Ultratech Cement raises 26% stake in solar, hybrid RE plants for self-consumption
UltraTech Cement Ltd has acquired 26% equity stake in a special purpose vehicle formed to set up a 30.85 MW hybrid project with battery storage in Gujarat and a 3.54 MW solar project in Rajasthan and Odisha.
Tata Power to invest INR 20,000 crore capex in FY 2025
Tata Power chairman N Chandrasekaran announced that a large part of the investment will go in accelerating the company’s renewable energy portfolio. The balance will be used towards transmission and distribution businesses.
SECI concludes 1.2 GW/1.2 GWh solar, storage tender with average price of $0.041/kWh
Acme Solar Holdings, Hero Solar Energy, JSW Neo Energy and Pace Digitek Infra have emerged winners in Solar Energy Corp. of India’s tender for setting up 1.2 GW solar with 600 MW/1.2 GWh energy storage capacity.
Waaree Renewable secures EPC contract for ISMT’s 30 MWp solar project in Maharashtra
Waaree Renewable Technologies Ltd will provide comprehensive engineering, procurement, and construction (EPC) services for ISMT’s 22 MW AC (30 MWp DC) ground-mounted solar project in Maharashtra.
Karnataka launches 100 MW/130 MWh solar-plus-storage tender
Karnataka Renewable Energy Development Ltd (KREDL) is accepting bids to set up a ground-mounted grid-connected 100 MW AC solar PV plant along with 130 MWh battery energy storage system in the Kalaburgi district of Karnataka.
Jupiter International secures INR 300 crore to expand solar manufacturing
Jupiter International, which has a solar cell production capacity of 800 MW per year, will use the funds to set up a 1.8 GW PV cell and 1.2 GW panel manufacturing facility. The company has also entered into a joint venture with AmpIn Energy to develop an integrated solar cell and module capacity of 1.2 GW each.
How solar PV modules transform commercial buildings into eco-friendly powerhouses
By integrating solar PV modules, commercial buildings can not only significantly reduce their environmental impact but also reap financial benefits and improve public image.
Hartek wins multiple 765kV projects from PGCIL
Hartek Group has secured multiple 765kV projects from Power Grid Corp. of India Ltd. (PGCIL), including the supply and commissioning of high-voltage transmission projects in Indore and Kurnool.
SECI launches 400 MW wind-solar hybrid tender
Solar Energy Corp. of India (SECI) is accepting bids to set up 400 MW of wind-solar hybrid power projects on a build-own-operate basis in India. Bidding closes on Aug. 6.
Rays Power Infra secured solar projects worth INR 833 crore in Q2 2024
The solar projects, spread across two states, add over 680 MW to the company’s RE portfolio.
