Mumbai, Maharashtra – Honorable Prime Minister Shri Narendra Modi today inaugurated Sunstream Green Energy’s 140 MWp solar project in Maharashtra, as part of the 2,458 MW of renewable energy projects launched nationwide. The Company also announced its plan to develop a 1-gigawatt (GW) portfolio of operating renewable energy assets within the next 18–24 months. This […]
ACME Solar Secures ₹3,892 Crore to Launch 400 MW Round-the-Clock Renewable Energy Project – EQ
In Short : ACME Solar has secured ₹3,892 crore in funding for its 400 MW Firm and Dispatchable Renewable Energy (FDRE) project. The initiative will combine solar generation with advanced energy storage to provide round-the-clock renewable power, enhancing grid reliability. The project supports India’s renewable energy targets, demonstrates the commercial viability of dispatchable clean energy, […]
Maharashtra Approves Land Diversion for Mumbai’s First 100 MW Hybrid Renewable Energy Project – EQ
In Short : The Maharashtra government has approved diverting 4.90 hectares of reserved forest for a 100 MW hybrid renewable project at Middle Vaitarna Dam. Combining 20 MW hydro and 80 MW floating solar, it will generate 208 million units annually. Developed via DBFOT, BMC will buy power at ₹4.75/unit for 25 years, marking Mumbai’s […]
JSW Energy Commissions 281 MW Renewable Energy Project – EQ
In Short : JSW Energy has added 281 MW to its renewable portfolio, including 215 MW of solar and 66 MW of wind capacity. The company also signed a Power Purchase Agreement for a 250 MW wind project. These moves align with its goal of reaching 20 GW capacity by 2030, reinforcing its role in […]
BC Jindal Group Bags 150 MW Renewable Energy Project – EQ
In Short : BC Jindal Group has secured a 150 MW Round-the-Clock renewable energy project from SECI at ₹5.07/kWh. Part of India’s 1,200 MW RTC initiative, the project includes ISTS-connected infrastructure. The Group plans a $2.5 billion renewable push by 2030, including a 2 GW solar plant in Maharashtra, supporting India’s 500 GW non-fossil target […]
Karnataka inks MoU with GAIL for 1 GW renewable energy project – EQ
In Short : Karnataka has signed an MoU with GAIL (India) Ltd. to develop 1 GW of renewable energy, with an investment of ₹5,000 crore. The project will include solar, wind, and storage solutions, boosting Karnataka’s clean energy capacity. GAIL will benefit from the state’s supportive policies, skilled workforce, and land availability, while generating employment […]
RVNL Plans 300 MW Renewable Energy Project with Rail Ministry, Eyes Bihar, Jharkhand, Karnataka – EQ
In Short : Rail Vikas Nigam Ltd (RVNL) will develop a 300 MW hybrid renewable energy project with the Rail Ministry, targeting solar, wind, and storage integration. With an investment over ₹1,500 crore, the project will supply clean energy to railway feeders. Planned sites include Bihar, Jharkhand, and Karnataka, supporting Indian Railways’ push for sustainable, […]
Adani Green Refinances Debt With $1.06 Billion To Construct Renewable Energy Project In Rajasthan – EQ
In Short : Adani Green Energy refinanced its $1.06 billion construction loan to develop India’s largest solar-wind hybrid project in Rajasthan. The new 19-year financing structure aligns with the project’s lifespan, ensuring long-term stability. Despite challenges, including scrutiny over a U.S. indictment, Adani Green remains committed to expanding its renewable portfolio, targeting 50 GW capacity […]
Solar stock jumps 4% after signing MoU with Bihar Govt. for renewable energy project – EQ
In Short : NTPC Green Energy Ltd. signed an MoU with Bihar’s government to develop renewable energy projects, including solar installations and green hydrogen initiatives. The announcement at the Bihar Global Investors’ Summit 2024 boosted NTPC Green’s stock by 4%. The partnership aligns with India’s renewable energy goals, marking a significant step toward sustainable energy […]
RP Sanjiv Goenka Group to explore NE states for renewable energy project – EQ
In Short : The RP Sanjiv Goenka Group announces plans to explore Northeastern states for a renewable energy project. This signals the group’s interest in contributing to the renewable energy sector in the region, potentially involving projects related to solar, wind, or other sustainable energy sources. In Detail : Kolkata : The RP Sanjiv Goenka […]