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Avaada Energy, O2 Power Win RUMSL 550 MW Solar Auction

We have two more names joining the winners’ list in key solar auction results this week. This time, it is the RUMSL 550 MW Agar Solar park auction, where Avaada Energy and O2 Power (through Beempow energy Private Limited) have won the auction for 550 MW solar projects of Rewa Ultra Mega Solar Limited (RUMSL), […]

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Wind Farms in Brazil’s Northeast Hit New Peak Generation Record, Again!

The Brazilian Northeast wind parks generated their peak —11,548 MW — at 23:56 local time on July 8, according to data from the National Electric System Operator (ONS). The volume produced by wind parks accounted for 99.2% of the regional need. This is the second time the region has broken its generation record this month. The previous […]

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Hero Electric Raises Rs. 220 Crores From GII and OAKS

Hero Electric, the market leader by sales in the electric two wheelers, has raised an investment of Rs. 220 Crore from a UAE-based financial services company Gulf Islamic Investments (GII), and an existing investor, OAKS investment partner. the funds will be deployed as Hero Electric seeks to make an impact in the crowded electric two […]

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BlackRock raises $250 M for Climate Projects in Asia, Latin America, Africa

New York-based investment management company BlackRock has secured over $250 million from global investors and governments for the Climate Finance Partnership (CFP), which was introduced at the One Planet Summit in September 2018 under the leadership of French President Emmanuel Macron. CFP is a flagship blended finance vehicle that is designed to invest in climate solutions and […]

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US Adds 34 More Entities to Blacklist, 14 Chinese Enterprises In List

Close on the heels of its move to impose sanctions on Chinese firms with a presence in that country’s Xinjiang province, for alleged human rights abuses, the US commerce department has expanded the scope of its actions now. The latest is a fresh list of 34 entities, 14 of whom are Chinese, which have been […]

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Tata Power, Azure Win MSEDCL Hybrid Tender With Rs 2.62 Bid

Tata Power (TP Saurya  Limited) and Azure Power have edged out RenEw Power to win the Hybrid MSEDCL tender for wind and solar combined. The winning bidders came in with bids at Rs 2.62, a paisa lower than RenEw Power’s Rs 2.63 bid. The tariff is less than 10 percent higher than the one discovered […]

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GAIL Recruitment 2021: Manager, Senior Engineer etc.

GAIL Recruitment 2021: Career opportunities in GAIL for aspiring candidates for 220 posts in various desciplines. GAIL Recruitment 2021, a Maharatna PSU and India’s flagship Natural Gas company is integrating all aspects of the Natural Gas value chain (including Exploration & Production, Processing, Transmission, Distribution and Marketing) and its related services. In a rapidly changing […]

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Tata Power Empaneled for 84MW Rooftop Solar Project By KSEB

Tata Power, India’s largest integrated power company, has been empaneled and won a contract worth Rs 400cr from the Kerala State Electricity Board Limited (KSEBL) on July 2, 2021 to develop 84MW solar rooftop project for domestic consumers across all districts of Kerala. As a part of this agreement, the company will implement projects through […]

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New York Allocates $12.5 M for Green H2 Exploration

New York will use $12.5 million of state funds for long-duration energy storage technologies and pilot projects exploring the potential for green hydrogen production, said Governor Andrew M Cuomo recently. To support the state’s decarbonisation goals and its pledge to cut its carbon footprint by 85% by 2050, New York is also collaborating with the […]

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