Arctech has signed tracker supply deals with Sterling & Wilson and Torrent Power for solar projects in Rajasthan and Gujarat, respectively.
India added 518 MW of new open-access solar capacity in the Jan.-March period of 2023, compared to 308 MW installed in the previous three months.
Industry body India Hydrogen Alliance has submitted a plan to the government to build five large national green hydrogen corporations with a collective enterprise value of $5 billion by 2030. The plan shows public finance support, in the form of CAPEX and offtake incentives for National Green H2 Hubs, is crucial for creating financially viable green hydrogen infrastructure, especially in the initial 2024-30 period.
India’s Waaree Energies has been recognized as Top Performer after its solar modules met international quality and performance benchmarks set by PVEL.
Tata Power Renewable Energy will develop a solar project for captive consumption by Princeton Digital’s data center in Mumbai, Maharashtra. The project will be located in the Nanded district.
Serentica Renewables has placed orders with renewable energy solutions providers like Amara Raja Power Systems, Envision, EverRenew, Jinko Solar, Rays Power, Sterling & Wilson, Siemens Gamesa, and Trina Solar.
The Gujarat-based developer has secured the letter of intent from Anupam Rasayan India to build a 40 MW wind-solar hybrid project for captive consumption.
ReNew Energy Global posted a net loss of $61 million for FY 2022-23, compared to $196 million for FY 2021-22.
Torrent Power has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra to develop a cumulative 5.7 GW of pumped hydro storage capacity in Maharashtra.
The state-owned hydropower producer is exploring pumped storage development in Andhra Pradesh, Jharkhand, Karnataka, Madhya Pradesh, Maharashtra, and Odisha.
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