ReNew Power Commissions 105 MW Solar Facility in Gujarat
ReNew Power introduced yesterday (April 21) that it has appointed a 105 MW solar generation facility in Gujarat, with the project having a 25-year power purchase arrangement with Gujarat Urja Vikas Nigam Ltd (GUVNL) at a toll of Rs 2.68/ kWh.
Apr 22, 2021 // Plants, India, Asia, gujarat, ReNew Power, solar farm, Gujarat Urja Vikas Nigam Ltd (GUVNL)
'Enormous potential' for wind-solar hybrid power in India
India presents an "enormous possibility" for the advancement of solar and also wind hybrid power systems, with more than 12.3 GW of collocated tenders released in the nation to day.
Apr 21, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, India, Asia, hybrid power plant, Adani Green Energy, ReNew Power, solar wind hybrid, JMK Research, wind and solar
Norwegian Li-ion Battery Major Freyr Gets Govt Grant To Scale Up
Norway's Freyr battery (no connection to solar EPC Freyr Energy Solutions in India) has received a grant from Norway's ministry of climate as well as atmosphere, through Enova SF, of NOK-142-million (Rs 1300 crores) to start service a clean battery cell production plant in Mo i Rana, Nordland region. Freyr AS has actually set a target of ending up being a leading battery supplier in Europe, with a 40 GW/h capacity by 2025.
Mar 4, 2021 // Storage, Europe, Norway, ReNew Power, Li-ion Battery, SPAC, EV subsidy, Freyr battery
India's ReNew Power to detail on Nasdaq adhering to US$ 8bn handle US SPAC
Independent power producer ReNew Power has consented to go public through a merger with RMG Acquisition Company II, a United States unique objective acquisition firm (SPAC), in an offer that values the combined entity at US$ 8 billion.
Feb 26, 2021 // Markets & Finance News, BlackRock, IPP, India, Asia, ReNew Power, Independent Power Producer, Sumant Sinha, nasdaq, SPAC, merger, Bob Mancini
Wind and Solar Supply One-Tenth of India's Power in 2020
Total power generation is down 3% in 2020 over last year. Hydro imports from Bhutan enhanced by 60% in 2020.
Jan 26, 2021 // Market Research, NTPC, Adani Green Energy, ReNew Power, tata power, PV Power Plant, acme, wind and solar, Azure
ReNew Power plans foray into solar cell and also module production
The Haryana-based designer will spend Rs 1500-2000 crore in establishing the solar cell and also module manufacturing facility, which will at first have a production ability of 2 GW per year.
Jul 18, 2020 // Manufacturing News, India, Asia, ReNew Power, Sumant Sinha
Indian IPP ReNew Power to invest US$ 265m in 2GW upstream plant
Indian independent power producer (IPP) ReNew Power has confirmed strategies to introduce an upstream solar cell as well as module production center in India.
Jul 16, 2020 // Manufacturing News, Markets & Finance News, manufacturing, India, solar cells, Asia, solar modules, ReNew Power, upstream, Sumant Sinha
Floating Solar On Fast Lane With Start of Work On 100 MW NTPC Ramagundam Project
With Work finally starting on NTPC Ramagundam's Floating solar project, with a planned capacity of 100 MW, floating solar is back in focus. The Ramagundam project is being built on the balance reservoir of NTPC's Ramagundam Super Thermal Power Station, with a nameplate capacity of 2600 MW itself. The reservoir itself gets its water from the Sriram Sagar Project, a critical water project for Telangana state.
Jun 22, 2020 // Plants, Large-Scale, Commercial, Floating PV, India, NTPC, Asia, Floating solar, ReNew Power, bhel, shapoorji pallonji
Storage Remains In Emphasis With New 1200 MW tender Strategy from SECI
After the success of its previous 1200 MW tender for eco-friendly generation plus assured peak supply, the Solar Energy Corporation of India (SECI) has actually released a notification welcoming tender (NIT) for a repeat of its previous tender. That was oversubscribed by 420 MW.
Apr 1, 2020 // Markets & Finance News, Storage, India, SECI, tender, solar pv, Asia, ReNew Power, Greenko
4 Winners in SECI's Latest 1200 MW Solar Tender
SECI has actually wrapped up the public auction for its 1200 MW solar tender, granting the complete tendered ability to the 4 effective prospective buyers.
Feb 28, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, India, tender, Asia, EDEN Renewables, ReNew Power, sb energy, AMP Energy, ISTS-VIII
ReNew and Greenko to develop 1.2GW solar-wind-plus-storage project
ReNew Power, Greenko Group have been selected for development of 1.2-gigawatt hybrid solar and wind power plants with battery storage in the tender held by Indian SECI.
Feb 3, 2020 // Storage, India, tender, Asia, ReNew Power, greenko group
GS and ReNew to install 300 MW of solar capacity in India
ReNew Power gets a 51-percent stake of the project, while the Korean contractor will hold the remaining 49 percent. The project has been won during the tranche-IV tender held by SECI in 2019.
Dec 12, 2019 // Plants, Large-Scale, Commercial, India, Asia, Korea, ReNew Power, GS Engineering & Construction
Strong Q3 2019 puts solar finance on track to beat 2018 charts
The rising solar appetites of global investors so far in 2019 have put the industry on course to reach full-year financing volumes unseen since 2017, according to Mercom.
Oct 9, 2019 // Markets & Finance News, USA, China, Asia, North America, ReNew Power, mercom, Goldman Sachs
Stock markets pumped $1.3bn into solar in the last quarter
Fundraising activity for solar leaped in the July-to-September period to provide healthy quarterly and year-so-far comparisons on 2018.
Oct 8, 2019 // Markets & Finance News, Mercom Capital Group, bboxx, Raj Prabhu, ReNew Power