BPCL to build 240 MW of solar, wind farms this fiscal
The state-run oil and gas company will build 240 MW of renewable power generation capacity with an investment of INR 1,600 crore this fiscal. The capacity will purportedly supply power for its refineries.
Haryana to procure 500 MW of solar power
Solar power generators have until May 24 to bid for supplying the power from their proposed or under-construction PV projects under a 25-year PPA.
IndiGrid raises $138.84 million debt finance from IFC
International Finance Corp. (IFC) has subscribed to IndiGrid’s listed, non-convertible debentures aggregating to INR 1,140 crore (($138.84 million).
ReNew raises $400 million via green bonds
The developer said the funds raised would go towards refinancing its existing dollar debt and funding various growth initiatives.
Avaada Energy wins 200 MW (DC) solar project with $0.033/kWh bid
Avaada Energy has won a 200 MW (DC) solar project for supplying solar power to Gujarat Urja Vikas Nigam Ltd at a tariff of INR 2.75 ($0.033)/kWh.
Adani Green’s operational renewables capacity surpasses 8 GW
Adani Green now has the largest operating renewable energy portfolio in India comprising 4,975 MW solar, 2,140 MW hybrid, and 971 MW wind.
SJVN awards 100 MW solar project to BVG
SJVN Green Energy has awarded the balance-of-system (BOS) package for its 100 MW solar project in Punjab.
Global solar installations hit 240 GW in 2022
IEA-PVPS has used an improved methodology to determine that newly installed PV capacity in 2022 must be somewhere between the 190 GW calculated by the International Renewable Energy Agency (IRENA) and the 268 GW announced by BloombergNEF. Its new “Snapshot of Global PV Markets 2023” report was built on data from a range of sources, including grid-connected and off-grid figures.
Maharashtra launches 62 MW solar EPC tender
Maharashtra State Power Generation Co. Ltd is accepting bids to install a 62 MW (AC) grid-interactive solar PV plant on an EPC basis in the Akola district.
ONGC targets 10 GW renewables by 2030
State-run explorer Oil and Natural Gas Corp. Ltd (ONGC) said it plans to invest INR 1,000 billion into building 10 GW of renewable energy capacity by 2030.
