India
ReNew unit, Egypt gov’t to develop green hydrogen plant
The plant will be located in the Suez Canal Economic Zone
Adani unit cash profit up 50% in Q2 FY23
Its operational capacity grew 24% YoY to 6,724MW.
Tata Power unit to build 150MW solar project in Maharashtra
It is expected to be commissioned within 18 months from the PPA execution date.
NTPC profit up 3.65% YoY in H1 FY23
Its generation rose by around 15% to 204 billion units.
ReNew Power aims to reach net zero by 2040
It avoided over 11 million tonnes of carbon emissions in the past year.
India’s coal production to rise to 500MT in 2023: report
It has produced 315.7MT of coal in the first half of 2022.
Renewable energy use may become mandatory for some Indian sectors
The bill will impose carbon trading and minimum consumption of non-fossil fuel sources.
India renewables to rise by 35-40GW annually
This puts the market on track to reach its 2030 target.
Tata Power aims to reach 10,000MW renewables in Rajasthan
It will develop 8,000MW utility-scale projects, and 1,000MW solar rooftops, amongst others.
NTPC to decarbonise gas power plant
This includes the project for 5% co-firing of hydrogen at the Kawas gas power plant.
India’s single national digital portal to boost rooftop solar
This simplifies the process of installation.
Residential roof solar in India to rise by 60% in 2023
This will be led by growth in Gujarat.
India could turn to 12.5GW gas capacity to meet peak demand
This also comes as the market waits until battery storage becomes cost-competitive.
Amazon to develop 420MW solar projects in India
These involve three projects in Rajasthan.
Reliance New Energy buys 20% stake in solar tech firm in $12m deal
California-based Caelux Corp.’s solar modules can produce 20% more energy.
Tata Power arm to build 100MW solar project in Gujarat
It will be commissioned within 11 months.
Thought Leadership Centre
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