The Solar Energy Corporation of India Limited (SECI) has issued a tender for the development of 1,200 MW of ISTS-connected solar power projects integrated with 600 MW/3,600 MWh energy storage systems (ESS). Projects will be implemented on a build-own-operate basis. Developers must install ESS with at least 0.5 MW/3 MWh for every 1 MW of solar capacity. Bids must be for at least 50 MW and not more than 600 MW. The ESS may be…
Vena Energy and Copenhagen Infrastructure Partners (CIP) have secured an offtake contract for their joint 500 MW Taean Wind Project in South Korea, awarded in the Wind Power Fixed-Price Contract Auction by the Korea Energy Agency (KEA). The fixed-bottom offshore wind project is slated for construction in the second half of 2026, with commercial operations expected by late 2029. CIP acquired a 49% stake in the project through its flagship fund, Copenhagen Infrastructure V, in…
Tasmania’s first large-scale solar photovoltaic (PV) project, the 288 MW Northern Midlands solar farm, has signed an offtake agreement with state-owned utility Hydro Tasmania, committing to purchase 100% of the energy generated by the A$500 million (US$325 million) project near Launceston. The farm, developed by TasRex in partnership with investment manager Birdwood Energy, is expected to be operational by 2027. Spanning 600 hectares and equipped with 670,000 solar PV modules, the solar farm will diversify…
JSW Energy has commissioned India’s largest green hydrogen manufacturing plant, marking its entry into commercial-scale hydrogen production. The facility, located next to the JSW Steel plant in Vijayanagar, Karnataka, has been developed under Tranche I of the Production Linked Incentive (PLI) scheme. The plant will supply green hydrogen directly to JSW Steel’s direct reduced iron (DRI) unit, enabling low-carbon steel production. Under a seven-year offtake agreement, JSW Energy will supply 3,800 tons per annum (tpa)…
Serentica Renewables has entered into a power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) for 100 megawatts (MW) of round-the-clock renewable supply. The company stated that this is the country’s first “load-following” PPA, developed in consultation with SECI and state distribution companies (DISCOMs) to align with the seasonal load profile of the offtakers. The agreement requires Serentica to meet 80 per cent of the contracted hourly demand each month. The load…
KP Group has announced a partnership with GH2 Solar and South Korea’s AHES Co. Ltd. to develop a green ammonia production facility in India with a planned capacity of 100,000 metric tons per annum (TPA). The project will be executed through KPI GH, with AHES and GH2 providing technical and strategic support. This includes arranging offtake agreements for the output, targeting South Korea, Japan, and other global markets. KP Group said AHES will also act…
L&T Energy GreenTech Limited (LTEG), a wholly owned subsidiary of Larsen & Toubro, has signed a joint development agreement with Japan’s ITOCHU Corporation to develop and commercialise a 300 kilo tonnes per annum (KTPA) green ammonia project at Kandla, Gujarat. Under the agreement, ITOCHU plans to offtake the product for bunkering applications in Singapore. L&T acquired land at Kandla last year for green hydrogen and ammonia projects. The partnership supports LTEG’s strategy to expand across…
Around 26 gigawatt (GW) of under-construction renewable energy capacity could be affected by the expiry of the full waiver on inter-state transmission system (ISTS) charges for solar and wind projects, according to Crisil Ratings. The exemption period ended on June 30, 2025. The Ministry of Power introduced the ISTS charge waiver in 2016 to promote renewable energy development, particularly enabling states such as Rajasthan and Gujarat to supply power cost-effectively to high-demand regions. The scheme…
The Free Trade Agreement (FTA) signed between India and the United Kingdom on July 24 will allow Indian renewable energy manufacturers to export products such as solar modules and wind turbines to the UK at zero tariffs. The move is expected to create new export opportunities for Indian firms amid slowing demand in the United States. The UK has also committed to supporting India in clean energy areas such as green hydrogen, civil nuclear energy,…
Reliance Industries Ltd (RIL) has announced that its clean energy gigafactories in Jamnagar, Gujarat, will become fully operational over the next four to six quarters, according to Bloomberg. These facilities are central to the company’s $10 billion renewable energy and green hydrogen strategy, first unveiled in 2021. The Dhirubhai Ambani Green Energy Giga Complex spans 5,000 acres and is located near Reliance’s oil refinery, the world’s largest. Once complete, the complex will manufacture solar photovoltaic…