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Japan eyes manufacturing and solar energy partnerships in Rajasthan

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Japan has identified manufacturing and renewable energy, particularly solar energy, as key sectors for collaboration with Rajasthan.  This focus was highlighted during the Japan Country Session titled “Versatility of Industries: Manufacturing and Beyond” at the Rising Rajasthan Global Investors Summit in Jaipur on December 9, 2024. The session emphasized leveraging Japan’s advanced technologies, sustainability initiatives, and digital expertise to bolster Rajasthan’s industrial base.  Discussions explored potential partnerships to drive growth in renewable energy and manufacturing,…

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Central government approves 2,000 MW solar park in Rajasthan

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The Central government has approved the development of a 2,000 MW solar park in Rajasthan, with 30 per cent central financial assistance. The project will be developed by Rajasthan Solar Development Corporation. Rajasthan currently has an installed renewable energy capacity of 30.31 GW, with solar power contributing 24.55 GW.

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Serentica Renewables to set up 10,000 MW renewable energy projects in Rajasthan

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Serentica Renewables India Private Limited (SRIPL) has announced plans to set up 10,000 MW of renewable energy projects in Rajasthan.  The company intends to invest Rs 500 billion in the state, as part of the “Rising Rajasthan Summit 2024,” to develop its renewable energy capacity.

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Adani Group to invest Rs 7 trillion in Rajasthan for renewable energy

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Adani Group has announced plans to invest over Rs 7 trillion in Rajasthan across multiple sectors, including renewable energy.  The investment includes developing 100 GW of renewable energy capacity, aiming to create the world’s largest integrated green energy ecosystem. The projects are expected to be implemented over the next five years.

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Tata Power to invest Rs 1.2 trillion in Rajasthan renewable projects

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Tata Power has announced an investment of Rs 1.2 trillion in Rajasthan to develop various renewable energy projects, including rooftop solar installations and electric vehicle (EV) charging infrastructure.  The announcement was made at the Rising Rajasthan Global Investment Summit on December 9, 2024. The investment roadmap aims to transform Rajasthan into a power surplus state through clean and affordable energy. It includes Rs 750 billion for solar, wind, and hybrid projects in regions such as…

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DCM Shriram invests Rs 571.2 million in hybrid renewable power project

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JSW Renew Energy Thirty Two Limited, a subsidiary of JSW Energy Limited (JSWEL), has signed a definitive agreement with DCM Shriram Limited to establish a 68 MW wind-solar hybrid power project in Kota, Rajasthan.  The project will supply renewable energy to DCM Shriram, replacing the power currently procured from its 40 MW thermal power project. Additionally, the Board of Directors of DCM Shriram has approved an equity investment of 28% stake and a capital expenditure…

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Fujiyama Power to invest Rs 6.5 billion in solar manufacturing in MP

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Fujiyama Power Systems, a major player in the rooftop solar segment, has acquired 24.89 hectares in Ratlam, Madhya Pradesh, to set up a solar manufacturing facility.  The Delhi-based company plans to invest Rs 6.5 billion to produce solar panels, lithium-ion batteries, and allied solar products. The facility, set to begin with a production capacity of 2 GW, will cater to residential, commercial, and industrial segments, with exports to over 10 countries.  Chief Minister Dr. Mohan…

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Airox Nigen launches 600 MW solar module line in Haryana

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Airox Nigen has established a 600 MW solar module manufacturing line in Rohnat, Haryana, as part of its larger 2 GW renewable energy project.  According to the company, the facility, located in a 17-acre renewable energy park, is positioned to become a significant hub for sustainable energy innovation. The 600 MW facility will serve as the foundation for scaling up to the planned 2 GW capacity.  Equipped with advanced technology, it will produce high-efficiency solar…

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Hitachi Energy launches Nostradamus AI for advanced energy forecasting

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Hitachi Energy has introduced Nostradamus AI, a cutting-edge artificial intelligence (AI)-powered energy forecasting solution.  The solution leverages over 30 years of energy market data to provide utilities, power system operators, energy producers, and traders with highly accurate forecasts tailored to energy-specific use cases. Nostradamus AI is designed to be one of the first AI-driven forecasting tools specifically for the energy sector. It offers forecasts that are over 20% more accurate than many industry benchmarks, optimizing…