hybrid projects

India | News | Policy & Programmes

RREC withdraws wind and hybrid project procedure
By October 27, 2025October 28, 2025

The Rajasthan Renewable Energy Corporation Limited (RREC) has withdrawn its procedure for implementing wind and hybrid projects and will no longer register or verify wind turbine generator (WTG) coordinates on private land. Developers will now be solely responsible for maintaining mandatory spacing between turbines. The order, issued on October 15, 2025, revokes the “Procedure-cum-Guidelines for Implementation of Wind/Hybrid Power Projects in the State” issued on May 2, 2025. All WTG coordinates previously frozen under that…

Read More RREC withdraws wind and hybrid project procedure
India | News | Renewable Energy

KPI Green secures Rs 3,200 crore sanction from SBI for Gujarat projects
By September 29, 2025October 28, 2025

KPI Green Energy Limited has received a sanction of Rs 3,200 crore from the State Bank of India to support its solar and hybrid power projects in Gujarat with a combined capacity of over 1 GWp. The sanctioned amount includes both fund-based and non-fund-based facilities. It will part-finance the company’s 250 MW solar project and 370 MW hybrid project, which together add over 1 GWp to its independent power producer portfolio. The solar project will…

Read More KPI Green secures Rs 3,200 crore sanction from SBI for Gujarat projects
India | News

Oyster Renewables plans Rs 16,000 crore investment for 2 GW RE capacity by 2028
By August 12, 2025August 12, 2025

Oyster Renewables intends to invest Rs 16,000 crore to build 2 gigawatts of renewable energy capacity in India by 2028. The company will finance the platform with Rs 4,000 crore in equity and Rs 12,000 crore through debt. The first two projects, totalling 300 MW, are expected to be commissioned by December 2025. An additional 450 MW is under construction and targeted for completion by year-end. By June 2026, Oyster plans to commission 800 MW,…

Read More Oyster Renewables plans Rs 16,000 crore investment for 2 GW RE capacity by 2028
India | News

Zelestra explores $400–500 million India exit amid market optimism
By July 17, 2025July 17, 2025

Multinational energy firm Zelestra is preparing to sell its India business, estimated at $400–500 million, and has approached Brookfield, JSW Group, Sembcorp, Serentica, and Macquarie as potential buyers, reported Mint. The company has appointed JP Morgan to advise on the sale. The portfolio includes over 3 GW of hybrid renewable projects combining solar, wind, and battery storage. These projects are either operational or under development. Zelestra’s move reflects a wider trend of global energy firms…

Read More Zelestra explores $400–500 million India exit amid market optimism
India | News

Sunsure, Adani Green secure financing for solar and hybrid projects
By March 5, 2025March 5, 2025

Adani Green Energy Limited (AGEL) has refinanced its $1.06 billion construction facility. AGEL refinanced its maiden construction facility, originally secured in 2021, for developing India’s largest solar-wind hybrid renewable cluster in Rajasthan. The new long-term financing has a 19-year door-to-door tenor and follows a fully amortized debt model aligned with the asset’s lifecycle. This refinancing completes AGEL’s capital management program for the portfolio, ensuring long-term financial stability by matching financing terms with asset cash flows….

Read More Sunsure, Adani Green secure financing for solar and hybrid projects
India | News

GEDA introduces guidelines for offgrid solar, wind, and hybrid projects
By January 29, 2025January 29, 2025

The Gujarat Energy Development Agency (GEDA) has introduced a comprehensive Standard Operating Procedure (SOP) for off-grid solar, wind, and wind-solar hybrid projects, with or without storage. This initiative is part of the Gujarat Renewable Energy Policy – 2023, aimed at facilitating Renewable Purchase Obligation (RPO) compliance and expanding access to clean energy solutions. Key Highlights of the SOP: Facilitating RPO Compliance: The SOP aims to help entities that are not connected to the state grid…

Read More GEDA introduces guidelines for offgrid solar, wind, and hybrid projects
India | News

Rajasthan and UAE sign MoU for Rs 3 trillion investment in 60 GW RE projects
By October 25, 2024October 25, 2024

The Rajasthan government has signed a memorandum of understanding (MoU) with the United Arab Emirates (UAE) for an investment of Rs 3 trillion to develop renewable energy projects with a combined capacity of 60 GW in solar, wind, and hybrid energy across western Rajasthan. The UAE will appoint a qualified developer to manage project governance and administration, ensuring efficient and swift implementation.

Read More Rajasthan and UAE sign MoU for Rs 3 trillion investment in 60 GW RE projects