India Ratings affirms Adani Green Energy’s credit rating at AA-, outlook stable
India Ratings and Research (Ind-Ra) has affirmed Adani Green Energy Ltd’s (AGEL) long-term issuer rating at ‘IND AA-’ with a Stable outlook. It has also resolved the rating watch with negative implications.
Coal India, UPRVUNL sign MoU to set up 500 MW solar power project in Uttar Pradesh
Coal India Ltd (CIL) and U.P. Rajya Vidyut Utpadan Nigam Ltd (UPRVUNL) have signed a non-binding Memorandum of Understanding (MoU) to establish a 500 MW solar power project in Uttar Pradesh.
Amplus Solar rebrands to Gentari
Sharad Pungalia has been appointed as Gentari’s Head of India. Pungalia, previously serving as the chief executive officer of Amplus Solar, has been instrumental in scaling Amplus Solar to more than 2.4 GW of operational and under-construction distributed energy assets.
Solar grazing supports healthier soil, food for sheep, study finds
Solar sheep grazing helps to create a beneficial dual-use environment, found American Solar Grazing Association in a two-year study conducted at 31 different solar sites.
Serentica Renewables signs 75 MW hybrid renewable power deal with INOX Air Products
Serentica Renewables has signed the agreement to supply 75 MW of hybrid renewable power, through inter-state transmission system, to INOX Air Products’ manufacturing sites across four states.
China module prices bearish, U.S. prices rise on tariff policies
In a new weekly update for pv magazine, OPIS, a Dow Jones company, reports that TOPCon modules from China held steady at between $0.085-0.090/W. It also reveals that Europe prices for TOPCon modules of over 450 W rose by 0.96%, assessed at €0.105/W.
Adani Green Energy secures 400 MW solar PPA with UPPCL
Adani Green Energy Ltd (AGEL) has secured a 25-year power purchase agreement with Uttar Pradesh Power Corp. Ltd for supply of 400 MW solar power.
Hero Future Energies secures PPA for 270 MW solar plus storage project
Hero Future Energies (HFE) has signed a power purchase agreement (PPA) with Solar Energy Corp. of India Ltd (SECI) for a 270 MW solar with energy storage system (ESS) project.
NTPC Renewable Energy switches on 60 MW solar
NTPC Renewable Energy Ltd has switched on the third and final part capacity of 60 MW out of its 150 MW Gujarat Solar PV Project.
Reliance Power secures PPA for 930 MW solar plus 465 MW/1,860 MWh BESS project
Reliance Power arm Reliance Nu Suntech will develop a 930 MW solar project with 465 MW/1,860 MWh battery energy storage system for assured power supply during peak hours (four hours daily) at a competitive fixed tariff of INR 3.53/kWh.
