Strong policy focus needed to drive pumped storage development
Despite being a mature and largely indigenous technology, pumped storage hydropower’s operational capacity in India remains very low at 3.3 GW because of the high development costs and inherent challenges in constructing these schemes.
SECI recorded over 59% jump in RE power trading volume during FY 2022-23
Solar Energy Corp. of India Ltd (SECI) traded over 35 billion units of renewable power during FY 2022-23. Revenue from power trading surpassed INR 10,000 crore.
Adani Green’s operational renewables capacity surpasses 8 GW
Adani Green now has the largest operating renewable energy portfolio in India comprising 4,975 MW solar, 2,140 MW hybrid, and 971 MW wind.
Jakson Green to develop green hydrogen refuelling station in New Delhi
The green hydrogen production, compression, storage, and distribution facility will be powered by an in-situ hybrid renewable power and storage plant.
Hybrid wind-solar power system for residential applications
Dutch startup Airturb has developed a 500 W hybrid wind-solar power system featuring a vertical axis wind turbine and a solar base hosting four 30 W solar panels. The system can be used for rooftop or off-grid applications.
KP Group and UAE’s Tristar partner on renewable energy projects
KP Group, a Gujarat-based renewable energy developer, has signed an agreement with UAE’s Tristar to jointly identify and execute wind, solar, green hydrogen, and green ammonia projects in multiple regions globally.
Vedanta arm to source 105 MW hybrid renewable power for its aluminum operations
Vedanta arm Bharat Aluminium Co. Ltd (BALCO) and Serentica Renewables India have signed a power delivery agreement for 105 MW of hybrid renewable power.
India to tender 50 GW of renewable energy capacity annually for next five years
The structured bidding trajectory will provide sufficient time to renewable energy developers to plan their finances, develop business plans and manage the supply chain more efficiently, said power minister R.K. Singh.
Larsen & Toubro wins substation package for renewable energy parks in Gujarat, Andhra Pradesh
The Indian multinational EPC solutions provider has secured substation packages for renewable energy parks at Khavda and Kurnool.
Solar and wind formed 92% of India’s electricity capacity addition in 2022
India added 13.9 GW of solar capacity and 1.8 GW of wind in 2022, which together accounted for 92% of the overall 17 GW of annual electricity generation deployment.
