A new report from the Institute for Energy Economics and Financial Analysis (IEEFA) tracks key trends at major companies across India’s power sector value chain. It finds the nation is poised to lead the clean energy wave, with investors committing in response to the bold policies that are enabling the transition.
Tata Power Renewables has commissioned a new 120 MW solar project in just five months. The installation uses 381,000 thin-film glass-on-glass modules with peak outputs of 440 W to 460 W.
Ayana Renewable Power and Greenstat Hydrogen India have signed an agreement to jointly develop green hydrogen projects in India. The first one will be launched in Karnataka.
Enray Solutions has developed an autonomous, water-free cleaning robot for ground-mount solar installations that draws its power from an on-board PV panel and battery. The robot is designed to withstand the harsh environmental conditions of all kinds of terrain.
NASDAQ-listed ReNew Power has signed power purchase agreements for 1.5 GW of new utility-scale PV capacity in Rajasthan. It will also build around 0.5 GW of renewables for corporate customers.
Shell has signed the agreement to acquire Solenergi Power, an Actis company owning 100% of Indian developer Sprng Energy. The transaction, valued at $1.55 billion, is expected to close later this year.
Bundelkhand Saur Urja Limited (BSUL) has invited proposals to develop grid-connected solar power projects in the Jalaun Solar Park of Uttar Pradesh. May 18 is the deadline for submission.
The Noida-headquartered energy company will provide three-year comprehensive operation and maintenance support for the 260 MW PV plant located at Bhadla Solar Park.
The NYSE-listed Indian solar developer has signed an Expression of Interest (EoI) with the Karnataka government to establish 1.7 GW of solar, wind, and hybrid renewable energy capacity in the state.
A new report finds Andhra Pradesh, Madhya Pradesh, Maharashtra, Tamil Nadu, and Uttar Pradesh account for two-thirds of India’s 65 GW shortfall on 175 GW renewable energy target as of March 2022.
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