ReNew Power hits 7.4 GW of operating renewable energy capacity
The developer installed a record 1.5 GW of renewable energy capacity within the current fiscal year alone. This includes more than 1.3 GW of utility-scale solar projects and over 150 MW of wind.
Power banking restrictions will curb open-access solar
A new report analyzes the current status of banking provisions across solar and wind energy rich states in India, along with the implications of these restrictive provisions upon the renewables sector.
Azure Power signs 2,333 MW solar PPA with SECI
The PV capacity is part of an overall 4 GW secured under the Solar Energy Corporation of India’s manufacturing linked auction.
Uttar Pradesh at a crossroads in electricity transition
Uttar Pradesh needs to ramp up solar installations to not only meet its own renewable energy (RE) targets but also to avoid holding back India’s performance on its targets of 175 GW of RE capacity by 2022 and 500 GW of non-fossil fuel capacity by 2030, says a new report.
Renewable energy project acquisitions jumped by more than 300% in value terms in 2021
The growth in acquisitions was supported by conducive global financial conditions and accommodative monetary policy maintained by the Reserve Bank of India.
How round-the-clock renewables point to optimum use of energy generation and infrastructure
Amid the troubles of the coal-dominated grid, variable renewable energy has a place in ensuring reliable supply
Tata Power wins 300 MW hybrid wind-solar project
TP Saurya Ltd, an arm of Tata Power, has secured a letter of award from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to build 300 MW of hybrid wind-solar capacity.
US-based DroneBase acquires solar analytics firm AirProbe
With the acquisition, DroneBase adds AirProbe’s market-leading artificial intelligence solution for aerial solar inspections and proprietary data analytics and expands its reach to India, Asia, and Europe markets.
Rays Power Infra to build 500 MW solar park in Rajasthan
The engineering, procurement and construction company has signed a Memorandum of Understanding (MoU) with the Rajasthan government to build a solar park for generating 500 MW of green electricity in the State.
Solar remains energy of choice for lenders
In 2020, 74% of the value of the energy project loans (US$4,435 million) went to renewables (solar and wind) and 26% to coal. Solar PV accounted for 81% of renewable energy deals and 57% of all deals.
