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A solar park spread over 82.94 acres with a capacity of 51,966 megawatt-hours and electric vehicle (EV) charging facilities across 20 per cent of the parking area will anchor the green infrastructure of the upcoming Noida International Airport at Jewar, the Uttar Pradesh government said on Monday. According to an official statement, the airport will operate with extensive use of renewable energy and electric mobility, with all vehicles deployed for airside operations to be 100 per cent electric and supported by multiple charging points installed at different locations on the campus. The state government said the Jewar airport is being developed on a net-zero concept in collaboration with Zurich Airport Group and has already achieved the distinction of becoming India's first IGBC (Indian Green Building Council) Green Campus-certified airport. According to the statement, the terminal building has been specially designed to ensure minimal consumption of energy, water and resources. YE
Hartek Power on Thursday said it has secured a major renewable energy contract worth Rs 353.77 crore for a solar project with a battery energy storage system in Karnataka. The company has been awarded the EPC (engineering procurement construction) scope for a 280 MW AC / 410 MWp DC solar PV project, along with an 80 MW / 320 MWh battery energy storage system at Challakere, a company statement said. The scope of work includes design, engineering, supply, erection and commissioning of the project, along with one year of operations and maintenance. The total purchase price for the signed and agreed scope is approximately Rs 353.77 crore, it added. Battery energy storage systems are emerging as a critical enabler for managing intermittency in solar power and supporting round-the-clock energy availability. Simarpreet Singh, Executive Director and CEO, Hartek Group, said, "This project reflects the growing maturity of India's renewable energy market, where solar generation and storage ar
Multilateral development bank ADB has approved a USD 650 million (about Rs 5,780 crore) policy-based loan to help the Government of India accelerate rooftop solar adoption and expand access to clean, affordable energy for 10 million households by 2027. The financing under Subprogram 1 of the Accelerating Affordable and Inclusive Rooftop Solar Systems Development Program will support the government's flagship initiative Pradhan Mantri Surya Ghar: Muft Bijli Yojana (PMSGMBY) which aims to make rooftop solar systems widely accessible nationwide, ADB said in a statement on Tuesday. The programme is accelerating India's clean energy transition by removing long-standing barriers to rooftop solar adoption, including financing constraints and regulatory gaps, ADB Country Director for India Mio Oka said. It is making rooftop solar affordable and accessible for millions of households while creating green jobs, empowering women, and strengthening the financial health of the power sector, she
Renewable energy player Goldi Solar on Wednesday said it has raised over Rs 1,400 crore in a funding round led by consumer electrical goods maker Havells India Ltd. Besides, various high-net-worth individuals (HNIs), institutional and strategic investors have participated in the capital infusion, the Gujarat-based module maker said. In a statement, Goldi Solar said it has "secured a landmark growth capital infusion led by Havells India, alongside a distinguished consortium of high-net-worth individuals (HNIs), institutional, strategic, and prominent investors." The company has raised a total of Rs 1,422 crore from multiple investors, and the capital will be used to fund future growth plans. Other prominent investors and family businesses are Ambit Global Private Client, Nikhil Kamath, Shahi Exports Pvt Ltd, SRF Transnational Holdings Ltd, Karmav Real Estate Holdings LLP, NSFO Ventures LLP, and Godwitt Construction Pvt Ltd. According to market sources, Havells has infused Rs 600 cr