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CleanMax signs hybrid renewable PPA with Shell India for 30 MW capacity
Clean Max Enviro Energy Solutions Limited (CleanMax) has entered into an agreement to supply hybrid renewable energy to Shell India’s operations in Gujarat and Karnataka. The collaboration covers the development of two wind-solar hybrid projects with a combined installed capacity of about 30 MW. In Gujarat, CleanMax is developing a 16.83 MW hybrid plant to…
Axis Energy plans Rs 31,750 crore renewable investment in Odisha
Axis Energy (Axis Energy) has proposed an investment of Rs 31,750 crore in Odisha to develop large scale renewable energy projects across multiple clean energy segments. The proposed investment covers around 5,000 MW of renewable energy capacity. The portfolio includes wind, solar, agri photovoltaics (Agri PV), hybrid power projects, and battery energy storage systems (BESS)….
Ofgem urges faster grid connections for renewables in UK
The UK’s Office of Gas and Electricity Markets (Ofgem) has called on network operators to expedite the connection of renewables, clean power, and storage projects to the grid. In response to a backlog of 722 GW of projects awaiting connection, Ofgem has set forth proposals to streamline the process, prioritising projects ready to operate within…
Core sector output growth recovers to 4.3% in November 2024
Growth in the output of India’s eight key infrastructure industries, collectively known as the core sector, rose to 4.3% year-on-year (Y-o-Y) in November, marking a four-month high from the revised figure of 3.7% in October. This recovery follows a contraction of -1.6% in August, the first in 42 months. In November 2023, growth was recorded…
Mizoram launches rooftop solar initiative under PM-SGMBY
Mizoram’s power and electricity minister has introduced a new initiative under the PM-Surya Ghar Muft Bijli Yojana (PM-SGMBY), enabling households to install rooftop solar systems with substantial government subsidies. The scheme is available exclusively to Indian citizens who are current electricity consumers with good payment records and is limited to private residential properties. In partnership…
Refex Green acquires full ownership of Sherisha Solar SPV Two
Refex Green Power Limited (RGPL), a wholly-owned subsidiary of Refex Renewables & Infrastructure Limited, has acquired the remaining 51% equity stake in Sherisha Solar SPV Two Private Limited. This acquisition increases RGPL’s ownership to 100%, making Sherisha Solar SPV Two a fully-owned step-down subsidiary.
