NTPC to supply 1.3 GW of round-the-clock renewable power for Greenko’s green ammonia plant
NTPC Renewable Energy has signed the term sheet to supply 1.3 GW of round-the-clock renewable power for Greenko’s upcoming green ammonia plant at Kakinada in Andhra Pradesh.
India’s energy transition presents $25 billion annual investment potential: Avendus Capital
India attracted around $10 billion of annual investment in the renewable energy sector over the last five years. High economic growth and a stable commitment to decarbonization have drawn the attention of major organizations and investors from around the world.
India surpasses 64 GW of installed solar capacity: MNRE
Rajasthan, Gujarat and Karnataka account for over 50% of the cumulative installed solar capacity.
South Africa launches tender for floating, ground-mounted PV
The South African government is looking for independent power producers to build and operate floating or ground-mounted PV projects at selected government waterworks infrastructure or damns. The projects should be operational for 20 years.
ReNew repaid over $1 billion to offshore bondholders in FY2023
The amount repaid included the most recent amortization of $180 million this month.
IREDA touches new record in lending for renewable energy projects
Indian Renewable Energy Development Agency Ltd (IREDA) disbursed loans of INR 16,320 crore and sanctioned INR 32,578 crore for renewable energy projects, in FY 2022-23.
ISA, UNDP launch pilot projects on farmland solar in ten African member countries
International Solar Alliance (ISA) and United Nations Development Programme (UNDP) will implement the programme over the next two years, with the $2 million fund jointly secured by them.
L&T wins transmission project backing solar power evacuation from Rajasthan
Larsen & Toubro (L&T) has secured EPC orders for transmission lines backing renewable energy (RE) projects in Gujarat and Rajasthan.
BVG wins BOS package for 100 MW solar project in Punjab
Bharat Vikas Group (BVG) has won the balance-of-system package for SJVN Green Energy’s 100 MW (AC) grid-connected solar PV power project in Punjab. The total project value, including three-year operation and maintenance, is INR 116.29 crore.
4,995 MW of solar parks approved for Bundelkhand region
The Bundelkhand region in the Indian state of Uttar Pradesh is emerging as a solar hub with an aggregate solar park capacity of 4,995 MW approved so far by the government.
