Emerging investment opportunities in India’s renewable energy sector
Corporate decarbonization, value chain integration, wind-solar hybrid projects, battery energy storage, offshore wind, green hydrogen, and value-added offerings such as energy-as-a-service are key trends and technologies shaping up India’s renewable energy sector and offering ample scope for investments.
Adani to launch hydrogen-powered mining truck pilot
The hydrogen-powered truck for mining logistics and transportation will have the vehicle platform developed by Ashok Leyland and fuel cell technology from Canada’s Ballard Power Systems.
Sunsure commissions 15 MWp open-access solar plant in Uttar Pradesh
The solar plant in the Mahoba district will supply electricity to corporates in Uttar Pradesh.
NTPC to develop ground-mount and floating solar plants in Tripura
NTPC Renewable Energy Ltd has signed an agreement with the state government of Tripura to collaborate for the development of ground-mount and floating solar projects in Tripura.
India’s Delectrik Systems starts commercial production of containerized redox flow battery systems
Multiple units of the 200 kWh battery system can be connected to build MWh-scale energy storage systems for use in on-grid and off-grid applications.
Cleantech Solar commissions 40 MWp PV project for a global industrial manufacturing giant
The Singapore-headquartered corporate renewable energy provider installed the 40 MWp captive solar project at its 280 MWp PV park in Tamil Nadu.
SC Solar signs PV production equipment deal with India’s Reliance
SC Solar has secured a $41.78 million PV production equipment supply contract from Reliance New Energy Solar Ltd.
Amp Energy secures PPA for 200 MWp wind-solar hybrid project
The developer will set up the wind-solar plant on a build-own-operate basis and sell the generated electricity to the Solar Energy Corp. of India.
Norfund invests INR 500 crore in Indian renewables company
India’s solar and waste-to-energy generator SAEL has raised INR 500 crore of equity investment from Norway’s Norfund as it seeks to fast-track the implementation of its biomass power projects that use crop stubble as a fuel.
SJVN starts construction of 90 MW floating solar plant in Madhya Pradesh
The state-owned hydropower producer is developing the floating solar project on a build-own-operate basis. Larsen & Toubro Ltd is tasked with the engineering, procurement, and construction (EPC) of the plant.
