Renewable energy project acquisitions jumped by more than 300% in value terms in 2021
The growth in acquisitions was supported by conducive global financial conditions and accommodative monetary policy maintained by the Reserve Bank of India.
How round-the-clock renewables point to optimum use of energy generation and infrastructure
Amid the troubles of the coal-dominated grid, variable renewable energy has a place in ensuring reliable supply
Adani Green Energy signs 4,667 MW of solar PPA with SECI
With this, the developer has signed the power purchase agreement for 5,534 MW out of the total 8 GW capacity won in the manufacturing linked solar tender by the Solar Energy Corporation of India.
Over 90% of India’s solar and wind projects received investment-grade ratings in 2020
An analysis by the CEEW Centre for Energy Finance reveals that India’s renewable energy sector has made significant progress on the back of policies that have helped mitigate several risks for solar and wind project investors.
Tata Power awarded India’s largest solar and battery storage project
Tata Power Solar has secured the engineering, procurement, and construction contract for a 100 MW solar field with a 120 MWh battery. The project, awarded by the Solar Energy Corporation of India, will be in Chhattisgarh.
JSW Energy to re-organize renewable and thermal businesses
The private-sector power producer will group its renewable energy business under wholly-owned arm JSW Neo Energy as it targets growth in renewable energy generation, energy storage, and green hydrogen business.
Round-the-clock tenders can help India meet demand for firm renewable power
A report has stated the renewable-plus-fossil fuel model is the best short term option to meet the assured supply conditions in the Solar Energy Corporation of India’s round-the-clock power tenders. Further out, as the cost of batteries decline, that technology is likely to become the most viable option for providing critical, non-intermittent power.
Azure Power lands 600 MW solar contract from SECI
The generation capacity is part of an overall 4 GW secured by the developer in a manufacturing-linked PV tender held by the national solar body.
Land, power evacuation plan for 10 GW renewable energy project in Ladakh
Power minister recently chaired a meeting to discuss land availability and power evacuation plan for the 10 GW hybrid renewable energy project in the Leh district of Ladakh.
Prime minister Narendra Modi to lay foundation stone of 600 MW solar park in Jhansi
State-owned hydropower producer THDC and the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) will develop the solar park in the Jhansi district of Uttar Pradesh through a joint venture with an equity participation ratio of 74:26.
