Coal power plants to thrive at 65% PLF despite surge in renewables
Strong operating cash flows will support credit profiles of private coal-based plants.
Gensol, Matrix partnership wins EPC for NHPC’s green hydrogen mobility station in Kargil
Gensol Engineering will develop a grid-connected, ground-mounted solar plant to supply power to the hydrogen refueling station. Matrix Gas & Renewables Ltd will oversee the engineering, procurement, and commissioning of electrolysers.
Websol’s 600 MW solar cell line to start production in January
Websol Energy Systems is setting up a 600 MW mono PERC solar cell line and plans to scale it to 1.8 GW in the future. It said the new line will start production in January next year.
Adani Electricity powered Mumbai with 100% renewables on Diwali
Adani Electricity Mumbai Ltd met the electricity needs of its customers in Mumbai entirely from renewable sources, including solar and wind, for an uninterrupted four hours on Diwali.
Uttar Pradesh to invite bids for 7 GW of solar power projects
The state will launch a tender for 4 GW of solar projects soon, with an additional 3 GW to be auctioned subsequently.
India’s solar installations surpass 72 GW
India has installed an overall 72,018 MW of solar capacity as of Oct. 31, 2023. Grid-connected solar rooftops account for 15.38% of the cumulative installations.
Genus Power’s order book exceeds INR 19,000 crore
The company expects a steady and significant increase in order volumes in the upcoming months of the fiscal year 2024 as numerous state electricity boards have commenced the bidding process to procure smart meters.
SJVN wraps up 1.5 GW renewables, storage tender with $0.053/kWh tariff
Seven developers secured a cumulative 1.184 GW in SJVN auction for the supply of 1.5 GW of firm and dispatchable power. The winning developers will build renewable power projects supplemented with energy storage system to ensure the power supply.
India Ratings maintains stable outlook for solar projects in FY 2024
The significant fall in solar module prices over the last six months is positive for under-construction projects.
Solar energy as the change maker in rural India
To scale the adoption of clean technologies in rural areas, we need to focus more on leveraging the experience of early women adopters. We should organise hyperlocal events and demos – create spaces for women to network and become aware.
