Daily News Wrap up: NTPC Issues 1.2 GW Hybrid Tender With 600 MW Greenshoe Option

RENEWABLE ENERGY NEWS

NTPC Issues 1.2 GW Hybrid Tender With 600 MW Greenshoe Option

NTPC has released a tender to select hybrid power generators for the supply of 1.2 GW of power from inter-state (ISTS)-connected wind-solar hybrid power projects anywhere in India. This project has a greenshoe option for an additional capacity of up to 600 MW on a...Read more.

MERC New Regulation Sets 7% Flexible Demand Target For Next Five Years

Given the evolving context of generation profiles from various types of generation plants, including those behind the meters (within consumer premises), and the significant emphasis on solarizing agricultural feeders and households, it is now imperative to view demand-side management as an opportunity. This opportunity includes...Read more.

Green Stocks Aug 30: KPI Green Energy, Shakti Pumps Stocks Shine

This week's stock market closed on a brighter note, with the majority of green energy stocks witnessing positive growths. KPI Green Energy and Shakti Pumps showed upward movement, with their stock prices rising by 4.79% and 3.57%, respectively. Other companies whose stock prices gained today...Read more.

PGCIL Gets 20 GW Bhadla-III Transmission Project From RECPDCL

Power Grid Corporation of India Limited (PGCIL) recently acquired Bhadla-III Power Transmission Limited, a project-specific Special Purpose Vehicle (SPV) established to develop an additional transmission system to evacuate power from Bhadla-III PS. This project is part of the Rajasthan REZ Phase-III Scheme (20 GW) on...Read more.

MNRE Forms Panel To Frame Norms For Solar Cold Storages

To boost the growth of solar-powered cold storages in the country, the Ministry of New and Renewable Energy (MNRE) has issued a notification announcing the formation of a special panel. The ministry stated that this new Technical Committee will help review the draft specifications for...Read more.

UPNEDA To Develop Solar Project In Mau On Govt Land

The Uttar Pradesh New and Renewable Energy Agency (UPNEDA) has now decided to develop a solar project in Mau district on government land. The state nodal agency for green energy has now also issued a tender in this regard for developing a 5 MW of...Read more.

Karnataka: KERC Issues Rules To Transit Towards Smart Meters

The Karnataka Electricity Regulatory Commission (KERC) has announced new regulations to retrofit existing meters with smart modules. These regulations are titled the KERC (Smart Modules For Existing Digital/Static Meters) Guidelines, 2024. The state power regulator noted that when phasing out existing digital and static meters...Read more.

IREDA Expands Horizon Woth International Credit Rating from S&P

Indian Renewable Energy Development Agency Limited (IREDA) has secured its international credit rating from S&P Global Ratings Limited. The Indian lender has been assigned 'BBB-' long-term and 'A-3' short-term issuer credit ratings to IREDA, with Outlook ‘Stable’. This rating will enable IREDA to expand its...Read more.

Senvion Secures 86.4 MW Order From Continuum Green Energy

Wind turbine manufacturer Senvion India announced a new order of 86.4 MW from Continuum Green Energy in Gujarat. With this order, Senvion will be delivering a total of 270 MW across five projects to Continuum. Senvion India was acquired by Saudi Arabia based Alfanar in...Read more.

EV's & Storage News

The Key To the Next Phase of RE Growth: Evolution of Large-Scale Batteries

The renewable energy industry has been on a transformative journey over the past few decades. At the heart of this revolution lies large-scale battery storage which is considered to be one of the most critical technological advancements. These batteries have evolved from small, short-duration systems...Read more.