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ACME Solar, ReNew Power receive LoA for 550 MW Solar Power Projects
ACME Solar Holdings Private Limited and ReNew Solar Power Private Limited, a wholly-owned subsidiary of ReNew Power Ventures Private Limited, have received Letters of Award (LoAs) for setting up a total of 550 MW Inter-State Transmission System (ISTS)-connected solar power projects with energy storage systems (ESS) under Tranche-XVIII of Solar Energy Corporation of India (SECI)….
Nalco plans Rs 300 billion investment in new smelter and power plant
National Aluminium Company (Nalco) has outlined an investment of about Rs 300 billion over the next five years to establish a new aluminium smelter along with a coal-based power plant. The company has allocated around Rs 170–180 billion for the smelter project in Odisha, while approximately Rs 120 billion will be directed toward the power…
India’s renewable energy capacity addition doubles to 15 GW in FY24
India has added nearly 15 GW of renewable energy capacity between April and November this financial year, almost double the 7.54 GW added during the same period last year. Speaking at the CII International Energy Conference 2024, Union Minister Pralhad Joshi highlighted India’s growing leadership in the global clean energy sector. The country’s installed non-fossil…
Omega Seiki Mobility to launch hydrogen-powered three-wheelers
Omega Seiki Mobility (OSM) plans to roll out hydrogen-powered three-wheelers in India by the end of this financial year. The company is collaborating with state governments to initiate pilot projects, involving 50 to 100 vehicles, with plans for subsequent expansion. In partnership with Systemics, OSM has formed Hydrogen Intelligence, a joint venture that developed hydrogen-powered…
Bondada Engineering acquires 60% stake in 225 MW Maharashtra solar SPV
Bondada Engineering Limited has acquired a 60% controlling stake in Onix IPP Private Limited (OIPL), a special purpose vehicle (SPV) developing a 225 MW (AC) solar power portfolio in Maharashtra under the Mukhyamantri Saur Krushi Vahini Yojana 2.0. The acquisition marks Bondada Engineering’s move into renewable energy asset ownership, with the 225 MW portfolio backed…
ABO Energy sells South African BESS projects to EDF
ABO Energy has sold the rights to two battery energy storage systems (BESS) in South Africa to French utility Électricité de France (EDF) after advancing them to ready-to-build status. EDF secured preferred bidder status for both projects on November 30, 2023, under South Africa’s first Battery Energy Storage Independent Power Producer Procurement Programme (BESIPPPP). The…
