NTPC allocates 1,584 MW of renewables-plus-storage at $0.056/kWh
The winning developers will set up renewable energy projects backed with energy storage system to supply firm and dispatchable renewable energy. The projects are to be developed on a build-own-operate basis.
NTPC launches 1 GW wind-solar hybrid tender
The prospective developers will set up wind-solar hybrid power projects, connected to the interstate transmission system, to supply the power generated to NTPC.
NTPC allocates 1.5 GW of wind-solar hybrid projects at $0.040/kWh
Axis Energy, Juniper Green Energy, ReNew and Acme have emerged winners in NTPC’s auction for 1.5 GW of interstate transmission grid connected wind-solar hybrid projects. The average price discovered is INR 3.30 ($0.040)/kWh.
India’s coal sector aims to ramp up renewable energy capacity to over 9 GW by 2030
Presently, the combined solar capacity installed by leading coal companies stands at around 1.7 GW, supplemented by an additional 51 MW from wind mills.
SECI allocates 480 MW renewables-plus-storage at $0.068/kWh
The winning developers will set up renewable energy projects backed with energy storage system to supply firm and dispatchable RE power in a demand-following manner.
Adani Green switches on 1 GW of the 30 GW Khavda renewable energy park
Adani Green Energy Ltd has operationalized 1 GW of solar capacity at Gujarat’s planned 30 GW Khavda RE park in less than 12 months of commencing the work at the site. This is the fastest such greenfield solar capacity addition in India’s renewable sector.
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.
Nepal seeking consultants for power system expansion, including solar
Nepal is seeking consultants to expand its power system, which includes building more than 200 kilometers of new transmission lines, upgrading existing ones, and constructing solar and solar-wind hybrid energy systems for remote areas. The deadline for expressing interest is Feb. 27, 2024.
India needs INR 30 lakh crore investment during FY 2024-30 to meet its COP Climate Pledges: IREDA CMD
The investment is required in building capacities across solar, hydro, wind, and waste-to-energy sectors, green hydrogen (including electrolyzers), batteries, and transmission.
Adani Green begins generation from the world’s largest renewable energy park
Adani Green Energy Ltd has operationalized the first 551 MW solar capacity of the planned 30 GW renewable energy park at Khavda, Gujarat, by supplying power to the national grid.
