SUBSCRIBE NEWS LETTER

hybrid renewable projects

Rooftop, CPP & Hybrid Projects Take Precedence in Gujarat Renewable Energy Policy 2023

Gujarat Chief Minister Bhupendra Patel has released the Gujarat Renewable Energy Policy 2023. The Policy, whose operative period is upto 2028 or till notification of new policy (whichever is earlier), sets sights on achieving some big goals defined by the State and places a premium on solar-wind hybrid projects. Goals Chalked Out  The State will […]

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Tata Power Renewable Energy Bags 255 MW of Hybrid Projects For Delhi

It’s all within the group as Group Firm Tata Power Renewable Energy (TPREL) bagged the 255 MW Wind-Solar Hybrid auction from Tata Power Delhi Distribution Limited (TPDDL). The supplies are meant for the Delhi market, where TPDDL is one of the 3 discoms operating, besides the two BSES discoms. The winning bid of Rs 3 […]

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ACME Solar Secures ₹2,491 Cr Refinancing for 490 MW RE Projects

ACME Solar Holdings, a unit of the diversified ACME Group, has secured a Rs 2,491 crore long-term project finance facility for 18-20 years. The refinancing will help the company restructure its existing debt and lower financing costs for its 490 MW operational renewable energy projects across Andhra Pradesh, Rajasthan, and Punjab. The refinancing, secured from […]

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Sterling & Wilson Wins ₹1,470 Cr Orders For Three Renewable Projects

Mumbai-based Sterling and Wilson Renewable Energy Limited (SWREL), a domestic renewable EPC company backed by Reliance group, has secured three new domestic letters of award worth ₹1,470 crore. The company received two letters of award from private IPPs and was declared L1 for a 200 MW AC solar project. SWREL’s first Wind EPC order came […]

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Ayana Renewable To Raise Rs 150 Cr From IL&FS Mutual Fund

Renewable energy company, Ayana Renewable is set to raise Rs 150 crore (approximately $17.4 million) in debt from IL&FS Mutual Fund. This funding comes just a month after the company signed a share purchase agreement with the ONGC-NTPC Joint Venture. The board at Ayana Renewable has passed a special resolution to issue 1,500 non-convertible debentures […]

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EG Solwin, Welspun, NLC, & Adani Bag NTPC’s 1.2 GW Hybrid Projects

NTPC has awarded 1.2 GW of wind-solar hybrid power projects to EG Solwin Renewable for 300 MW, Welspun Renewable Energy 250 MW project, NLC India 450 MW hybrid project, and Adani Renewable Energy secured 600 MW project. The tender allocated the project to EG Solwin, Welspun Renewable Energy, and NLC India at the lowest tariff […]

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NHPC Discovers A Tariff Of Rs 3.41/kwh For 1.2 GW Hybrid Project

Adani Green, Sprng Vayu Vidyut (Sprng Energy), Illuminate Hybrid (Mahindra Susten), and Avaada Energy have secured NHPC’s 1.2 GW wind-solar hybrid tender. NHPC had initiated the tender process to identify renewable energy developers for hybrid projects, strengthening its green portfolio. The tender was issued in January, and results were announced within two months. NHPC awarded […]

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India’s Surge In Tendered Capacity Of RE Projects faces Multiple Risks

India’s two consecutive years of record renewable energy tendering capacity has placed the country on a record capacity addition trajectory. With tenders equaling 73 GW  in 2024 versus 58 GW in 2023, the numbers have surpassed even the central government’s own targets of 50 GW per year. These are among some of the findings of […]

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Lakshadweep Opens Bids For Hybrid Rooftop Solar Project

The Lakshadweep Administration, Union Territory (UT) Kavaratti Electricity Department has invited online bids to develop hybrid rooftop solar power plants with Battery Energy Storage System (BESS).  The last date for bids submission is March 21st, 2025.  The selected bidder will be responsible for, “Supply, Installation, Testing, Commissioning and Operation and Maintenance of 2,107 kW Hybrid […]

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