Sterlite Power acquires Kishtwar transmission project in J&K
The project comprises a 400/132 kV gas-insulated substation at Kishtwar and a 400 kV Kishenpur-Dulhasti line-in line-out transmission line.
Waaree Energies emerges as India’s biggest solar module supplier
The Mumbai-headquartered solar manufacturer supplied 17% of the overall 1.28 GW of solar modules shipped in India during Q3 2022.
No funding for new coal in 2021
The renewable energy sector (solar and wind) recorded project finance deals worth INR 33,893 crore ($4,598 million) in 2021. No new project finance for coal was reported.
Jindal Stainless signs 300 MW wind-solar PPA with ReNew Power
The stainless-steel manufacturer has selected ReNew Power to develop a utility-scale wind-solar project for its self-consumption.
Greenzo announces 250 MW electrolyzer fab in Gujarat
The Delhi-based renewable project consultant will invest $50 million in the Gujarat facility to manufacture anion exchange membrane (AEM) electrolyzers for green hydrogen generation. The project has received $1 million from Real Time Accelerator Fund as an angel investor in Greenzo.
REC arm tenders 1.25 GW of ISTS solar projects
REC Power Development and Consultancy Ltd has invited global bids to develop 1.25 GW of solar projects on a build-own-operate basis in India. Bidding closes on December 26.
Amara Raja to set up 16 GWh lithium battery cell fab in Telangana
The automotive battery major will invest INR 9,500 crore over the next ten years to set up a 16 GWh lithium cell factory, 5 GWh battery pack assembly unit, and research and innovation center in Telangana.
Amazon announces wind-solar hybrid projects in India
The two hybrid wind-solar projects, located in Madhya Pradesh and Karnataka, represent 300 MW of renewable energy capacity combined.
Brookfield and Amazon Web Service sign renewable energy, Cloud deal
The global renewables investor has selected Amazon Web Service as a preferred cloud provider to gain business insights, improve workplace safety, and automate hydroelectric, wind, and solar operations. In return, it has agreed to provide clean power for Amazon’s operations in Europe, North America, and India.
How Indian businesses are growing with ESG
Today, following the ESG (environmental, social and governance) mandate is more than just ticking off a box in the compliance checklist. It is taking ownership of the consequences of the businesses and working towards creating a positive impact by partnering with the right groups.
