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Home2024November

Month: November 2024

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People

Changes at the Top: Key appointments in the renewables sector

November 30, 2024

The past year saw several leadership changes at both the ministerial level and in prominent public and private renewable energy companies. New ministers have taken charge at the Ministry of New and Renewable Energy (MNRE) […]

Trends

Leading the Way: Top 10 states in renewables capacity

November 30, 2024

By Sarthak Takyar India’s total renewable energy capacity, including large hydro, stood at 203,215.27 MW in October 2024. This accounts for around 45 per cent of the country’s total power capacity of 454,452.18 MW. The […]

Trends

Emerging Segments: Hybrid, RTC and FDRE renewables attract growing attention

November 30, 2024

There is a perceptible shift in the renewable energy industry, from standalone solar and wind projects to hybrid, round-the-clock (RTC), firm and despatchable renewable energy (FDRE) projects. Several auctions have taken place in this space […]

World View

Navigating the Transition: Overview of the global renewable energy market

November 29, 2024

As the curtains came down on COP29 in Baku, Azerbaijan, the global community stood at a crossroads, grappling with the progress made and the challenges yet to be overcome. The pledge to mobilise $300 billion […]

Interviews

Decarbonising Industries: Developers’ perspective

November 29, 2024

India is rapidly advancing its transition to renewable energy, with the commercial and industrial (C&I) sector emerging as a major catalyst for growth. The demand for sustainable, reliable and cost-effective power has led corporates to […]

World View

Navigating the Transition: Overview of the global renewable energy market

November 29, 2024

As the curtains came down on COP29 in Baku, Azerbaijan, the global community stood at a crossroads, grappling with the progress made and the challenges yet to be overcome. The pledge to mobilise $300 billion […]

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International News

Stegra inks 6 TWh power deal with Uniper 

November 29, 2024

Stegra has entered into a long-term power purchase agreement (PPA) with Uniper to secure a total of 6 TWh of electricity for its plant in Boden, Northern Sweden. The agreement covers a 6-year period ranging […]

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International News

GAFI and Hynfra partner on $1.6 billion green ammonia production project 

November 29, 2024

Egypt’s General Authority for Investment and Free Zones (GAFI) has partnered with Polish company Hynfra to develop a green ammonia production facility with an initial investment of $1.6 billion. The first phase of the plant […]

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Miscellaneous

COP29 concluded; India rejects the Baku Finance Goal

November 29, 2024

The COP29 summit in Baku, Azerbaijan, concluded with the adoption of the Baku Finance Goal (BFG), which commits developed nations to mobilise $300 billion annually by 2035 and aims for $1.3 trillion in climate finance […]

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Projects

South Eastern Railways invites bids for 3 MW rooftop solar systems

November 29, 2024

The Ranchi Division of the South Eastern Railway has invited bids for the installation of 3,029 kW grid-connected rooftop solar systems on service buildings and residential quarters in Jharkhand, with a contract value of Rs […]

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Projects

Powergrid invites tender for solar-powered green hydrogen plant in Rajasthan

November 29, 2024

Power Grid Corporation of India Limited (Powergrid) has issued an invitation for bids to establish a solar-powered green hydrogen plant and fuel cell-based microgrid system at its 400/220 kV Neemrana substation in Rajasthan. The last […]

Trends

Green Pathways: Bioenergy segment round-up

November 29, 2024

Bioenergy is considered a key solution to meet the country’s renewable energy and climate goals and at the same time promote the rural economy and mitigate waste woes. India, being an agrarian economy, has a […]

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Projects

Servotech secures Rs 302 million order for 5.6 MW rooftop solar project in Uttarakhand

November 29, 2024

Servotech Power Systems Limited has secured a Rs 302 million order from the Uttarakhand New and Renewable Energy Development Agency (UREDA) for a 5.6 MW on-grid rooftop solar power project. The project involves designing, supplying, […]

Interviews

Risks and Returns: Financiers’ perspective

November 29, 2024

Securing finance for renewable energy projects is key to meeting India’s climate goals. The falling prices of renewables, aided by supportive government policies, and risk mitigation strategies have attracted major funds to India’s renewable energy […]

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Projects

NGEL and MAHAGENCO form JV for renewable energy parks in Maharashtra

November 28, 2024

NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC Limited, and Maharashtra State Power Generation Company Limited (MAHAGENCO) have formed a joint venture (JV) named MAHAGENCO NTPC Green Energy Private Limited (MNGEPL) to develop […]

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Policies and Programmes

REC releases guidelines for vendor operations under PM Surya Ghar

November 28, 2024

REC has introduced a guidance framework to streamline vendor operations under the PM Surya Ghar: Muft Bijli Yojna, aiming to ensure smooth implementation of the rooftop solar programme. Appointed by the Ministry of New and […]

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Projects

Powergrid, DRAIPL secure transmission projects for evacuating 3.5 GW of renewable energy from Rajasthan

November 28, 2024

The Power Grid Corporation of India Limited (Powergrid) and Dineshchandra R. Agarwal Infracon Limited (DRAIPL) have been awarded REC Power Development and Consultancy Limited’s (RECPDCL) transmission project to evacuate 3.5 GW of renewable energy from […]

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Projects

Waaree Renewable Technologies secures 2,012.47 MW solar PV project

November 28, 2024

Waaree Renewable Technologies has announced that it has secured an order valued at approximately Rs 1,2334.7 million according to a filing with the Bombay Stock Exchange (BSE), for developing a ground-mounted solar photovoltaic (PV) project. […]

Data & Statistics

Tender Results Winners of recent capacities auctioned

November 28, 2024
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International News

CEE Group acquires 102 MWp solar farm in Germany

November 28, 2024

CEE Group has acquired the 102 MWp Klüden solar PV project in Saxony-Anhalt, Germany, from Sunovis. The project began construction in September 2024 and is set to commence operations in April 2025. It features a […]

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