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NTPC Renewable Energy to develop 250 MW solar project with BESS in Uttar Pradesh
NTPC Renewable Energy (NTPC REL), a wholly owned subsidiary of NTPC Green Energy, shall be developing a 250 MW Solar Power Project integrated with Battery Energy Storage System (BESS) on vacant defence land at Sitapur, Uttar Pradesh.
Reliance, Meta announce Jamnagar data centre; CleanMax to supply over 900 MW renewable energy capacity
Meta Platforms is investing heavily in India's digital future. The company is partnering with Reliance Industries to build a new data center in Gujarat. This facility will support Meta's global AI needs. Additionally, Meta is expanding its renewable energy partnership with CleanMax. This collaboration will add over 900 MW of solar and wind power capacity.
CleanMax shares soar 15% to record high on Meta partnership
CleanMax Enviro Energy Solutions shares surged 15% to a 52-week high after announcing a 900 MW renewable energy partnership with Meta Platforms. The projects include solar and wind assets, with Meta purchasing 100% of environmental attributes. The deal strengthens Meta’s clean energy goals and reinforces CleanMax’s position in India’s C&I renewable energy market, backed by strong long-term customer contracts.
CleanMax and Meta announce 900 MW renewable energy deal
Meta Platforms, Inc. (NASDAQ: META) and Clean Max Enviro Energy Solutions (CleanMax) have announced a ~900 MW renewable energy partnership in India. Together, the companies will support the development of 837 MW of new solar and wind capacity across Rajasthan and Karnataka. Combined with previously announced projects, the partnership now represents more than 900 MW of renewable energy capacity.
850 acres of vacant defence land in Uttar Pradesh to host 250 MW solar power plant
A significant solar power project is set to be established in Sitapur, Uttar Pradesh. Defence Minister Rajnath Singh has approved a 250 MW solar power plant on defence land. This initiative marks a major step in renewable energy adoption. The project will also feature a Battery Energy Storage System.
Rajnath Singh clears 250 MW solar-BESS project on defence land; NTPC to execute
Defence Minister Rajnath Singh has approved a 250 MW solar power project with battery storage on vacant defence land in Uttar Pradesh, marking the Ministry of Defence's first large-scale renewable energy initiative of its kind.
Waaree Renewable bags LoA for 300 MW ground-mounted solar EPC order
Waaree Renewable Technologies has received a Letter of Award for a 300 MW/450 MWp ground-mounted solar EPC project, further strengthening its order book amid growing momentum in India's renewable energy sector.
Samvardhana Motherson commissions its maiden captive solar project in Uttar Pradesh
Samvardhana Motherson International, through its energy business company, Motherson New Energy (MNEL), has commissioned its first ground-mounted captive solar power project in Uttar Pradesh via its subsidiary Onega Solar. Located in Mahoba, the 15 MWp solar facility will supply clean, renewable energy to multiple Motherson manufacturing plants across the state, marking a significant milestone in the Groups clean energy transition strategy.
NTPC May Revive Small Coal Plants To Aid Solar
NTPC's entire thermal fleet is already operating at a technical minimum load of 55%
NTPC eyes low-load thermal units
State-owned NTPC Ltd is seeking expressions of interest for developing thermal power units capable of operating at significantly lower loads, down to 25%. This move aims to enhance grid flexibility and support the integration of a growing share of variable renewable energy sources like solar and wind power.
ACME Solar Shares Jump After Raising Rs 2800 crore through QIP; Seen 65% Surge In Six Months
Key investors who have participated in the QIP included Nippon India Mutual Fund, HDFC Mutual Fund, SBI Mutual Fund, ICICI Prudential Mutual Fund, Kotak Mutual Fund, and SBI Life Insurance, among others.
ACME Solar raises ₹2,800 crore through QIP; check the list of allottees
The successful completion of the QIP is expected to strengthen Acme Solar's balance sheet by lowering leverage and providing additional financial flexibility to support future growth plans.