Engie commits INR 17,200 crore investment in Gujarat
Engie will invest INR 17,200 crore towards the development of 2.5 GW of renewable energy projects by 2030 in Gujarat. It will also collaborate with the Gujarat government for decarbonization initiatives in the state.
Mahindra Susten receives ‘Water Positive Certification’ for operating solar portfolio
As per TUV India’s evaluation, Mahindra Susten’s operating renewable energy portfolio of more than 1.5 GW commands a score of 15 (Positive) on the Water Footprint Index implying that water recharged is 15 times over what was consumed.
Apraava Energy secures 250 MW solar power project in Rajasthan
Apraava Energy has secured a 250 MW interstate transmission system (ISTS) connected solar energy project from National Hydroelectric Power Corp. (NHPC). The project, located in Rajasthan, will supply power under a 25-year power purchase agreement with NHPC.
Rain insufficient for removing tree pollen from solar panels
An analysis by NREL in North Carolina reveals that various types of tree pollen can reduce solar panel efficiency by over 15%. Unlike the immediate improvements assumed to follow heavy rain, recovery of performance post-pollen season is gradual. Manual cleaning post-rain can boost performance by 5% to 11%.
Global solar irradiance ‘relatively stable’ in 2023, says Solargis
With global irradiance above average in Australia, Southeast Asia and Europe, and stable in the United States, solar data provider Solargis says stakeholders should focus on the stability of power grids, while navigating solar financing complexities in developing economies and supply chain capacities in 2024.
India installed 10 GW of solar capacity in 2023
India added about 6.5 GW of new utility-scale solar capacity in the Jan.-Dec. period of 2023. Capacity addition from rooftop installations was 3 GW. Around 500 MW was installed in the off-grid/distributed solar segment.
Ayodhya set to become UP’s first solar city
The temple town of Ayodhya’s 40 MW solar plant will become fully operational by March 2024. In rooftop PV, a total capacity of 1,073 kW has been established on residential, commercial, and industrial buildings in the city. Solar-powered boats, water kiosks, and streetlights showcase Ayodhya’s dedication to harnessing solar energy across diverse sectors.
Adani Green Energy to invest in pumped storage plants in Tamil Nadu
Adani Green Energy will invest INR 24,500 crore in setting up three pumped storage plants with a cumulative capacity of 4.9 GW in Tamil Nadu.
IndiGrid signs agreement to acquire 300 MW (AC) solar assets from ReNew
IndiGrid has executed the share purchase agreement to acquire ReNew Solar Urja Pvt Ltd from ReNew Solar Power, which operates a 300 MW (AC) solar project in Rajasthan. The acquisition is to be done a total enterprise value of INR 1,650 crore ($199 million) including net working capital and cash.
Sunsure Energy to build 300 MW of solar, 200 MW wind power plants in Tamil Nadu
Sunsure Energy has signed a Memorandum of Understanding (MoU) with the Government of Tamil Nadu to develop 300 MW of solar and 200 MW wind power projects with a cumulative investment of INR 3,150 crore.
