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India’s net-zero ambitions hinge on green hydrogen, S&P Global report finds
India’s target of achieving net-zero emissions by 2030 depends heavily on significant advancements in the green hydrogen sector, according to a report by S&P Global. The report warns that delays in progress could push the timeline back by as much as a decade. Green hydrogen is a key element in India’s energy transition strategy, which focuses on energy efficiency, renewable energy, low-emission fuels, and sustainable mobility. To meet its ambitious goals, India must ramp up…
Saatvik Solar to supply 200 MW of high-efficiency PV modules to G2H Solar
Saatvik Solar has entered into a contract with G2H Solar to supply 200 MW of high-efficiency solar photovoltaic (PV) modules for projects across India. The modules, featuring advanced mono PERC bifacial half-cut technology with power ratings of 540/550 Wp, will be delivered over 12 months starting in January 2025.
Torrent Power to invest Rs 1.1 trillion capex plan on renewables and storage
Torrent Power has unveiled a capital expenditure plan of Rs 1.1 trillion over the next eight years, emphasizing renewable energy and energy storage initiatives. More than 63% of this investment is earmarked for the renewable energy sector, underscoring the company’s dedication to India’s clean energy transition. Vice President Jinal Mehta detailed these plans during a panel discussion at the State Bank of India’s banking conclave. He highlighted Torrent Power’s strategy to expand its renewable energy…
Adani Energy adds 2,000 ckm to transmission portfolio
Adani Energy Solutions Ltd (AESL) has added over 2,000 circuit kilometers (ckm) to its under-construction power transmission portfolio with three new project wins in Q2 FY25. These projects, totalling 2,059 ckm of transmission lines and 13,500 MVA of substation capacity, bring AESL’s total under-construction portfolio to 5,155 ckm of lines and 35,071 MVA. All three projects are part of interstate transmission system (ISTS) schemes awarded under the tariff-based competitive bidding (TBCB) route, with a combined…
Sunsure Energy to supply 20 million units of clean power annually to Kirloskar
Sunsure Energy has signed a 13.5 MWp solar Open Access Power Purchase Agreement (PPA) with Kirloskar Brothers Ltd (KBL) to supply 20 million (2 crore) units of clean power annually. The solar energy will power KBL’s manufacturing facilities in Kirloskarvadi and Kolhapur, meeting 75% of their energy needs from renewable sources. This transition will help KBL offset 14,200 metric tonnes of CO2 emissions each year. Sunsure Energy, founded in 2014, specializes in renewable energy solutions,…
Grew Energy partners with IIT Bombay to boost photovoltaic innovation
Grew Energy Pvt Ltd, a solar photovoltaic (PV) module manufacturing company, has entered into a partnership with the Indian Institute of Technology, Bombay (IIT Bombay) to advance innovation and excellence in photovoltaic technology. This collaboration will focus on solar cell and module manufacturing, performance characterization, and reliability assessments, aiming to drive significant advancements in the sector. The Memorandum of Understanding (MoU) between IIT Bombay and Grew Energy lays the groundwork for a dynamic partnership that…