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Juniper Green Energy commissions 305 MWp of renewable capacity in Gujarat
Juniper Green Energy has expanded its presence in Gujarat by commissioning 305 MWp of renewable energy capacity for Gujarat Urja Vikas Nigam Ltd. The projects, located across Surendranagar, Aravalli, and Devbhumi Dwarka districts, include solar and wind power. This achievement highlights Juniper Green Energy's project execution skills and dedication to providing sustainable energy solutions for the state.
India's tougher grid rules unsettle investors, test clean energy ambitions
India's new power grid rules are causing concern among clean energy investors, who say stricter penalties for solar and wind projects would reduce returns. This comes as India aims to significantly expand its renewable energy capacity. Investors warn this could slow down the much-needed investment for the energy transition in the country.
Avaada secures $950 million from global, domestic Banks
Avaada Group has achieved a major milestone. The company announced financial closure for its firm and dispatchable renewable energy project in Bikaner. This marks India's largest fundraise in the segment. Avaada also secured debt financing for two 300 MW solar power projects in Rajasthan and Gujarat.
Inox Clean Energy plans ₹1 trillion investment by 2030 in renewables, solar equipment and battery storage
INOXGFL Group is also targeting global markets with a major battery chemicals push and a new joint venture to develop power projects across Africa, executive director Devansh Jain said.
CleanMax raises nearly $575 million to expand solar and wind energy projects in India
The funding will help CleanMax build around 1 GW of renewable energy projects across Rajasthan and Karnataka to supply power to large companies.
NTPC starts site selection studies in Gujrat, Andhra Pradesh, Odisha, Madhya Pradesh for nuclear projects
State-owned NTPC is exploring new nuclear power projects. Site selection studies have begun in Andhra Pradesh, Madhya Pradesh, Gujarat, and Odisha. This initiative is part of NTPC's extensive 30 GW nuclear energy plan. The company aims to contribute significantly to India's ambitious nuclear capacity target. Investments will be substantial, spanning multiple states. NTPC is diversifying its energy portfolio.
Maharashtra govt ramps up nuclear energy with MoUs worth Rs 6.5 lakh crore
Maharashtra has signed MoUs with four companies, including Adani Power and Reliance Industries, to attract Rs 6.5 lakh crore in nuclear energy investments. These projects aim to generate 25,400 MW of power and create 1,23,500 jobs, bolstering the state's clean energy initiatives and contributing to India's energy-rich nation goal.
Gujarat builds 870 MW battery power backup network to stabilise renewable energy grid
Gujarat has launched battery storage systems totaling 870 MW across five locations to ensure renewable power grid stability. The state has also registered 13 additional projects and integrated BESS with its first solar village, Modhera. This initiative strengthens Gujarat's position as a leader in battery storage solutions in India.
India’s grid bottleneck forces ReNew Energy to waste solar power, threatening profits
India's power grid struggles to handle excess solar energy. ReNew Energy Global Plc faces power curtailment, affecting earnings. The company is investing in battery storage to balance supply and demand. Rising costs from global events add to challenges. Future projects will focus more on solar power.
Cabinet approves Rs 2,585 crore Small Hydro Power Development Scheme
The Union Cabinet has approved a Rs 2,585 crore scheme to boost small hydro power development. This initiative aims to add 1,500 MW of renewable capacity by 2030-31. Projects will be run-of-river, avoiding dams and displacement. The scheme is expected to attract Rs 15,000 crore in investment, creating clean energy and boosting the nation's renewable capacity.
NHPC shares in focus on likely Cabinet discussion on hydro projects
The proposed scheme aims to promote small hydro power projects and strengthen clean energy generation in the country.
KPI Green Energy completes 92.4-MW wind power project in Gujarat
KPI Green Energy has successfully completed a significant 92.4 megawatt wind power project in Gujarat. This project, developed for Ayana Renewable Power Four, features 28 wind turbine generators. The company has finished all necessary work, including substations and transmission lines. This achievement underscores KPI Green Energy's capability in executing large renewable energy projects and boosts India's clean energy capacity.