Uma Gupta
NTPC’s 1.2 GW solar auction draws lowest bid from BPCL
NTPC’s 1.2 GW solar auction has attracted the lowest tariff of INR 2.55/kWh from oil and gas major Bharat Petroleum, which secured 150 MW of project capacity.
Waaree Energies approves investment in 300 MW electrolyzer, 3.5 GWh lithium-ion battery cell units
Waaree Energies’ board of directors has approved investment in setting up a 300 MW electrolyzer manufacturing plant and a 3.5 GWh Lithium-ion battery cell manufacturing plant.
Bihar receives INR 90,734 crore investment proposals in renewable energy
Ashoka Buildcon, HPCL, NHPC, NTPC Green, SJVN, Sun Petrochemicals and Surya International are among companies that have signed memorandum of understanding with the state government for investment in renewable energy
The Hydrogen Stream: Ashoka Buildcon commits INR 9,000 crore investment in Bihar
Maharashtra-based construction engineering company Ashoka Buildcon has committed an investment of INR 9,000 crore in setting up a green hydrogen production plant in Bihar.
Neuron Energy ties up for two-wheeler battery production
Neuron Energy, an EV battery manufacturer in India, has partnered with a two-wheeler original equipment manufacturer (OEM) to establish a facility with a capacity to produce 3,000 battery packs monthly with a total energy output of 100 MWh. Over the next two years, the partnership aims to boost this capacity to 150 MWh through an investment of INR 150 crore.
Sterling and Wilson Renewable Energy secures solar project worth INR 1,200 crore
Sterling and Wilson Renewable Energy has secured the contract for engineering, supply (except PV modules) and construction of a 500 MW (AC) solar PV plant in Gujarat. The contract includes comprehensive operation and maintenance support for three years
Solarium Green gets BSE nod for SME IPO
Solarium Green Energy, a solar EPC solutions provider, is set to open for public subscription. The proceeds from the public issue will be used to meet the company’s working capital requirements and to address general corporate purposes.
Madhya Pradesh to meet 50% of its power needs through solar energy by 2030: Chief minister Mohan Yadav
Madhya Pradesh chief minister Mohan Yadav also dedicated 880 MW Agar and Neemuch solar projects built at a cost of INR 3,520 crore in Agar-Malwa district.
Waaree starts solar module production at its USA facility
Waaree Solar Americas has started trial production of PV modules at its facility in Texas. The facility is set to fully commission its Phase-1 manufacturing capacity of 1.6 GW in the next few months.
India’s solar PV cell manufacturing capacity to reach 60 GW by FY 2027
India’s solar cell manufacturing capacity will reach 60 GW by FY 2027 from 8 GW as of March 31, 2024. The resultant capacity growth will make India a surplus market, given the annual module requirement of 40-50 GW, necessitating that the domestic players tap the export markets.
