Juniper Green Energy and KPI Green have emerged winners in Gujarat Urja Vikas Nigam Ltd’s tender for 500 MW of grid-connected wind-solar hybrid projects. They secured 150 MW and 50 MW capacities, respectively.
Sterling and Wilson Renewable Energy’s gross unexecuted order value as on Dec. 31, 2023 stood at INR 8,750 crore.
The biggest question for the transition from the conventional practice of electricity generation to 100% eco-clean renewable energy resources is, can we maintain the electricity grid stable every minute of every day? The answer is clearly YES, and it is practical.
Torrent Power will develop 3,450 MW of solar power projects, 1,045 MW of hybrid power projects, and the solar park infrastructure for a 7 GW solar power project in Gujarat. It will also set up a 100 ktpa green hydrogen/green ammonia production facility in the state.
Avaada Group has signed an agreement with the government of Gujarat to develop 6 GW of hybrid wind-solar projects with an investment of INR 40,000 crore.
NTPC Renewable Energy, Green Infra Wind Energy, and Juniper Green Energy have emerged winners in SECI’s 2 GW wind-solar hybrid tender. The three developers have been allocated a cumulative 900 MW capacity at an average price of INR 3.19 ($0.038)/kWh.
Juniper Green Energy has signed an agreement with the state government of Gujarat to establish 1 GW of wind and solar projects in Gujarat with an investment of INR 8,000 crore ($961.75 million).
Advait Infratech will invest in the manufacturing and assembly of fuel cells and electrolyzers in Gujarat. Waaree will set up a green hydrogen/green ammonia production facility along with hybrid (solar, wind) renewable energy generation.
Torrent Power will invest INR 47,350 crore (around $5.7 billion) in green hydrogen and green ammonia production, solar and hybrid power generation, and power distribution in Gujarat.
Adani Green Energy Ltd has sold half the stake in its 1,050 MW of renewable energy projects to TotalEnergies, raising $300 million to support the development of these assets. The projects are now owned by a joint venture between the two companies.
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