The Jenbacher container is a high quality unit that can be deployed where economical and quick installation is required. The overall compact design ensures space-saving installation and service-oriented accessibility. Containerized solutions can be quickly disassembled and redeployed elsewhere when needed. As such, they are an attractive option for companies seeking financing, as generation assets are easily transferable.
India had achieved 165.94GW of installed renewable energy capacity as of October, while targeting 175GW by 2022, the Indian Parliament was informed on Thursday. In a written reply to the Lok Sabha, Minister of Electricity and New and Renewable Energy R K Singh said 172.72 GW of non-fossil fuel energy has been installed in the country so far.
100% of project finance loans identified last year were allocated to renewable energy projects. This is a sizeable increase from 2020, when renewable energy loans accounted for 74%. L&T Finance is considered the largest financial institution in 2021, pouring Rs 4,214 crore into the industry. Rajasthan and Gujarat are the biggest beneficiaries of renewable energy loans.
JSW Energy said on Monday that its subsidiary JSW ReNew Energy has commissioned 27 MW of wind power generation capacity in Tuticorin, Tamil Nadu as part of the first phase of its 450 MW wind project. The project has a 25-year power purchase agreement with SECI. In addition to this project, the company is building 1.8 GW of greenfield renewable energy capacity, with a view to reaching 10 GW of capacity ahead of schedule. JSW Neo Energy, a wholly owned subsidiary of JSW Energy, is a vehicle established as part of a business restructuring to own all renewable/green and new energy businesses. Around 2.63 GW of renewable energy projects are currently under construction/in pipeline, with 1.26 GW of wind projects expected to be fully operational within the next 12-18 months.
Adani Green Energy Ltd (AGEL), the renewable energy arm of the Adani Group, has commissioned its third hybrid wind-solar power plant in Jaisalmer, Rajasthan. With this hybrid plant, AGEL now has a maximum operating hybrid power generation capacity of 1,440 MW. The combined operating generating capacity is 450 MW.
The U.S. Commerce Department is expected to make a preliminary decision on whether to impose tariffs on solar panels from four Southeast Asian countries. Solar companies say the threat of tariffs alone is a nationwide project freeze. Solar advocates say the move will delay projects and hurt progress on climate change. A final decision is expected in May.