Director Nidhi Gupta told pv magazine that the company had signed the agreement to invest INR 500 crore (US$67.2 million) in building a 120 MW solar park in the Bikaner district of the State. The solar park will provide plug-and-play infrastructure for captive solar projects.
The production-linked incentives scheme for advance-chemistry battery cell manufacturing received an encouraging response with bids received for 2.6 times the 50 GWh manufacturing capacity to be awarded.
The Mukesh Ambani-led diversified business conglomerate has agreed to invest INR 5 lakh crore (US$67.6 billion) in building 100 GW of renewable energy capacity and green hydrogen eco-system in the State. It will also invest INR 60,000 crore (US$8.1 billion) in setting up manufacturing facilities for new and renewable energy equipment including solar modules, electrolyzers, energy-storage batteries, and fuel cells.
The Indian state-owned electric transmission utility company has signed an agreement with infrastructure investor
Africa50 to develop 400kV and 220kV transmission lines in east African country Kenya under a public-private partnership framework.
The State-controlled renewable energy and energy efficiency lender has launched a scheme to finance new and emerging technologies that promote and increase the usage of renewable energy in the transport sector.
Wood Mackenzie has predicted solar equipment cost increases will ease back after last year saw the average cost of solar electricity rise for the first time in the Asia-Pacific region.
Solar manufacturer Waaree Energies had filed its draft red herring prospectus (DRHP) with Sebi in September last year. Jharkhand has started getting 200 MW of solar power from Gujarat at a price of INR 2.5/kWh under a 25-year PPA with SECI.
Bengaluru-based Mecwin Technologies Ltd and Karnataka Vikas Grameena Bank (KVGB) have partnered to finance solar pump-sets for farmers. Adani has formed a new energy arm called Adani New Industries Limited (ANIL).
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