid has installed and commissioned a pilot project of solar panel bank coupled with battery energy storage systems (BESS) at its Dhule Substation in Maharashtra.
The solar plant in Dhule would supply power to air separation units operated by INOX Air Products in Maharashtra.
China’s DAH Solar has developed a turnkey solar system with a plug-in connection for residential applications. The kit can reach a maximum size of 2,279 mm × 1,134 mm × 32mm and weighs up to 59.8 kg.
Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) is accepting bids to develop grid-connected solar power plants in sizes of 0.5 MW to 2 MW on uncultivable land in Maharashtra. It will sign a 25-year power purchase agreement (PPA) with the successful bidders.
NTPC has tendered the bifacial PV module package for the Nokh solar project in the Indian state of Rajasthan. Only domestic manufacturers are eligible to bid. Bidding closes on April 25.
JMK Research analysts expect India to add 14 GW of new utility-scale solar capacity and 2.8 GW of rooftop (onsite) PV in the twelve months ending December 31, 2023.
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