Grew Energy secures 200 MW in SECI’s 400 MW solar PV module auction
Grew is amongst three MNRE approved manufacturers to win the mandate to manufacture, test, package, forward, supply and transport solar PV modules.
ReNew, Japan’s JERA partner for green ammonia project in India
The green ammonia project to be developed in Paradip, Odisha, will have a green ammonia production capacity of around 100,000 tons per year by 2030. JERA will be the offtaker for the project.
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.
