India
India inks deal with 4 countries for bilateral RE cooperation promotion
India inks deal with 4 countries for bilateral RE cooperation promotion
It signed agreements with Australia, Finland, Germany, and the UAE.
Installed renewables capacity in India reaches over 168GW
This includes 63GW of solar power and 46GW of large hydro amongst others.
Tata Power unit bags PPA for 510MW hybrid project
It will be operational within 24 months from the execution date of the PPA.
Tata Power’s RE arm secures $525m investment
The completion of the equity infusion will support TPREL’s growth plans.
NTPC transfers RE assets to its green energy subsidiary
This is in line with the group’s plan to reach a renewable energy capacity of 60 GW by FY32.
Adani unit’s 700MW hybrid power plant goes online
It now has the largest operating renewables portfolio in India.
India approves investment for its largest hydropower project
Its total cost is estimated at $3.9b
India’s Greenko repays $935m global bonds
The bonds were issued by its subsidiaries Greenko Investment and Greenko Mauritius.
India Power, ES2 Power ink deal to develop pilot thermal storage in India
The storage unit will be delivered to India in the first quarter of 2023.
How Indian states can catch up in the clean energy transition?
A report found renewable energy-rich states are not utilising their full potential.
Which Indian states are winning the clean energy race?
The states were measured according to their overall preparedness and commitment.
ACME Group, IHI sign MOU to explore green hydrogen opportunities
They will study potential collaboration across the value chain.
Coal despatches to India’s power sector likely to climb by year-end
This comes as demand for coal-based power remains high.
Power sector’s coal consumption in India rises by 10%
Total coal despatch to the sector reached 609 million tonnes.
ArcelorMittal flagged for coal-powered blast furnaces in India
IEEFA raised investors should question high emission projects in developing countries.
ReNew cuts loss to $49m in Q3 FY23
Its portfolio as of 31 December 2022 is at 13.4 GW.
How can India drive up renewable energy tenders
Tenders declined to about 28GW in 2022, which is below the required level.
Commentary
What a $635b investment push could mean for India’s refineries and thermal power plants