Waaree Energies commissions 27.5 MW solar project

J&K army installs soalr lights in LOC border village, Dabbi

Dabbi village in Jammu and Kashmir, near the Line of Control, now has solar-powered lights installed by the army. This project, called 'Sadhbhavana' or goodwill, was finished quickly to help villagers who've suffered from cross-border shelling for years and had no street lights. The army's aim was to improve life in Dabbi, so they put up solar lights where people gather, like near the mosque, shrine, school, and animal sheds. Now, 19 households and 129 villagers have reliable street lights, making it safer to move around at night. This also created community spaces and brought people closer. <..

Thermal plant load factors will approach 70% in FY25; Ind-Ra reports

Ind-Ra expects merchant market prices to remain elevated in FY25, driven by sustained high demand and sluggish thermal capacity expansions. However, it foresees an acceleration in thermal capacity additions over FY25-26, with annual commissioning expected to range between 6-8GW. The new draft tariff norms by the Central Electricity Regulatory Commission for FY25-FY29 aim to maintain stability; ensuring regulated returns for existing power plants.

Additionally, the agency predicts continued renewable capacity additions at a pace of 15-18GW annually over FY25-FY26, supported by lowe..

Repsol Eyes Stake Sale for Strategic Plan

Spanish oil major Repsol is reportedly engaged in negotiations to offload a portion of its renewable energy subsidiary as part of a strategic maneuver to propel its ambitious agenda through 2027.

Santander has purportedly been enlisted to facilitate the sale, indicating a significant step in Repsol's financial strategy. While Repsol intends to retain a majority stake in its renewables arm, the prospective deal may involve the infusion of fresh capital by the investor. However, the identity of the investor remains undisclosed at present.

Repsol Renewables, valued at 5.9 billio..