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Renewable energy developers commit massive capacity investments at RE-Invest 2024

India, News

At the RE-Invest event in Gandhinagar, Gujarat, several renewable energy developers have made significant capacity creation commitments as part of their “Shapath Patra” agreements with the government. Reliance Industries (RIL) has pledged to set up 100,000 MW of additional renewable capacity by 2030, alongside manufacturing 20,000 MW per year of integrated solar PV and equivalent glass capacity. Other major commitments include: NTPC Ltd: 41,300 MW ReNew: 40,000 MW Adani Green Energy: 38,300 MW Hero Future…

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JSW commissions 300 MW wind power plant in Tamil Nadu

India, News

JSW Renew Energy Two, a subsidiary of JSW Energy, has commissioned the 300 MW wind power plant at Tuticorin, Tamil Nadu. The inter-state transmission system (ISTS) project, awarded by the Solar Energy Corporation of India (SECI) under Tranche-X, is the company’s first greenfield wind power plant for SECI. An additional 150 MW of wind capacity under SECI Tranche-X, located at Dharapuram, is also nearing completion, with 138 MW already operational. With this, JSW Energy’s total…

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Par panel to scrutinise performance of insurance sector PSUs, solar corporations

India, News

A parliamentary committee, tasked with reviewing the performance of central public sector undertakings (PSUs), will examine the efficiency of insurance sector PSUs, solar power corporations, and other entities. The Committee on Public Undertakings (CoPU), chaired by BJP MP Baijayant Panda, will evaluate the performance of the Solar Energy Corporation of India Limited (SECI) in light of the government’s focus on renewable energy as a key growth driver. The committee will also review the performance of…

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Honeywell commissions microgrid battery energy storage system for Lakshadweep Islands project

India, News

Honeywell Automation India (HAIL) has commissioned a microgrid battery energy storage system (BESS) for the Solar Energy Corporation of India’s (SECI) project in the Lakshadweep Islands. This project marks the first non-containerized BESS approved by SECI and integrates Honeywell’s advanced Energy Management System (EMS) and microgrid controller to manage renewable energy distribution. As part of the initiative, Honeywell supplied its EMS, power plant controller, and various BESS sub-systems. The company provided an end-to-end solution for…

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Indian Railways eyes nuclear power to boost renewable energy usage

India, News

Indian Railways is considering using nuclear power through captive units as part of its strategy to increase reliance on non-fossil fuel sources. Aiming to become a net-zero carbon emitter by 2030, the Railways expects to need 30,000 MW of renewable capacity by 2029-30 to achieve this target. Alongside nuclear power, Indian Railways is already working on commissioning solar power units, wind-based power plants, and exploring hydel power options. In each of these areas, the Railways…

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Thirteen companies shortlisted for subsidies under SIGHT scheme for green hydrogen electrolysers

India, News

Thirteen companies, including Adani Enterprises, Waaree Energies, Ohmium Operations, and Avaada Electrolysers, have been shortlisted to receive subsidies under the second tranche of the Strategic Interventions for Green Hydrogen Transition (SIGHT) scheme. This scheme, part of the National Green Hydrogen Mission, aims to promote the manufacturing of electrolysers in India. The SIGHT scheme has a total outlay of Rs 174.9 billion, with Rs 22 billion allocated for this second tranche. The Solar Energy Corporation of…

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Gensol-Matrix win Rs 4.5 billion PLI award for 237 MW hydrogen electrolyser project

India, News

Gensol Engineering Ltd and Matrix Gas & Renewables Ltd have secured a Rs 4.5 billion production-linked incentive (PLI) award to manufacture a 237 MW hydrogen electrolyser. The award is part of a competitive tender issued by the Solar Energy Corporation of India (SECI), with the consortium’s total secured capacity reaching 300 MW, including a previous 63 MW award under the first tranche.

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Serentica Renewables’ plans for expansion and diversification

India, News

Serentica Renewables, a subsidiary of Vedanta Group, is planning to expand its capacity, aiming to add nearly 2 GW in FY25 with a capital expenditure target of Rs 150 billion. The company currently has 4 GW under construction and plans to sign power purchase agreements (PPAs) for an additional 4 GW within the next two quarters. Serentica is also seeking partnerships for an energy storage project and has intentions to enter the green hydrogen sector…