The PV plant is situated in the Solapur district of Maharashtra. It benefits from a 25-year power purchase agreement with Solar Energy Corporation of India Limited at a fixed tariff of INR4.43 per unit.
The captive solar plant will quadruple Mahindra & Mahindra’s renewable energy share from 12% to 56% in Maharashtra. It shall be developed by ReNew Power arm on a build-own-operate basis.
The Haryana-based developer secured the solar power project from the Maharashtra utility at a tariff of INR 2.43/ kWh (US$0.033). The project will likely be located in Gujarat or Rajasthan. It shall use mono PERC modules produced from ReNew Power’s upcoming 2 GW factory in Gujarat.
The agrivoltaic project was commissioned for Gro Solar Energy under the state government’s Mukhyamantri Saur Krishi Vahini Yojana. It uses 30,300 Panasonic solar modules and string inverters, and occupies a land area of 50 acres.
The Magenta electric vehicle charging station in Mumbai has 21 AC/DC chargers, including four DC chargers of 15-50 kW capacity and 17 AC chargers of 3.5-7.5 kW capacity.
The Mumbai-headquartered commercial and industrial solar solutions provider has divested its entire stake (51%) in the 24 MW operational PV assets for INR 41.60 crore.
Distributed solar company Oorjan Cleantech has installed a 100 kWp rooftop solar plant on the high-rise towers of the Mahavir Universe Phoenix Society in Mumbai. The installation uses 230+ solar panels over a 7500-square-feet shadow-free area on the rooftop.
LNJ Bhilwara, a diversified business group with presence in graphite electrode manufacturing, has formed a joint venture with Pune-based Replus Engitech to create lithium battery solutions for both e-mobility and stationary applications. The JV aims to have 1 GWh capacity operational in Pune by mid-2022 and eventually scale it to 5 GWh by 2024.
The 6.2MWp solar carport at Tata Motors’ plant in Maharashtra spans over 30,000 square meters. It will generate 86.4 lakh kWh of electricity per year, helping to offset about 7,000 tons of carbon emissions annually.
The Global Green Growth Institute (GGGI), technical partner for the project, has also helped mobilize finance. The plant will help meet electric vehicle charging and other energy requirements on the highway.
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