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Markets & Policy

IREDA, BVFCL sign MoU on renewable energy and 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.

India added 2 GW of utility-scale solar in Q3 CY2021

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.

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The outlook for residential rooftop solar in India

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.

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Central Electronics Limited tenders 95 MW of solar sites in Maharashtra

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.

JSW Energy to re-organize renewable and thermal businesses

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. 

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Magenta to invest US$33.6 million in Tamil Nadu

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

Round-the-clock tenders can help India meet demand for firm renewable power

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.

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TVS Motor commits US$161.2 million of electric vehicle investment in Tamil Nadu

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.

Adani Solar partners KSL Cleantech for retail expansion to East and Northeast

The Indian solar manufacturer and EPC contractor has chosen KSL Cleantech as the channel partner for the retail distribution of its solar panels in the eastern and northeastern markets of India.

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Renew Power wants to set up 50 kiloton green hydrogen plant in Madhya Pradesh

The renewable energy developer is ready to invest INR 18,000 crore (US$ 2414.29 million) in setting up a 50 kilotonne per annum green hydrogen production plant in the State. 

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