Adani Green Energy revenue up 33% YoY to INR 7,735 crore
Adani Green Energy Ltd (AGEL) also reported its operational capacity grew 35% YoY to 10,934 MW with greenfield addition of 2,418 MW solar and 430 MW wind projects. The company’s renewable energy capacity target is now revised upwards to 50 GW by 2030.
India installed 7.1 GW of renewable energy capacity in March
India set new record for monthly renewable energy installation by adding 7.1 GW of renewable energy capacity in March 2024. This monthly RE addition comprised more than 6.2 GW from solar.
PNOC, WindStream partner to deploy hybrid wind-solar RE solutions in Philippines
The Philippine National Oil Co. (PNOC) has partnered with India’s WindStream Energy Technologies to deploy hybrid wind-solar RE solutions in remote, off-grid areas of the Philippines.
Indus Towers partners NTPC to develop renewable energy projects for business operations
Indus Towers has signed a memorandum of understanding with NTPC Green Energy Ltd (NGEL) to explore joint development of grid-connected renewable energy based power projects including solar, wind, energy storage, etc.
Juniper Green Energy wins 150 MW in NTPC’s 1 GW wind-solar hybrid tender
Juniper Green Energy secured the 150 MW wind-solar hybrid capacity at a tariff of INR 3.43 per kWh. It will develop the project on a build-own-operate basis.
Avaada Energy wins 250 MW solar-wind hybrid project in NTPC auction
Avaada Energy won the 250 MW solar-wind hybrid power project by offering a competitive tariff of INR 3.47 per kWh.
ReNew crosses 10 GW of gross renewable energy assets
ReNew surpassed a cumulative installed renewables capacity of 10 GW as on March 31, 2024. Out of this, the company added 1.94 GW of RE assets (1,174 MW of solar and 768 MW of wind energy) in FY 2023-24.
Adani Green Energy surpasses 10 GW of operating renewables capacity
Adani Green Energy Ltd (AGEL) has reached an operating renewable energy portfolio of 10,934 MW, consisting of 7,393 MW solar, 1,401 MW wind, and 2,140 MW wind-solar hybrid capacity.
SJVN launches 1.2 GW renewables-plus-storage tender
SJVN has launched a tender to select developers for up to 1.2 GW of firm, dispatchable power from renewable energy projects backed with energy storage systems. The projects can be located anywhere in India. Bidding closes on May 28.
India, Saudi Arabia and UAE top in green hydrogen competitiveness
The United Arab Emirates (UAE) tops in green hydrogen competitiveness with the world’s lowest levelized cost of hydrogen (LCoH) of $2.7/kg in 2023 and a projected $1.7/kg in 2030. It is followed by Saudi Arabia and India, which could produce green hydrogen at $2.9-$3.2/kg in 2023 and $1.8/kg in 2030.
