Reliance Industries to acquire majority stake in SenseHawk
Reliance Industries is set to buy 79.4% of US-based SenseHawk, which provides software-as-a-service (SaaS) solutions for process optimization, automation, and asset information management across the solar asset lifecycle. The startup has globally deployed its software at more than 600 sites.
Virescent to acquire 100 MW of operating solar assets from Jakson
Virescent, a KKR-backed renewable energy platform in India, will acquire Jakson’s 100 MWp of operational solar assets in Uttar Pradesh and Rajasthan.
Tata Power Delhi Distribution tenders 510 MW of wind-solar hybrid projects
Tata Power Delhi Distribution has launched a tender to develop 510 MW of grid-connected wind-solar hybrid projects, including 255 MW under a greenshoe option, on a build-own-operate basis. It will procure the generated power under a 25-year power purchase agreement.
Renewables offer $350 billion investment opportunity by 2030, says Aspire Circle India
A new report by Aspire Circle India estimates the potential of renewable energy and the clean-tech sector according to parameters such as revenue and job creation by 2030, and highlights the top 10 areas for investment.
NTPC invites proposals for round-the-clock renewables supply
NTPC has started accepting proposals from developers to supply round‐the‐clock power from solar, hydro, wind, hybrid, and energy storage plants.
IRCON Renewable Power tenders 600 MW of solar in Karnataka
IRCON Renewable Power has started accepting bids to develop 600 MW (DC) of solar projects and a 220 kV substation in Pavagada, Karnataka, on a turnkey basis. Bidding closes on Sept. 20
O2 Power acquires 55 MW of operational solar assets from Emmvee
The Indian renewable energy producer has acquired 55 MW of operating solar assets from module manufacturer Emmvee. The capacity includes 40 MW of utility-scale PV plants in Karnataka and 15 MW of commercial scale in Telangana.
India’s power market design must evolve as renewables’ share rises, says IEEFA
A new report by IEEFA says India’s power market design must evolve to transition faster to an ultra-low-cost renewable energy-based electricity system.
Norfund, KLP to buy 49% in Enel’s 420 MW solar project
The Norwegian Climate Investment Fund, managed by Norfund, and KLP, Norway’s largest pension company, have signed a deal to raise a 49% stake in a 420 MW solar power plant in India developed by Italy’s Enel Green Power.
Bhutan issues tender for 17.3 MW solar park
Bhutan aims to facilitate the construction of its first PV project through a new tender.
