Serentica Renewables has secured a loan agreement for debt financing of up to $345.1 million to develop and refinance a solar-wind hybrid project in Koppal, Karnataka. The financing was raised through a consortium of lenders […]
Cummins India will procure clean energy from Clean Max Enviro Energy Solutions’ (CleanMax) solar–wind hybrid projects in Maharashtra. The power will be procured under the group captive model. To this end, Cummins India will invest […]
Oyster Green Hybrid Three Private Limited, a subsidiary of Oyster Renewable Energy Private Limited, has achieved financial close of its 342 MW solar-wind hybrid power project in Madhya Pradesh. It has secured a project loan […]
KPI Green Energy Limited, the renewable arm of KP Group, has bagged new engineering, procurement, construction (EPC) orders from Gujarat Urja Vikas Nigam Ltd (GUVNL). The company will be responsible for developing 1,003.7 MW of […]
JSW Renew Energy Six Limited and JSW Renew Energy Thirty Limited, stepdown subsidiaries of JSW Energy Limited, have signed two power purchase agreements (PPAs) with Maharashtra State Electricity Distribution Company Limited (MSEDCL) for state transmission […]
Torrent Power Limited has reported a net profit of Rs 9.96 billion for the quarter ended in June 2024, recording an increase of 87.22 per cent as compared to the net profit of Rs 5.32 […]
NTPC Limited has declared the results of recent auction for 1,000 MW of inter-state transmission system-connected wind-solar hybrid power projects under Tranche VI. Juniper Green Energy, JSW Neo Energy (JSW Energy), TEQ Green Power (O2 […]
By Nidhi Dua As of April 2024, India boasts a combined installed capacity of 191.67 GW from renewable energy sources, with solar power contributing significantly at 82.63 GW as per the recent statistics from the […]
By Sarthak Takyar One of the key trends highlighted in the cover story of Renewable Watch’s January 2024 issue was the rise of round-the-clock (RTC) renewable energy as a key energy source, on par with […]
Iberdrola, a Spanish utility, has announced the completion of the construction of a 74 MW solar photovoltaic farm in Burgos. This solar project will hybridise the existing 69 MW BaCa – Ballestas and Casetona – […]
Sprng Akshaya Urja, NTPC Renewable Energy Limited (NTPC REL), Project Nine Renewable electricity (Ayana Power), and TEQ Green Power XIII (O2 Power) have bagged Railway Energy Management Company Limited’s (REMCL) auction to deliver 1 GW […]
Round-the-clock (RTC) power, as the name suggests, literally means power supply that is available 24×7, throughout the year. In the case of renewables, resource intermittency is a critical drawback, preventing assured RTC power supply from […]
A recent positive trend, particularly for developers in the commercial and industrial (C&I) space, has been in the greater interest of consumers in renewable energy. They are looking to not only reduce their operational expenses, […]
By Khushboo Goyal In June 2018, the Andhra Pradesh government signed power purchase agreements (PPAs) with NTPC Limited (NTPC) for the procurement of 750 MW of power from three solar power plants of 250 MW […]
Siemens Gamesa Renewable Energy has achieved the commissioning of 5 GW of wind power capacity in India. Markus Tacke, global chief executive officer, Siemens Gamesa Renewable Energy, and Ramesh Kymal, Onshore CEO for India, Siemens […]
The renewable energy sector in India has been in the limelight for the sheer volume of activities taking place in this space in the past two years. The co-untry is working towards meeting the government’s […]
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