Author: Power Peak Digest Team Pub Date: January 2, 2025
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JSW Renew, NTPC sign PPA for 700 MW solar project
Author: Power Peak Digest Team Pub Date: October 15, 2024 JSW Renew Energy Thirteen Limited, a subsidiary of JSW Energy, has signed a Power Purchase Agreement (PPA) with NTPC Limited for a 700 MW solar project. The 25-year agreement sets a tariff of Rs 2.59 per kilowatt-hour (KWh) and connects the project to both the Inter-State Transmission System (ISTS) and State Transmission Utility (STU). The project is expected to be commissioned by June 2026. This…
Elcogen secures €24.9 million EU grant for hydrogen tech expansion
Author: Power Peak Digest Team Pub Date: November 13, 2024 Elcogen has been awarded €24.9 million from the European Union’s 2024 Innovation Fund to expand its production capacity for solid oxide electrolyser cell (SOEC) and solid oxide fuel cell (SOFC) components in Tallinn, Estonia. This funding will enhance Elcogen’s role in advancing green hydrogen production and supporting the transition to green energy. The EU’s Innovation Fund allocated €4.8 billion across 85 projects in 2024, targeting…
Central government approves 2,000 MW solar park in Rajasthan
Author: Power Peak Digest Team Pub Date: December 11, 2024 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.
ACME Solar commissions 1,023 MW solar projects in Rajasthan
Author: Power Peak Digest Team Pub Date: December 20, 2024 ACME Solar has commissioned four co-located ISTS-connected solar projects totaling 1,023 MW in Rajasthan’s Jaisalmer district. The 1,200 MW capacity project already has a 25-year power purchase agreement with the Solar Energy Corporation of India (SECI) at a tariff of Rs 2.44 per kWh. The remaining 177 MW of the project is in the commissioning process. Once fully operational, the project will generate around 3,000…
Tata Power and Druk Green to develop 5,000 MW clean energy in Bhutan
Author: Power Peak Digest Team Pub Date: November 21, 2024 Tata Power Company Ltd and Druk Green Power Corporation Ltd (DGPC) have entered into a partnership to develop at least 5,000 MW of renewable energy capacity in Bhutan. This collaboration, supported by the Royal Government of Bhutan and the Government of India, marks the largest clean energy partnership between the two nations and aims to strengthen regional energy security and accelerate the clean energy transition….
DERC issues draft regulations for intrastate transmission projects under TBCB
Author: Power Peak Digest Team Pub Date: September 3, 2024 The Delhi Electricity Regulatory Commission (DERC) has released draft regulations to establish the threshold size for intrastate transmission system (InSTS) schemes developed under the tariff-based competitive bidding (TBCB) mechanism. The regulations, titled “Draft Delhi Electricity Regulatory Commission (Threshold Limit for the Development of Intra-State Transmission Projects under the Tariff Based Competitive Bidding) Regulations, 2024,” are open for public comments and suggestions. A key aspect of…