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India

India added 6.9 GW of C&I offsite solar in 2024, up 77% YoY

India’s cumulative installed open access (offsite commercial and industrial) solar capacity reached 20.2 GW as of Dec. 31 2024 with a record annual addition of 6.9 GW in 2024

India’s annual clean power auctions hit 59 GW in 2024

2024 marks the second consecutive year in which India more than doubled its annual renewable auction volumes, says a new report by BloombergNEF.

Serentica, Hindustan Zinc expand renewable power partnership to 530 MW

Hindustan Zinc has signed a new power delivery agreement with Serentica Renewables, augmenting the contracted round-the-clock renewable power up to 530 MW from 450 MW earlier.

NTPC Group to invest INR 96,000 crore in Chhattisgarh

NTPC Ltd will invest in building 4.2 GW of nuclear, 1.2 GW of pumped storage and 2 GW of renewable energy projects in Chhattisgarh.

Group Surya secures EPC package for solar hydrogen microgrid in Ladakh

Surya International has won EPC package for a solar-hydrogen-BESS based 200 kW microgrid at Chushul, Ladakh. The project will supply round-the-clock renewable power in off-grid defense locations under extreme climatic conditions.

CERC adopts tariff for SECI’s 1.2 GW ISTS-connected solar PV power projects with energy storage systems

The tariff adoption by Central Electricity Regulatory Commission (CERC) is a critical regulatory requirement under the Electricity Act and power purchase agreements. It provides regulatory certainty to the entire bidding process and ensures the sanctity of the discovered tariff, paving the way for the successful bidders to proceed with project execution and financial closure.

Juniper Green Energy switches on 100 MW solar project for supply to Bhutan

Juniper Green Energy has commissioned a 100 MW solar project in Rajasthan that will supply electricity to Bhutan under a cross-border power agreement.

CleanMax, Osaka Gas form JV for industrial decarbonization in India

CleanMax has entered into a long-term joint venture with Japanese gas major Osaka Gas to help corporate clients in India transition to a low-carbon economy.

Avaada starts building 5 GW TOPCon solar cell, module factory in Uttar Pradesh

Avaada Electro, manufacturing arm of Avaada Group, has started building its integrated facility for 5 GW of TOPCon solar cells and modules in Greater Noida. It also opened a 1.5 GW module fab in Noida.

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Tata Power signs MoU to develop 7 GW of renewable energy projects in Andhra Pradesh 

Tata Power Renewable Energy Ltd has signed a Memorandum of Understanding (MoU) with the Government of Andhra Pradesh to jointly explore opportunities for the development of up to 7 GW of renewable energy projects, including solar, wind, and hybrid projects with or without storage solutions.

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