NTPC, ONGC to collaborate for renewable energy projects
NTPC Green Energy Ltd and Oil and Natural Gas Corp. Ltd (ONGC) have signed an agreement to collaborate in various areas of renewable energy (including energy storage, green hydrogen and its derivatives) in India and overseas.
India’s green hydrogen will be the cheapest in the world: Power minister
Already 5.8 million tons of green hydrogen manufacturing capacity is in different stages of installation in India, said power minister R.K. Singh at a summit in New Delhi recently.
India needs $15 trillion to achieve net zero by 2070, says FICCI-Deloitte report
To decarbonize the grid, India needs to add 40-50 GW of grid-scale renewable energy (solar and wind) capacity every year for the next few decades and phase out coal.
IIT Mandi researchers evaluate solar plants across different climatic zones in India
Researchers at IIT Mandi evaluated seven NTPC solar PV plants across different climatic zones on economic, technical, environmental, and connectivity parameters. They used a fuzzy multi-criteria decision-making method to compare these solar PV plants and said the methodology would assist decision-makers in identifying suitable sites for solar power plants.
Tata Power, Dugar Group tie up on solar deployment in Nepal
Tata Power Renewable Energy Ltd (TPREL) and Dugar Power have partnered to deploy a range of on- and off-grid solar energy solutions in Nepal.
Benchmarks for solar energy data, methods
The lower the uncertainty in solar resource data, the lower the investment costs. IEA PVPS Task 16 has organized and published two benchmarks to make uncertainty of models and data comparable – a first important step. The benchmarks included modeled solar resource data and methods to fill gaps in measurements.
TotalEnergies to invest $300 million in new joint venture with Adani Green Energy
Adani Green Energy Ltd and French company TotalEnergies have agreed to create a new 50:50 joint venture (JV) with a 1,050 MW portfolio of solar and wind assets. TotalEnergies will make an equity investment of $300 million in the JV.
SJVN tenders 1.5 GW of wind-solar hybrid power projects
Developers have until Nov. 2 to submit bids to set up 1.5 GW of wind-solar hybrid power projects on a build-own-operate basis in India.
SJVN to get PFC loan for 70% of over $14.2 billion renewables, thermal projects
SJVN is setting up renewable energy, thermal power and other projects at a total cost of about INR 118,826 crore ($14,276 million). The MoU with PFC will allow it term loan financial assistance at around 70% of the project cost.
PFC Consulting launches 1.25 GW solar tender
PFC Consulting Ltd has invited bids to develop 1.25 GW of solar projects, connected to the interstate transmission grid, on a build-own-operate basis in India. Bidding closes on Oct. 12.
