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India

Oriana Power secures 29 MW solar EPC contract in Karnataka

The commercial and industrial solar solutions provider will construct the solar plant for consumption by a steel major in Karnataka.

DFC approves $425 million for Tata Power’s 4.3 GW solar cell and module fab

Tata Power’s greenfield 4.3 GW solar cell and module manufacturing plant in Tamil Nadu is expected to start PV module production by the year end. 

India, USA to set up $1 billion renewable infrastructure investment fund

India’s National Investment and Infrastructure Fund and the U.S. Development Finance Corp. will provide up to $500 million each to anchor a $1 billion fund to support the deployment of renewable energy projects in India.

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G20 to pursue tripling of renewable energy capacity globally by 2030

The leaders of G20 nations noted the climate finance requirements of developing countries. They agreed to work towards facilitating low-cost finance for energy transition in developing nations.

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Hitachi Energy wins order to support grid integration of 300 MW solar project

Hitachi Energy India has won the contract to provide a grid connection solution for Ayana Renewable Power’s upcoming 300 MW solar photovoltaic power plant in Bikaner, Rajasthan.

NTPC, Chidambaranar Port collaborate to develop green hydrogen hub

NTPC Green Energy Ltd (NGEL) will collaborate with V.O Chidambaranar Port Authority (VOCPA) to develop a green hydrogen hub at VOCPA, Tuticorin, in Tamil Nadu.

The importance of solar mini-grids in universalizing energy access

As solar energy becomes the most cost-effective form of energy generation in many countries, with clear climate, energy, and economic benefits, its acceptance and political support are growing. To enhance resilience and sustainability, strategies that incorporate a diverse energy mix, combining centralized and distributed renewable generation, are most effective, especially in underserved nations.

Six states account for 60% of EV sales in first eight months of 2023 

A new analysis shows sales of electric vehicles (EVs) in India in the first eight months of 2023 has already reached the annual sales volumes for 2022. It also reveals only a handful of states are driving the electric mobility adoption.

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Avaada Group to set up green hydrogen, ammonia plant in Odisha

Avaada Group has signed a Memorandum of Understanding (MoU) with Tata Steel Special Economic Zone Ltd to establish a green hydrogen and ammonia production unit at Gopalpur Industrial Park in Odisha

Cabinet approves viability gap funding scheme for battery storage development

Through the viability gap funding (VGF) scheme, the Indian government targets the development of 4 GWh of battery energy storage systems (BESS) by 2030-31. The selection of BESS developers for VGF grants will be carried out through a transparent, competitive bidding process.

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