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Bidding extended for 20 MW solar-plus-storage in Ladakh

The Solar Energy Corporation of India has issued amendments to the procurement and extended the bidding deadline by two weeks.

Virescent assigned provisional ‘AAA’ rating for its renewable energy InvIT

The renewable energy infrastructure investment trust (InvIT) proposed to be launched by KKR-backed Virescent Infrastructure aims to achieve approximately 1.5 GW of assets in the next three years. Its initial portfolio will comprise nine solar energy projects with an aggregate capacity of about 400 MWp. 

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India eyes 10 GW of ingot-to-module solar factory capacity within two years

Under a production-linked incentive scheme, the government will reward manufacturers for building vertically integrated PV production lines. The scheme aims to attract 10 GW of production capacity by April 2023.

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KPI Global signs power supply agreements for 13.15 MW solar projects

The Gujarat-based solar developer has signed power supply agreements with nine different industrial customers for PV projects aggregating to 13.15 MW. 

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India has the opportunity to build a new energy future 

India is set to see the largest increase in energy demand of any country over next 20 years, a new International Energy Agency (IEA) report says, highlighting potential for policies and investment to accelerate clean energy transition.

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Waaree lithium batteries run electric forklifts at Chennai airport

The energy storage system arm of Waaree Group has designed and developed Lithium batteries to power ACE Ltd’s electric forklifts running at Chennai airport.

Amp Energy India powers L&T Metro Rail Hyderabad with solar

The developer has commissioned a 7.805 MW solar plant for Larsen & Toubro’s metro rail project in Hyderabad. Touted to be one of the largest behind-the-meter solar projects in India, the plant will supply electricity to the metro project’s 24 stations and two depots.

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Agartala airport to get 2 MW solar plant

Bidders have until February 22 to lodge their interest to develop the ground-mount, grid-connected solar plant with net metering. Technical and commercials bids will open on February 23.

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Tamil Nadu could save INR 35,000 crore with shift from coal to renewables

A new report suggests that the State shut down 3.1 GW of old coal plants and replace the lost generation with renewables. It also advocates switching from expensive power (tariffs > INR 4/kWh) to renewable energy (which now costs INR 3/kWh or less) and halting the construction of new coal plants.

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Kalpataru Power Transmission acquires controlling stake in Brazilian EPC firm Fasttel

The Indian multinational has acquired a 51% stake in Brazilian company Fasttel Engenharia Ltd that specializes in engineering, procurement and construction (EPC) of power transmission, substation and distribution services.

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