JSW Energy secures 445 MW of C&I renewable energy projects
JSW Energy will develop a wind-solar project for 68 MW power supply to DCM Shriram. Among other projects, it has secured a 130 MW solar power purchase agreement with Indus Tower.
Datta Infra commits INR 5,000-crore renewable energy investment in Rajasthan
Datta Power Infra has signed a Memorandum of Understanding (MoU) with the government of Rajasthan to invest INR 5,000 crore in setting up 1 GW of wind, solar, and wind-solar hybrid projects in Rajasthan.
AMPIN, Danish investor CIP expand partnership for renewable energy projects in India
AMPIN Energy Transition and Copenhagen Infrastructure Partners have expanded their existing collaboration with $300 million joint equity investments to enable the addition of 2 GWp of renewable energy projects across India. This new partnership along with the existing one will create a $2.7-3 billion renewable energy asset base in India.
Power ministry proposes amendments to tariff-based competitive bidding for solar, wind and hybrid renewable energy projects
The draft amendments released by the power ministry include a reduced PPA period of 15 years, cyber compliance by developers, and insurance surety bonds as a new instrument for establishment of earnest money deposit/performance bank guarantee.
Adani Green net profit for Q1 up 95% YoY
Adani Green Energy has reported a total income of INR 3,122 crore ($372.83 million) and consolidated net profit of INR 629 crore for the first quarter of FY 2024-25.
Avaada to develop 6 GW of hybrid wind-solar projects in Gujarat
Avaada Group has signed an agreement with the government of Gujarat to develop 6 GW of hybrid wind-solar projects with an investment of INR 40,000 crore.
Australian company launches 3 GW wind, solar tender
Australia’s CleanCo has launched an expression of interest process to add 3 GW of wind and solar generation to its portfolio.
KPI Green awarded 145.2 MW wind-solar hybrid project by Ayana
KPI Green will build the 145.2 MW wind-solar hybrid project in Gujarat. The project is scheduled to be completed in the financial year 2024-25.
SJVN tenders 1.5 GW of wind-solar hybrid power projects
Developers have until Nov. 2 to submit bids to set up 1.5 GW of wind-solar hybrid power projects on a build-own-operate basis in India.
Open-source online tool to optimize wind-solar projects
Scientists in Spain have developed a tool that optimizes the joint production of wind and solar. It combines data, patterns of solar radiation, and wind speeds over time in specific parts of Europe.
