India

The new energy transition platform of India's diversified energy as well as facilities company Jakson Group on Tuesday boasted orders to construct more than 1 GW of renewable resource projects throughout India, Africa and the Middle East.

India saw a spike in solar tender announcements in the first quarter of 2023, while auction activity went down, according to data from Mercom India Research last week.

Indian renewables platform Vibrant Energy has safeguarded more than INR 22 billion (USD 268.4 m/EUR 246.3 m) in project funding from regional state-run organization Power Money Corporation Ltd (PFC) to build hybrid wind-and-solar projects in India with a combined capacity of 300 MW.

The Indian government strategies to issue tenders for 50 GW of renewable energy capacity per year in the complying with 5 fiscal years, from 2023/24, which starts on April 1, till 2027/28.

United States company receives give for 3.4 gigawatt Tamil Nadu project Avaada is likewise one of the receivers of output-linked funds

India's Sterling and also Wilson Renewable Energy Ltd (BOM:542760) has actually made an effective bid for a INR-21-billion (USD 254m/EUR 236m) job on a gigawatt-scale solar photovoltaic (PV) project in the state of Gujarat.

The green energy arm of Indian state-owned power generator Satluj Jal Vidyut Nigam (SJVN) has actually won an order to set up a 200-MW solar park in the state of Maharashtra for local power utility Maharashtra State Electrical energy Distribution Company Ltd (MSEDCL).

Partnership with BrightNight intends to deploy US$ 250m of equity

Eleven solar suppliers have submitted bids for INR 195 billion (USD 2.36 bn/EUR 2.23 bn) in moneying under India's Production Linked Incentive (PLI) scheme focused on releasing gigawatt-scale residential production capacity for high efficiency photovoltaic or pv (PV) modules, Mercom reported on Thursday, citing sources.

The said plant will be set up in Pangidi in East Godavari district of the state. The firm anticipates to create 2,000 tasks from the project.

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.