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Wind-Solar Hybrid

NTPC allocates 1.5 GW of wind-solar hybrid projects at $0.040/kWh

Axis Energy, Juniper Green Energy, ReNew and Acme have emerged winners in NTPC’s auction for 1.5 GW of interstate transmission grid connected wind-solar hybrid projects. The average price discovered is INR 3.30 ($0.040)/kWh.

India’s coal sector aims to ramp up renewable energy capacity to over 9 GW by 2030

Presently, the combined solar capacity installed by leading coal companies stands at around 1.7 GW, supplemented by an additional 51 MW from wind mills.

SECI allocates 480 MW renewables-plus-storage at $0.068/kWh

The winning developers will set up renewable energy projects backed with energy storage system to supply firm and dispatchable RE power in a demand-following manner.

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Adani Green switches on 1 GW of the 30 GW Khavda renewable energy park

Adani Green Energy Ltd has operationalized 1 GW of solar capacity at Gujarat’s planned 30 GW Khavda RE park in less than 12 months of commencing the work at the site. This is the fastest such greenfield solar capacity addition in India’s renewable sector.

The rise of green finance: Financing the future of renewable energy in India

India has witnessed a surge in solar and wind energy projects, backed by investments from both domestic and international sources. Green finance plays a pivotal role in funding these projects.

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Nepal seeking consultants for power system expansion, including solar

Nepal is seeking consultants to expand its power system, which includes building more than 200 kilometers of new transmission lines, upgrading existing ones, and constructing solar and solar-wind hybrid energy systems for remote areas. The deadline for expressing interest is Feb. 27, 2024.

India needs INR 30 lakh crore investment during FY 2024-30 to meet its COP Climate Pledges: IREDA CMD

The investment is required in building capacities across solar, hydro, wind, and waste-to-energy sectors, green hydrogen (including electrolyzers), batteries, and transmission.

Adani Green begins generation from the world’s largest renewable energy park 

Adani Green Energy Ltd has operationalized the first 551 MW solar capacity of the planned 30 GW renewable energy park at Khavda, Gujarat, by supplying power to the national grid.  

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Tata Power Q3 FY 2024 PAT grows to INR 1,076 crore

Tata Power’s profit after tax for the third quarter (Oct-Nov-Dec. period) of FY 2024 grew to INR 1,076 crore compared to INR 1,052 crore in Q3 FY 2023.

India has installed more than 180 GW of renewable energy capacity as of Dec. 31

India has installed 180,796.35 MW of renewable energy capacity as of Dec. 31, 2023, including 73,318.49 MW (around 41%) from solar power projects.

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