Vena Energy

SECI’s FDRE Tender Breaks New Ground With sub 5 Tariff at Rs 4.98/unit

In a historic moment, the country has witnessed awarding of Firm and Dispatchable Renewable Energy (FRDE) contracts at tariffs as low as Rs 4.98 per unit. This came in response to a tender issued by the Solar Energy Corporation of India (SECI) for a 630 MW of FDRE power. The move is likely to boost […]

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News Briefs, April 18- Amazon Solar, IREDA, ib Vogt, Sapience Automata

IREDA’s Strategic Move: GIFT City Office to Boost Green Hydrogen and RE Manufacturing Projects Indian Renewable Energy Development Agency Ltd. (IREDA) has inaugurated an office in GIFT City, Gandhinagar, specializing in the provision of Foreign Currency-denominated debt options which will significantly reduce the financing costs associated with Green Hydrogen and Renewable Energy Manufacturing projects, facilitating […]

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Amazon & Vena Energy Begins Operation of 125 MW Solar Project in Australia

Amazon and Vena Energy announced the commercial operation of a new 125-megawatt (MW) renewable energy project in Woleebee, Queensland in Australia. The project consists of over 2,50,000 solar photovoltaic panels. According to the company, the Amazon Solar Project Australia – Wandoan is expected to generate enough renewable energy to power more than 60,000 Australian homes […]

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Sunsure Energy Appoints Prosenjit Chakraborty as Head, Performance Systems & IT

Independent Power Producer SunSure Energy has appointed Prosenjit Chakraborty as the Head of Performance Systems & Information Technology in the Asset Management department. Prosenjit’s professional expertise entails developing and leading asset management systems in the renewables industry. In the past, Prosenjit held key positions at renowned firms such as Ayana Power, Vena Energy, ReNew Power, […]

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ACME Group Appoints Ashish Tiwari as COO, Wind & Solar

Ashish Tiwari has joined ACME Group as the COO (Wind & Solar). In the new role, Ashish will play a pivotal role in driving the firm’s growth and ensuring operational excellence. Ashish said about his appointment, “I have joined ACME to be part of a successful journey to achieve GW of RE. To continue with […]

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Mingyang Gets 306-MW Philippines Turbine Order

Chinese wind turbine maker Mingyang Smart Energy Group Limited has announced that it has secured a 306-MW order from Singaporean renewable energy company Vena Energy for two onshore wind projects in the Philippines. Mingyang said the 212.5-MW Talim and 93.75-MW Sembrano are the two onshore wind projects. Mingyang also informed that the wind projects would […]

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Sunil Gupta Assumes the Role of CEO & Group CFO at Azure Power

Independent Power Producer Azure Power has appointed Sunil Gupta as its new CEO (Chief Executive Officer) and Group CFO (Chief Financial Officer). The CEO is set to join the firm on July 10, 2023. He will be replacing the acting CEO, Rupesh Agrawal. Gupta will also step into the shoes of the Managing Director of […]

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Green Firm Vena Energy Bags $500 mn Credit Facility from 8 lenders

Vena Energy announced yesterday that it has signed its first sustainability-linked revolving credit facility of JPY52.8 billion (approximately US$500 million) from eight lenders including BNP Paribas, Crédit Agricole CIB, DBS Bank Ltd, ING Bank, MUFG, Intesa, SMBC and Mizuho. The company is an independent power producer and an integrated pure-renewable energy company in the Asia-Pacific region. […]

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SECI Awards Only 970 MW of 2 GW Wind Tender, Vena and JSW Winners

SECI recently concluded the auction for its 2 GW ISTS-connected wind projects tender, awarding 970 MW capacity to Vena Energy (L1) and JSW Energy (L2). The Solar Energy Corporation of India (SECI) recently concluded the auction for its 2 GW ISTS-connected wind projects tender. The nodal agency has awarded only 970 MW capacity to the […]

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