India: USTDA signs MoU for 41 MW hybrid storage project
The U.S. Trade and Development Agency (USTDA) has approved a grant supporting the technical design and project planning work for IL&FS Energy Development Company Limited’s (IEDCL) 41 MW hybrid wind, solar and energy storage power plant in Andhra Pradesh.
Greenko’s 2.75 GW solar, wind, storage project approved in India
Greenko Energies will set up India’s largest Integrated Renewable Energy Project (IREP) in Andhra Pradesh at an investment of INR 150 billion (US$2.2 billion). Recently approved by the Andhra Pradesh government, the project will comprise 1,000 MW of solar energy, 550 MW of wind energy and 1,200 MW of standalone pumped storage capacities. It is expected to provide employment to 15,000 people during construction and 3,000 people after construction.
India: ACME Solar wins 600 MW project at lowest ever Indian tariff
ACME Solar has bagged a 600 MW solar PV project in a reverse auction conducted by the Solar Energy Corporation of India (SECI) at a tariff of Rs 2.44 (US$0.036) per unit.
India’s installed renewable energy capacity surpasses 50 GW
Data from the Ministry of New and Renewable Energy analyzed by Mercom Capital Group shows India’s renewable energy installations have crossed 50 GW, setting the country on course to meet its 2022 goal.
Azure Power completes first phase of 14 MW Delhi Metro solar installation
The Indian renewables developer has finished phase one of the rooftop project at the Delhi Metro Rail Corporation’s Sultanpur facility at a tariff of $0.083/kWh.
