memorandum of understanding

NTPC Renewable Energy Limited has signed an MoU with the Government of Gujarat to develop 15GW renewable energy projects in Gujarat.

Avaada has inked an MoU with the Gujarat government to develop solar, wind, and BESS worth INR360 billion (US$4.05 billion). 

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 power conglomerate Tata Power has signed a memorandum of understanding (MoU) with the Indian government of Assam to build up to 5GW of renewables.

Tata Power to build a 2GW module plant in India, while Vikram Solar filed draft papers for its IPO and build a 3GW cell and module plant.

Construction is expected to start in November, with the 2GW module assembly plant built in the United Arab Emirates (UAE).

Pertamina NRE has signed a memorandum of understanding with state-owned energy company Coal Power Generation Company Bangladesh Limited to build the PV project.

India-based renewables developer Avaada Group has signed a memorandum of understanding (MoU) with the Indian government of Gujarat to develop 6GW of hybrid solar-wind capacity.

UAE power company Masdar has signed a memorandum of understanding (MoU) with the Malaysian Investment Development Authority (MIDA) to develop up to 10GW of renewable energy projects, including ground-mounted, rooftop and floating solar.

Masdar subsidiary MW Energy plans to develop 500MW of renewable projects in Tajikistan, which will include solar projects.