Hitachi Energy to supply power transformers for India’s largest solar energy park
Hitachi Energy will provide made-in-India power transformers for NTPC’s upcoming 4.75 GW solar energy park in Gujarat.
ISA Assembly approves payment guarantee mechanism for solar projects in Africa
The fifth assembly of the International Solar Alliance (ISA) approved Solar Facility, a payment guarantee mechanism to mitigate risks associated with solar projects in Africa.
SJVN signs 1 GW floating solar deal with Assam government
SJVN’s green energy arm and Assam Power Distribution Co. Ltd have agreed to develop 1 GW of floating solar project in Assam through a joint venture.
Torrent Group commits $7.28 billion renewables investment in Rajasthan
The Group will invest more than INR 60,000 crore ($7.28 billion) in setting up renewable energy projects, including green hydrogen, in the Indian state of Rajasthan.
Wind, solar payback times under a year in some parts of world, says Rystad
Record energy prices, particularly in Europe, are driving demand for renewables and energy storage. That is changing the equation for utility solar and wind investment and shortening project payback times to under a year in some regions. Storage deployment, driven by recent policy developments around the world, is also expected to get a big boost through to 2030.
Coal India to set up 1.19 GW solar project in Rajasthan
The state-owned coal miner has signed a deal to set up the project in Rajasthan Vidyut Utpadan Nigam Ltd’s 2 GW solar power park in Bikaner. The estimated cost of the solar project is INR 8,000 crore ($974 million).
Pennar Industries secures 625 MW DC solar project from NTPC REL
The Hyderabad-based diversified engineering firm has won an INR 1,167 crore ($141.64 million) contract to install, commission, and provide three-year operation and maintenance support for a 625 MW DC solar project in Rajasthan.
India expected to annually deploy 35-40 GW of renewables until FY2029-30 end
Ambitious government targets and commitments by both private and state-owned companies will propel renewable energy installations.
Sterling and Wilson wins $268.75 million solar order from NTPC REL
Sterling and Wilson Renewable Energy has secured the contract to install, commission, and provide three-year operation and maintenance support for a 1,255 MW AC (1,568 MW DC) solar PV project in Gujarat.
Avaada signs $2 million robotic cleaning deal with Airtouch Solar
Indian developer Avaada Group has selected Israeli robotic cleaning specialist Airtouch Solar for the maintenance of PV modules at its solar farms in Rajasthan and Maharashtra. The robotic cleaning contract between the two companies is pegged at around $2 million.
