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Renewables share in India’s power generation mix to reach 35% by 2030: ICRA

Ratings agency ICRA projects the share of renewables (including hydro) in India’s power generation mix to rise to 35% by FY 2029-30, from 21% in FY 2024.

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Godrej & Boyce commissions 25 MW ground-mounted solar project in Maharashtra

The project located in Dhule is spread over 52 hectares and will generate 45 million units annually

How innovations in electrolyzer technology are making green hydrogen more affordable   

The cost-effectiveness of green hydrogen hinges on the efficiency and scalability of electrolysers. Historically, the high cost of electrolysers and the electricity required for water electrolysis have been significant barriers. However, recent technological innovations are addressing these challenges. 

Yashika Energy Systems partners Germany’s Next2Sun on vertical bifacial agri-PV systems  

Yashika Energy Systems has partnered Germany’s Next2Sun and Wattkraft India to launch pilot projects, ranging from 100 kWp to 500 kWp, integrating vertical bifacial solar technology with agriculture.

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RWE, AM Green Ammonia sign MoU on RFNBO-compliant ammonia supply from India

AM Green Ammonia will supply up to 250,000 tonnes of green ammonia per year from its production sites in Kakinada and Tuticorin.

 

NTPC Green Energy files draft papers for $1.19 billion IPO

The initial public offer (IPO) will comprise only a fresh issue of equity shares, with no offer-for-sale component included.

Torrent Power secures LoI for 1.5 GW pumped hydro storage capacity

Torrent Power will provide 1.5 GW of energy storage capacity to Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) for a period of 40 years. The capacity will be made available from Torrent’s upcoming pumped hydro storage plant being set up in Raigad District, Maharashtra.

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Gautam Solar to set up 2 GW PV cell manufacturing facility

Gautam Solar plans to establish a 2 GW PV cell manufacturing plant with an estimated investment of INR 1,000 crore.

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Sunsure Energy, REC sign MoU for INR 10,000 crore to develop green energy projects

REC has agreed to provide INR 10,000 crore in debt funding to support Sunsure Energy in the development of 3 GW of solar, wind, hybrid, and battery energy storage projects.

Tata Power Renewable Energy secures 400 MW hybrid wind, solar project from MSEDCL

Tata Power Renewable Energy Ltd has secured a Letter of Award to develop a 400 MW wind-solar hybrid project for power supply to the Maharashtra State Electricity Distribution Co. Ltd. The project includes original contracted capacity of 200 MW along with the greenshoe option for an additional 200 MW capacity.

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