India will add 45 GW of renewable energy capacity over next two fiscals, says CareEdge Ratings
India will install around 20-25 GW of new renewable energy capacity annually over the next two fiscals, driven by a healthy project pipeline and a strong bidding roadmap. The decline in solar module prices and one-year relaxation for the approved list of module manufacturers (ALMM) bode well for the capacity addition.
Serentica signs deals for 1.25 GW of round-the-clock green energy
The developer will install 4 GW of renewable energy projects comprising wind and solar capacities, supplemented with balancing solutions like energy storage. The power generated will allows its industrial customers to offset 8.5 million tonnes of CO2 emissions annually.
ReNew commissions 70 MW of C&I wind-solar projects
ReNew has commissioned a 42.8 MW renewable energy project for consumption by Sandur Manganese & Iron Ores and another 27.2 MW for Toyota Kirloskar Motor.
Thermax arm commissions wind-solar hybrid power plant in Gujarat
Thermax arm First Energy has commissioned a 45.8 MW wind-solar hybrid power plant for consumption by industrial clients.
Sterling and Wilson Renewable Energy reports strong order inflow in FY 2023
The solar and energy storage EPC provider is planning to collaborate with competent agencies for support towards development of robotic system for module cleaning, suiting to the company’s in-house designs.
Tamil Nadu must add up to 32 GW of new renewables capacity and phase down coal to meet ‘50% RE by 2030’ target
Tamil Nadu will need to add around 32 GW of solar energy capacity (or 28 GW of wind) and retire most of the existing coal power plants in the next six years to meet its 2030 target of 50% renewables in the total power mix, according to a new report by Auroville Consulting. Tha analysts assumed no change in the state’s generation of nuclear energy and gas energy in this period.
Torrent Power allotted land for 3 GW of renewable energy projects in Gujarat
The integrated power utility, which targets 5 GW of renewables capacity in the next five years, has been allotted 6,000 hectares of land to develop green hydrogen and renewable energy projects in Gujarat.
SJVN to build 5 GW of renewable energy projects in Maharashtra
The state-owned hydropower producer has signed a memorandum of understanding (MoU) with the Maharashtra State Power Generation Co. (MAHAGENCO) to develop 5 GW of renewable energy projects across hydro, pumped storage, wind, solar, hybrid, and green hydrogen technologies in Maharashtra.
Tata Power Renewable Energy to build 966 MW hybrid wind-solar project for Tata Steel
Tata Power Renewable Energy Ltd has received the letter of award to build a 966 MW hybrid RE project (comprising 379 MW solar and 587 MW wind) for captive consumption by Tata Steel.
Serentica places EPC, product orders for 1.5 GW of renewable energy projects
Serentica Renewables has placed orders with renewable energy solutions providers like Amara Raja Power Systems, Envision, EverRenew, Jinko Solar, Rays Power, Sterling & Wilson, Siemens Gamesa, and Trina Solar.
