Markets & Policy

German engineering and consulting firm Viridis.iQ GmbH will assist in conceptual design to construction and commissioning of the 4 GW vertically integrated poly-to-modules solar factory.

EPC contractor Larsen & Toubro has partnered with renewable energy developer ReNew Power to develop end-to-end competitive solutions in green hydrogen.

The Indian Renewable Energy Development Agency Ltd (IREDA) shall provide its techno-financial expertise to help Brahmaputra Valley Fertilizer Corporation Limited develop renewable energy, green hydrogen, green ammonia, and energy efficiency and conservation projects.

JMK Research analysts expect the solar installation activity to further pick up in the fourth quarter. They estimate around 3.5 GW of new utility-scale solar capacity and 1 GW of hybrid capacity addition in the October-November-December period.

After stagnant annual growth for a couple of years, the rooftop PV market is showing signs of improvement with the usual obstacles no longer so daunting.

The successful contractor will install the arrays in blocks of 2-10 MW and will carry out all stages of installation, from site surveys through to 12 years’ operation and maintenance.

The private-sector power producer will group its renewable energy business under wholly-owned arm JSW Neo Energy as it targets growth in renewable energy generation, energy storage, and green hydrogen business. 

The company will invest INR 250 crore for the R&D and manufacturing of cutting-edge technologies in the e-mobility segment.

A report has stated the renewable-plus-fossil fuel model is the best short term option to meet the assured supply conditions in the Solar Energy Corporation of India’s round-the-clock power tenders. Further out, as the cost of batteries decline, that technology is likely to become the most viable option for providing critical, non-intermittent power.

The company has signed a memorandum of understanding with the state government to invest INR 1,200 crore for the design, development and manufacturing of new products and capacity expansion in the electric vehicles space.