JSW Energy secures Letter of Intent for 192 MW wind-solar hybrid power project
JSW Neo Energy has received a letter of intent from Gujarat Urja Vikas Nigam Ltd to set up a 192 MW grid-connected hybrid wind-solar power project, including an additional 96 MW under the green shoe option.
REC posts its highest Q1 profit of INR 3,442 crore
REC has reported total income of INR 13,037 crore and net profit of INR 3,442 crore for April-May-June quarter of FY 2024-25.
SECI allocates 630 MW renewables-plus-storage at average price of $0.059 /kWh
The winning developers will set up renewable energy projects backed with energy storage system to supply a cumulative 630 MW of firm and dispatchable renewable power in a demand-following manner.
KPI Green secures Letters of Intent for 917 MW DC of solar, hybrid RE projects
KPI Green Energy has secured a cumulative solar capacity of 250 MW AC (275 MW DC) and hybrid RE power projects of 370 MW AC (642 MW DC) in Gujarat Urja Vikas Nigam Ltd’s recent tenders.
Adani Green net profit for Q1 up 95% YoY
Adani Green Energy has reported a total income of INR 3,122 crore ($372.83 million) and consolidated net profit of INR 629 crore for the first quarter of FY 2024-25.
The role of hydrogen electrolysers in sustainable energy
Hydrogen electrolysers are emerging as key players in grid balancing and energy storage strategies worldwide. By converting excess renewable electricity into hydrogen during periods of low demand, electrolysers offer a scalable solution to store energy for later use.
SECI launches 400 MW wind-solar hybrid tender
Solar Energy Corp. of India (SECI) is accepting bids to set up 400 MW of wind-solar hybrid power projects on a build-own-operate basis in India. Bidding closes on Aug. 6.
Hindustan Zinc receives renewable power from Serentica’s 180 MW solar project
Hindustan Zinc has initiated power purchase from Serentica’s 180 MW solar project in the Bikaner district of Rajasthan. The procurement is part of a power delivery agreement signed with Serentica for 450 MW of round-the-clock renewable power.
REC secures JPY 31.96 billion green loan from Deutsche Bank AG
REC Ltd has secured a green loan of JPY 31.96 billion (equivalent to $200 million) from Deutsche Bank AG to finance eligible green projects in India.
Juniper Green secures PPAs for 480 MW of hybrid wind-solar
Juniper Green has secured power purchase agreements with NTPC and Gujarat Urja Vikas Nigam Ltd for 290 MW and 190 MW of hybrid wind-solar projects, respectively.
