Sarcos Robotics and Terabase Energy recently announced key business developments, underscoring how installation robots are increasingly moving from test centers to the field.
Avaada Energy will supply solar power at a tariff of INR 2.61 ($0.032)/kWh, the highest among all winners of the auction.
Adani, Greenco, ReNew, Continuum, Avaada, JBM Auto, Megha Engineering & Infrastructure Ltd, and Rajasthan Renewable Energy are amongst companies that signed the MoUs to raise funds for their clean energy projects.
SJVN Green Energy Ltd will develop 1.2 GW of solar projects for supply to Punjab State Power Corp. Ltd under a 25-year power purchase agreement.
The winning developers can set up projects anywhere in India, as long as these are connected to the interstate transmission system (ISTS).
Power Finance Corp. (PFC) and Rural Electrification Corp. (REC) committed debt funding of $3.9 billion each.
Avaada has signed an agreement with REC for INR 20,000 crore (around $2.44 billion) investment to fund its multiple projects over the next five years.
SJVN Green Energy will develop 200 MW of solar projects for power supply to Maharashtra State Electricity Distribution Co. Ltd (MSEDCL). It will also build a 100 MW wind plant under a power purchase agreement with Solar Energy Corp. of India Ltd (SECI).
NHPC is accepting bids to set up a 200 MW solar power project in the 600 MW solar park of Gujarat State Electricity Corp. Ltd (GSECL) at Khavda. Bidding closes on August 29.
Guatemala’s latest energy auction has attracted 48 bidders for 235 MW of capacity. The auction has been oversubscribed, with more than 1 GW of project proposals submitted. The national regulator will announce the final results on Aug. 2.
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