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Servotech Powers Up: Investing $36.2M in EV Charger Factory
million to set up an electric vehicle (EV) charger factory in Uttar Pradesh, India. The initiative is in line with the Uttar Pradesh Electric Vehicle
Aug 14, 2023 // Markets & Finance News, Storage, India, Asia, Servotech Power Systems
$8M for Renewable Metals: Battery Recycling Gets Cleaner
leach instead of acid.Lithium battery recycling is gaining momentum in India with firms such as Lohum and Attero claiming to deliver pharma-grade lithium
Oct 6, 2023 // Storage, Australia, Oceania, Renewable Metals
Spanish Regulations Set Benchmark for Floating Solar Plants
have taken two years to be finalized and could serve as a benchmark for Indian regulators, especially in East India where floating solar is seen as a
Jul 15, 2024 // Plants, Floating PV, Spain, Europe, PV Power Plant, Floating Solar PV
BluPine achieves financial close for 120-MW Gujarat solar project
company of Actis, has secured all funds for a 120-MW solar project in Gujarat, India. The financial closing was made possible through a debt financing deal with
Jul 23, 2024 // Plants, Large-Scale, Commercial, India, Asia, PV Power Plant, BluPine Energy
ReNew Energy Inaugurates 400-MW Solar Farm in Rajasthan
Indian renewable energy company ReNew Energy Global Plc has inaugurated a 400-MW solar farm in Rajasthan as part of a larger 600-MW solar project. The plant benefits from a 25-year power purchase agreement with the Solar Energy Corporation of India Limited, with a tariff set at INR 2.18 per kilowatt-hour. The mega-plant is expected to generate around 1,331 million units of electricity annually and will spread over 2,000 acres of land in multiple villages.The remaining 200 MW of the project is set to start power production by October. ReNew founder and CEO Sumant Sinha expressed pride in completing the project in record time, enough to power 300,000 households. The company has significant investments in Rajasthan, including a 4 GW solar module manufacturing facility in Jaipur, and is committed to expanding its portfolio in the state in the coming years.
What are the key details of ReNew Energy Global's new 400-MW solar farm in Rajasthan?
ReNew Energy Global Plc has inaugurated a 400-MW solar farm in Rajasthan as part of a larger 600-MW solar project
The plant benefits from a 25-year power purchase agreement with the Solar Energy Corporation of India Limited
The tariff for the solar farm is set at INR 2.18 per kilowatt-hour
The mega-plant is expected to generate around 1,331 million units of electricity annually
The solar farm will spread over 2,000 acres of land in multiple villages
The remaining 200 MW of the project is set to start power production by October
ReNew founder and CEO Sumant Sinha expressed pride in completing the project in record time, enough to power 300,000 households
The company has significant investments in Rajasthan, including a 4 GW solar module manufacturing facility in Jaipur
ReNew Energy Global is committed to expanding its portfolio in the state in the coming years.
Jul 29, 2024 // Plants, Large-Scale, Commercial, Rajasthan, solar farm, Renew Energy Global Plc
AEPPL signs $689.7m deal for li-ion battery plant in western India
Automotive Electronics Power Private Ltd. (AEPPL), an India-based lithium-ion battery manufacturing venture between three Japanese companies, aims to produce 30 million cells per year by 2025.
Oct 16, 2019 // Markets & Finance News, Storage, India, Asia, AEPPL, Suzuki, li-ion battery plant
Ather Energy to set up Li-ion, EV production unit in India
Ather Energy, an Indian electric scooter maker, has signed a memorandum of understanding with the government of the Indian state of Tamil Nadu to open a new production facility for lithium-ion batteries and electric vehicles.
Dec 2, 2019 // Technology, Storage, Grids, India, Asia, Ather Energy, Tarun Mehta, Li-ion, EV
India's Tata Power granted 330MW solar project in Madhya Pradesh
be established at the Neemuch Solar Park and the power will be provided to the Indian Railways and also the Madhya Pradesh Power Management Company Limited under
Sep 6, 2021 // Plants, India, Asia, tata power, pv poer plant
Emmvee to establish 3GW cell as well as module factory in India
Emmvee is amongst the 18 firms that have actually bid to participate in India's production-linked reward plan, which intends to support the enhancement of
Oct 6, 2021 // Manufacturing News, India, Asia, emmvee
India's SECI welcomes bids for 100-MW floating solar project
Solar Power Corporation of India Ltd. (SECI) on Tuesday launched a tender to invite designers to bid on a contract for the building and construction as well as procedure of a 100-MW floating solar farm at Getalsud Dam in the eastern India state of Jharkhand.
Feb 16, 2022 // Plants, Floating PV, India, SECI, Asia
TotalEnergies to install rooftop solar array at Yanmar engine factory in India
Yanmar Engine Manufacturing India Pvt Ltd (YEMI), the Indian unit of Japanese engine producer Yanmar, has actually participated in a lasting solar power contract with French multi-energy group TotalEnergies SE (EPA: TTE) involving a 1-MWp rooftop solar installation.
May 17, 2022 // Rooftop PV, India, Asia, TotalEnergies, Varun Khanna
India's Borosil purchases 86% of solar glass maker Interfloat Group
have actually become its step-down subsidiaries, effective instantly. The Indian company has performed the purchase through its German units Geosphere
Oct 24, 2022 // Markets & Finance News, India, Asia, Interfloat Group, Borosil
SJVN wins 200-MW solar construction job in India's Maharashtra
certainly develop the photovoltaic (PV) park at an unspecified location in the Indian state, with building functions expected to take roughly 18 months. The
Mar 20, 2023 // Plants, Large-Scale, Commercial, India, Asia, SJVN
Avaada Energy to implement 2GW of open access PV plants in India
Indian IPP Avaada Energy is in the process of implementing 2GW of open access solar plants in states like Maharashtra, Tamil Nadu, Haryana, Karnataka and Orissa. Avaada currently has a portfolio of over 500MW of open access solar plants for various commercial and industrial companies.
These PV installations are being built for corporations who are looking to optimize their operating costs and meet their green energy needs through solar, rooftop and hybrid-energy solutions. Usually, a corporation can save up to 30-50% of its electricity costs by switching to open access solar solutions.
Vineet Mittal, chairman of Avaada Energy, said: “Avaada continues to contribute to India’s green energy revolution led by Honorable PM Narendra Modi. Open access is a highly credible and economical solution for corporates looking to bring down their electricity bills and CO2 emissions significantly. We are already working with some of the leading MNCs who have committed to switch to 100% renewables.”
Avaada Energy has raised approximately US$145 million from investors such as the Asian Development Bank (ADB), Germany’s Deutsche Entwicklungs- und Investitionsgesellschaft (DEG), Dutch Development Bank, Netherlands Development Finance Company (FMO) and others. The company plans to develop a 5GW renewable energy portfolio in Asia and Africa by 2022.
Jul 26, 2019 // Large-Scale, Avaada Energy, Indian IPP, Tamil Nadu, Haryana, Karnataka and Orissa, ADB
NTPC opens global bids for 20 MW floating solar project in India
an Indian state-owned electricity generator, has opened bids to set up a 20 MW grid-connected floating solar project. It will be built at a reservoir that is
Aug 5, 2019 // Plants, Markets & Finance News, Solar, India, pv modules, NTPC, Asia