Power minister launches transmission system plan for over 500 GW renewables capacity by 2030
India’s Ministry of Power has chalked out a comprehensive plan for the evacuation of power from the planned 500 GW of renewables capacity by 2030. The plan envisages an additional transmission system and the installation of battery energy storage capacity.
Adani Green becomes world’s largest wind-solar hybrid power developer
The developer has commissioned a 450 MW wind-solar power plant in Rajasthan. With this, it has reached a cumulative hybrid power generation capacity of 1.44 GW.
NLC targets 6.03 GW of renewables capacity by 2030
The state-owned thermal energy giant has deployed 1,421 MW of renewable power generation capacity so far, including 1,370 MW of solar and 51 MW of wind power plants.
Applications open for incentives under second phase of solar PLI Scheme
The Solar Energy Corp. of India Ltd (SECI) has started accepting applications from solar manufacturers under the second phase of the Production Linked Incentive (PLI) Scheme with an outlay of INR 19,500 crore ($2.4 billion).
SECI launches 1.2 GW hybrid wind-solar-storage tender
Developers have until Dec. 12 to bid to set up a cumulative 1.2 GW of wind-solar-storage hybrid capacity on a build-own-operate basis, anywhere in India.
SECI tenders 50 MW rooftop solar
The Solar Energy Corporation of India Limited (SECI) has invited bids to set up grid-connected rooftop solar projects on the buildings owned by various Central Armed Police Forces under the Ministry of Home Affairs (MHA). It may also empanel the successful developers for government organizations other than the MHA. Bidding closes on November 22.
Leading RE companies’ receivables period to shrink 20% this fiscal
State-owned electricity distribution companies implementing the Late Payment Surcharge (LPS) scheme may clear dues worth INR 2,000 crore (around $250 million) this fiscal, supporting renewable energy generators to build capacity for growth and reduce leverage.
JSW Energy wins SECI tender for 1 GWh of battery energy storage systems
The private-sector power producer will set up standalone, grid-connected battery energy storage projects with an aggregate capacity of 1 GWh on a build-own-operate-transfer basis. The projects will be located in the Indian State of Rajasthan.
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.
