SJVN secures 2.4 GW pumped storage project in Mizoram
SJVN has received a Letter of Intent for developing a 2.4 GW pumped storage project in Mizoram. The pumped storage project has been proposed across Darzo Nallah, a tributary of Tuipui river.
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.
Fluence expands digital services center for energy storage assets
Fluence has set up a new remote monitoring and diagnostics center in India. The center leverages digitization, artificial intelligence, and Fluence’s Nispera asset performance management software to help deliver value to energy storage owners.
Insolation Energy to add 3 GW solar panel, 1.4 GW cell capacity by March
Insolation Energy is expanding its solar panel production capacity to 4 GW per year from around 1 GW at present. It is also setting up manufacturing capacities of 12,000 MT of aluminum framing and 1.4 GW of PV cells. The new capacities will be commissioned within this fiscal 2024-25.
Tata Power’s microgrid arm partners with National Dairy Development Board to solarize milk value chain
TP Renewable Microgrid Ltd and National Dairy Development Board will collaborate to enhance sustainability and operational efficiency within the milk value chain. This includes the solarization of dairy cooperative societies, bulk milk coolers, and milk chilling centers, facilitated by solar microgrid technology.
ReNew switches on 400 MW solar project in Rajasthan
ReNew has inaugurated a 400 MW solar project in Rajasthan. The project is part of a 600 MW power purchase agreement with Solar Energy Corp. of India (SECI) for 25 years.
Bluebird Solar ramping up panel capacity to 1.2 GW with Cliantech Solutions
Bluebird Solar is expanding its PV module manufacturing capacity to 1.2 GW per year with the addition of an 800 MW fully automated line at its facility in Greater Noida. Cliantech Solutions will supply and install production equipment from leading companies.
Rays Power Infra raises INR 127 crore equity capital
Rays Power Infra will use the funds to develop solar and wind parks with a cumulative capacity of around 3 GW. Additionally, it will invest in both backward and forward integration of its business.
Budget 2024-25: Key highlights and analysis
Employment creation and skill development have been at the core of this budget. While there is a lot of emphasis on skill development, there needs to be an emphasis on how money is allocated for skilling and reselling of people for the clean energy sector.
