Adani Green, TotalEnergies partner for over 1 GW of solar projects in Khavda
Adani Green Energy Ltd (AGEL) and TotalEnergies have agreed to create a new joint venture to accelerate the development of 1,150 MWac (1,575 MWp) of solar projects in Khavda, Gujarat. AGEL will contribute its current assets to the joint venture, while TotalEnergies will inject $444 million.
Gensol, Matrix consortium wins EPC of India’s first biomass to green hydrogen project
Gensol Engineering, in collaboration with Matrix Gas & Renewables Ltd, will establish the project to convert 25 tons of bio-waste into one ton of hydrogen per day. The project is scheduled for completion within 18 months.
ACWA Power secures $2.6 billion for 5.5 GW of solar in Saudi Arabia
ACWA Power has obtained $2.6 billion through a consortium of banks for three solar plants in Saudi Arabia, with a combined capacity of 5.5 GW.
BPCL aims to build 10 GW of renewable energy capacity by 2035
Bharat Petroleum Corp. Ltd (BPCL) aims to build 2 GW of renewable energy capacity by 2025 and 10 GW by 2035
L&T creates renewable EPC vertical
Larsen & Toubro (L&T) has carved out renewable business vertical amid energy transition led growth in its infrastructure segment.
Coal India launches 300 MW solar EPC tender
Coal India Ltd (CIL) is accepting bids to install and commission a 300 MW (AC) ground-mounted solar PV project at Khavda Solar Park in the Indian state of Gujarat. It had won this project in an auction by Gujarat Urja Vikas Nigam Ltd.
Solar module installations could hit 592 GW in 2024
BloombergNEF says the global solar industry will install 592 MW of modules this year, up 33% on 2023. The consultancy has also lowered its estimate for 2024 polysilicon production, as manufacturers are temporarily scaling back output.
NLC secures 200 MW solar power deal with Telangana discoms
The state-owned coal miner will develop a solar project to supply 200 MW of green power to electricity distribution companies in Telangana
Solar industry faces collapse amid surplus and plunging prices
The solar industry is at a crossroads. While demand for PV installations is higher than ever, systemic overcapacity, falling prices, and financial losses across the supply chain threaten to undermine the industry’s long-term sustainability.
GameChange Solar secures tracker supply contract for 750 MW PV project in India
GameChange Solar will supply its Genius Tracker solutions to Sterling and Wilson Renewable Energy for a 750 MWp PV plant in the Khavda Solar Park of the Indian state of Gujarat.
