Acciona Energía to build 412 MWp solar plant in Rajasthan
Acciona Energy expects to complete the 412 MWp solar PV project by 2025. The plant will be the Spanish renewable energy developer’s largest project in the country.
BPCL unveils India’s first indigenous alkaline electrolyzer at India Energy Week 2024
Bharat Petroleum Corp. Ltd (BPCL) today unveiled an alkaline electrolyzer developed in collaboration with Bhabha Atomic Research Centre (BARC).
SJVN launches 1.5 GW wind-solar hybrid tender
Developers have until March 15 to lodge their interest in setting up 1.5 GW of wind-solar hybrid power projects on a build-own-operate basis. The projects can be located anywhere in India and must connect to the interstate transmission grid.
Shapoorji Pallonji’s seawater desalination units buy stake in 150 MW of solar projects for self-consumption
Torrent Power will develop 150 MW of solar projects for supply of power to the seawater desalination plants being set up by Shapoorji Pallonji and Company in Gujarat.
Waaree Renewable Technologies wins 412 MWp solar EPC project
Waaree Renewable Technologies has secured the letter of award for a 412 MWp (335 MW AC) solar power plant. It will execute the EPC work of the PV plant and provide operations and maintenance for a period of two years.
The Hydrogen Stream: Reliance Industries to convert existing 5,000 ICE trucks to run on green hydrogen by mid-2024
India’s Reliance Industries Ltd plans to convert around 5,000 existing internal combustion engine (ICE)-powered trucks into hydrogen ICE trucks by mid-2024. The company uses these trucks for its internal purposes.
Tata Power Solar facilitates INR 3,500 crore of customer financing to boost PV adoption in India
Tata Power Solar ties up with 20+ leading financial institutions, financing up to 85% of the addressable order book. It has facilitated solar financing for over 2,200 commercial and industrial customers till date.
Epsilon Advanced Materials completes acquisition of LFP Cathode Technology Center in Germany
Acquisition of the technology center in Germany expedites Epsilon Advanced Materials’s plans to establish a lithium-ion phosphate (LFP) cathode manufacturing plant in India, Asia’s first outside of China
Mitigating the challenges in solar project development
Developing the solar market in India has been a multifaceted journey marked by commendable achievements and occasional challenges. While the government’s support has been instrumental in fostering growth, addressing the challenges, ensuring policy stability, and promoting technological innovation will be critical to reignite momentum and achieve India’s renewable energy targets in the coming years.
Budget lays focus on residential rooftop solar, EV infrastructure
Finance minister Nirmala Sitharaman today tabled the interim budget for FY 2024-25 in the parliament. Budget highlights include announcements about the residential rooftop solarization scheme, viability gap funding for offshore wind, and government support for EV manufacturing and charging infrastructure.
