SJVN Green Energy will develop 1.2 GW of cumulative solar capacity to supply electricity to Punjab State Power Corp., with a total investment of $843.39 million.
Servotech Power Systems says it will invest around $36.2 million to set up an electric vehicle (EV) charger factory with backward integration in the India state of Uttar Pradesh.
SJVN Green Energy has secured 90 MW of floating solar capacity in the Indian state of Madhya Pradesh with a bid of INR 3.79 ($0.046)/kWh.
Hinduja Renewables has won an 80 MW tender for the second phase of a 600 MW floating solar project, with a tariff of INR 3.89 ($0.047)/kWh.
Tata Power and the government of the Indian state of Maharashtra have agreed to develop 2.8 GW of pumped hydro storage projects.
The Qatar Investment Authority (QIA) has acquired a 2.7% stake in Adani Green Energy. It purchased 42,604,601 shares at a price of INR 920 ($11.10) per share.
A subsidiary of Oil and Natural Gas Corp. is recruiting solar panel suppliers and manufacturers for its future PV projects across India.
Waaree Energies says it will use the latest $121 million equity investment to build 6 GW of solar wafer-to-module manufacturing capacity.
Solar Energy Corp. of India (SECI) has launched a tender to select developers for 1.5 GW of firm and dispatchable power from renewable power projects with energy storage systems. Bidding closes on Sept. 15.
Tata Power Renewable Energy will develop 200 MW and 150 MW solar projects for Maharashtra State Electricity Distribution Co. Ltd (MSEDCL). The installations will be located in the Indian state of Maharashtra.
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