With the latest win, Acme Solar’s overall renewables portfolio has increased to around 7 GW.
Oriana Power Ltd has signed a Memorandum of Understanding (MoU) with Rajasthan government to invest INR 10,000 crore for project development across solar, green hydrogen, and energy storage solutions.
JSW Energy will develop a wind-solar project for 68 MW power supply to DCM Shriram. Among other projects, it has secured a 130 MW solar power purchase agreement with Indus Tower.
The sheer scale of solar installations means that ensuring consistency in operations and maintenance practices across the country is no easy task. Moreover, as technology continues to evolve, companies will need to keep up with the latest innovations to stay competitive.
A consortium of ReNew Energy Global promoters including Masdar, CPP Investments, Abu Dhabi Investment Authority (ADIA) and Sumant Sinha has offered to buy out the company’s publicly listed shares.
Adani Green Energy Ltd’s total operational renewable power generation capacity has increased to 11,434 MW with the addition of 250 MW solar project in Rajasthan
Reliance Power’s arm Reliance NU Suntech will develop the solar PV project with battery energy storage system on a build-own-operate basis. The project will supply power under a 25-year power purchase agreement with Solar Energy Corp. of India.
Researchers from Egypt and the UK developed a new floating PV system concept that utilizes compressed air for energy storage. The system has a roundtrip efficiency of 34.1% and an exergy efficiency of 41%.
Mahindra Susten has secured a Rupee term loan of INR 1,448 crore from HDFC Bank and Axis Bank for 560 MWp of solar power projects being developed in Gujarat and Rajasthan.
INOX Solar, an INOXGFL Group promoter-owned company, targets initial manufacturing capacities of 5 GW of solar modules and 2.5 GW of solar cells by 2026. It will also offer solar project EPC and O&M services through group companies. The strategic foray into solar will complement INOXGFL’s wind business, making it a complete renewable energy solution business.
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