Adani Green Energy’s 100% operational portfolio to be water positive by FY 2025-26
Adani Green Energy (AGEL), with over 12.5 GW of operational renewable energy assets, has committed to achieving net water positivity across all its operational locations by 2025-26.
Scatec signs PPA for large-scale solar-plus-storage project in Egypt
Norway’s Scatec Asa has signed a 25-year power purchase agreement (PPA) with Egypt Aluminium for a 1.1 GW solar plant with 100 MW/200 MWh of battery energy storage. The agreement has been billed as Egypt’s first utility-scale PPA with an industrial offtaker.
JSW Neo Energy acquires Virya Infrapower
JSW Energy arm JSW Neo Energy has acquired Jaipur based renewable power producer Virya Infrapower for INR 7.54 crore.
Africa’s solar capacity forecast to double over next four years
A report from the Global Solar Council says Africa’s solar deployment is set to accelerate in the coming years, but stresses that mobilizing finance and strong regulatory frameworks will be required to attract investors.
India must aim for 600 GW of clean energy capacity by 2030: CEEW
A CEEW study says that if India’s power demand were to continue to outpace current projections, the nation must target 600 GW of non-fossil capacity by 2030 to meet the demand most reliably and affordably.
Swelect secures order for 150 MW of TOPCon solar modules
The company has also unlocked INR 260 crore to reinvest for 1 GW of solar power assets by 2026-27.
Successful solar companies sell more than solar
The move toward electrifying everything is a business opportunity, and many residential solar companies have been creative in adding solar to places other than home rooftops
India’s annual clean power auctions hit 59 GW in 2024
2024 marks the second consecutive year in which India more than doubled its annual renewable auction volumes, says a new report by BloombergNEF.
NTPC Group to invest INR 96,000 crore in Chhattisgarh
NTPC Ltd will invest in building 4.2 GW of nuclear, 1.2 GW of pumped storage and 2 GW of renewable energy projects in Chhattisgarh.
CERC adopts tariff for SECI’s 1.2 GW ISTS-connected solar PV power projects with energy storage systems
The tariff adoption by Central Electricity Regulatory Commission (CERC) is a critical regulatory requirement under the Electricity Act and power purchase agreements. It provides regulatory certainty to the entire bidding process and ensures the sanctity of the discovered tariff, paving the way for the successful bidders to proceed with project execution and financial closure.
