India

The state-of-art 300 MW gas insulated substation facility, scalable to 700 MW, is the first-of-its-kind deployment of power infrastructure by any datacenter company in the Asia Pacific region.

The State-controlled renewable energy and energy efficiency lender has launched a scheme to finance new and emerging technologies that promote and increase the usage of renewable energy in the transport sector. 

Wood Mackenzie has predicted solar equipment cost increases will ease back after last year saw the average cost of solar electricity rise for the first time in the Asia-Pacific region.

Solar manufacturer Waaree Energies had filed its draft red herring prospectus (DRHP) with Sebi in September last year. Jharkhand has started getting 200 MW of solar power from Gujarat at a price of INR 2.5/kWh under a 25-year PPA with SECI.

The private-sector power producer has appointed Shersingh B. Khyalia as chief executive officer with effect from January 11, 2022.

The State-owned hydropower producer has been awarded 75 MW of grid-connected solar projects in the Jalaun district and 50 MW in the Kanpur Dehat district. Power generated from these projects shall be procured by the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) for 25 years.

Bengaluru-based Mecwin Technologies Ltd and Karnataka Vikas Grameena Bank (KVGB) have partnered to finance solar pump-sets for farmers. Adani has formed a new energy arm called Adani New Industries Limited (ANIL).

Ratings agency ICRA expects the solar boost based on the backlog of PV projects awarded by central and state electric utilities.

The developer shall use the amount raised to refinance existing debt and fund capital expenditure in renewable energy assets, among other uses. 

The Swiss PV diagnostics and predictive solutions provider has appointed Neeraj Dasila as chief technology officer (CTO), and Shankaransh Srivastava as vice president-marketing.