Waaree Energies raises $121 million to expand solar production
Waaree Energies says it will use the latest $121 million equity investment to build 6 GW of solar wafer-to-module manufacturing capacity.
India tenders 1.5 GW of renewables storage
Solar Energy Corp. of India (SECI) has launched a tender to select developers for 1.5 GW of firm and dispatchable power from renewable power projects with energy storage systems. Bidding closes on Sept. 15.
Tata Power secures PPAs for 350 MW of solar projects
Tata Power Renewable Energy will develop 200 MW and 150 MW solar projects for Maharashtra State Electricity Distribution Co. Ltd (MSEDCL). The installations will be located in the Indian state of Maharashtra.
JSW Steel to use green hydrogen to make steel in India
JSW Energy says it plans to set up a green hydrogen plant with an annual capacity of 3,800 tons to supply steel to JSW Steel, driven by 25 MW of renewable energy.
India’s NTPC to build 550 MW solar farm tendered for $0.031/kWh
NTPC Renewable Energy Ltd. (NTPC REL) has secured a letter of award from REC Power Development and Consultancy (RECPDCL) to develop a 550 MW solar project. It won it at a tariff of INR 2.56 ($0.031)/kWh through competitive bidding in the RECPDCL auction.
CleanMax inaugurates 400 MW wind-solar hybrid project in India
CleanMax has completed a 400 MW wind-solar hybrid project in India to provide clean electricity to various commercial and industrial customers, including Hero MotoCorp, Hindalco Industries, Larsen & Toubro, and MG Motor.
Adani raises $394 million for 10 GW fully integrated solar fab
Adani New Industries Ltd. (ANIL) has raised $394 million from Barclays and Deutsche Bank to support the working capital requirements of its integrated solar module manufacturing facility.
India hits 70 GW solar milestone
India’s cumulative solar capacity reached 70.10 GW on June 30. The states of Rajasthan, Gujarat, and Karnataka accounted for more than 50% of the total.
Brenmiller, Waaree Energies to deploy thermal energy storage projects in India
Brenmiller’s bGen system heat crushes rocks and then stores that thermal energy for minutes, hours, or days. The stored heat energy can be used to produce energy in the form of steam for electricity, water, or hot air for industrial applications.
India deploying 8.5 GW of PV under solar parks program
Indian developers have completed 11 solar parks, aggregating to 8.521 GW, and have partially completed seven solar parks, totaling 3.985 GW, under the Indian Ministry of New and Renewable Energy’s scheme for the development of solar parks.
