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.
SJVN launches 1.5 GW wind-solar hybrid tender
Developers have until March 15 to lodge their interest in setting up 1.5 GW of wind-solar hybrid power projects on a build-own-operate basis. The projects can be located anywhere in India and must connect to the interstate transmission grid.
BluPine Energy launches skill development centers for utility-scale solar, wind power projects
The skill development programs, launched in Gujarat, will impart extensive training on the installation and operation of utility-scale solar and wind power plants, fostering entrepreneurship and employability.
Adani Green Energy Ltd posts INR 950 crore profit for 9M FY2024
Adani Green Energy Ltd has reported a consolidated net profit of INR 950 crore (around $114.28 million) for the first nine months of FY 2024, which is 104% up year-on-year. Revenue from operations was up 57% YoY to INR 5,794 crore.
Adani Green completes funding of the reserves for the $750 million Holdco
Adani Green Energy Ltd has concluded funding of the entire $750 million Holdco Bond redemption with the receipt of $281 million through promoter preferential allotment. Other sources of funds include $300 million from TotalEnergies JV proceeds and $169 million from debt service reserve account, hedge reserves, and interest on reserve account.
GUVNL allocates 200 MW of wind-solar projects at $0.036/kWh
Juniper Green Energy and KPI Green have emerged winners in Gujarat Urja Vikas Nigam Ltd’s tender for 500 MW of grid-connected wind-solar hybrid projects. They secured 150 MW and 50 MW capacities, respectively.
Sterling and Wilson Renewable Energy closes Q3 FY24 with five project wins totalling over INR 2,400 crore
Sterling and Wilson Renewable Energy’s gross unexecuted order value as on Dec. 31, 2023 stood at INR 8,750 crore.
The practicality of a 100% renewable energy system
The biggest question for the transition from the conventional practice of electricity generation to 100% eco-clean renewable energy resources is, can we maintain the electricity grid stable every minute of every day? The answer is clearly YES, and it is practical.
Torrent Power commits $5.7 billion investment in Gujarat
Torrent Power will develop 3,450 MW of solar power projects, 1,045 MW of hybrid power projects, and the solar park infrastructure for a 7 GW solar power project in Gujarat. It will also set up a 100 ktpa green hydrogen/green ammonia production facility in the state.
Avaada to develop 6 GW of hybrid wind-solar projects in Gujarat
Avaada Group has signed an agreement with the government of Gujarat to develop 6 GW of hybrid wind-solar projects with an investment of INR 40,000 crore.
