Orient Green Power Company is considering to expansion of its business into the green energy sector as it aims to maximise existing assets. The company in its board meeting held on December 23 said that it would be exploring hybrid solutions and have a mix of solar and wind energy farms at its existing locations

The Government has taken several steps to promote renewable energy, including wind energy, in the country. These, inter alia, include; permitting Foreign Direct Investment (FDI) up to 100 per cent under the automatic route, waiver of Inter State Transmission System (ISTS) charges for inter-State sale of solar and wind power for projects to be commissioned by June 30, 2025, declaration of trajectory for Renewable Purchase Obligation (RPO) up to the year 2030.

Industrial Entrepreneurs Memorandum (IEM) was filed with Department of Industrial Policy & Promotion on 31/12/2021 Electric Power Generation using Solar and Wind Energy

India will soon invite bids for 2,000 MW offshore wind energy projects. The government is planning to bring bids for 1,000 MW in Gujarat and after that 1,000 MW in Tamil Nadu.

Industrial Entrepreneurs Memorandum (IEM) Was Filed With Department Of Industrial Policy & Promotion On 07/05/2021 Electric Power Generation Using Solar And Wind Energy

Wind-solar hybrid (WSH) power, which harnesses both solar and wind energy, is fast emerging as a viable new renewable energy option in India, according to a Crisil Research study. About 15 GW of WSH power will come up by 2024, riding on strong support from Solar Energy Corporation of India and several state governments.

The state government is planning to launch an export policy aimed at large-scale promotion of renewable energy projects. The projects will be designed for a combination of pumped hydro storage, solar and wind energy. The government has proposed to construct 29 pumped hydro storage projects (PSP) with a capacity of 33,240 MW.

Oil India Ltd (OIL) has invited bids for the development of a hybrid project consisting of 41 MW (±5 percent) capacity wind energy and 14 MW solar PV project at a suitable site in Gujarat. The power generated by the projects will be procured by Railways Energy Management Company Ltd (REMCL).

Soft Bank Group Company, SB Energy plans to invest Rs 30,000 crore in the state of Gujarat toward the development of solar energy, wind energy and other unconventional renewable energy sources.