India

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 unit bags 125MWp floating solar project

It will be commissioned within 13 months.

Onshore wind to play a key role in achieving India’s 2030 target

The country has almost 41GW of onshore wind capacity.

ONGC signs 6 contracts for offshore fields in Arabian Sea, Bay of Bengal

Four of which were signed as the sole bidder, whilst two were in partnership with IOCL. 

Sembcorp to sell India unit to Tanweer Infrastructure

The proposed sale will cut Sembcorp’s GHG emission intensity to 0.32 tCO2e/MWh.

NTPC acquires Jhabua Power

This will bring the IPP’s total installed capacity to over 70GW.

Tata Power to install smart metres for all Mumbai customers by FY25

The company has already deployed smart metres to 75,000 customers.

Azure Power appoints acting CEO

Harsh Shah stepped down as the CEO effective immediately.

India could raise RE capacity by about 24GW with wind energy

As of March 2022, 37.7% of its cumulative installed capacity was wind. 

TP Renewable, SIDBI partner to set up 1,000 green energy enterprises in India 

This is meant to promote sustainable rural entrepreneurship.

ReNew Power records US$1m loss in Q123

This is down from a net profit of US$5m in the same quarter in 2022. 

India may not reach 175GW RE capacity target by 2022: Fitch

The passage of the Energy Conservation (Amendment) Bill will support its growth.

India RE open access capacity climbs by 1.9GW in 2022: report

The market size is estimated to have grown to 10GW in 2022.

NTPC commissions 56MW Kawas Solar project

Its solar installed capacity is now at 69,454MW.