Reliance Power sets up renewables arm
Reliance Power has set up a new subsidiary, Reliance Nu Energies, for renewable energy business. Mayank Bansal and Rakesh Swaroop, who previously worked with ReNew Power, join Reliance Nu Energies as chief executive officer and chief operating officer, respectively.
NTPC Renewable Energy wins 500 MW solar in SECI auction
NTPC Renewable Energy has secured 500 MW of solar power capacity at a tariff of INR 3.52/kWh. As per the terms of the tender, the company is required to set up 250 MW/1,000 MWh of energy storage system along with the contracted solar capacity
Juniper Green places 1 GW PV module order with First Solar
Juniper Green has signed the agreement to procure First Solar’s Series 7 FT1 cadmium telluride (CdTe) thin film photovoltaic (PV) modules for its projects across Rajasthan, Gujarat and Maharashtra.
Coal-based steelmaking plans jeopardize India’s net-zero target
The “build now, decarbonize later” approach misses the opportunity to develop steel capacity using low-emissions technologies, which could make India a leader in green steel capacity, save on decarbonization efforts later, and reduce current and future stranded asset risk in the industry.
SECI allocates 2 GW solar, storage at average price of INR 3.52/kWh
Reliance Power has secured the biggest slice of 930 MW. Other winners include NTPC Green Energy Ltd (500 MW), Hero Solar (270 MW), Sembcorp (150 MW) and Solarcraft (150 MW).
Hitachi Energy advances energy forecasting with new AI solution
Hitachi Energy’s Nostradamus AI solution enables users to make better decisions by quickly generating accurate forecasts for solar and wind generation, market pricing, load, and more.
Avaada Group commits INR 1 lakh crore renewable energy investments in Rajasthan
Avaada Group will invest across pumped storage, green hydrogen, green ammonia, wind and solar power projects in Rajasthan.
The Hydrogen Stream: Gentari to supply 650 MW round-the-clock renewable power to AMG Ammonia
Gentari will set up around 2.4 GWp of solar and wind power generation capacity in India, backed with 350 MW/2100 MWh energy storage, to supply firm and dispatchable green power to AMG Ammonia’s facilities
ReNew switches on 750 MW solar in Rajasthan
ReNew has commissioned 750 MW of its 1 GW solar project in Rajasthan. The project utilises solar panels manufactured by ReNew entirely in India.
Waaree Energies sets up Australian subsidiary
Waaree Renewable Energies Australia will focus on renewable energy business in Australia.
