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.
The project located in Dhule is spread over 52 hectares and will generate 45 million units annually
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 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.
AM Green Ammonia will supply up to 250,000 tonnes of green ammonia per year from its production sites in Kakinada and Tuticorin.
The initial public offer (IPO) will comprise only a fresh issue of equity shares, with no offer-for-sale component included.
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.
Gautam Solar plans to establish a 2 GW PV cell manufacturing plant with an estimated investment of INR 1,000 crore.
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 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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