SJVN Ltd will form joint ventures with Maharashtra State Power Generation Co. Ltd and Assam Power Development Co. Ltd to develop 5 GW and 1 GW of renewable energy projects, respectively.
RK Singh, union minister for power and new & renewable energy, stated recently that the dependence on coal-based generation is likely to continue till cost-effective energy storage solutions are available.
Recognizing coal’s network congestion effects and accelerating clean energy can enable the Indian Railways to better serve an expanding economy, says a new report by the Institute for Energy Economics and Financial Analysis (IEEFA).
Adani Electricity Mumbai Ltd met the electricity needs of its customers in Mumbai entirely from renewable sources, including solar and wind, for an uninterrupted four hours on Diwali.
The funding from PFC will go towards the development of Serentica’s upcoming 400 MW hybrid wind-solar power projects in Karnataka.
Avaada Energy and Al Jomaih Energy and Water (AEW) have signed a Memorandum of Understanding (MoU) to collaborate on renewable power projects, including solar, wind, hybrid, and battery energy storage solutions in the Middle East.
Technip Energies has joined hands with The Energy Consortium at the IIT Madras to develop new technologies in the energy segment.
Shell Energy India has signed a memorandum of understanding (MoU) with the Gujarat government to invest INR 3,000 crore ($363.24 million) in building a renewable energy generation plant and EV recharge stations in the state.
Hassan Allam, chief executive officer of Egypt’s Hassan Allam Holding Co., discussed cooperation with Indian companies in renewable energy and green hydrogen, during his recent meeting with India’s prime minister Narendra Modi.
Strategic acquisitions and subsequent revival of stranded thermal power plants will better serve India’s short-term energy security needs than investing in new ones.
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