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solar and wind

SECI Invites RFS for 1200 MW ISTS Wind-Solar Hybrid Projects in India

The Solar Energy Corporation of India (SECI) has issued a Request for Selection (RfS) for the development of 1200 MW of Wind-Solar Hybrid Power Projects on a Build-On-Own basis. The projects have been launched under the tariff-based competitive bidding under Tranche-8 of SECI. A single-stage, two-envelope bidding procedure will be adopted and will proceed as […]

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Italy’s PLT Energia And GGS Energy to Develop 1 GW RE Projects in Texas

Italy-based renewable and energy storage company PLT Energia has announced that its subsidiary PLT Energy US Corp has entered into a joint venture with GGS Energy to develop more than 1 GW of renewable energy in Texas, United States. According to a press statement, the joint venture’s first project will be the development and construction […]

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SJVN Concludes 1500 MW Wind-Solar Hybrid Auction With Competitive L1 Tariff of Rs 3.43/kWh

Satluj Jal Vidyut Nigam Limited (SJVN), a renewable energy sector company has announced that it successfully concluded a reverse auction for a 1500 MW wind-solar hybrid project on February 20. The auction witnessed competitive bidding, resulting in the establishment of an opening L1 tariff of INR 3.43 per kWh. During the auction, Juniper Green Energy […]

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CIP’s Haewoori Offshore Wind Awards 1 GW Contract To Principle Power And Aker Solutions

Norway-based renewable energy company Aker Solutions has been awarded a front-end engineering and design contract for Haewoori Offshore Wind 2 (500MW) and 3 (500MW), Copenhagen Infrastructure Partner’s floating offshore wind projects off the coast of Ulsan, Korea. According to the press release, Aker Solutions will coordinate the design and delivery of the floating foundation structures […]

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Singapore-based Sembcorp Industries Acquires 228 MW Wind Assets In India

Singapore-based renewable energy company Sembcorp Industries (Sembcorp) has announced that it has, through its wholly-owned subsidiary Green Infra Wind Energy Limited completed the acquisition of 100% of the share capital in two special purpose vehicles (SPVs) of Leap Green Energy Private Limited. The SPVs own 228MW of operational wind assets in Madhya Pradesh, Maharashtra, and […]

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Vareyn Solar Announces Foray Into Residential Solar Sector

Turn-key solar EPC company Vareyn Solar Pvt. Ltd. has announced its foray into the residential sector in the solar power industry. This comes after the announcement of PM Suryodaya Yojana which was launched by the Centre on January 22, 2024. This scheme aims to install rooftop solar panels on the houses of middle and poor-class […]

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Vattenfall Inks Deal With Evonik To Supply Solar Power For Chemical Production in Germany

Germany-based energy supplier company Vattenfall has signed a PPA with specialty chemicals company Evonik that concluded new long-term electricity supply contracts. From 2025, two Vattenfall solar parks in Schleswig-Holstein will supply Evonik with around 120 gigawatt hours of solar power per year for chemical production. The contracts have a term of ten years and fixed […]

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Utility-Scale Solar Power Additions May Double In 2024: EIA Report

A latest report from the Energy Information Agency (EIA) on the preliminary monthly electric generator inventory shared the developers’ and power plant owners’ plan to add 62.8 gigawatts (GW) of new utility-scale electric-generating capacity in 2024.  The EIA report found that 55% more capacity would be added than the 40.4 GW added in 2023 (the […]

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India’s Total Solar Energy Capacity Crosses 74 GW: CEA Data

The latest data from the Central Electricity Authority (CEA) revealed that India’s total solar capacity has surpassed 74 GW. The revelation was made in the CEA’s recent monthly installed capacity report.  The CEA report said that by the end of January 2024, India’s total solar energy capacity reached 74.306 GW. Similarly, the country’s total wind […]

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