ReNew crosses 10 GW of gross renewable energy assets
ReNew surpassed a cumulative installed renewables capacity of 10 GW as on March 31, 2024. Out of this, the company added 1.94 GW of RE assets (1,174 MW of solar and 768 MW of wind energy) in FY 2023-24.
India expected to install more than 20 GW of solar this year: JMK Research
India’s annual solar installations in 2024 will surpass 20 GW, with 15.9 GW of capacity likely to be added in the utility-scale segment and 4.2 GW on rooftops, says a new report by JMK Research.
NTPC allocates 1,584 MW of renewables-plus-storage at $0.056/kWh
The winning developers will set up renewable energy projects backed with energy storage system to supply firm and dispatchable renewable energy. The projects are to be developed on a build-own-operate basis.
NTPC, SECI allocate 1.5 GW of solar each at average price of $0.031/kWh
The solar auctions concluded recently by NTPC and SECI have yielded an average final price of $0.031/kWh.
NTPC allocates 1.5 GW of wind-solar hybrid projects at $0.040/kWh
Axis Energy, Juniper Green Energy, ReNew and Acme have emerged winners in NTPC’s auction for 1.5 GW of interstate transmission grid connected wind-solar hybrid projects. The average price discovered is INR 3.30 ($0.040)/kWh.
SECI allocates 480 MW renewables-plus-storage at $0.068/kWh
The winning developers will set up renewable energy projects backed with energy storage system to supply firm and dispatchable RE power in a demand-following manner.
IndiGrid completes acquisition of 300 MW solar power plant
IndiGrid’s solar portfolio crosses 1 GWp capacity with the acquisition of a 300 MW solar plant in Rajasthan.
ReNew posts $43 million profit in the first nine months of FY 2024
ReNew reported a total income of $870 million and net profit of $43 million in the first nine months of FY 2024.
The Hydrogen Stream: ReNew begins work on 1.2 mmtpa green ammonia plant in Odisha
ReNew E-Fuels is developing a green ammonia plant with a production capacity of 1.2 mmtpa (million metric tonnes per annum) in the Indian state of Odisha.
The Hydrogen Stream: India’s Maharashtra signs MoUs for green hydrogen projects worth over $33.2 billion
NTPC Green Energy, ReNew, Avaada, JSW Energy, Welspun Godavari GH2, INOX Air Products, and Larsen & Toubro Green Energy have committed huge investments in setting up green hydrogen production capacities in the Indian state of Maharashtra.
