Hitachi Energy, Ayana Renewable Power collaborate for a 300MW solar project in Rajasthan
Hitachi Energy India has clinched a deal with Ayana Renewable Power, one of India’s leading Independent Power Producers, for a grid connection solution at their upcoming 300-megawatt (MW) solar photovoltaic power plant in Bikaner, Rajasthan. The contract price, although undisclosed, places the project among significant investments in India’s renewable energy sector. Scheduled for commissioning in March 2024, the project involves a comprehensive engineering, procurement, and construction management package.
A Step Forward in India’s Renewable Energy Ambitions
“This project from Ayana Renewable Power is another step towards an integrated renewable energy system. The world is rapidly realizing that renewable energy is essential to deliver on the promise of a carbon-neutral future while maintaining energy security. This is where a robust integrated renewable energy system plays a crucial role in connecting all dots, to address the growing energy needs sustainably,” said N Venu, Managing Director and CEO, India and South Asia, Hitachi Energy.
India’s Renewable Energy Landscape
India has set ambitious targets to source 50% of its electricity from non-fossil fuels by 2030, aligning with its goal of achieving net zero emissions by 2070. As of July 2023, India has a combined installed capacity of 179 GW from renewable energy sources. According to a report by CEEW-CEF, renewable energy contributed to 92% of the 17 GW of newly installed power generation capacity in FY23, with solar energy making up 84% of that figure.
Hitachi Energy’s Role in Accelerating Renewable Energy Integration
Hitachi Energy is pioneering technologies that expedite the large-scale integration of renewable energy, contributing to a carbon-neutral future. The company’s advanced solutions play a critical role in the global energy transition, and currently, 33 GW of clean power in India flows through Hitachi Energy’s technology.
Innovative Technology and Customer Experience
The project’s power system will be factory-fitted with the RelCare digital platform and comes with an EnCompass Service Agreement to ensure reliability and availability for operations. This digital service solution seeks to offer an enhanced customer experience for a period of one year and the whole lifecycle, minimizing the risk of incidents.
Global Presence and Latest Offerings from Hitachi Energy
With more than 10,000 installations worldwide, Hitachi Energy is a market leader in grid connections and power quality solutions. The company recently launched its GrideXpand range of modular and prefabricated grid connection solutions to facilitate faster and more efficient power grid capacity expansion.
This 300 MW project with Ayana Renewable Power adds another feather to Hitachi Energy’s cap, as it continues to make significant strides in the renewable energy landscape, both in India and globally.