Under the agreement, both parties will jointly explore the development opportunities of up to 7GW solar PV, wind, and hybrid projects with or without energy storage.
Indian independent power producer Hero Future Energies has planned to invest INR30,000 crore (US$3.6 billion) in renewables in the Indian state of Andhra Pradesh.
Steel manufacturer ArcelorMittal has partnered with Indian renewable company Greenko Group to develop a 975MW 'round the clock' wind and solar project in India.
A high court in the Indian state of Andhra Pradesh has ruled that state distribution companies (Discoms) must honour the power purchase agreements (PPA) they signed with electricity producers and settle any debts within six weeks in a move with potentially huge significance for the country’s solar sector.
In a significant ruling for the Indian renewables market, a high court in the state of Andhra Pradesh has ruled that state distribution utilities (Discoms) must pay renewable companies the terms they agreed to when they signed power purchase agreements (PPAs) within six weeks.
Adani Green Energy has secured 3GW of PV capacity in a 6.4GW solar auction in the Indian state of Andhra Pradesh that saw higher tariffs than other recent tenders in the country.
One of the world's largest employers set to progress with renewable ambitions by installing 500MW on rooftops, another 500MW on land and adding 200MW of wind by 2021-22.
