Wind-Solar Hybrid

JSW Neo Energy has received Letter of Award for 400 MW of wind-solar hybrid power project under greenshoe option. This takes its total capacity allocation under Maharashtra State Electricity Distribution Co. Ltd’s phase III auction to 600 MW.

ABB’s programmable logic controller-based automation solutions are now catering to more than 10 GW of renewable energy plants, including solar, wind and battery energy storage systems.

ONGC, India’s largest crude oil and natural gas company, is accepting bids to set up 1 GW of co-located wind-solar hybrid power projects (500 MW solar plus 500 MW wind) for its captive consumption. Bidding closes on Oct. 23.

Blueleaf Energy has secured around $170 million from Axis Bank to finance its 200 MW hybrid wind-solar power plant in Madhya Pradesh.

The adoption of smart technologies is reshaping the utilities industry, with a particular focus on smart grids. Smart grids leverage advanced sensors, Internet of Things (IoT) devices, and real-time data analytics to transform how electricity is generated, distributed, and consumed.

SJVN has invited bids from renewable energy developers to supply 1.2 GW of firm and dispatchable power from RE projects with energy storage system, with greenshoe option of additional capacity up to 1.2 GW.

JSW Neo Energy has received a letter of intent from Gujarat Urja Vikas Nigam Ltd to set up a 192 MW grid-connected hybrid wind-solar power project, including an additional 96 MW under the green shoe option.

REC has reported total income of INR 13,037 crore and net profit of INR 3,442 crore for April-May-June quarter of FY 2024-25.

The winning developers will set up renewable energy projects backed with energy storage system to supply a cumulative 630 MW of firm and dispatchable renewable power in a demand-following manner.

KPI Green Energy has secured a cumulative solar capacity of 250 MW AC (275 MW DC) and hybrid RE power projects of 370 MW AC (642 MW DC) in Gujarat Urja Vikas Nigam Ltd’s recent tenders.