Megha Engineering secures 618.1 MW solar PPA with BESCOM
Megha Engineering and Infrastructures Ltd will develop 76 solar power plants of varying capacities in RESCO mode under the PM-KUSUM C initiative.
ITC commissions 9.45 MW offsite solar plant for self-consumption
ITC targets to meet 100% of electricity requirements from renewable sources by 2030 as a part of its ambitious Sustainability 2.0 Vision. The new Karnataka solar project will help it reduce CO2 emissions by over 12,000 tonnes every year.
Avaada Energy closes INR 597 crore refinancing for C&I solar projects
Avaada Energy has secured around INR 597 crore ($71.1 million) in refinancing for its commercial & industrial (C&I) solar projects in Karnataka and Maharashtra.
Sterling and Wilson Renewable wins 1 GWh battery storage, 20 MW floating solar projects
Sterling and Wilson Renewable Energy Ltd has secured the EPC contracts for a 1 GWh standalone battery energy storage project in Rajasthan and a 20 MW floating solar plant in Karnataka.
JSW Energy secures LoAs for 500 MW solar plus storage, 300 MW solar projects
JSW Neo Energy, an arm of JSW Energy, has received a letter of award from Solar Energy Corp. of India Ltd for setting up a 500 MW solar power project along with 250 MW/500 MWh of energy storage systems. It has also secured a 300 MW solar power project from Karnataka Renewable Energy Development Ltd.
Ohmium opens second electrolyzer gigafactory in India
The 2 GW factory, expandable to 4 GW, is located just outside of Bengaluru. It will produce hyper modular proton exchange membrane (PEM) electrolyzers to meet the growing demand for green hydrogen from customers in India and around the world.
Karnataka launches 100 MW/130 MWh solar-plus-storage tender
Karnataka Renewable Energy Development Ltd (KREDL) is accepting bids to set up a ground-mounted grid-connected 100 MW AC solar PV plant along with 130 MWh battery energy storage system in the Kalaburgi district of Karnataka.
Schneider Electric opens new campus in India
Spread across 6.3 lakh sq.ft. and built with an investment of INR 200 crore (EUR 22 million), the new campus in Bengaluru will host a global innovation hub, training center, R&D center, skill center and digital hub with a capacity to accommodate over 8,000 professionals.
Avaada Energy secures $38 million for captive solar project in Karnataka
Avaada Energy has secured financing for its solar PV power project being developed under a long-term captive power purchase agreement with Karnataka Cooperative Milk Producers’ Federation Ltd.
Orb Energy establishes 35 MW (DC) solar park in Karnataka
Orb Energy’s solar park model allows enterprises to purchase plots and own solar sub-arrays within the park.
