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India’s renewable energy capacity to grow at double the rate of overall energy capacity by 2030: CRISIL
According to a report by CRISIL, India’s renewable energy (RE) capacity, excluding large hydro projects, is expected to grow at a compound annual growth rate (CAGR) of 16.5%-17%, reaching 360-370 GW by fiscal 2030. This growth rate is double that of the country’s overall power capacity, which is projected to grow by 7.5%-8%, increasing from…
Aslan Energy signs MoU to supply hydrogen to CalYan XGH
Aslan Energy Capital has signed a memorandum of understanding (MoU) to supply 100,000 tonnes per annum (TPA) of sustainable hydrogen to CalYan XGH. The green hydrogen will be sourced from Aslan Energy Capital’s Aslan Net-Zero Energy Mexico (ANEM) Project, a solar-powered facility in Mexico focused on producing green hydrogen and green ammonia, set to be…
SECI awards 5.67 MW rooftop solar under Tranche VIII
The Solar Energy Corporation of India Limited (SECI) has announced results for its January 2026 tender covering 5,665 kW of rooftop solar capacity across 14 government buildings. The projects are being developed under the RESCO (Renewable Energy Service Company) model as part of Tranche-VIII. GH2 Solar secured the largest share, winning 1,200 kW at Rs…
Datta Power Infra signs PPA with SECI for 50 MW wind project
Datta Power Infra Private Limited has signed a 25-year power purchase agreement (PPA) with Solar Energy Corporation of India (SECI) for a 50 MW Inter State Transmission System (ISTS)-connected wind power project under SECI’s Tranche-XVII. The agreement was finalized on February 28, 2025. In November 2024, Adyant Enersol Private Limited, a wholly owned subsidiary of…
IEX records monthly electricity traded volume of 11,132 MU
Indian Energy Exchange (IEX) set a new record in December 2024, trading 11,132 MU of electricity, marking a 29% year-on-year increase. The exchange also saw a 58% rise in renewable energy certificates (RECs), with 1.7 million RECs traded. For the first nine months of FY25, IEX’s electricity traded volume reached 88,981 MU, reflecting a 19%…
CERC order highlights risks for renewable developers when PPAs and connectivity approvals are delayed
The Central Electricity Regulatory Commission (CERC) has granted Datta Power Infra Private Limited an additional 30 days to submit financial closure documents for its 162 MW wind-solar hybrid projects in Madhya Pradesh, while criticising Central Transmission Utility of India Limited (CTUIL) for delays in issuing the final grant of connectivity. The dispute arose after Datta…
