Serentica Renewables India Private Limited (SRIPL) has announced plans to set up 10,000 MW of renewable energy projects in Rajasthan.
The company intends to invest Rs 500 billion in the state, as part of the “Rising Rajasthan Summit 2024,” to develop its renewable energy capacity.
EDF Renewables has secured a 20-year Energy Storage Power Purchase Agreement (PPA) with Arizona Public Service (APS) for the Beehive Battery Energy Storage System (BESS) in Peoria, Arizona. This 250 MW, four-hour duration stand-alone battery system, totalling 1,000 MWh, will start construction in 2025 and is set for commercial operation by 2026. Beehive BESS, equipped with lithium-ion batteries, inverters, transformers, and a substation, will store renewable energy to meet peak demand, supporting APS’s capacity needs. …
NHPC has announced that all four units of the Parbati-II Hydroelectric Project (800 MW) in Himachal Pradesh are expected to be operational by March 2025. This run-of-the-river project is designed to harness the hydro potential of the lower reaches of the Parbati River. With a cost estimate of Rs 39.2 billion, it will feature four Pelton turbines, each with a 200 MW capacity, supplied by Bharat Heavy Electricals.
Indian solar manufacturer Goldi Solar has announced plans to significantly expand its production capacity over the next few years. The company aims to increase its solar module capacity from 3GW to 14GW by mid-FY2026 and build a new 4GW solar cell plant by FY2027. The new solar module plant will be located in Gujarat, where Goldi Solar already operates two assembly plants in Pipodara and Navsari with a combined 3GW capacity. This expansion is part…
NTPC Vidyut Vyapar Nigam (NVVN) has awarded contracts totalling 66 MW of solar capacity to Kirloskar Solar Technologies and Oriana Power. The projects, valued at Rs 2.91 billion, will be developed across multiple Indian states. Kirloskar Solar Technologies received contracts for 32.29 MW of ground-mounted solar projects and 14.74 MW of rooftop solar installations, amounting to Rs 2.08 billion. These projects will be set up in Chhattisgarh, Madhya Pradesh, Uttar Pradesh, Kerala, Gujarat, and Assam….
Orlen Group, through its subsidiary ORLEN Wind 3, has finalized the acquisition of two solar photovoltaic (PV) farms and a wind farm from EDP Renewables Polska, boosting its renewable energy generation capacity by more than 300 MW. The assets include solar PV farms in the Zielona Góra and Poznań provinces, and a wind farm in the Łódź province. This acquisition raises Orlen Group’s total installed capacity to 580 MW in onshore wind farms and over…
The National Company Law Tribunal (NCLT) has approved the acquisition of bankrupt SKS Power Generation by Sarda Energy & Minerals for Rs 22 billion. This acquisition allows Indian banks, which have an exposure of Rs 18.9 billion, to recover their entire amount from the electricity generation firm. SKS Power Generation owns a 600-MW power plant in Chhattisgarh, currently operated by NTPC. The committee of creditors, led by State Bank of India (SBI) and Bank of…