SECI launches 1.2 GW wind-solar hybrid tender
The Solar Energy Corp. of India (SECI) has invited bids to build 1.2 GW of wind-solar hybrid power projects on a build-own-operate basis anywhere in India. The projects must connect to the interstate transmission grid. Bidding closes on March 29.
Fitch assigns Adani Green’s proposed USD notes ‘BBB- (EXP)’ rating with Stable outlook
Fitch Ratings has assigned Adani Green Energy Ltd Restricted Group 1’s proposed $409 million senior secured notes due 2042 an expected rating of ‘BBB-(EXP)’ with a stable outlook.
JSW Energy secures LoA for 700 MW solar capacity from SJVN
JSW Neo Energy has secured the letter of award for setting up 700 MW of solar capacity on a build-own-operate basis and supplying the power under a 25-year PPA with SJVN.
SJVN secures 300 MW solar power usage agreement with Jammu & Kashmir Power Corp. Ltd
SJVN Green Energy Ltd will supply 300 MW of solar power to Jammu & Kashmir Power Corp. Ltd from its under-construction 1 GW PV project in the Bikaner district of Rajasthan.
Gensol Engineering secures 422.5 MWp of solar projects
Gensol Engineering has secured the EPC contracts for a 350 MW DC solar power project in Rajasthan and a 72.5 MW DC PV plant in Maharashtra.
NTPC declares commercial operation of 70 MW solar plant in Rajasthan
NTPC has declared that NTPC REL’s first solar project at Chhattargarh in Rajasthan has started commercial operation of 70 MW. With this, NTPC Group’s installed capacity has reached 73,958 MW.
IndiGrid completes acquisition of 300 MW solar power plant
IndiGrid’s solar portfolio crosses 1 GWp capacity with the acquisition of a 300 MW solar plant in Rajasthan.
The rise of green finance: Financing the future of renewable energy in India
India has witnessed a surge in solar and wind energy projects, backed by investments from both domestic and international sources. Green finance plays a pivotal role in funding these projects.
BloombergNEF says global solar installations could hit 574 GW this year
BloombergNEF says in a new report that developers deployed 444 GW of new PV capacity throughout the world in 2023. It says new installations could reach 574 GW this year, 627 GW in 2025, and 880 GW in 2030.
ACWA Power, L&T select Nextracker for 1.17 GW solar plant in Saudi Arabia
ACWA Power’s 1.17 GW Al Kahfah solar power project in Saudi Arabia will deploy Nextracker’s NX Horizon-XTR all-terrain solar tracker systems. Larsen & Toubro (L&T) is the EPC provider for the PV plant.
