NTPC, India’s largest coal-fired power producer, announced plans to add 60 GW of renewable energy capacity by 2035, on GW-scale solar projects. The company aims to double its current 3.5 GW renewable capacity to 6 GW by 2025 and reach 19 GW by 2027. NTPC Green Energy’s INR 10,000 crore (~$11.83 billion) IPO will fund these projects while wind and battery projects will remain limited to 10% of its renewable portfolio.
India’s NTPC to add 60 GW renewable capacity by 2035
NTPC prioritizes solar over wind, limiting wind and battery projects to 10% of its renewable portfolio. (Image Credit/Source: Kelly/Pexels)
Allegations include bribing Indian officials to secure renewable energy projects worth $6 billion. (Image Credit/Source: Kelly/Pexels)
Scatec retains 13% and 12% stakes in Kalkbult, Linde, and Dreunberg solar plants after the sale to STANLIB. (Image Source: Scatec)
The financing partnership between RIC Energy and Rosemawr will fund interconnection deposits for up to 450 MW of renewable projects in NY. (Image Source: RIC Energy)
The ITC investigation focuses on alleged violations of Trinasolar’s Tunnel Oxide Passivated Contact (TOPCon) solar cell technology patents. (Image Source: Trinasolar)