SECI tenders 1.5 GW of renewables with storage
Solar Energy Corp. of India Ltd has launched a tender to select developers for 1.5 GW of firm and dispatchable power from renewable power projects with energy storage systems. Bidding closes on September 15.
Adani Green profit surges 51% YoY in Q1 FY 2024
Adani Green Energy recorded a consolidated net profit of INR 323 crore ($39.3 million) for the April-May-June period of 2023.
CleanMax inaugurates 400 MW wind-solar hybrid project in Gujarat
The 400 MW wind-solar hybrid project will supply clean electricity to commercial and industrial customers, including Hero MotoCorp, Hindalco Industries, Larsen & Toubro, and MG Motor, amongst others.
ReNew, Gentari collaborate for 5 GW renewables capacity in India
ReNew and Gentari will form a 50:50 joint venture to develop renewable assets including solar, wind, and energy storage.
Hero Future Energies signs $756 million MoUs with REC, PFC
Power Finance Corp. (PFC) and Rural Electrification Corp. (REC) will extend INR 3,100 crore (($378 million) each to support Hero Future Energies’ upcoming renewable energy projects.
PFC signs MoUs for clean energy lending worth around $29 billion
Adani, Greenco, ReNew, Continuum, Avaada, JBM Auto, Megha Engineering & Infrastructure Ltd, and Rajasthan Renewable Energy are amongst companies that signed the MoUs to raise funds for their clean energy projects.
NTPC launches 1.5 GW wind-solar hybrid tender
NTPC Ltd has invited global bids to develop 1.5 GW of wind-solar hybrid power projects anywhere in India.
Fourth Partner Energy commissions its first wind-solar hybrid project
The 70 MW wind-solar hybrid plant in Gujarat will supply clean electricity to corporate clients in New Delhi and Hyderabad.
CleanMax commissions 400 MW wind-solar hybrid plant for C&I offtake
The 400 MW wind-solar plant, located in Gujarat, is purportedly India’s largest single hybrid project for offtake by the commercial and industrial (C&I) sector.
India will add 45 GW of renewable energy capacity over next two fiscals, says CareEdge Ratings
India will install around 20-25 GW of new renewable energy capacity annually over the next two fiscals, driven by a healthy project pipeline and a strong bidding roadmap. The decline in solar module prices and one-year relaxation for the approved list of module manufacturers (ALMM) bode well for the capacity addition.
