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Utility Scale PV

SJVN secures $111.3 million Japanese loan to fund solar projects

SJVN has secured around INR 915 crore ($111.3 million) loan to partly finance its 90 MW Omkareshwar floating solar project in Madhya Pradesh and 100 MW Raghanesda solar project in Gujarat.

JSW Energy completes acquisition of Mytrah’s 1.75 GW renewable assets

JSW Energy arm JSW Neo Energy has completed the acquisition of 1,331 MW of wind capacity and 422 MW solar from Mytrah Energy for INR 10,150 crore ($1,235 million).

Sterling and Wilson Renewable Energy selects Nextracker for NTPC’s 1.568 GWp solar plant

Nextracker will supply its optimized bifacial solar trackers for NTPC Renewable Energy’s 1.568 GWp PV project in the Indian state of Gujarat. The project, India’s largest contiguous solar power plant, is being implemented by Sterling and Wilson Renewable Energy.

Tata Power Solar to set up 300 MW project for NLC India

Tata Power Solar Systems has secured the Letter of Award (LoA) to build the 300 MW solar project on an EPC basis in Rajasthan.

NTPC to supply 1.3 GW of round-the-clock renewable power for Greenko’s green ammonia plant

NTPC Renewable Energy has signed the term sheet to supply 1.3 GW of round-the-clock renewable power for Greenko’s upcoming green ammonia plant at Kakinada in Andhra Pradesh.

India’s energy transition presents $25 billion annual investment potential: Avendus Capital 

India attracted around $10 billion of annual investment in the renewable energy sector over the last five years. High economic growth and a stable commitment to decarbonization have drawn the attention of major organizations and investors from around the world. 

India surpasses 64 GW of installed solar capacity: MNRE

Rajasthan, Gujarat and Karnataka account for over 50% of the cumulative installed solar capacity.

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ReNew repaid over $1 billion to offshore bondholders in FY2023 

The amount repaid included the most recent amortization of $180 million this month.

IREDA touches new record in lending for renewable energy projects

Indian Renewable Energy Development Agency Ltd (IREDA) disbursed loans of INR 16,320 crore and sanctioned INR 32,578 crore for renewable energy projects, in FY 2022-23.

BVG wins BOS package for 100 MW solar project in Punjab

Bharat Vikas Group (BVG) has won the balance-of-system package for SJVN Green Energy’s 100 MW (AC) grid-connected solar PV power project in Punjab. The total project value, including three-year operation and maintenance, is INR 116.29 crore.

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