India launched 73 GW of utility-scale renewable tenders in 2024
Non-vanilla technologies, such as wind-solar hybrids and battery energy storage, accounted for half of the utility-scale renewable energy capacity tendered in 2024.
Solar, batteries and wind to make up 93% of 2025 U.S. electricity capacity deployments
The Energy Information Administration projects that 32.5 GW of solar power, 18.2 GW of energy storage, and 7.7 GW of wind generation will be deployed this year, accounting for nearly 93% of total new capacity, which is expected to reach a record 63 GW.
Adani Green Energy refinances $1.06 billion construction facility
Adani Green Energy Ltd (AGEL), India’s largest renewable energy company, announced that it has refinanced its maiden construction facility with outstanding of $1.06 billion taken in 2021 to develop India’s largest solar-wind hybrid renewable cluster in Rajasthan.
Adani Green Energy surpasses 12 GW renewable energy capacity
Adani Green Energy Ltd (AGEL) has surpassed a record 12 GW of operational portfolio with the recent commissioning of an additional 275 MW solar capacity at its 30 GW renewable energy plant under development at Khavda, Gujarat.
Tata Power to develop 5 GW of renewable energy, storage projects in Assam
Tata Power will build 5 GW of renewable energy (solar, wind, and hydro) and storage plants with an investment of INR 30,000 crore over the next five years.
NTPC commits over INR 2 lakh crore investment in Madhya Pradesh
NTPC and its arm NTPC Green Energy Ltd (NGEL) have signed agreements with Madhya Pradesh government to set up renewable projects based on solar, wind, pump hydro and other carbon neutral energy sources in the state.
Adani moves to allay fundraising fears
Following the indictment of its chairman, Gautam Adani, in the United States over bribery allegations, questions are being asked about Adani Group’s ability to raise capital. With the charges related to solar, India’s PV industry has wider concerns. Adani Group refutes the allegations and says it is as robust as ever.
Sineng Electric supplies central inverters for ArcelorMittal Nippon Steel’s RE project in Andhra Pradesh
Sineng Electric supplied 184 units of its 3.3 MW central inverter (EP-3300-HB-UD), delivering a cumulative capacity of 606 MW AC.
Juniper Green raises $1 billion in debt financing to expand its clean energy portfolio
Juniper Green Energy has secured $1 billion in phased debt financing to support the development of wind-solar hybrid and firm & dispatchable renewable energy (FDRE) projects.
Blueleaf, Jakson partner for 1 GW of solar projects in Rajasthan
Blueleaf Energy and Jakson target to jointly develop over 5 GW of renewable energy projects in India. The first project under the partnership is a 1 GW solar portfolio in Rajasthan, which benefits from 25-year power purchase agreements secured with the Solar Energy Corp. of India, NHPC, and Rajasthan Urja Vikas Nigam Ltd.
