Rapid shift to solar energy is key to enhancing MSME productivity and exports
The biggest incentive in pushing the rooftop solar projects in the micro, small and medium enterprises (MSMEs) is that it will bring a sizable part of India’s manufacturing under the green protocols. Additionally, it offers the micro-enterprises, which are jointly situated in the industrial clusters, an opportunity to unlock value by making use of their rooftops and vacant spaces for harnessing clean energy.
Avaada Energy gets LoI for 400 MW DC solar project from GUVNL
The developer won 200 MW solar capacity at a tariff of INR 2.75 ($0.034)/kWh with an additional 200 MW under green shoe option at INR 2.71 ($0.033)/kWh through competitive bidding followed by an e-reverse auction.
Adani Green ranked among top 10 RE companies globally for ESG performance
ISS ESG, the responsible investment arm of Institutional Shareholder Services, has placed Adani Green Energy Ltd (AGEL) in the ‘Prime’ B+ band for its high level of transparency
SJVN to build 5 GW of renewable energy projects in Maharashtra
The state-owned hydropower producer has signed a memorandum of understanding (MoU) with the Maharashtra State Power Generation Co. (MAHAGENCO) to develop 5 GW of renewable energy projects across hydro, pumped storage, wind, solar, hybrid, and green hydrogen technologies in Maharashtra.
Reviving stranded power plants better than investing in new thermal capacity
Strategic acquisitions and subsequent revival of stranded thermal power plants will better serve India’s short-term energy security needs than investing in new ones.
India, France discuss ISA priorities for accelerating global energy transition
In a meeting with the French delegation, India’s power minister emphasized the role of insurance for renewable energy projects, payment security mechanism, and debt financing in attracting investment into renewable energy.
Saatvik Green secures solar EPC contract for a cement major in Karnataka
Saatvik Green Energy has secured a complete solar EPC contract for an 8.08 MW DC (6.5 MW AC) solar power project in Karnataka.
India remains world’s most attractive solar market
India has retained its crown as the most attractive market for solar investment, according to the latest edition of Ernst & Young’s renewables attractiveness index.
India’s Cliantech Solutions to supply and execute 600 MW turnkey solar panel production line in UAE
Cliantech Solutions will supply and execute 600 MW turnkey PV panel production line for Dubai-based Magnus Green Solar.
India installed third most solar capacity in the world in 2022
India installed an impressive 17.4 GW of new solar capacity in 2022, retaining its third spot in annual PV capacity addition globally.
