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hybrid renewable projects

IMFA Inks Deal To Source 40 MW RE From AMPIN Hybrid Project

Indian Metals & Ferro Alloys Limited (IMFA), a fully integrated ferro-alloys producer signed a long-term Power Purchase Agreement (PPA) with AMPIN Energy Utility One Private Limited.  Under the terms of the PPA, IMFA will source 40 MW of contracted demand through a hybrid renewable energy solution, comprising 58 MW AC of solar and 58 MW […]

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With Hybrid Push, Oyster Renewable Aims 2 GW Capacity

India-based Oyster Renewable Energy is aiming to commission 2 gigawatts (GW) of renewable energy capacity by 2030, with a sharp focus on the commercial and industrial (C&I) sector, the company said in an interaction with Saur Energy. The independent power producer, founded in 2021, is building a portfolio of hybrid wind-solar projects across several Indian […]

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Zelestra Energy Gets Financing for 237 MW Solar Projects In Spain

Spanish EPC and Renewable energy developer Zelestra has achieved financial close for a portfolio of six solar projects in Spain. The projects, adding upto 237 MW form the  Belinchón and Brazatortas clusters in Spain. A total of 21 power purchase agreements (PPAs) along with a debt package of €146.6m has been sanctioned for the construction […]

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UPERC Proposes Tighter Norms For Banking Renewable Energy

In a significant shift likely to impact investment decisions in Uttar Pradesh’s energy sector, the Uttar Pradesh Electricity Regulatory Commission (UPERC) has proposed sweeping changes to the banking provisions for captive and renewable energy projects under its Draft (Captive and Renewable Energy Generating Plants) Regulations, 2024. The new draft regulation, which will replace the 2019 […]

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ArcelorMittal’s 1GW Renewable Energy Project Begins Power Supply To Nippon Steel

ArcelorMittal’s 1GW solar and wind project located in  Andhra Pradesh, southern India, has recently started providing clean electricity to AM/NS India which is  ArcelorMittal’s 60/40 Indian steelmaking joint venture with Nippon Steel.  The $0.7 billion project was developed, constructed, and commissioned by AM Green Energy, an ArcelorMittal subsidiary. The India renewables project has been developed […]

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Axis Energy Gets APERC Nod For 400 MW Hybrid Projects In Andhra

The Andhra Pradesh Electricity Regulatory Commission (APERC) has issued an order regarding the approval of four amended power purchase agreements (PPAs) between the Southern Power Distribution Company of Andhra Pradesh Limited (APSPDCL) and Axis Renewable Energy Park entities for procuring a total of 400 MW from wind-solar hybrid projects. The agreements were executed under the […]

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Inox Green Enters Solar O&M With 675 MWp Projects Across India

Inox Green Energy Services has agreed to provide operations and maintenance (O&M) services for 675 MWp of solar projects owned by one of India’s leading renewable energy companies. The projects are located across multiple states in India. With the agreement, Inox Green — one of the country’s leading renewable O&M service providers — marks its […]

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Waaree Renewable Delivers With Strong Finish To FY25

Waaree Renewable Technologies Ltd. (WRTL), one of India’s fastest-growing and largest solar EPC companies, announced its audited financial results for Q4 and full-year FY25 on Apr 16. WRTL’s Q4 FY25 revenue from operations reached ₹476.58 crore, marking a 32.3% increase sequentially from ₹360.35 crore in Q3 FY25 and a 74.5% increase YoY from ₹273.31 crore […]

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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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