The transition presents threats and opportunities for investors. Obviously vast sums will be spent
Get ready for a paradigm shift as WattPower opens the doors to a new era of accessible Smart PV solutions with the launch of its state-of-the-art factory in Chennai, India
: Amara Raja Infra Pvt Ltd (ARIPL), part of the USD 1.75 billion Amara Raja Group, has accomplished a significant achievement by securing a new solar project worth USD 130 million in Bangladesh. A press release from Amara Raja said the venture serves as ARIPL's entry into the international solar market, marking a new milestone for the company. The scope of the project which consists of Engineering, Design, Supply, Installation, and Commissioning of a 100 MW (AC) Solar PV Power Plant will be funded by the Exim Bank of India, it said. ARIPL, in collaboration with Premier Solar of Hyderabad, secured the project from Rural Power Company Ltd (RPCL) in Bangladesh. The project spans 326 acres at Madarganj in Jamalpur District and will be completed in the next 18 months. After the project is commissioned, ARIPL will also provide comprehensive operation and maintenance services for two years, along with warranty spares and consumables. Vikramadithya Gourineni, Director, Amara Raja Infra Pvt
The Arunachal Pradesh State Council for Science and Technology in collaboration with the School of Energy Science & Engineering under IIT Guwahati installed a solar-wind power plant in Papum Pare district on Friday. The 10-KW hybrid plant system was set up at Rural Technology Demonstration Centre (RTDC) in Kimin. The system has a four-blade horizontal axis wind turbine of 5 KW capacity installed at 12-metre height from the ground level and another 5 KW-capacity solar photovoltaic panels, officials said. The energy generated from the plant would be monitored using a hybrid charge controller and would be stored in a battery bank. APSCS&T chairman Bamang Mangha along with its director C D Mungyak among others were present on the occasion. The advantage of a wind-solar hybrid system is that power generation is uninterrupted throughout the year without getting hampered by seasonal changes, an official said. "Such a hybrid system technology with a higher capacity is viable in the ...
The company shared that this will result in a reduction of 18 thousand tonnes of carbondioxide equivalent annually
Maruti Suzuki India on Monday said it has initiated work on two new solar power plants at the company's facilities to strengthen its commitment to carbon neutrality. The two solar power plants, namely 1.85 MWp at R&D Centre, Rohtak, and 20 MWp at Manesar will be commissioned in FY 2023-24 and FY 2024-25, respectively, the auto major said in a statement. With this, the company's total solar power capacity across all facilities will reach 48.15 MWp, it added. MSI said it is also increasing the share of green power sourced from the Haryana State Electricity Board for its consumption. "We have been increasing the share of power generated through renewable sources of energy since the start of our first solar power plant in 2014," Maruti Suzuki India Managing Director & CEO Hisashi Takeuchi noted. The announcement of the new solar power projects at Manesar and Rohtak accelerates the company's efforts in this direction, he added. By 2024-25, more than 30 per cent of the company's ...
Realty firm Gaurs Group has set up a 15 MW solar power plant near Gwalior in Madhya Pradesh with an investment of Rs 80 crore. The electricity produced by the plant will be integrated into the central grid and utilised for its real estate projects, the company said in a statement. Delhi-NCR-based Gaurs Group has established a 15 MW solar power plant at Mahoba near Gwalior. The project is spread over a 50-acre area. "Built with an investment of Rs 80 crore, the plant will generate 2.25 crore units of electricity annually. The project's capacity can be enhanced as per future requirements," the statement said. The project has been financed through private equity and funding of Rs 55 crore from SBI. Manoj Gaur, Chairman and Managing Director of Gaurs Group, said the company has completed the 15 MW Mahoba solar power project and dedicated it to the nation on World Environment Day. "The minimum useful life of the plant is 26 years. However, it has the potential to operate beyond the ..
Declining installation and project delays impact India's solar industry growth, according to the 'Q1 2023 India Solar Market Update' report by Mercom India
Waaree Renewable Technologies on Wednesday said it has bagged an order to build a 221.8 MWp solar power project from a steel maker. "We have received a Letter of Award (LoA) from one of India's leading steel manufacturing companies for the execution of Engineering, Procurement and Construction (EPC) works of a solar power project of 221.8 MWp DC capacity," it said in a BSE filing. The order is placed by a renewable energy arm of one of India's leading steel manufacturing companies. The project is likely to be completed in FY 2023-24, as per the terms of the contract. Waaree Renewable did not disclose the financial details of the project.
Australia's Commonwealth Scientific and Industrial Research Organization (CSIRO) on Wednesday called for significant investment in renewable energy storage to keep up with rising electricity demand
Deployment of new wind and solar power plants needs to be drastically ramped up by the end of the decade to meet the world's climate goals, the International Renewable Energy Agency said Tuesday. In an advance preview of its annual report on the global shift from fossil fuels to clean energy, the agency said renewables accounted for 83 per cent of new power generation last year. Worldwide, the share of installed power generation coming from renewables reached 40 per cent in 2022, it said. But in order to halve greenhouse gas emissions by 2030 and put the world on track to cap global warming at 1.5 degrees Celsius (2.7 degrees Fahrenheit), existing targets for renewable power deployment would need to be more than doubled, the Abu Dhabi-based agency said. Governments agreed in the 2015 Paris climate accord to limit the global temperature rise to 2 C (3.6 F) ideally no more than 1.5 C above pre-industrial averages. The lower target would prevent significant harm from climate change
India's total installed renewable energy capacity touched 168.96 GW mark by February 2023-end, Parliament was informed on Tuesday. Out of the total 168.96 GW, 64.38 GW is solar power capacity, 51.79 GW hydro, 42.02 GW wind and 10.77 GW bio power, R K Singh, Union Minister for Power, New and Renewable Energy, said in Rajya Sabha. Another 82.62 GW of green energy capacity is under implementation and 40.89 GW of capacity is under various stages of tendering, he said in a written reply to the upper House. A total of 3,16,754.86 MU of electricity has been generated from renewable energy sources during the current year 2022-23 (up to January 2023), Singh said. According to the minister, India's total power generation capacity was at 412.21 GW as on February 28, 2023. The government's aim is to achieve 500 GW of installed electricity capacity from non-fossil sources by 2030.
The National Highways Logistics Management Limited (NHLML) and Jodhpur Discom have signed an agreement to set up 11 solar power plants at six places in a section of the Amritsar-Bhatinda-Jamnagar Expressway passing through Rajasthan. A Memorandum of Understanding (MoU) has been signed between both the parties during a meeting held under the chairmanship of Chief Secretary Usha Sharma here on Wednesday, according to a statement. Under this, 11 solar power plants will be developed on the Amritsar-Bhatinda-Jamnagar Expressway at a total of six places in three districts -- Hanumangarh, Bikaner and Jodhpur -- of the state. These power plants with a total capacity of 27.43 MW will be set up under Saur Krishi Aajeevika Yojana (PM Kusum). These plants will come up at Kolha village in Hanumangarh district, Malkisar-Gopalyan road, Naurangdesar and Rasisar villages in Bikaner district and Bhikamkor village in Jodhpur district and will cover 8 substations. The Ministry of Road Transport and ..
The Himachal Pradesh government plans to set up various solar projects through Public Private Partnership (PPP) mode, which will provide clean power to consumers at cheaper rates and help in reducing carbon footprints, an official statement said on Wednesday. Big private players and major Public Sector Undertakings (PSUs) of the country have assured to invest in the state in this vital sector. According to the statement, Sutlej Jal Vidyut Nigam Limited (SJVNL) is coming up with five solar power projects (SPPs), in Himachal Pradesh. Thaplan solar power project of 112.5 MW is being set up in district Una. In addition to this, 20 MW SPP Bhanjal and Kadh in Una district, 20 MW in Fatehpur in Kangra district, 30 MW SPP Kolar in Sirmaur district and 12.5 MW in Rajgir in district Kangra are in pre-construction stage. To envision the concept of green Himachal, the government has promised to extend all possible support to the executing agency for setting up these projects and take necessary
Issues that need to be addressed include expanding funding for renewable manufacturing, extending PLI to wind and green hydrogen, among others
Indian company has a portfolio of solar power projects in five states
There is a 925-Mw park and a 750-Mw park in Jaisalmer district
State-owned NTPC Ltd has commenced the commercial operation of its solar photo-voltaic project in Tamil Nadu. With this, the standalone installed and commercial capacity of NTPC Ltd has become 57,801.27 MW while the group installed capacity grew to 70,416.27 MW, the company said on Saturday. According to the company, the 230MW Ettayapuram solar PV project is being developed under the Central Public Sector Undertaking (CPSU) scheme Phase-II Tranche-I of the Ministry of New and Renewable Energy. The project was won by NTPC through the Viability Gap Funding based competitive bidding done by Solar Energy Corporation of India Ltd in 2019. It is developed through Larsen and Toubro under EPC, NTPC Renewable Energy Ltd said on its website. "Consequent to successful commissioning, first part capacity of 162.27 MW out of the 230 MW Ettayapuram Solar PV project at Tamil Nadu is declared on commercial operation with effect from 12 noon, December 12," NTPC said in a BSE filing on Saturday. As
Indore Municipal Corp. seeks to raise as much as 2.6 billion rupees ($31.8 million) via a 10-year bond sale next month
The Punjab government has decided to install solar power photovoltaic (PV) projects with a total capacity of 300 megawatt in the state. These projects include 200 MW canal-top solar PV power projects and 100 MW floating solar PV power projects on the reservoirs and lakes, said an official statement while giving details of the decision taken in a high-level meeting held here on Monday. The meeting was chaired by Punjab New and Renewable Energy Sources Minister Aman Arora. The proposed 200 MW canal-top solar project would be installed in a phased manner, under which 50 MW would be installed in the first phase, while projects of remaining capacity would be installed in subsequent phases, Arora added. These projects will be executed in build, operate and own (BOO) mode by the Punjab Energy Development Agency (PEDA), he said. While discussing in the meeting, the feasibility of setting up these projects, the minister said, viability gap funding (VGF) has been proposed to be claimed from