ReNew secures $1 billion loan for 1.3 GW renewables project
ReNew Power, a Nasdaq-listed Indian developer, has secured $1 billion in external commercial borrowings for a 1.3 GW wind-solar energy project, backed by up to 100 MWh of battery storage. The project is co-owned by Japanese investor Mitsui and will supply round-the-clock power under a 25-year power purchase agreement.
Tata Power wins 600 MW wind-solar hybrid project in Karnataka
Tata Power arm TP Saurya has secured the letter of award to build a 600 MW wind-solar project in Karnataka. This project is the latest addition to the company’s hybrid power portfolio after winning a 300 MW capacity from Maharashtra State Electricity Distribution Company Ltd last year.
India’s first grid-scale storage tenders to spur investment, domestic manufacturing
If Solar Energy Corp. and NTPC can successfully execute tenders for standalone energy storage systems, it could drive investment, support domestic manufacturing, and facilitate the development of new business models, according to a newly released report.
DVC seeks EPC contractors for 30 MW of floating solar
State-owned Damodar Valley Corp. (DVC) is seeking contractors to install and commission 30 MW of grid-connected floating solar capacity at its thermal power stations in Jharkhand and West Bengal. Bidding closes on Aug. 1.
NTPC now operating 35 MW portion of 56 MW Kawas solar project
State-run power generator NTPC has switched on 15 MW of capacity at the 56 MW Kawas solar project in Gujarat, following the commissioning of 20 MW in May.
O2 Power switches on 250 MW solar project in Rajasthan
The project is located in the Jaisalmer district and benefits from a 25-year power purchase agreement with Solar Energy Corporation of India.
Mahindra Susten commissions 175 MW of solar in Rajasthan
Mahindra Susten has switched on 175 MW (AC) of its 250 MW solar project in Bikaner district, Rajasthan. The massive installation, which uses bifacial modules, will supply electricity to Solar Energy Corp. of India over a period of 25 years at a price of INR 2.54 ($0.03)/kWh.
SCCL tenders EPC contract for 22 MW solar plant
SCCL is tendering an engineering, procurement and construction contract for a grid-interactive solar plant at Singareni Collieries Company’s Ramagundam site in Telangana. Bidding closes on June 15.
ReNew Power signs PPAs for 2 GW
NASDAQ-listed ReNew Power has signed power purchase agreements for 1.5 GW of new utility-scale PV capacity in Rajasthan. It will also build around 0.5 GW of renewables for corporate customers.
SECI tenders 500 MW/1,000 MWh of battery storage projects in Rajasthan
Global bids are invited to develop a cumulative 500MW of battery energy storage system facilities on a ‘build-own-operate-transfer’ (BOOT) basis in the Indian State of Rajasthan. The proposed plants can be set up in two projects of 250MW size, each with the capacity to store at least two hours of electricity. Bidding closes on June 10.
