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Oct 215 min read

OneShot: A quick view on Renewable energy NEWS.



JNU's 2,000 KWp solar power plant on table, to slash electricity bill by Rs 3 cr annually :


Jawaharlal Nehru University (JNU) plans to install a 2,000 kilowatt-peak (KWp) solar power plant on its campus, a move that could cut its annual electricity bills by around Rs 3 crore, according to official sources. The new setup will see solar panels installed on the rooftops of hostels, remaining academic buildings, and small vacant areas near the academic complex.


 

ACME Solar Holdings arm inks pact to supply power from 150 mw hybrid solar project :


ACME Solar Holdings on Friday said its project special purpose vehicle ACME Platinum Urja has inked a pact with Solar Energy Corporation of India to supply power from its 150 MW hybrid solar capacity. This capacity is part of the total 350 MW capacity awarded to ACME Solar Holdings (ASHL) by Solar Energy Corporation of India (SECI), a company statement said.


 

Waaree Energies projects 30% revenue growth from rooftop solar in next five years :


Waaree Energies, a leading solar panel manufacturing and installation company, expects rooftop solar (RTS) to contribute at least 30% in its total revenue in the coming years, Amit Paithankar, Chief Executive Officer, Waaree Energies, told ET.


 

Tata Power firm launches programme to promote solar power in Tamil Nadu :


Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, on Friday launched a programme to bring sustainable and affordable solar energy to households in Tamil Nadu.


 

MNRE Aims to Increase Rooftop Solar Vendors Under PM Surya Ghar to 25,000 :


MNRE Aims to Increase Rooftop Solar Vendors Under PM Surya Ghar to 25,000 The Ministry of New and Renewable Energy (MNRE) is enhancing the number of rooftop solar vendors under the PM Surya Ghar: Muft Bijli Yojana from 8,000 to 25,000.


 

Ampin Energy Transition achieves financial closure for a 200MWp solar wind hybrid project in Rajasthan :


Ampin Energy Transition, a renewable energy transition company, has announced financial closure for its 200MWp Solar-Wind Hybrid project in Rajasthan.

Standard Chartered has secured the green loan financing for the project. This achievement marks a significant milestone in Ampin Energy Transition’s commitment to sustainable energy transition solutions and further expands its ever-growing renewable energy portfolio.


 

JSW energy subsidiary signs PPA for its wind-solar hybrid capacity with GUVNL :


The PPA is signed for supply of power for a period of 25 years with a tariff of Rs 3.27/kWh. JSW Energy said that the project is expected to be commissioned within 24 months and will be connected to the STU in Gujarat.


 

PFC floats tender for evacuation of 6 GW of power for green hydrogen projects :


PFC Consulting has issued bids for establishing transmission systems to evacuate a total of 6 GW of power for green hydrogen and ammonia manufacturing projects in Kandla and Mundra, Gujarat. The last date to submit bids for the Kandla project under Phase 1 is December 17, 2024, with bid openings scheduled for the same day.


 

PFC floats tender for evacuation of 6 GW of power for green hydrogen projects :

JSW Energy’s subsidiaries have secured power purchase agreements (PPAs) with Maharashtra State Electricity Distribution Company Limited (MSEDCL) for two 600 MW solar-wind hybrid projects, the company announced today. The 25-year agreements were signed at a tariff of ₹3.60/kWh, with commissioning expected within 24 months.


 

Central Solar payment guarantees helped reduce electricity costs by 20% in Congo, says ISA DG :


Emphasising on creating a robust payment security mechanism such as the Global Solar Facility (GSF), International Solar Alliance (ISA) DG Ajay Mathur on Wednesday said the payment guarantee fund helped in reducing electricity costs by 20 per cent in the Congo.


 

Odisha’s Paradip Port Plans To Solarise Operations, Issues Tender :


Paradip Port, one of India’s large ports, has now planned to decarbonise its operations. In order to reduce carbon emissions from the major port from Odisha, Paradip Port has decided to boost the growth of solar energy on its campus. To undertake the mission,the port, based in the Jagatsinghpur district of the state, has issued a tender.


 

India’s Renewable Energy Sector Projected to Grow Twice as Fast as Overall Energy Growth by 2030 :


According to CRISIL, India’s renewable energy sector is set to grow at twice the rate of overall energy growth by 2030. This expansion reflects the country’s commitment to sustainable energy and reducing carbon emissions. The report indicates significant potential for investment and development in renewable technologies, positioning India as a leader in the global transition to clean energy.


 

MERC Approves 1,468 MW Wind-Solar Power Deal With SJVN At ₹4.45/kWh For Peak Demand Supply :


The Maharashtra Electricity Regulatory Commission (MERC) recently passed an order concerning the procurement of 1,468 MW of Firm and Dispatchable Renewable Energy (FDRE) by the Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) from SJVN Limited.


 

Tata Power Accelerates Solar Adoption in Tamil Nadu with Ghar Ghar Solar Initiative :


Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, has extended its successful ‘Ghar Ghar Solar, Tata Power ke Sang’ initiative to Tamil Nadu, following notable success in states such as Rajasthan, Uttar Pradesh, Kerala, and Chhattisgarh.


 

India and ISA Commit $35 Million to Global Solar Initiative :


The International Solar Alliance (ISA) has pledged $35 million to the Global Solar Facility (GSF) to boost solar energy investments in Africa. Partnerships with organizations like MIGA and BOAD aim to facilitate funding.


 

Huasun’s High-Reliability Heterojunction Modules Impress at SOLAR & STORAGE LIVE KSA 2024 :


At SOLAR & STORAGE LIVE KSA 2024 in Riyadh Front on October 15-16, Huasun Energy showcased its G12 and G12R high-efficiency heterojunction (HJT) solar modules, receiving acclaim for their exceptional power generation and high-temperature stability.


 

SAEL, ReNew, Illuminate, Rays Power, Refex Win NTPC’s 1.2 GW ISTS Solar Auction :


SAEL Industries, ReNew Solar, Illuminate Hygren, Rays Power Infra, and Refex Green secured contracts in NTPC's auction for 1.2 GW of ISTS-connected solar projects, further driving India’s renewable energy transition with competitive tariffs as low as INR 2.5/kWh.


 

ITC Commissions Second Offsite Solar Plant in Karnataka :


ITC Ltd. has commissioned a 9.45 MW offsite solar plant in Davangere, Karnataka. This is ITC’s fourth solar plant in India, advancing the company's goal to meet 100 percent of its electricity needs from renewable sources by 2030.



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