India’s PM-Surya Ghar: Muft Bijli Yojana Promotes High-Quality Solar Products For Residential Rooftop Installations
India’s PM-Surya Ghar: Muft Bijli Yojana, launched in February 2024 with ₹75,021 crores, aims to boost rooftop solar capacity in residential households until 2026-27. The scheme includes a framework for OEM model enlistment, ensuring solar PV modules and inverters meet high efficiency and warranty standards. Enlisted products with minimum criteria will be listed on a national portal to aid consumer decision-making, promoting reliable and sustainable rooftop solar installations nationwide.
Ampin Announces ₹13 Billion Investment In 246 MW Wind-Solar Hybrid Project
Ampin, a renewable energy firm, is set to launch a 246 MW wind-solar hybrid project in India with an investment of ₹13 billion. This initiative aims to bolster India’s renewable energy capacity by integrating wind and solar technologies, enhancing energy efficiency and grid stability. The project will also stimulate local economies through job creation and support the country’s ambitious clean energy targets. Ampin’s venture underscores its strategic commitment to sustainable energy development in the region.
Cleantech Solar Secures ₹855 Crore Loan From Aseem Infrastructure for Renewable Energy Expansion In India
Cleantech Solar secures ₹855 crores in senior secured financing from Aseem Infrastructure Finance Limited. The funds will fuel the expansion of its open access Commercial and Industrial (C&I) renewable energy portfolio across India. This initiative aims to meet growing demand from corporate sectors like real estate and manufacturing, helping them transition to sustainable energy. Cleantech Solar’s current portfolio stands at 1.2 GWp, highlighting its dedication to renewable energy growth and corporate sustainability.
Delhi’s Comprehensive Guidelines For Peer-To-Peer (P2P) Renewable Energy Transactions And Advanced Metering Infrastructure
The Delhi Electricity Regulatory Commission (DERC) has introduced new guidelines for Peer-to-Peer (P2P) energy transactions, focusing on renewable energy adoption and empowering consumers and prosumers. These guidelines mandate advanced metering infrastructure for accurate energy tracking, facilitating registration with distribution licensees or service providers. Participants can choose from Virtual Net Metering, Group Net Metering, or P2P Metering Arrangements, with the flexibility to switch annually. Aimed at promoting local generation and reducing reliance on non-renewables, the guidelines aim to create a resilient, decentralized energy market in Delhi.
JSW Energy Signs PPA For 1,325 MW Of Renewable Energy Projects
JSW Neo Energy Limited, a subsidiary of JSW Energy Limited, has secured PPAs for wind and solar projects totaling 1,325 MW, including 1,025 MW with SECI and 300 MW with GUVNL. These projects, located in Gujarat and Karnataka, aim to increase JSW’s locked-in capacity to 13.6 GW. The agreements feature tariffs of ₹3.62/KWh for wind and ₹2.66/KWh for solar, with operational targets set within 24 months for wind and 21 months for solar.
Sunsource Energy Completes 45 Mwp Solar Power Expansion In Uttar Pradesh, Enhancing Clean Energy Footprint
SunSource Energy, a subsidiary of SHV Energy, has commissioned three 45 MWp solar power plants in Uttar Pradesh’s Jhansi and Lalitpur districts. These plants, supported by PPAs with leading clients, aim to generate 1.5 million MWh of solar energy, offsetting 1.4 million tonnes of CO2. With six operational projects and four more in development, SunSource Energy approaches 100 MWDC capacity in Uttar Pradesh, contributing to India’s renewable energy sector.
Juniper Green Energy Expands Renewable Presence With Two PPAs In Gujarat And Rajasthan With 150 MW
Juniper Green Energy has signed transformative Power Purchase Agreements (PPAs) in Gujarat and Rajasthan. They include a 150 MW wind-solar hybrid project with SECI under Hybrid Tranche VII, expected to generate 477 million units annually and offset 445,796 tonnes of CO2, benefiting 95,079 households. Additionally, a standalone 90 MW wind project with GUVNL Wind Phase VI aims to generate 293 million units annually, offsetting 266,002 tonnes of CO2 and powering 56,539 households in Gujarat.
Mauritius Advances Solar Energy With New Initiative At Jawaharlal Nehru Hospital
Mauritius inaugurated a solar initiative at Jawaharlal Nehru Hospital on June 3, 2024, supported by the ISA Cares Initiative. The project aims to solarize healthcare centers, starting with a 26.4 kW rooftop system at the hospital. Led by the Ministry of Health and Wellness and the Ministry of Energy and Public Utilities, it seeks to cut electricity costs, enhance healthcare services, and pave the way for broader solar adoption in government institutions toward achieving 60% renewable energy by 2030.
Madhya Pradesh to Host World’s Largest Floating Solar Plant; Telangana’s Solar Capacity Boosted
Madhya Pradesh is set to host the world’s largest floating solar power plant in Khandwa, generating 600 MW by 2022-23. Costing over ₹3000 crores, the project utilizes the expansive water body of Omkareshwar Dam on the Narmada River. With stable water levels and minimal fluctuation, it’s an ideal site for this ambitious renewable energy initiative. In Telangana, NTPC’s 100 MW Ramagundam Floating Solar PV Project is now fully operational, enhancing the region’s floating solar capacity to 217 MW.
Larsen & Toubro Secures Contract to Build 185 MW Solar PV Plant with Energy Storage in Bihar
Larsen & Toubro’s Power Transmission & Distribution division has secured a major contract to build a 185 MW grid-connected Solar PV Plant with a 254 MWh Battery Energy Storage System in Kajra, Bihar. This project aims to bolster Bihar’s renewable energy strategy by managing energy demand fluctuations and enhancing grid stability. L&T’s extensive experience in renewable projects and energy storage positions it as a key player in advancing sustainable energy solutions globally.
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