The project was secured through SECI's Tranche XVII e-reverse auction held on December 9, 2024, at a winning tariff of Rs 3.53 ($0.0416) per kWh (kilowatt-hour)
State-owned THDCIL has signed an agreement with the Rajasthan government to set up 1,600 MW of pumped storage projects at an investment of Rs 8,800 crore. The Memorandum of understanding (MoU) aims for the development of two pumped storage projects (PSPs) of 800 MW each at Bisanpura in Bundi and another at Rampura Tonk, THDC India Ltd (THDCIL) said in a statement. A total of 1,600 MW capacity of PSPs will involve an investment of Rs 8,800 crore, THDCIL CMD R K Vishnoi said. "The Bisanpura PSP will source water from the Gudha Dam, while the Rampura PSP will utilize water from the existing Bisalpur reservoir. This strategic approach ensures a reliable supply while minimizing environmental impact, allowing both projects to contribute significantly to sustainable energy solutions through efficient energy storage, thereby enhancing grid stability," he said. The MoU was signed between THDCIL Director (Technical) Bhupender Gupta and Ajitabh Sharma, Principal Secretary, Industries & ...
JSW Energy on Thursday said its wholly-owned subsidiary JSW Neo Energy has secured an additional 400 MW wind-solar hybrid project from Maharashtra State Electricity Distribution Company (MSEDCL). Subsequent to this, the cumulative capacity allotted to JSW Neo under Phase- III (of MSEDCL) stood at 600 MW, a company statement said. According to the statement, JSW Neo Energy, a wholly-owned subsidiary of JSW Energy (company), has received Letter of Award (LoA) for an additional 400 MW of Wind-Solar Hybrid Power Project under greenshoe option from MSEDCL against MSEDCL Phase III. The company, however, did not disclose any financial details. Following this capacity award, the total locked-in generation capacity of JSW Energy has increased to 17.6 GW, which includes a total locked-in Hybrid capacity of 3.2 GW (including FDRE). The company expects to have an installed generation capacity of 10 GW by FY25, up from 7.5 GW currently. JSW Energy has total locked-in generation capacity of 1
UP is working on a multipronged roadmap to augment thermal power generation as well as fortify infrastructure to withstand the energy growth trajectory
A federal judge on Tuesday rejected a request by Native American tribes and environmentalists to stop work on a USD 10 billion transmission line being built through a remote southeastern Arizona valley that will carry wind-generated electricity from New Mexico to customers as far away as California. The project approved in 2015 following a lengthy review has been touted as the biggest US electricity infrastructure undertaking since the Hoover Dam was built in the 1930s. Two tribes joined with archaeologists and environmentalists in filing a lawsuit in January, accusing the US Interior Department and Bureau of Land Management of refusing for nearly 15 years to recognise overwhelming evidence of the cultural significance of the remote San Pedro Valley to Native American tribes including the Tohono O'odham, Hopi, Zuni and San Carlos Apache Tribe. The suit was filed after Pattern Energy received approval to transmit electricity generated by its SunZia wind farm in central New Mexico .
The announcement is the latest major corporate commitment to solar manufacturing since passage of U.S. President Joe Biden's landmark climate change law last year which offers subsidies and tax breaks
Rural Electrification Corporation (REC) has signed a memorandum of understanding with Avaada Group to fund its energy transition projects worth Rs 20,000 crore. The MoU was signed between REC officials and Avaada Group Chairman Vineet Mittal at the sidelines of the ongoing G20 Clean Energy Ministerial meeting in Goa. Avaada is a leading company in India's renewable energy sector. Mittal said projects, spanning across various states, will be implemented over the next two years. The total projects are worth Rs 20,000 crore. This landmark collaboration with REC symbolises a monumental stride towards India's energy self-sufficiency, he noted. "It exemplifies our staunch commitment to nurturing a sustainable future and propelling India's green energy transition," he added. Mittal said there is a project in Bihar, another in Rajasthan, and also there are projects in Maharashtra, which would be implemented over the next two years. He said that in the coming five years, Avaada is primed
Amp Energy India on Thursday said it has won a 150 MW hybrid energy project from CESC Limited. It has won the wind-solar project through its subsidiary Amp Green Energy Private Ltd at a tariff of Rs 3.07 per unit. The tariff discovered was the lowest in the bid, Amp Energy India said in a statement. The power purchase agreement (PPA) for this project will be executed accordingly with discom CESC Ltd. "By combining wind and solar energy in a single project, we can optimize land use, improve power generation, and reduce the intermittency of the system. We are happy to provide green power to eastern India through CESC, one of India's leading integrated utility companies," Pinaki Bhattacharyya, MD and CEO, Amp Energy India said.
These projects are expected to generate 1,163,000 megawatt hours of clean energy, which is the equivalent amount of electricity needed to power 380,000 average-sized households in New Delhi each year
The agency analyses the factors that can reduce the levelised cost of energy over the next few years.
MG Motor India has collaborated with CleanMax to become the first passenger car company to adopt wind-solar hybrid energy, a statement said on Thursday. Under the collaboration, Clean Max Enviro Energy Solutions (CleanMax) will supply 4.85 MW of wind-solar hybrid power to MG Motor's manufacturing facility in Halol. "With this partnership, MG will abate approximately 2 lakh MT of CO2 over 15 years which is equal to planting more than 13 lakh trees," the statement said. The carmaker has been at the forefront of promoting EV adoption in India with the launch of India's first Pure Electric Internet SUV MG ZS EV, it stated. CleanMax is the first renewable energy company to set up a wind-solar hybrid power park in Gujarat to sell clean energy to private consumers and corporates. It plans to expand to 150 MW by 2022. MG's Halol facility is expected to begin drawing power in February 2022 from CleanMax's hybrid park in Rajkot and will continue to do so for 15 years.
Inconsistent regulatory policies, high costs, patchy implementation of subsidy scheme and lack of awareness are some of the hurdles
The Guggenheim Global Solar ETF has lost over 24% a year over the last three years
Researchers launched a mobile app enabling users to find viable locations to harness wind energy