India, Sept. 13 -- The Yamuna Expressway Industrial Development Authority (Yeida) said on Friday it has approved two major renewable energy projects in Sector 8, near the upcoming Noida International Airport, aiming to transform the region into a solar energy hub.

"These facilities will add a combined capacity of 9 gigawatts (GW) in solar cell and module production, strengthening India's clean energy ecosystem. We have issued letters of intent to the companies as part of the land allotment process for these crucial projects," said RK Singh, Yeida's chief executive officer.

On Friday, Yeida issued a Letter of Intent (LoI) for 25 acres to Integrated Batteries India (IB Solar), which has proposed investing Rs.3,000 crore to establish a 4 G...