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IndiGrid raises $138.84 million debt finance from IFC

International Finance Corp. (IFC) has subscribed to IndiGrid’s listed, non-convertible debentures aggregating to INR 1,140 crore (($138.84 million).

ReNew raises $400 million via green bonds

The developer said the funds raised would go towards refinancing its existing dollar debt and funding various growth initiatives.

Avaada Energy wins 200 MW (DC) solar project with $0.033/kWh bid

Avaada Energy has won a 200 MW (DC) solar project for supplying solar power to Gujarat Urja Vikas Nigam Ltd at a tariff of INR 2.75 ($0.033)/kWh.

NTPC launches 1.5 GW/9 GWh energy storage tender

NTPC Renewable Energy Ltd is accepting bids to develop a cumulative 1.5 GW/9 GWh of energy storage capacity on a build-own-operate basis anywhere in India. It will utilize the energy storage facility to meet its round-the-clock renewable and/or peak power supply requirements. Bidding closes on June 16.

Schneider Electric launches construction of a new factory in India

Schneider Electric is investing around INR 140 crore ($17 million) for setting up a new facility in Kolkata, West Bengal. The new facility will grow its vacuum interrupter production capacity and strengthen the power systems vertical.

Adani Green’s operational renewables capacity surpasses 8 GW

Adani Green now has the largest operating renewable energy portfolio in India comprising 4,975 MW solar, 2,140 MW hybrid, and 971 MW wind.

Mobile solar system for agricultural farms

India’s Vivasvan Solar has designed a foldable solar structure mounted on a trolley. The system employs mechanisms to prevent damage to the panels during transit and is especially useful for agricultural farms.  

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Dust removal for solar panels via electrostatic cleaning

A Jordanian research team has designed a cleaning technique for solar modules that uses static electricity to remove dust from panel surfaces. The system features an electrostatic ionizer that reduces attraction between dust particles and their accumulation on modules, improving their energy yield.

SJVN awards 100 MW solar project to BVG

SJVN Green Energy has awarded the balance-of-system (BOS) package for its 100 MW solar project in Punjab.

Serentica Renewables appoints CEO

Serentica Renewables has promoted Akshay Hiranandani, corporate finance lead, to chief executive officer.

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