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hybrid projects

Serentica, NTPC Sign PPA To Supply 200 MW FDRE To UP DISCOMs

Serentica Renewables has signed a power purchase agreement with state-run NTPC Ltd to supply 200 MW of firm and dispatchable renewable energy (FDRE) to Uttar Pradesh’s distribution companies (DISCOMS).  The project will combine solar, wind, and battery storage assets across multiple states to deliver on-demand renewable power, particularly during the state’s morning and evening peak […]

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What Led to the Surge in REC Purchases by DISCOMs?

Union Minister of State for New and Renewable Energy Shripad Yesso Naik, in his latest statement before the Parliament, indicated that the Renewable Energy Certificates (RECs) have seen an upsurge. He attributed this surge to the changes in policy, which have made it more favorable for the power distribution companies (discoms) in the state. He […]

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JSW Acquires 4.7 GW RE Platform From O2 Power For ₹12,468 Cr

JSW Neo Energy Limited (JSW Neo), a JSW Energy Limited subsidiary, has completed the acquisition of a 4.7 GW renewable energy (RE) platform from O2 Power Pooling Pte. Ltd. (O2 Power), a platform jointly established by global investment organisations EQT & Temasek in 2020. The platform is valued at approximately ₹12,468 crores, after adjustments under […]

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Waaree Renewable Debuts on the National Stock Exchange (NSE)

Waaree Renewable Technologies Limited, the EPC arm of Waaree Group today announced its listing on the National Stock Exchange (NSE). The company was earlier already listed under the Bombay Stock Exchange (BSE) only. “Waaree Renewable Technologies Limited’s NSE debut is a strategic inflection point. It provides the company with wider stakeholder engagement, and enhanced capital […]

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BRICS Now Home To 3 Of World’s Top 5 Solar Nations: EMBER

Renewable energy drove record clean electricity growth in 2024, with solar and wind accounting for most of the gains, think tank Ember said in its latest Global Electricity Review. Renewable power sources added adding 858 TWh in 2024, 49% more than the previous high in 2022, as per the report.  The study showed, “Solar was […]

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BrightNight India Appoints Kapil Kasotia As Chief Operating Officer

BrightNight, a global renewable energy producer with a strong Indian presence, has appointed Kapil Kasotia as Chief Operating Officer (COO) for its India operations, as it looks to accelerate execution of its multi-gigawatt dispatchable renewable energy projects across key states. Kasotia brings over 20 years of experience in the renewable energy and infrastructure sectors. He […]

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Pentagreen, BII Invest $80M With ib vogt To Build Solar, BESS in SE Asia

Pentagreen Capital (Pentagreen) and British International  Investment (BII) have announced joint financing of US$80 million to accelerate the rollout of utility-scale solar and battery storage projects across Southeast Asia. These companies are developing their latest project in collaboration with ib vogt Singapore Pte. Ltd. (ib vogt), an international renewable energy development platform.   Pentagreen is the sustainable […]

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After A Lull, Rotosol To Restart Solar Inverter Business

Rotosol, a company primarily known for its solar pumps, is set to make a strong comeback in the solar inverter business. The company, with its manufacturing based in Anand, Gujarat, has announced its renewed focus on the residential and commercial & industrial (C&I) rooftop solar segments, with plans to expand into the utility-scale market in […]

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Zelestra In FDRE Deal With SJVN Through 500 MW Of Wind, Solar & BESS

Spanish decarbonisation firm Zelestra has signed a long-term contract with SJVN to supply firm and dispatchable renewable energy (FDRE) in India, enabling the construction of a portfolio of 500 MW of wind, solar and battery storage projects. The innovative hybrid multi-technology project will deliver 24/7 clean energy generation, with wind, solar and battery storage technology […]

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