Uma Gupta
ReNew Power to acquire 359 MW of solar, hydropower assets
The Haryana-based developer has agreed to acquire 260 MW of operating solar projects in Telangana and a 99 MW hydropower project in Uttarakhand for around INR 28.5 billion (US$ 384 million).
Sterling and Wilson Solar announces Q1 FY2022 results
The company’s revenue from EPC and operations and maintenance business stood at INR 1,195 crore, a 12% growth over the same period in the previous fiscal year. The gross margins remained suppressed owing to an increase in module and commodity prices.
Prime minister Narendra Modi announces National Hydrogen Mission
The prime minister said green hydrogen would play a significant role in achieving India’s decarbonization goals. He also announced the nation’s ambitions to become a global hub for green hydrogen production and export.
The long read: Battery gigafabs in India
India’s solar module makers have built a strong track record, and now the country is set to see vast battery facilities developed. A look into ambitious manufacturing projects and the wider enabled ecosystem.
Coal India Limited arm tenders 75 MW DC solar for self-consumption
Bids are invited to build the solar project in ‘design-build-demonstrate-transfer’ mode anywhere in Odisha. The electricity produced will be utilized for captive consumption of Mahanadi Coalfields Limited through long-term open access. Bidding closes on September 1.
Azure Power issues US$414 million green bond at 3.575% coupon rate
The New Delhi-based independent power producer has issued its third green bond as it looks to raise US$414 million. The coupon rate is the lowest ever for any renewable energy company in India.
Tata Power commissions 100 MW solar project in Gujarat
The latest addition takes Tata Power Renewable Energy’s total installed capacity to 2,797 MW, including 1,865 MW of solar and 932 MW wind.
The substantial sustainability benefits of smart meters
Power generated by renewable sources and corresponding action taken by business layers is not predictable. So it’s imperative that the latest controls are leveraged in the service of smart grids.
India hits 100 GW renewables milestone
Solar’s share in the installed 100 GW renewable energy capacity stands at around 44%, and wind’s 40% as per the data available with the Central Electricity Authority.
Tata Power lands 50 MW/50 MWh solar-plus-storage project in Ladakh
The company’s arm Tata Power Solar has received the notice of award to build a 50 MW (DC) solar plant integrated with a 50 MWh battery energy storage system at Phyang village in the Leh district. The project’s order value is approximately ÌNR 386 crore (US$ 52 million).
