Acme Solar has reported consolidated revenue of INR 401 crore and consolidated net profit of INR 112 crore for the quarter ended Dec. 31, 2024.
Avaada Group has committed INR 20,700 crore for setting up 1.5 GW of floating solar projects, two 1 GW pumped storage projects, and green energy equipment manufacturing units in the Indian state of Odisha.
Acme Solar has secured a power purchase agreement (PPA) with state-owned NHPC Ltd for a firm and dispatchable renewable energy (FDRE) project of 680 MW capacity.
Larsen & Toubro has been selected by Masdar as one of the preferred engineering, procurement and construction (EPC) contractors for its 5 GW/19 GWh solar-plus-storage project in Abu Dhabi.
Researchers in Italy have analyzed the techno-economic viability of enhancing three pumped hydro plants in Italy with floating PV on the lower basin. They say that, with their wide results, consequences could be extrapolated to similar regions.
BC Jindal Group has announced that its renewable energy arm, Jindal India Renewable Energy (JIRE), has won a 180 MW solar plus storage project from state-owned NHPC. The project is part of NHPC’s 1,200 MW inter-state transmission system-connected solar power projects tender with 600 MW/1200 MW energy storage systems. JIRE has bagged 180 MW of […]
NTPC REL secured a capacity of 300 MW at a tariff of INR 3.09/kWh. The project will include the establishment of an energy storage system with a capacity of 150 MW/300 MWh.
Gujarat’s commitment to balancing industrial growth with environmental sustainability is a model for other states to follow. By harnessing solar energy, advancing green hydrogen production, and promoting energy storage technologies, the state is building a robust framework for a sustainable future.
NHPC has allocated 1.2 GW of solar with 600 MW/1,200 MWh storage projects at an average tariff of INR 3.09 ($0.036)/kWh.
The 2025-26 Union Budget has the potential to be a defining moment in India’s journey toward a net-zero economy. By addressing key areas such as renewable energy, green hydrogen, sustainable mobility, and community-level projects, the government can create a robust framework for decarbonization.
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