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Home2024July

Month: July 2024

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Projects

Jakson Green inks PPA with NHPC for 400 MW solar project

July 4, 2024

Jakson Green has inked a power purchase agreement (PPA) with NHPC Limited for 400 MW solar project. The project won at a tariff of Rs 2.53 per kWh has been secured through a competitive bidding […]

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Projects

Himachal Pradesh government lays foundation stone of 10 MW solar project

July 4, 2024

The Himachal Pradesh government has laid the foundation stone of 10 MW solar power project at Aghlor in Una district of the state. The project will be completed within three months and will generate 22.73 […]

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Financings

ACME Solar files DRHP with SEBI

July 4, 2024

ACME Solar has submitted its draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) for an IPO valued at Rs 30 billion, with each share priced at Rs 2. The […]

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International News

China Three Gorges Renewables announces a 18 GW energy project in Inner Mongolia

July 4, 2024

China Three Gorges Renewables, a Chinese state-owned power company, is planning to develop a massive 18 GW energy project in Ordos, Inner Mongolia. This $11 billion project will comprise 8 GW solar PV project, 4 […]

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International News

Avangrid receives federal approval for construction of offshore wind projects in the US

July 4, 2024

Avangrid has received full federal approval from the US Bureau of Ocean Energy Management (BOEM) for the construction and operation of the New England Wind 1 and 2 offshore projects. The two projects will have a […]

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Projects

JSW Energy signs PPA with SJVN for 700 MW solar power project

July 3, 2024

JSW Renew Energy (Raj) Limited, a wholly-owned step-down subsidiary of JSW Energy Limited, has signed power purchase agreement (PPA) with SJVN Limited for inter-state transmission system (ISTS) connected solar capacity of 700 MW. The PPA […]

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Projects

AM Green sign MoU with SJVN for green ammonia production

July 3, 2024

AM Green has signed a MoU with SJVN Green Energy Limited (SGEL) for a long-term partnership to supply and source renewable energy. According to the agreement, SGEL will provide 4.5 GW of carbon-free energy to […]

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Financings

World Bank sanctions $1.5 billion to advance low carbon energy

July 3, 2024

The World Bank has sanctioned $1.5 billion in funding to support India’s initiatives in advancing low-carbon energy development. As part of the second programmatic development policy operation for low-carbon energy, this initiative seeks to promote […]

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Projects

Odisha government approves renewable energy projects worth Rs 9.03 billion

July 3, 2024

The Odisha government has approved the investment proposals totaling Rs 9.03 billion in the renewable energy sector. The Energy Department’s single window committee approved these investments to support the state’s goal of achieving a 10 […]

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International News

Northland Power concludes sale of 130 MW La Lucha solar facility in Mexico

July 3, 2024

Northland Power has concluded the sale of its La Lucha solar facility to Cometa Energía, a subsidiary of Saavi Energía. La Lucha is a 130 MW solar project located in Durango, Mexico. The facility commenced […]

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International News

ACWA Power inks $533 million financing agreements for Tashkent Riverside Project in Uzbekistan

July 3, 2024

ACWA Power has completed the dry financial close for the Tashkent Riverside project for a value of $533 million in Uzbekistan. This project includes a 200 MW solar photovoltaic facility and a 500 MWh battery […]

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Projects

Waaree bags order for supply of 900 MW of solar modules

July 2, 2024

Waaree Energies Limited has secured a contract for supply of 900 MW of bifacial solar modules. Awarded by Serentica Renewables India Private Limited, the modules will be installed for a project situated in Fatehgarh, Jaisalmer, […]

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Projects

Avaada Energy bags LoA for 820 MWp hybrid capacity from SJVN

July 2, 2024

Avaada Energy has bagged letter of award (LoA) for 820 MWp of hybrid inter-state transmission system (ISTS) capacity from SJVN Limited in the recent e-reverse auction conducted in June 2024. According to the agreement, Avaada […]

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Policies and Programmes

MoPNG issues guidelines for injection of CBG in CGD network

July 2, 2024

The Ministry of Petroleum and Natural Gas (MoPNG) has issued guidelines for the development of pipeline infrastructure (DPI) for injection of compressed biogas (CBG) in city gas distribution (CGD) network. The allocated budget for this […]

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Financings

KPI Green raises Rs 6.86 billion for 200 MW solar project

July 2, 2024

KPI Green Energy has obtained Rs 6.86 billion credit facility to develop a 200 MW solar photovoltaic project in Khavda, Kutch District. The company secured the credit facility after recently raising Rs 3 billion through […]

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International News

Voltalia and Taqa Arabia to develop renewable energy and green hydrogen in Egypt

July 2, 2024

Voltalia, in partnership with TAQA Arabia has inked a framework agreement at the Egypt-EU Investment Conference 2024, which took place on June 29 and 30 in Cairo.  Following a MoU signed in December 2022, the […]

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International News

Gunvor and Quercus join forces to develop up to 3 GW Solar PV in Italy

July 2, 2024

Gunvor Group and Quercus Real Assets Limited are partnering for the development of up to 3 GW of solar photovoltaic capacity in Italy.  According to the agreement, Quercus will leverage its experience in developing renewable […]

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International News

Savion sells 150 MW Cass County solar project in Illinois

July 2, 2024

Savion has sold the 150 MW Cass County solar project to Ameren Missouri. The project is situated in Cass County near Beardstown, Illinois. It is expected to use up to 330,000 solar modules across approximately […]

Knowledge Bank

India’s heavy industries require 120 GW of renewables by 2030: EMBER

July 1, 2024

This is an extract from a recent report “Green electrification of Indian industries for clean energy gains” by EMBER.  India’s heavy industries have an opportunity to begin decarbonisation through renwable energy sources (RES). 11% of […]

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International News

Infinity Power to develop 4 GW of clean energy in Cameroon

July 1, 2024

Infinity Power has signed a MoU with the Cameroon West Regional Council to develop up to 4 GW of renewable energy capacity by 2035. This initiative aims to meet the country’s growing domestic power requirements.  […]

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