Azure Power to raise US $75 million equity from Canadian investor CDPQ
The investment will increase Caisse de dépôt et placement du Québec’s equity stake in the NYSE-listed solar developer to 49.4% from current 41.4%.
French consortium develops hybrid storage and co-generation system
The Smart Energy Hub can operate in electrolysis mode to store renewable energy as hydrogen, or in fuel cell mode to produce electricity and heat from previously produced hydrogen or methane. Its developers are the French Alternative Energies and Atomic Energy Commission and start-up Sylfen.
Gujarat solar capacity just shy of 2.7 GW
The state this week raised its clean energy ambition to 30 GW of generation capacity within three years as figures showed ground-mounted solar is expanding at a faster rate than rooftop installations.
Haryana retenders 57 MW grid-connected solar capacity
Haryana Power Generation Corporation Limited has retendered ground-mounted solar capacity of 57 MW with relaxation in eligibility criteria. The projects—to be set up on build, operate and transfer basis—shall come up at three sites in the state and will be awarded through international competitive bidding. Bidding closes on November 25.
Odisha fire stations to go solar
The state will contract for a total 1.73 MWp of rooftop generation capacity with all the panels supplied manufactured in India.
Uttar Pradesh cabinet approves tariffs for 72 MW solar projects
The power produced by NTPC (40 MW) and Sukhbir Agro Energy (32 MW) will be purchased by Uttar Pradesh Power Corporation Limited at tariffs of Rs 3.02/KWh and Rs 3.05/KWh, respectively, for a period of 25 years.
Siemens to impart skills in renewable energy and e-mobility
The ‘Skills for Sustainable Growth’ project will be implemented by Siemens in partnership with India’s Ministry of Skill Development and Entrepreneurship and German development agency GIZ.
Uttar Pradesh to tap state water bodies for solar power
Jal Shakti minister Mahendra Singh wants to achieve a win-win by wiping out his department’s Rs3,000 crore electricity bill and selling clean energy to the Ministry of Power. His solution involves ambitious plans for floating PV in Uttar Pradesh.
CEL seeks pre-bid tie-ups for KUSUM projects in Rajasthan
State-owned module maker Central Electronics Limited will bid for distributed grid connected solar projects in Rajasthan DISCOMs, in tie-up with another party that will carry out the installation work using its panels in case of award of contract.
Tata Power, Rockefeller Foundation partner on microgrids
TP Renewable Microgrid—the joint venture of India’s integrated power company and the US-based impact investor—is said to become the world’s largest microgrid developer and operator with plans to set up 10,000 microgrids by 2026.
