Amp Energy wins CESC’s 150 MW wind-solar auction
Amp Energy India has won West Bengal discom CESC’s 150 MW wind-solar hybrid power auction at a tariff of INR 3.07 ($0.037)/kWh.
Renewables, hydro now account for over 40% of India’s installed power capacity, says CEEW-CEF
India reached a cumulative installed power generation capacity of 416 GW as of March 2023. Renewables formed 30% and hydro 11% of the capacity mix.
India’s optimal electricity generation mix for 2029-30
A new study by Central Electricity Authority assesses the least-cost, optimal generation capacity mix to meet India’s projected electricity demand for the year 2029-30.
Adani Green to commission 3 GW of renewable energy capacity this fiscal
The developer has reached either financial closure or binding term sheets for about 1.1 GW of this upcoming 3 GW solar and wind energy capacity.
Commissioning extension for solar projects only on case-by-case basis, says MNRE
Solar Energy Corp. of India, NTPC, and NHPC would examine developers’ requests for an extension to their solar and wind-solar projects on a case-by-case basis. The extension would be granted only if the developer has taken all possible measures to implement the project (such as land acquisition and order for module/balance-of-system supply) but couldn’t complete it for reasons beyond his control.
Adani Green Energy doubles profit in FY 2022-23
Adani Green Energy has reported a profit after tax of INR 973 crore in FY 2022-23, almost 100% up from INR 489 crore in FY 2021-22.
Potential locations for solar, wind hybrid projects in India
Indian scientists have created a hybrid power exploitability index to identify optimal locations for constructing new solar and wind hybrid power plants. They have evaluated retrofitting existing standalone plants and have discovered that all but one of the eight plants could be hybridized, with up to a 400% annual increase in power output.
Serentica Renewables secures additional $250 million from KKR
US investor KKR’s latest investment builds on its $400 million commitment to Serentica Renewables last year.
SECI wraps up 1.2 GW hybrid wind-solar tender with INR 4.64-4.73/kWh tariff
Solar Energy Corp. of India has published the winners of 1.2 GW of hybrid wind-solar projects, paired with energy storage for assured peak power supply. The lowest tariff awarded was INR 4.64 ($0.057)/kWh.
NTPC secures 500 MW round-the-clock renewable power supply project
NTPC Renewable Energy has secured a 500 MW round-the-clock renewable power supply project from REMCL, a joint venture of the Ministry of Railways and RITES Ltd
