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ADB Approves $434.25 Mn Loan To Setup Solar Facility In Assam

The Asian Development Bank (ADB) recently approved a $434.25 million loan to increase renewable energy capacity and improve energy security in the state of Assam, India. “Addressing the renewable energy capacity shortage in Assam is crucial to meet growing demand and reduce dependency on fossil fuels,” said ADB Principal Energy Specialist Jiwan Acharya. “This project […]

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ARENA Funds Australia’s First Community-Led Electrification Trial

Australian Renewable Energy Agency (ARENA), and its partners Brighte, Rewiring Australia and Endeavour Energy, are set to electricity 500 households in New South Wales, in a new project announced recently announced by the organization. ARENA is providing $5.4 million in funding for the “Electrify 2515 Community Pilot” to support the electrification of 500 homes in […]

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Australia Set To Add 1.6GWh Of Energy Storage Project

Sunwoda Energy has signed a partnership and collaboration agreement with Gryphon Energy during the All-Energy Australia 2024 event, committing to .6GWh energy storage project. The signing ceremony featured Rob Mailler, Director of Gryphon Energy, and Terry Yuan, General Manager of Global Business of Sunwoda Energy. Located in Queensland, this project will become one of Australia’s […]

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Coal India Issues Tender For 300 MW Khavda PV Solar Project

Coal India Limited has issued a fresh tender for a 300 MW solar project at Khavda. The government entity is now seeking EPC companies for executing the project in the region, touted to be India’s biggest renewable park. These are ground-mounted grid-connected solar projects. This comes at a time when Coal India has planned to […]

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Gujarat Set To Add Two New 700 MW Solar Projects At Khavda

SJVN Green Energy Limited (SGEL), a subsidiary of SJVN, has invited bids to build two new ground-mounted solar projects with a cumulative capacity of 700 MW at Khavda, Gujarat. SGEL is accepting bids until 19th November 2024. The SGEL project is divided into two parts. The first project falls under GUVNL Phase XXI and has […]

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After Floating Solar, Bihar Issues Tender For ‘Pond Solar Systems’

After successfully installing floating solar systems on several water bodies, the Bihar government has now set its sights on deploying solar projects on private ponds. The Bihar State Power Generation Company Limited (BSPGCL) plans to add approximately 20 MW of new solar capacity through pond-based solar systems and has recently issued a tender to this […]

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Rajasthan’s New ‘RIPS’ Scheme Aims To Expedite RE Investments

In a pursuit to expand its renewable energy capacity, the Rajasthan government, released its Rajasthan Investment Promotion Scheme (RIPS). It intends to capitalize on an average of 300 to 325 sunny days each year with 24.22 GW solar energy and 5.19 GW wind energy. This scheme envisions to build on the state’s strengths in renewable […]

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MRF Set To Make Rs. 7.26 Crore Investment In Clean Max Omni

Chennai-based Tyre manufacturer MRF Limited recently announced its plans to acquire a 26 per cent stake in Clean Max Omni Private Limited for Rs. 7.26 crores, pivoting into renewable energy space. The tyre manufacturers entered into a captive power purchase agreement with Clean Max Omni for a hybrid power supply under the government’s captive power policy. In […]

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NVVN’s 500MWh Storage Tender Breaks New Ground With Record Low Tariffs

NTPC Vidyut Vyapar Nigam’s (NVVN) first standalone energy storage tender has broken new ground with record low tariffs. While the bids come with viability gap funding, even after accounting for that, the winning bids are lower than the lowest seen so far at Rs 3.41/unit by SECI. The tender with a  total capacity 500 MW/ […]

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