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India’s Coal Sector Need Rs. 3,29,651 Cr Investment For Green Makeover: iForest

Internationally, countries like the United Kingdom (UK) have recently shut down their last coal power plant. India, despite being the third largest emitter globally, simply cannot follow suit, even as it has established its first committee to develop a just transition framework. This framework aims to prepare guidelines for the government to transition away from […]

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Gujarat Set To Build Its First Long Duration BESS

Gujarat Urja Vikas Nigam Ltd (GUVNL), the state electricity regulatory body, has taken the first step to transition from a battery energy storage project to developing its first Long Duration Energy Storage System (LDES) in Gujarat. It has released a draft tender to select developers for an 800 MW (200 MW x 8 Hrs) battery […]

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Gensol and Matrix Gas Launch India’s First Green Steel Facility

Gensol Engineering Limited and Matrix Gas & Renewables have partnered to establish India’s first and largest Green Steel production facility. This facility will utilize 100% Green Hydrogen for production. The project is one of three pilot projects sanctioned under the National Green Hydrogen Mission. MECON, the Ministry of Steel, and the Ministry of New and […]

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JSW Neo Energy Limited to Acquire Hetero Group RE Portfolio

JSW Neo Energy Limited (JSWNEL), a wholly owned subsidiary of JSW Energy Limited, signed definitive agreements this week, to acquire three Special Purpose Vehicles (SPVs) from Hetero Labs Limited and Hetero Drugs Limited (Hetero Group). These SPVs collectively hold a cumulative wind energy generation capacity of 125 megawatts (MW). The transaction is subject to the […]

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Green Stocks Oct 18: Green Stocks See Minor Revival After Jolt

A day after jolt to the stock prices of most of the Indian green energy companies, several of these green firms seem to have revived their plunged prices. The highest growth was seen by Indian wind energy company Inox Wind which witnessed a surge of 4.5% in its stock prices compared to its price yesterday. […]

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Maharashtra: JSW Energy Signs Pact For 1200 MW Hybrid Projects

JSW Renew Energy Six Limited and JSW Renew Energy Thirty Limited, stepdown subsidiaries of JSW Energy Limited have signed Power Purchase Agreements (“PPAs”) with Maharashtra State Electricity Distribution Company Ltd (“MSEDCL”) for STU-connected Solar-Wind Hybrid Capacity. The company has signed PPAs for two hybrid projects, each with a capacity of 600 MW, totalling 1,200 MW. […]

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Trina Solar, EGO Sign Pact To Boost Utility-Scale Projects In Italy

Trina Solar’s International Systems Business Unit, the utility-scale solar and battery storage project development arm of Trina Solar Co, Ltd, has signed a 15-year Power Purchase Agreement (PPA) with EGO, an Italian energy management company owned by the Shell Group. This contract encompasses nine projects, totaling 69 MWp located across various regions in Italy. These […]

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NTPC Announces Winners of 1200 MW Hybrid Tender

NTPC LImited has now announced the winners of its 1200 MW solar-wind hybrid project tender. As per the details of the tender results, five companies won the tender in different capacities. The lowest bid for the tender was quoted by Rays Power, Refex Green and SAEL Limited. These firms quoted a price of Rs 2.50/kWh. […]

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MNRE Aims To Add More Vendors For PM Surya Ghar, Issues EOI

The Ministry of New and Renewable Energy (MNRE) has now planned to boost the network of registered vendors to expedite the growth of residential rooftop installations. The ministry is now trying to spur the growth of solar installations through its PM Surya Ghar scheme where it has planned to install rooftop solar in one crore […]

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