Nextracker opens R&D Center for Solar Excellence in Hyderabad
Nextracker’s Center for Solar Excellence (CFSE) in Hyderabad will feature a 30,000 square foot, state-of-the-art lab, a comprehensive solar tracker installation, and training facilities encompassing the entire project lifecycle.
Avaada Group commits $12 billion to renewables, storage in Rajasthan
Avaada Group plans INR 1 lakh crore ($12 billion) investment to set up a 1.2 GW pumped hydro storage project, a 1 mtpa green ammonia project, a 1 GW wind power project, and a 10 GW solar power project in Rajasthan.
SJVN launches 1.5 GW/6 GWh renewables-plus-storage tender
SJVN has issued a tender to set up 1.5 GW of renewable energy projects backed with energy storage systems for assured peak supply of 6 GWh.
Three Adani portfolio companies join World Economic Forum’s ‘Transitioning Industrial Clusters’ initiative
The Adani Mundra Cluster comprising Adani Enterprises Ltd (through its arm Adani New Industries Ltd), Adani Ports and Special Economic Zone Ltd (APSEZ), and Ambuja Cements Ltd joins an international community of 23 industrial clusters collaborating to advance decarbonization.
Global average solar LCOE stood at $0.044/kWh in 2023, says IRENA
The International Renewable Energy Agency (IRENA) says the result represents a 12% year-on-year decline. The figure has fallen 90% since the start of 2010.
Adani Green, TotalEnergies sign 1,150 MW AC joint venture agreement
As part of the joint venture, TotalEnergies invested $444 million for acquiring 50% stake in Adani Green Energy Ltd’s projects located at the world’s largest renewable energy plant in Khavda, Gujarat
NHPC, APGENCO sign JV agreement for renewables, pumped storage development
The joint venture company of NHPC and Andhra Pradesh Power Generation Corp. Ltd (APGENCO) will implement pumped hydro storage and renewable energy (solar and wind) projects in Andhra Pradesh in phases.
The hidden potential of green energy stocks
The green energy sector in India has been showing strong performance, and so are the green energy stocks. And everyone wants a piece of the pie.
Rays Power Infra secures 600 kW/ 3,000 kWh vanadium redox flow battery project from NTPC
Rays Power Infra has been awarded a 600 kW/3,000 kWh vanadium redox flow battery project by NTPC for its R&D division NTPC Energy Technology Research Alliance (NETRA).
NTPC Green, MAHAPREIT partner on 10 GW of renewable energy projects
NTPC Green Energy Ltd and Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT) have agreed to form a joint venture company to undertake development of 10 GW of renewable energy parks and projects in Maharashtra or any other state of India.
