The Solar Energy Corporation of India (SECI) has announced its intent to buy 500MW worth of ‘firm and dispatchable’ clean power from grid-connected renewable energy projects in 25-year power purchase agreements (PPA).
India’s state-owned company National Hydroelectric Power Corporation has signed a memorandum of understanding with the Green Energy Development Corporation of Odisha to develop at least 1GW of renewable energy across the Odisha state, in India.
2022 saw the solar PV market enter a ‘new growth dimension’, where 239GW of solar capacity was added across the world representing two thirds of all new renewables capacity.
The renewable energy subsidiary of Indian integrated power company Tata Power has commissioned a 110MW solar PV plant in the state of Rajasthan, India.
India-based renewables developer Avaada Group has raised US$1 billion from asset owner Brookfield Renewable to fund the growth of its renewable energy platform in India.