Prozeal Green Energy Limited has entered into a power purchase agreement (PPA) with Grasim Industries Limited to develop a 70 MW wind–solar hybrid project. The capacity includes 49.5 MW in Gujarat and 20.5 MW in Andhra Pradesh. The project underscores Prozeal’s strategy to expand its portfolio in integrated renewable solutions, combining wind, solar, battery energy…
ReNew Energy has received $331 million in debt financing from the Asian Development Bank (ADB) to develop a large-scale clean energy project in Andhra Pradesh. The financing includes up to $291 million in local currency from ADB’s ordinary capital resources and $40 million from the ADB-administered Leading Asia’s Private Infrastructure Fund 2. The loan forms…
ReNew Power Ventures Private Limited plans to develop a 2,800 MW wind-solar hybrid power project with a 2,000 MWh Battery Energy Storage System (BESS) in Anantapur, Andhra Pradesh. The foundation stone will be laid on May 16, 2025. The project will be executed in two phases: Phase I will include 587 MW solar, 250.8 MW…
Chemplast Sanmar Limited and its wholly-owned subsidiary, Chemplast Cuddalore Vinyls Limited (CCVL), have signed a power purchase agreement (PPA) with JSW Green Energy Nine Private Limited, a special purpose vehicle (SPV) of JSW Neo Energy Limited, a subsidiary of JSW Energy Limited (JSWEL). Under the agreement, the SPV will develop an 84.9 MW wind-solar hybrid…
X-ELIO has announced the expansion of its Blue Grass Solar Farm, located in Queensland’s Western Downs, by integrating a 148 MW Battery Energy Storage System (BESS). This marks X-ELIO’s first hybrid solar and storage project in Australia. The project will be developed in two phases: the first phase will deliver 60 MW BESS by 2025,…