The Ministry of New and Renewable Energy (MNRE) has issued amended guidelines for procurement of green ammonia production for component II under Mode 2A of the National Green Hydrogen Mission. Tranche I, Mode 2A which caters to the requirements of the fertiliser sector is gaining traction. To meet the rising demand...
Reportedly, AMPIN Energy Transition has planned to set up 246 MW wind-solar hybrid capacity project with an investment of Rs 13 billion. The  investment will be funded through a mix of debt and equity and will be implemented on a pan India basis. This is the company’s fourth hybrid project...
The Gujarat Electricity Regulatory Commission has approved the tariffs determined through competitive bidding conducted by Gujarat Urja Vikas Nigam Limited (GUVNL) for the procurement of 1,125 MW of solar power from projects to be developed in Gujarat State Electricity Corporation’s solar park at Khavda. The approved tariffs are as follows:...
SunSource Energy has commissioned three open access solar power facilities in Uttar Pradesh. Situated in the Jhansi and Lalitpur districts, covering a total of 150 acres, these projects have a combined capacity of 45 MWp. The power purchase agreements for entire 45 MW DC have been signed with marquee...
Encavis AG has secured €300 million syndicated revolving credit. The oversubscribed short-term credit will finance the purchase of wind and solar projects, until 30th April 2025. Furthermore, this is under the company’s accelerated growth strategy 2027. The debt was extended by a funding consortium of eight lenders and led...
KKR and IGNIS have partnered to launch IGNIS P2X. IGNIS P2X is a new Power-to-X platform to develop green hydrogen and ammonia projects for industrial applications in hard-to-abate sectors. KKR will invest up to €400 million in the development and construction of future projects. Both the companies will own 50 per...
Larsen & Toubro’s (L&T)  power transmission and distribution vertical has won a domestic order to build a grid-connected 185 MW solar photovoltaic (PV) plant along with a battery energy storage system (BESS). The solar PV plant at Kajra in Lakshisarai district will be a key element in Bihar’s plans to...
Waaree Energies Limited has secured a contract for supply of 412.5 MWp/ 335 MW AC of bifacial  solar modules in Rajasthan. Awarded by Juna Renewable Energy Private Limited, a subsidiary of ACCIONA Energy, the project is expected to be commissioned in March 2025. The project, situated in Kawani village in the Bikaner...
Gentari Sdn Bhd has partnered with Zurich Malaysia to promote green mobility and renewable energy  adoption in the country. This includes installing green mobility infrastructure at Zurich Malaysia’s premises nationwide and offering value-added services at selected public locations to facilitate the switch to electric vehicles (EVs) for customers. The partners...
The Government of India has approved new inter-state transmission system (ISTS) schemes to evacuate 9 GW of renewable energy from Rajasthan and Karnataka. These schemes will be executed using the tariff-based competitive bidding mode. These schemes are part of 500 GW renewable energy capacity by 2030 out of which 200...