India
ReNew Power sets up first wind-solar hybrid project in Gujarat
ReNew Power sets up first wind-solar hybrid project in Gujarat
The first phase of the project has a 17.6MW capacity.
REGULATION WATCH: New customs duty on solar equipment threatens India’s RE goals
The government will be introducing a 25% rate on solar cells and 40% on solar modules in April.
India gives lift to solar PV manufacturers with $2.6b additional funding
Under the PLI scheme, India sought to promote and push the domestic PV module manufacturing.
Avaada Energy installs 1GW capacity in 2021
It plans to reach 5GW installed capacity in 2022 and 11GW by 2025.
India’s 2022 budget gives boost to its RE sector growth
The spending plan provided for the issuance of sovereign green bonds.
Scatec, ACME put 900MW solar project in India on hold
Its construction is expected to start in 2022, along with other backlog projects.
Discoms’ financial health remains a ‘critical’ challenge to RE growth in India
This puts projects at risk of delays or cancellation.
ACEN, UPC to build 300 MWac Masaya Solar farm in India
This will be the third and largest solar project of UPC-AC Energy Solar in India.
India, IRENA partner for RE, green hydrogen push
The two will collaborate to assess the role of green hydrogen in India’s energy transition.
Technip Energies India wins big at the Asian Oil & Gas Awards 2021
With the iconic history of delivering many largest and most complex engineering and construction (E&C) projects, Technip Energies aims for breaking boundaries to transform the energy world.
Restrictions in banking of power threatens renewables growth in India
Without banking power, the business model of solar power becomes unviable.
Indian Oil Corporation’s XP100 fuel bags New Product of the Year award in the first Asian Oil and Gas Awards
The company has launched the nation’s first 100 octane petrol helping the country join a select league of nations globally that has such superior quality fuel.
Indian Oil Corporation wins COVID Management Initiative of the Year in the Asian Oil and Gas Awards
IndianOil Corporation’s frontline teams of retail, aviation, and LPG officers ensured seamless business continuity with the provision of essential fuels across the nation during peak pandemic times.
ReNew Power, Fluence to form energy storage joint venture
The joint venture is expected to start operations in the first half of 2022.
Opposition may cloud India’s new tax on solar
A 25% rate on solar cells and 40% on solar modules will be introduced by April.
India’s power consumption to rebound “strongly” in 2022: Fitch
It is projected to reach 1,431TWh by year-end from 1,271TWh in 2020.
Tata Power appoints new CFO
Sanjeev Churiwala took over the role on 1 January.
Commentary
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