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NTPC and EDF collaborate to develop hydro and PSPs in India
NTPC Limited and EDF India Private Limited have signed a non-binding term sheet to collaborate on the development of pumped storage projects and hydro projects integrated with renewable energy initiatives. The partnership will also explore opportunities in the power distribution sector. As part of this collaboration, the two companies plan to establish a joint venture…
NTPC partners with USAID to achieve net zero emissions in townships, offices by 2025
NTPC has signed an MoU with USAID’s India Mission to create a roadmap for transforming its townships and offices into net zero establishments. NTPC aims to achieve net zero Scope 2 emissions in its townships and offices by FY 2025-26. Efforts are also underway to make these locations net zero in water and waste. The…
Saatvik Solar to supply PV modules to L&T for Bihar BESS project
Saatvik Solar has secured a contract to supply 213 MW of solar photovoltaic (PV) modules to Larsen & Toubro (L&T) for its 245 MW battery energy storage system (BESS) project in Bihar. The project consists of 185 MW for a grid-connected solar power plant and 45.4 MW for a 4-hour battery storage system in Kajra…
Avangrid sells Kitty Hawk North offshore wind lease area to Dominion
Avangrid has completed the sale of its 40,000-acre Kitty Hawk North offshore wind lease area to Dominion Energy for $160 million. The transaction includes a $117 million lease acquisition payment and reimbursement for associated development costs. The sale agreement was initially signed in July 2024. Avangrid, part of the Iberdrola Group, retains the rights to…
MNRE includes solar PV cells in ALMM framework
The Ministry of New and Renewable Energy (MNRE) has announced the inclusion of solar PV cells in a newly introduced List-II under the Approved List of Models and Manufacturers (ALMM), set to take effect from June 1, 2026. This amendment expands the ALMM framework, which previously only covered solar modules. With the addition of solar…
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…
