SJVN Green Energy Ltd (SGEL) is accepting bids to develop 1,352 MW of grid-connected, ground-mounted PV projects under Component C of the PM-KUSUM Scheme.
The solar project will supply 40% of the electricity requirements for an industrial manufacturing facility in Rajasthan.
NTPC’s 1.2 GW solar auction has attracted the lowest tariff of INR 2.55/kWh from oil and gas major Bharat Petroleum, which secured 150 MW of project capacity.
Ashoka Buildcon, HPCL, NHPC, NTPC Green, SJVN, Sun Petrochemicals and Surya International are among companies that have signed memorandum of understanding with the state government for investment in renewable energy
Sterling and Wilson Renewable Energy has secured the contract for engineering, supply (except PV modules) and construction of a 500 MW (AC) solar PV plant in Gujarat. The contract includes comprehensive operation and maintenance support for three years
Solarium Green Energy, a solar EPC solutions provider, is set to open for public subscription. The proceeds from the public issue will be used to meet the company’s working capital requirements and to address general corporate purposes.
Madhya Pradesh chief minister Mohan Yadav also dedicated 880 MW Agar and Neemuch solar projects built at a cost of INR 3,520 crore in Agar-Malwa district.
Battery energy storage systems significantly improve the reliability of microgrid power supply, offering a dependable source of electricity for critical services like healthcare facilities and schools.
Lending to renewable energy projects in India in 2023 increased 63% year-on-year to INR 30,255 crore ($3,663 million). Out of the total, 49% went to solar projects.
ABB has agreed to purchase Gamesa’s power electronics and storage business, which produces doubly fed induction generator (DFIG) wind converters, industrial battery energy storage systems (BESS), and utility-scale solar inverters.
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