Oriana Power Signs MoU with Rajasthan in Clean Energy
Oriana Power, a publicly-listed company on the NSE, announced on Monday that it has entered into a Memorandum of Understanding (MoU) with the Rajasthan government to invest Rs 10,000 crore in a series of clean energy projects. The projects will focus on solar energy, floating solar, green hydrogen, and energy storage solutions. The agreement was finalized in Jaipur during the recently concluded Rising Rajasthan Global Summit 2024. Oriana Power has identified six key locations in the state for these projects, including one in Bikaner, two in Churu, and three in Phalodi districts. Rupal Gupta, M..
PM Surya Ghar Scheme Set to Surpass 10 Years of Solar Growth
The PM Surya Ghar Muft Bijli Yojana has achieved a remarkable milestone, surpassing 6.85 lakh solar installations within a year and poised to exceed a decade's worth of solar growth. The scheme, launched in February 2024, has already achieved 86 percent of the solar installations made in the last ten years. The 3-5 kW segment accounted for the majority of installations, at 77 percent, while 14 percent of installations were in the 5kW+ category. Gujarat led the charge with 2,86,545 installations, followed by Maharashtra with 1,26,344, Uttar Pradesh with 53,423, and Kerala. The scheme, which now..
JSW Energy Reaches 20 GW Locked-in Generation Capacity
JSW Energy announced that it has secured a total generation capacity of 20 GW through renewable energy projects in the commercial and industrial sector. This includes 3.1 GW of locked-in capacity, comprising 2,654 MW of captive capacity for the JSW Group and 445 MW of third-party commercial and industrial (C&I) capacity. Currently, the company's operational C&I capacity stands at 488 MW. JSW Energy has signed power purchase agreements (PPAs) with DCM Shriram and Indus Towers Ltd for the supply of renewable energy, further reinforcing its commitment to sustainability. With this, the companyâ€..