JSW Energy to set up 1 GW pumped storage project in Tamil Nadu
JSW Energy will expand its footprint in Tamil Nadu with a further investment of INR 12,000 crore in RE projects, including 1 GW of pumped storage and 1 GW of wind power generation.
Ola Electric’s lithium battery gigafab to become operational next month
Bhavish Aggarwal, chief executive officer of Ola Electric, announced their lithium battery cell gigafactory in Tamil Nadu will become operational next month.
NTPC wraps up 1.5 GW solar tender with $0.031/kWh tariff
Solarpack (Anboto Solar), Apraava Energy, Avaada and ReNew have emerged winners in NTPC’s 1.5 GW solar PV auction.
Emmvee to supply 300 MWp of solar modules to KPI Green Energy
Emmvee Photovoltaic will supply 300 MWp of bifacial mono PERC panels for KPI Green Energy’s solar park in the Khavda village of Gujarat.
Juniper Green signs INR 8,000 crore MoU for 1 GW wind, solar projects in Gujarat
Juniper Green Energy has signed an agreement with the state government of Gujarat to establish 1 GW of wind and solar projects in Gujarat with an investment of INR 8,000 crore ($961.75 million).
NIIF appoints Actis’ Sanjiv Aggarwal as CEO and MD
Sanjiv Aggarwal, who has worked with sustainable infrastructure investor Actis, has joined National Investment and Infrastructure Fund Ltd (NIIFL) as chief executive officer and managing director.
Prices of Chinese EV battery cells fell by 50% at end of 2023, says TrendForce
Average sales prices of Chinese power cells at the end of 2023 were half of what they were at the start of the year, according to TrendForce. Despite the drop, the research firm says prices should stabilize in the second half of 2024.
First Solar signs 167 MW wind, solar PPA with Cleantech Solar
Cleantech Solar will develop 150 MW of solar PV and 16.8 MW of wind-generating assets in Tamil Nadu, supplying around 7.3 GWh of clean electricity to First Solar’s new 3.3 GW vertically integrated solar manufacturing facility in the state. The solar component of the project will utilize First Solar’s India-made Series 7 modules.
Erisha E Mobility signs INR 6,900 crore MoU for green hydrogen, mega EV park in Gujarat
Erisha E Mobility will invest INR 6,900 crore in setting up an electric vehicle park, charging infrastructure, and green hydrogen production facilities in Gujarat.
Evergreen Renewables to invest INR 4,000 crore in Gujarat
Advait Infratech will invest in the manufacturing and assembly of fuel cells and electrolyzers in Gujarat. Waaree will set up a green hydrogen/green ammonia production facility along with hybrid (solar, wind) renewable energy generation.
