Gandhinagar : On the second day of the 4th Global Renewable Energy Investors Summit and Expo (RE-INVEST 2024), held at Mahatma Mandir here, a total of four MoUs were signed for an investment worth Rs. 1.79 lakh crore in the renewable energy sector in Gujarat. Two of these MoUs were inked between government companies, while the other two were signed between private companies and government entities. An MoU was signed between Avaada Energy and Gujarat Power Corporation Limited (GPCL) for a gree...Read More

Gandhinagar: Gujarat leads the country with the highest non-conventional energy capacity of 27,000 MW. In FY 2023-24, Gujarat added over 13,000 MW of renewable energy capacity and plans to add an additional 40,000 MW by 2030. Energy storage plays a critical role in reducing uncertainty in renewable energy production and ensuring safe and reliable grid operation. Recently, Gujarat achieved the most competitive rates for total energy storage capacity at 750 MW/3000 MWh, costing between Rs. 3.5 ...Read More

Delhi: Jai Prakash Shivahare, Managing Director of Gujarat Urja Vikas Nigam Ltd, announced that Gujarat Energy Transmission Corporation (GETCO) plans to invest ₹96,000 crore over the next 8 years. This initiative aims to bolster the state's transmission infrastructure to accommodate its expanding renewable energy capacity. Speaking at the Global Wind Day event in Delhi, Shivahare emphasized the critical need to expand transmission capabilities in Gujarat. This expansion is essential to effi...Read More

Gandhinagar: Indian Renewable Energy Development Agency Ltd. (IREDA) has opened an office in GIFT City, Gandhinagar, which will specialize in providing debt options denominated in foreign currencies. This will facilitate natural hedging and significantly reduce the financing costs for Green Hydrogen and Renewable Energy Manufacturing projects. The strategic initiative which would contribute to the country's journey towards a greener future was highlighted by Chairperson & Managing Director ...Read More

Sanand: Gujarat-based Greenzo Energy Pvt Ltd is set to deploy an indigenous electrolyzer in Oman to generate 400 units of electricity per hour for illuminating the airport using green hydrogen. Valued at ₹130 crore, the 1-MW Alkaline electrolyzer will be part of a pilot project, producing green hydrogen integrated with fuel cells to power the airport during nighttime. The hydrogen, generated during the day through solar power, will be stored and converted back to electricity at night. This ...Read More

Gandhinagar: Avaada Group has signed a Memorandum of Understanding (MoU) with the Government of Gujarat. This alliance aims to set up hybrid wind-solar projects with an aggregate 6000 MW (6 GW) capacity in the state with an investment of about Rs 40,000 crore. The hybrid projects, located in various districts of Gujarat, predominantly in the underdeveloped waste lands of Kutch, will supply power to various utilities of India including GUVNL, and for captive use of AVAADA’s Green Hydrogen/Am...Read More

Mumbai: Hinduja Renewables has won a bid to set up 140MW solar power capacity in a tender issued by GUVNL at a tariff rate of INR 2.64/kWh. This has a potential to increase to 280 MW as GUVNL may allow additional capacity 140 MW by exercising the Greenshoe option, said the official press release. As per the official statement, the award is part of the Solar Tender Phase -XXII issued by GUVNL for selection of solar power developers for setting up 500 MW Solar Power Projects anywhere in India. ...Read More

Pune: Suzlon Group, a renewable energy solutions provider, today announced a new order win for the development of a 193.2 MW wind power project for The KP Group. This will be part of Wind-Solar Hybrid and STU's (State Transmission Utility) tariff-based project for increasing Renewable Energy contribution in the state of Gujarat. Suzlon will supply 92 units of their S120 - 2.1 MW wind turbine generators (WTGs) with a 140m Hybrid Lattice Tubular (HLT) tower at Vagra and Vilayat in Bharuch district...Read More

Ahmedabad: As part of the upcoming Vibrant Gujarat Global Summit 2024, a two-day National Conclave on Rooftop Solar has commenced in the city. Addressing the conclave, the Energy and Petrochemical Minister of Gujarat, Kanubhai Desai said, "With 22.5 gigawatts, Gujarat ranks at number 2 in the whole country in the generation of renewable energy. In wind power, we rank first in the country with over 10 gigawatts of power generation." "Unit-wise per capita consumption in the country is 1295, ...Read More