Open access (offsite) solar installations in the first nine months (9M) of calendar year 2024 were almost 69% up compared to 2.8 GW installed in 9M 2023.
Servotech Power Systems has secured the order to deploy rooftop solar plants in sizes of 1 kW-1,500 kW, aggregating to 5.6 MW, at government offices, colleges, buildings, hospitals and institutions across the state.
A strong pipeline exists, and SBICAPS expects cumulative 50 GW of solar and wind additions in FY 2025 and FY 2026.
India’s installed power generation capacity hit 453 GW as of September 2024 with renewables (including large hydro) contributing 45%.
A new study by Germany’s Federal Highway Research Institute (BASt) points to strong potential for solar deployment across the nation’s roadways and highways.
The solar addition in the Jan.-Sep. period of 2024 topped all previous nine-month and annual installations.
Fourth Partner Energy will set up and operate a 75 MW solar power plant and a 42.9 MW wind power plant in Tamil Nadu for consumption by Hyundai Motor India under 25-year power purchase agreement.
ReNew Energy Global (ReNew) has reported a total income (or total revenue) of INR 29,887 million ($357 million) and net profit of INR 4,939 million ($59 million) for the second quarter of FY 2024-25.
The collaboration will focus on enhancing knowledge exchange on market-based mechanisms and fostering cooperation between India and renewable hydrogen importing countries.
Transitioning the steel industry to green hydrogen will be a complex journey, but the groundwork is already being laid. India’s pilot projects, along with sustained investment in renewable energy and hydrogen infrastructure, create a strong foundation for a cleaner future.
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