India renewables capacity
Global Power Synergy unit sells 3% stake in Avaada Energy
Global Power Synergy unit sells 3% stake in Avaada Energy
The transaction is valued at nearly $80m.
Reliance Power unit inks 25-year power purchase deal with SECI
This will be supported by a 1,860 MWh battery energy storage system.
Avaada Group to develop 3,650 MW pumped storage projects in Maharashtra
The facilities will directly employ over 3,800 people.
Inox Green inks O&M deal for 675 MWp of solar projects
This marks its entry into solar O&M.
India installs 28 GW of solar and wind power in FY 2025
The additions were led by solar energy.
AGEL unit signs deal for energy storage in Uttar Pradesh
The agreement covers pumped hydro storage projects.
Tata Power and NTPC sign deal for 200 MW of renewable energy
The agreement will run for 24 months.
India OKs detailed project reports of 7.5 GW hydro-pumped storage projects
These are located in five states.
India installs nearly 30 GW of solar and wind power in FY 2025
Solar alone increased over 50% from last year.
India’s installed renewables capacity reaches 220.10 GW as of end-March
Thanks to solar additions.
JSW Energy completes acquisition of 4.7 GW renewables platform
It has an installed capacity of 1.3 GW.
Sembcorp and Bharat Petroleum ink green hydrogen, RE joint venture
Green ammonia and port emissions reduction projects are also under consideration.
NTPC launches 50 MW solar project in Sri Lanka
This will expand its presence whilst also diversifying the country’s energy mix.
ACME Solar bags INR 2,491 crores refinancing for renewable projects
This will finance existing debt facilities.
Tata Power to install 100 MW BESS in Mumbai
These will be located in 10 sites.
India issues over 5 GW RE tenders in March
Meanwhile, over 5 GW of renewables capacity were allocated to different developers.
JSW Energy’s capacity breaches 10 GW in FY 2025
Thanks to its wind expansion.
Commentary
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