Sinovoltaics updates battery energy storage system financial stability ranking
The latest financial stability ranking keeps Tesla, Mustang Battery, Kung Long Batteries, Hyundai Electric and Eaton, in the top five spots in a report that includes 55 manufacturers.
Reliance Power sets up renewables arm
Reliance Power has set up a new subsidiary, Reliance Nu Energies, for renewable energy business. Mayank Bansal and Rakesh Swaroop, who previously worked with ReNew Power, join Reliance Nu Energies as chief executive officer and chief operating officer, respectively.
NTPC Renewable Energy wins 500 MW solar in SECI auction
NTPC Renewable Energy has secured 500 MW of solar power capacity at a tariff of INR 3.52/kWh. As per the terms of the tender, the company is required to set up 250 MW/1,000 MWh of energy storage system along with the contracted solar capacity
SECI allocates 2 GW solar, storage at average price of INR 3.52/kWh
Reliance Power has secured the biggest slice of 930 MW. Other winners include NTPC Green Energy Ltd (500 MW), Hero Solar (270 MW), Sembcorp (150 MW) and Solarcraft (150 MW).
Avaada Group commits INR 1 lakh crore renewable energy investments in Rajasthan
Avaada Group will invest across pumped storage, green hydrogen, green ammonia, wind and solar power projects in Rajasthan.
The Hydrogen Stream: Gentari to supply 650 MW round-the-clock renewable power to AMG Ammonia
Gentari will set up around 2.4 GWp of solar and wind power generation capacity in India, backed with 350 MW/2100 MWh energy storage, to supply firm and dispatchable green power to AMG Ammonia’s facilities
Bolstering energy transition through green hydrogen
By offering incentives for green hydrogen production and manufacturing electrolyzers, the government of India is making it easier for players to enter this space and scale up technologies. The focus on public-private partnerships is crucial to this effort, ensuring that both the public sector and private companies collaborate efficiently to make green hydrogen a reality impacting masses.
Torrent Power raises INR 3,500 crore through QIP
Top investors include SBI Mutual Fund, Kotak MF, NPS Trust, New World Fund, American Funds Insurance Series Global Growthfund, and Nippon Life.
THDC empanels consultant for pumped storage projects across India
The empanelled company will prepare detailed projects reports for THDC’s upcoming pumped storage projects across India.
TKIL Industries enters green hydrogen in alliance with Switzerland’s SoHHytec
TKIL Industries will be SoHHytec’s exclusive partner in India to manufacture and supply specific equipment as well as implement and install direct solar-to-green hydrogen projects.
