Avaada Energy wins 250 MW solar-wind hybrid project in NTPC auction
Avaada Energy won the 250 MW solar-wind hybrid power project by offering a competitive tariff of INR 3.47 per kWh.
ReNew crosses 10 GW of gross renewable energy assets
ReNew surpassed a cumulative installed renewables capacity of 10 GW as on March 31, 2024. Out of this, the company added 1.94 GW of RE assets (1,174 MW of solar and 768 MW of wind energy) in FY 2023-24.
Adani Green Energy surpasses 10 GW of operating renewables capacity
Adani Green Energy Ltd (AGEL) has reached an operating renewable energy portfolio of 10,934 MW, consisting of 7,393 MW solar, 1,401 MW wind, and 2,140 MW wind-solar hybrid capacity.
SJVN launches 1.2 GW renewables-plus-storage tender
SJVN has launched a tender to select developers for up to 1.2 GW of firm, dispatchable power from renewable energy projects backed with energy storage systems. The projects can be located anywhere in India. Bidding closes on May 28.
India, Saudi Arabia and UAE top in green hydrogen competitiveness
The United Arab Emirates (UAE) tops in green hydrogen competitiveness with the world’s lowest levelized cost of hydrogen (LCoH) of $2.7/kg in 2023 and a projected $1.7/kg in 2030. It is followed by Saudi Arabia and India, which could produce green hydrogen at $2.9-$3.2/kg in 2023 and $1.8/kg in 2030.
NTPC allocates 1,584 MW of renewables-plus-storage at $0.056/kWh
The winning developers will set up renewable energy projects backed with energy storage system to supply firm and dispatchable renewable energy. The projects are to be developed on a build-own-operate basis.
NTPC launches 1 GW wind-solar hybrid tender
The prospective developers will set up wind-solar hybrid power projects, connected to the interstate transmission system, to supply the power generated to NTPC.
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.
