India

Macquarie Asset Management is seeking to offer a 450-MW portfolio of solar projects in India in a manage an equity value of some USD 250 million (EUR 235.1 m), The Mint reports.

Telangana Energy Minister G Jagadish Reddy has clarified regarding Kaleshwaram Project in the state assembly. The Telangana government was considering the opportunity of mounting solar power panels over the canals of the state.

The moves by China to restrict access to the most recent solar production technology is squarely aimed at India, and also to an extent the United States, where efforts have actually been made to construct a domestic ecosystem.

An MoU for the development of avant-garde PV photovoltaic or pv power plant was checked in the presence of Ashok Gehlot, Chief Minister of Rajasthan. The solar park will be divided among 3 300 MW projects as well as one 900 MW project.

The 'Optima Project' is a set apart 100 MW co-located, wind-solar hybrid renewable power project in Maharashtra. The wind solar project will certainly provide clean, high-capacity element power to industrial and industrial (C&I) customers in the State.

French independent eco-friendly power producer Technique Solaire announced on Wednesday it has completed the purchase of a 6.2-MWp ground-mounted solar (PV) plant in India.

The company stated that it was selected by the Central Government as one among the 3 successful participants in the Rs. 18,100 Crores PLI Scheme for production of Advanced Chemistry Cells. It will certainly get support from the Centre and also Karnataka state for the setting up of the 5 GWh Giga Factory.

Indian solar plant building contractor Rays Power Infra Pvt Ltd has put on stream a 275-MW DC solar park in Bangladesh, touted as the largest grid-connected complex of its kind in the South Asian nation.

Indian power firm JSW Energy Ltd (BOM:533148) stated on Thursday that its wholly-owned subsidiary has gotten Letter of Awards (LoAs) from Solar Energy Corporation of India Limited for two 250-MW/500-MWh standalone battery energy storage systems (BESS).

A 1.5 MW project is the very first of huge corporate projects in Bangladesh for Jinko Solar. The firm has seen solid interest in the nation, as well as hopes to be a major player in the solar segment there.

NTPC Green Energy Ltd (NGEL), the green energy organization of Indian state-run power manufacturer NTPC Ltd (BOM:532555), will establish renewables energy projects for Hindustan Petroleum Corporation Ltd (HPCL) under a memorandum of understanding (MoU) revealed on Wednesday by India's Ministry of Power.

Higher prices and also restrictions have actually stymied growth after Q2 in India. The scenario is likely to be worsened by March this year, as a lot of projects will certainly go across deadlines to either surrender allowances or cancel, if they can't build.

The 2016 Solar Policy targeted to mount just 2000 MW of solar energy by 2025. Delhi's Deputy Chief Minister Manish Sisodia claimed that 6,000 MW will heighten the solar energy share in the annual power demand of Delhi from 9 per cent to 25 per cent by 2025.

BERC has allowed the procurement at a tariff of Rs 2.50/ kWh as well as the trading margin has been kept at Rs 0.07 for every kWh. The commission order located that SECI tariff was competitive and also less than DISCOMs' average cost of power purchase for financial year 2022-23.

Indian engineering conglomerate Larsen & Toubro (NSE: LT) has actually secured an engineering, procurement as well as construction (EPC) deal for a 90-MW floating solar park project in Madhya Pradesh.