Latest news with #FDRE
Time of India
6 days ago
- Business
- Time of India
Juniper Green Cosmic, NHPC sign agreement to develop 250 MW FDRE project
Juniper Green Energy said on Wednesday its arm Juniper Green Cosmic has signed a power purchase agreement with state-owned NHPC for the development of a 250 megawatt Firm and Dispatchable Renewable Energy project . The power generated from this Firm and Dispatchable Renewable Energy (FDRE) project will be supplied to the Haryana Power Purchase Centre (HPPC) on behalf of Haryana DISCOMs ( Dakshin Haryana Bijli Vitran Nigam Limited and Uttar Haryana Bijli Vitran Nigam Limited), according to the company. Explore courses from Top Institutes in Select a Course Category CXO Cybersecurity healthcare Degree Project Management Data Analytics MBA Product Management MCA Public Policy Finance Data Science Artificial Intelligence Data Science others Leadership Technology PGDM Design Thinking Management Digital Marketing Others Operations Management Healthcare Skills you'll gain: Customer-Centricity & Brand Strategy Product Marketing, Distribution, & Analytics Digital Strategies & Innovation Skills Leadership Insights & AI Integration Expertise Duration: 10 Months IIM Kozhikode IIMK Chief Marketing and Growth Officer Starts on Apr 7, 2024 Get Details Skills you'll gain: Operations Strategy for Business Excellence Organizational Transformation Corporate Communication & Crisis Management Capstone Project Presentation Duration: 11 Months IIM Lucknow Chief Operations Officer Programme Starts on Jun 30, 2024 Get Details Skills you'll gain: Digital Strategy Development Expertise Emerging Technologies & Digital Trends Data-driven Decision Making Leadership in the Digital Age Duration: 40 Weeks Indian School of Business ISB Chief Digital Officer Starts on Jun 30, 2024 Get Details Skills you'll gain: Technology Strategy & Innovation Emerging Technologies & Digital Transformation Leadership in Technology Management Cybersecurity & Risk Management Duration: 24 Weeks Indian School of Business ISB Chief Technology Officer Starts on Jun 28, 2024 Get Details Juniper Green Cosmic signed the power purchase agreement (PPA) on June 28, 2025, for a duration of 25 years. The FDRE project is scheduled to begin power supply in June 2027, it added. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Gentle Japanese hair growth method for men and women's scalp Hair's Rich Learn More Undo Under this PPA, Juniper Green Energy will develop a renewable energy project, which will be a mix of solar, wind, and Battery Energy Storage System (BESS). Juniper Green Energy CEO Ankush Malik said this PPA demonstrates the company's capability to undertake and deliver complex renewable projects that allow us to align with the country's goal for sustainable and reliable power. Live Events "Juniper Green Energy ranked as the second-largest bidder in terms of total capacity won in WSH (wind-solar hybrid) and FDRE tenders concluded between April 1, 2021, to December 31, 2024," he said. Previously, in December 2024, Juniper Green Light Ten Private Ltd, a subsidiary of Juniper Green Energy, had signed a PPA with NHPC for a 200 MW FDRE Project for the supply of power to Uttar Pradesh. Juniper Green Energy is an independent renewable energy power producer in India, focused on the development, construction and operations of utility-scale solar, wind, and hybrid renewable energy projects. The company has grown its operational capacity to approximately 1.45 GWp (gigawatt peak).
Time of India
6 days ago
- Business
- Time of India
Juniper Green Energy signs PPA with NHPC for 250 MW hybrid renewable project to supply Haryana
New Delhi: Juniper Green Energy Limited, through its subsidiary Juniper Green Cosmic Private Limited, has signed a 25-year Power Purchase Agreement (PPA) with NHPC for a 250 MW Firm and Dispatchable Renewable Energy (FDRE) project. The agreement was signed on June 28, 2025. As per the agreement, the renewable energy project will comprise a mix of solar, wind, and Battery Energy Storage System (BESS) and will supply power to the Haryana Power Purchase Centre (HPPC) on behalf of the state's distribution companies—Dakshin Haryana Bijli Vitran Nigam Limited and Uttar Haryana Bijli Vitran Nigam Limited. The project is scheduled to begin power supply from June 2027. "We are proud to partner with NHPC again on this FDRE project," said Ankush Malik, Chief Executive Officer, Juniper Green Energy. "This PPA demonstrates our capability to undertake and deliver complex renewable projects that allows us to align with the country's goal for sustainable and reliable power." Juniper Green Energy was the second-largest bidder in terms of total capacity awarded in Wind-Solar Hybrid (WSH) and FDRE tenders conducted between April 1, 2021 and December 31, 2024. In December 2024, its subsidiary Juniper Green Light Ten Private Limited signed a PPA with NHPC for a 200 MW FDRE project to supply power to the state of Uttar Pradesh.
Time of India
11-07-2025
- Business
- Time of India
India adds 21.9 GW solar and wind capacity in H1 2025, up 56% YoY
New Delhi: India added about 21.9 GW of new solar and wind power capacity in the first half of 2025, marking a 56 per cent year-on-year increase compared to H1 2024, according to data released by the Ministry of New and Renewable Energy (MNRE). Between January and June 2025, solar installations rose by 51.6 per cent , while wind capacity saw an 82 per cent year-on-year growth. This brings India's total renewable energy (RE) capacity to approximately 234 GW, with solar energy accounting for about 50 per cent of the mix. Wind contributes 22 per cent , large hydro 21 per cent , bio power 5 per cent , and small hydro 2 per cent . Utility-scale solar led the additions, with 14.3 GW installed in H1 2025—a 49 per cent rise over H1 2024. Of this, nearly 10.6 GW was added in Q2 2025 alone. Rooftop solar capacity additions reached around 3.2 GW, up 76 per cent year-on-year, while off-grid and distributed solar capacity grew by 18.6 per cent , with 816.6 MW added in H1 2025. In the wind sector, India added approximately 3.5 GW in the first six months of 2025, compared to 1.9 GW in the same period last year. New procurement mechanisms such as wind-solar hybrid, solar or wind combined with energy storage systems (ESS), and Firm and Dispatchable Renewable Energy (FDRE) tenders are expected to further drive additions in this segment. Gujarat, Rajasthan, and Maharashtra together accounted for more than 50 per cent of the total solar and wind capacity additions in H1 2025, highlighting their significant role in the clean energy transition. According to JMK Research, the trend is expected to continue in the second half of the year, with an additional 16–17 GW of solar and wind capacity likely to be commissioned.
Business Standard
07-07-2025
- Business
- Business Standard
Acme Solar places order of over 3.1 GWh of Battery Energy Storage System
Acme Solar Holdings has placed an order of more than 3.1 GWh of Battery Energy Storage System (BESS) from leading global energy systems supplier including Zhejiang Narada and Trina Energy, renowned for their high efficiency and scalable storage solutions. This marks one of the largest battery storage procurements in India to date and will support the deployment of BESS across ACME Solar's multiple renewable energy FDRE (Firm & Dispatchable Renewable Energy) and battery linked projects, scheduled for commissioning over the next 12-18 months across multiple states in India.
Time of India
07-07-2025
- Business
- Time of India
ACME Solar secures 3.1 GWh BESS order from Zhejiang Narada and Trina Energy
ACME Solar Holdings announced on Monday that it has secured over 3.1 GWh of high-efficiency and scalable storage solutions from Zhejiang Narada and Trina Energy- making it one of the largest battery energy storage system (BESS) orders in India. This substantial procurement will facilitate the deployment of BESS across ACME Solar's multiple Firm & Dispatchable Renewable Energy (FDRE) and battery-linked projects. These projects are scheduled for commissioning over the next 12-18 months across various states in India. Deliveries are planned in a phased manner, commencing within the next four to eight months of the current fiscal year. According to the company's statement, ACME Solar noted that the order value aligns well within budgeted costs, ensuring overall capital expenditure efficiency while upholding technical performance and supplier reliability. This early procurement strategy is also expected to accelerate execution timelines and enable timely revenue realisation. The advanced BESS equipment procured meets rigorous global standards, including those set by the International Electrotechnical Commission (IEC) and Underwriters Laboratories (UL), guaranteeing best-in-class safety, performance, and reliability for the upcoming projects. ACME Solar's dedication to accelerating clean energy adoption and enhancing grid stability in one of India's fastest-growing renewable energy regions. ACME Solar Holdings currently has an operational capacity of 2,890 MW, with an additional 4,080 MW in various stages of implementation.
