Brookfield has announced the sale of 1.6 GW portfolio of solar and wind assets in India to Gentari Renewables India (Gentari). The first-phase sale of 1 GW of operating assets is already complete.
Apollo Green Energy Ltd (AGEL) has formed a subsidiary, AGEL Renewable Energy Ltd, focused on utility-scale solar and advanced energy storage solutions, including hydrogen-based systems.
The Energy Information Administration projects that 32.5 GW of solar power, 18.2 GW of energy storage, and 7.7 GW of wind generation will be deployed this year, accounting for nearly 93% of total new capacity, which is expected to reach a record 63 GW.
SJVN has allocated 448 MW under its tender for supply of 1.2 GW of firm and dispatchable (round-the-clock) power from grid-connected RE projects with/without energy storage systems.
The wind-solar hybrid power projects were awarded to four successful bidders at tariffs ranging from INR 4.64/kWh to INR 4.73/kWh.
Hindustan Power will invest in setting up a 100 MW solar plant and a 100 MW battery energy storage facility in Assam.
Oriana Power has committed to invest INR 500 crore in solar and battery energy storage system projects in the Kamrup district of Assam.
NTPC Green Energy Ltd has declared that its 300 MW solar project in Rajasthan is now fully online. It commissioned the capacity in phases, with the final section of 18.32 MW switched on recently.
Researchers studying decommissioned wind and solar farms in Italy, Spain, Venezuela, and Argentina have found that weak regulations risk leaving more abandoned assets in their wake.
ACME Solar Holdings plans to invest INR 17,000 crore to boost renewable energy capacity to 5 GW by 2026. The developer is also mulling entry into nuclear energy segment.
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