Renewables
ReNew Power sells rooftop solar portfolio to Fourth Partner Energy
ReNew Power, in a statement, said that it has sold its rooftop solar portfolio to Fourth Partner Energy for Rs.672 crore. Fourth Partner, headquartered in Hyderabad, is backed by TPG and Norfund.
NTPC invites bids to build 900 mw solar capacity in Cuba
- Jan 19, 2022
NTPC has invited bids from developers to build a solar PV parks in Republic of Cuba. The RfQ process will start in March and will continue till May 2022.
L&T dispatches critical reactors to USA, for green diesel project
- Jan 17, 2022
The Heavy Engineering arm of Larsen &Toubro, has flagged off five critical renewable diesel reactors to North America’s largest renewable diesel producer Diamond Green Diesel (DGD), two weeks ahead of the contractual delivery date.
Tata Power commissions two solar projects in Uttar Pradesh
- Jan 17, 2022
Tata Power, through its wholly-owned subsidiary Tata Power Renewable Energy Ltd, has commissioned two solar power projects, aggregating 100 mw, in Uttar Pradesh.
MNRE amends ALMM guidelines; net-metering, OA projects now included
- Jan 15, 2022
According to recent guideline amendment by the Union ministry of new & renewable energy (MNRE), the eligible entities of the Approved List of Models & Manufacturers (ALMM) of solar modules can now additionally participate in open access and net metering projects.
IRCON International forms joint venture for 500-mw IREDA solar project
- Jan 14, 2022
IRCON International has formed a majority joint venture with Ayana Renewable Power Pvt Ltd to implement a 500-mw solar project that it won in a recent IREDA auction.
Reliance Industries plans Rs.6-trillion green energy investment in Gujarat
- Jan 14, 2022
Reliance Industries Ltd (RIL) has signed an MoU with the Gujarat government for an investment of Rs.5.955 trillion (lakh crore), largely towards green energy projects in the western state.
Vedanta Aluminium becomes India’s largest industrial RE consumer in 2021
- Jan 13, 2022
Vedanta Aluminium has become the largest industrial consumer of renewable energy (RE) in 2021, a company statement said.
ICRA estimates 16 GW of renewable energy capacity in FY23
- Jan 10, 2022
The outlook for the capacity addition in the renewable energy (RE) sector remains strong with a large project pipeline of over 55 GW and the highly competitive tariffs offered by these projects, notes credit rating agency ICRA in a release.
FM promises implementation of BCD on solar modules
- Jan 7, 2022
Union finance minister Ms Nirmala Sitharaman, in a meeting on January 6, 2022, with a delegation of solar power-centric industry associations assured that basic customs duty (BCD) on imported solar modules will be implemented effective from April 1, 2022, as already envisaged.