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Gentari, Juniper Green, and others secure SJVN’s 1.2 GW hybrid power auction

Gentari Renewables India Utilities 2, Juniper Green Energy, EG Energy Development (Enfinity Global), Sunsure Solarpark RJ One, and Adyant Enersol (Datta Infra) emerged as winners in SJVN’s Phase III auction for 1,200 MW of ISTS-connected wind-solar hybrid power projects in India.  Gentari, Juniper, EG Energy, and Adyant secured 400 MW, 300 MW, 300 MW, and 70 MW, respectively, at Rs 3.19 per kWh. Sunsure won 130 MW of its quoted 150 MW using the bucket-filling…

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Juniper Green, Jakson Green, and RIH Renewables win 200 MW GUVNL wind project auction under Phase VIII

Juniper Green Energy, Jakson Green, and RIH Renewables (EDF Renewables) have won Gujarat Urja Vikas Nigam Limited’s (GUVNL) auction to develop 200 MW of grid-connected wind power projects in India under Phase VIII. Originally launched in July 2024 for 500 MW, GUVNL later reduced the auction capacity to 200 MW. Juniper Green secured 50 MW at a tariff of Rs 3.56 per kWh, RIH Renewables won 40 MW at Rs 3.59 per kWh, and Jakson…

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JSW, Tata Power, Avaada, Juniper win MSEDCL’s 1,650 MW wind-solar auction

Maharashtra State Electricity Distribution Company (MSEDCL) has selected JSW Neo Energy, Tata Power Renewable Energy Limited (TPREL), Avaada Energy, and Juniper Green Energy as the winners of its 1,650 MW wind-solar hybrid auction. These companies will supply power on a long-term basis from grid-connected intrastate projects. JSW Neo secured 600 MW, including 400 MW under the greenshoe option, while Tata Power won 400 MW, with 200 MW under the greenshoe option. Avaada Energy was awarded…

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Hero, Zelestra, Juniper, ReNew, Avaada declared winners of SJVN’s 1.2 GW FDRE II Auction

Hero Solar Energy, Ganeko Solar (Zelestra), Juniper Green Energy, ReNew, and Avaada have emerged as winners in SJVN’s auction for supplying 1,200 MW of firm and dispatchable power. The power will come from inter-state transmission system (ISTS)-connected renewable energy projects with energy storage systems, under the FDRE II competitive bidding. Juniper, ReNew, Zelestra, and Hero secured 200 MW, 150 MW, 140 MW, and 120 MW, respectively, at Rs 4.25 per kWh. Avaada was awarded 590…

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Juniper, ACME, Sembcorp win SECI’s 600 MW Wind-Solar Auction

Juniper Green Energy, ACME Solar Holdings, and Sembcorp Green Infra have won Solar Energy Corporation of India’s (SECI) auction to develop 600 MW of interstate transmission system (ISTS)-connected wind-solar hybrid projects (Tranche IX). ACME secured 300 MW at a tariff of Rs 3.25 per kWh, while Juniper and Sembcorp were awarded 150 MW each, with Sembcorp’s tariff at Rs 3.26 per kWh. The tender, originally floated for 400 MW, was expanded to 600 MW. According…

Power Sector News Roundup for November 6, 2024

Global: Westbridge sells 75% stake in Alberta’s Sunnynook solar project to METLEN Emeren and Arpinge partner on 300MW battery storage portfolio in Italy EDF Renewables signs 20-year energy storage PPA with APS for 250 MW Beehive BESS UAE’s Nakheel and DEWA partner on 132 kV substation in Palm Jebel Ali Canada proposes 35% emissions cap on oil and gas sector by 2030 ACCIONA Energía acquires 300 MW of wind capacity in Texas FTC Solar to…

Power Sector News Roundup for October 17, 2024

Global: – World Bank approves USD 250 million for renewable energy in Lebanon– Masdar and Presight to launch AI tool for managing RE assets globally– Fugro to site investigate Rhein-Main-Link offshore wind cable project in Germany– Sumitomo and CEP Solar to deliver 1.5GW of clean energy projects in Virginia– Ignitis Group to bid in Lithuania’s second offshore wind tender – Quinbrook signs offtake agreements with Tesco and Shell for Cleve Hill Solar Park– VNG AG…

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Waaree Energies to launch Rs 36 billion IPO

Waaree Energies has announced its initial public offering (IPO), set to launch on October 21, 2024. The anchor investor bidding will open on October 18, and the offer will close on October 23. The IPO includes 4.8 million equity shares with a total value of Rs 36 billion. The price band is set between Rs 1,427 and Rs 1,503 per share, with a minimum bid of 9 shares.  Waaree Sustainable Finance Private Limited will offer…

Power Sector News Roundup for October 8, 2024

Global: Malaysia’s power utility partners with Keppel to supply 100 MW in cross-border deal Taihan Cable secures contract for Singapore’s 400 kV power grid Runergy launches solar module manufacturing facility in US EET to develop UK’s first large-scale low-carbon hydrogen hub CWP Global to develop 600 MW green hydrogen project in Angola India: IEX posts 24% growth in trading volume, REC prices hit all-time low in September 2024 GAIL, AM Green signs MoU to jointly…

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NTPC invites bids for 1,200 MW wind-solar hybrid project

NTPC has issued a tender for the supply of 1.2 GW of power from inter-state transmission system (ISTS) connected wind-solar hybrid projects in India, with a greenshoe option for an additional 600 MW capacity. The project will be executed on a build, own, operate basis. Interested bidders must submit their bids by October 8, 2024, and a reverse auction will determine the final supplier. According to the tender guidelines, all bidders must pay Rs 22,500…