India’s green hydrogen push presents a $125 billion investment opportunity by 2030: Avendus Capital
Avendus Capital’s latest report on green hydrogen estimates cumulative investments of $125 billion by 2030, across the value chain spanning electrolyzer production, renewable energy generation, and green hydrogen and green ammonia production in India.
Airtouch Solar secures $6 million cleaning robot contract with Adani Green Energy
Airtouch Solar has secured a third order from Adani Green Energy Ltd (AGEL) in a span of nine months. The company will deploy its latest AT 4.1 series water-free cleaning robots for AGEL’s select PV sites in Rajasthan, increasing the energy output of the assets whilst saving 50 million litres of water annually.
Macquarie, Enel to deploy 749 MWh of storage for 370 MW of solar in Greece
Cero Development Hellas, a joint venture between Macquarie and Enel, has secured approval to install 749 MWh at one of the largest PV plants in Greece.
SECI allocates 1.5 GW of solar at $0.031/kWh
The winning developers will set up the solar projects on a build-own-operate basis and supply the power under a 25-year power purchase agreement with Solar Energy Corp. of India.
AMPIN Energy unveils 135 MWp solar project for Amazon Web Services
The solar plant, located in Rajasthan, is India’s first interstate transmission system (ISTS) connected PV project with a long-term commercial and industrial (C&I) offtaker.
JSW Energy to raise INR 5,000 crore via QIP
The floor price for the qualified institutional placement is set at INR 510.09 per equity share.
Adani Green Energy surpasses 10 GW of operating renewables capacity
Adani Green Energy Ltd (AGEL) has reached an operating renewable energy portfolio of 10,934 MW, consisting of 7,393 MW solar, 1,401 MW wind, and 2,140 MW wind-solar hybrid capacity.
European consortium wins 100 MW PV tender in Kosovo with $0.0524/kWh bid
A group led by Swiss construction group Orllati has won a 100 MW PV tender in Kosovo with a bid of €0.0488 ($0.0524)/kWh. The consortium has secured a lease for up to 30 years, supported by a 15-year power purchase agreement (PPA) with Kostt, the national market operator in Kosovo.
Gensol arm Scorpius Trackers hits 1 GW milestone
Scorpius Trackers provides single-axis solar tracking solutions featuring maintenance-free bearings, real-time GPS-enabled tracking, IoT (Internet of Things), and Supervisory Control and Data Acquisition (SCADA).
SJVN launches 1.2 GW renewables-plus-storage tender
SJVN has launched a tender to select developers for up to 1.2 GW of firm, dispatchable power from renewable energy projects backed with energy storage systems. The projects can be located anywhere in India. Bidding closes on May 28.
