Juniper Green Energy secures 480 MW in hybrid PPAs with GUVNL, NTPC
The GUVNL hybrid phase-1 project is the first hybrid initiative with Gujarat Urja Vikas Nigam Limited (GUVNL), with 190 MW of hybrid capacity
The GUVNL hybrid phase-1 project is the first hybrid initiative with Gujarat Urja Vikas Nigam Limited (GUVNL), with 190 MW of hybrid capacity
The firm will oversee the comprehensive manufacturing, testing, packing, and transportation of these solar modules
The bidding process by GUVNL took place on 2 February, 2024, with ENGIE securing 200 MW at a competitive tariff of Rs 2.62 per unit
"Cases against companies have traditionally been focused on the fossil fuel sector but they are now being launched across other sectors, including airlines, the food and beverage industry, e-commerce and financial services," the report said.
In addition to the hybrid project, the company has secured agreement with GUVNL Wind Phase VI for a standalone 90 MW wind power project in Gujarat
The rupee term loan will be deployed towards construction, development, and operations of Cleantech Solar’s open access solar and wind parks across multiple Indian states
Dubbed RE100, the group of more than 400 large companies that have committed to work towards using all-renewable electricity includes 87 Japanese firms such as Sony and Panasonic.
India aims to install 500 gigawatts of renewable energy capacity by 2030. This ambitious target will require annual investments of over 150 billion dollars, according to Adani.
He said that the company is also looking at a JV or a foreign collaboration for electrolyser manufacturing as they already have gigafactories in Raipur and Gandhinagar
Srini Viswanathan will step down as the company’s CEO and Pabba will soon be given the new role of CEO
The JV is projected to avoid about 165,000 tCO2e greenhouse gas emissions annually