Tata Power Renewable Energy Ltd will develop an additional 9 MW ground-mount solar plant at Tata Motors’ Pantnagar factory in Uttarakhand, taking the facility’s cumulative PV capacity to 16 MWp.
Sunsure will establish a solar power plant to supply electricity to Dabur’s factory in Ghaziabad under a 25-year purchase agreement.
India’s robust economic growth translates to rising demand for energy. This demand provides a substantial market for renewable energy investments, encouraging firms to venture into this sector. However, as the nation marches ahead in RE adoption, it needs to overcome challenges like high capital costs and inadequate grid infrastructure.
The Indian renewable energy developer recorded a net profit of INR 2,983 million ($ 36 million) for the three-month period ended June 30, 2023, compared to a net loss of INR 104 million in the corresponding period last year.
The first-of-its-kind green hydrogen mobility project at 11,562 feet will harness green hydrogen using renewable power from a co-located, dedicated solar plant of 1.7 MW.
Adani Green Energy Ltd has announced the commissioning of a solar PV cell and module manufacturing plant with a capacity of 2 GW per annum through its associate company Mundra Solar Energy Ltd. The plant is located at Mundra in the Indian state of Gujarat.
NLC India Ltd is developing the 600 MW solar PV project in GSECL Solar Park (Phase-II) at Khavda. It has invited domestic bids to provide owner’s engineer services for this project.
NLC has signed a long-term power usage agreement with Rajasthan Urja Vikas Nigam Ltd (RUVNL). Under the agreement, it will supply power from its 300 MW PV plant for the next 25 years.
AmpIn Energy Transition has started supplying power from its 30 MWp solar plant in Mishrikh, Uttar Pradesh. JK Cement is the offtaker for 10 MWp of the power produced by the plant.
The solar-powered islands of Diu and T’au have set an example for other such land masses to meet their power requirements through green energy.
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