Onix Renewable arm Onix Trans Stellar will build 187 MW of solar projects under Component C of PM KUSUM Scheme. It will execute these projects across 60 different locations in Gujarat.
Vikram Solar will supply bifacial modules with rated output of 540 Wp each to NTPC’s Khavda project in Gujarat. The modules meet the domestic content requirement.
Larsen & Toubro’s electrolyzer factory in Hazira, Gujarat, will produce electrolyzers in sizes up to 4 MW.
Adani Green Energy Ltd has secured $400 million green loan for its under-construction solar projects in Gujarat and Rajasthan. The lenders include DBS Bank, Intesa Sanpaolo, MUFG Bank, Rabobank, and Sumitomo Mitsui Banking.
Fortum has signed an agreement to sell the remaining 43.75% share of its Indian solar power portfolio to Gentari Renewables India. Post divestment, the company still has EV charging services and a renewables development portfolio with projects at different stages in India.
Vikram Solar will manufacture and supply bifacial PV modules for Gujarat Industries Power Co. Ltd’s project at the RE Park in Khavda village in Gujarat.
Avaada Energy has secured about INR 1,190 crore ($143 million) as a 20-year project loan facility from State Bank of India (SBI). It will use the financing to support the development of its 400 MWp utility-scale solar PV power project in Gujarat.
Waaree Energies will manufacture and supply 400 MW of bifacial solar PV modules to Gujarat Industries Power Co. Ltd’s (GIPCL) project in Gujarat.
BluPine Energy has secured debt financing from HDFC Bank to develop a 120 MW solar project in Gujarat.
India’s apex court has relaxed restrictions on the construction of overhead transmission lines in the potential areas for renewable energy generation in Rajasthan and Gujarat. It has also constituted a new committee to identify measures and safeguards to be adopted in overhead transmission that can help conservation of Great Indian Bustard.
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