Adani, Greenco, ReNew, Continuum, Avaada, JBM Auto, Megha Engineering & Infrastructure Ltd, and Rajasthan Renewable Energy are amongst companies that signed the MoUs to raise funds for their clean energy projects.
NTPC Ltd has invited global bids to develop 1.5 GW of wind-solar hybrid power projects anywhere in India.
The 70 MW wind-solar hybrid plant in Gujarat will supply clean electricity to corporate clients in New Delhi and Hyderabad.
The 400 MW wind-solar plant, located in Gujarat, is purportedly India’s largest single hybrid project for offtake by the commercial and industrial (C&I) sector.
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.
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 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 First Energy has commissioned a 45.8 MW wind-solar hybrid power plant for consumption by industrial clients.
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 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.
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