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Ørsted Reports Strong Numbers for First Half of 2019

Ørsted has achieved an operating profit of USD 1.32 billion in first half of 2019, up 2% and on track to deliver its full-year guidance. Wind Major Ørsted’s Board of Directors approved the interim report for the first half year (H1) of 2019. The firm revealed that it has achieved an operating profit (EBITDA) of […]

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India Ratings Raises Risk Concern for PPAs Signed With SECI, NTPC

In its revenue risk analysis, the India Ratings and Research a part of Fitch Group found that the Power Purchase Agreements signed by NTPC and SECI are vulnerable to risks. Contrary to the general belief that the PPAs signed between the Renewable energy companies and reliable counter parties like Solar Energy Corporation of India (SECI) […]

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NLC India Commissions 100 MW Solar Plant in Tamil Nadu

NLC India has successfully commissioned a 100 MW solar PV plant in Tamil Nadu. State-owned mining and power generating company, NLC India has announced the successful commissioning of a 100 MW solar PV plant in Tamil Nadu. “Pursuant to confirmation received from TANGEDCO, vide letter dated 07.08.2019, it is informed that the 100 MW Solar […]

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Macquarie to Acquire 400 MW Offshore Wind Farm in North Sea

Macquarie Infrastructure and Real Assets has agreed to acquire the 400 MW wind farm BARD Offshore 1, from Unicredit. Macquarie Infrastructure and Real Assets (MIRA), via a Macquarie European Infrastructure Fund 5 led consortium, has agreed to acquire Ocean Breeze Energy, the owner of North Sea wind farm BARD Offshore 1, from Unicredit. The 400MW […]

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Himachal Tender for Solar Plants at 312 Middle Schools in the State

The Himachal Pradesh Energy Development Agency has invited bids for the deployment of solar plants in 312 middle schools in the state The Himachal Pradesh Energy Development Agency (HIMURJA) has issued a tender, inviting bids from eligible parties for the deployment of solar PV power plants ranging from 1-3 kWp in 312 middle schools in […]

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MNRE Invites Proposals for R&D in Solar Energy

MNRE has invited project proposals from industries, startups engaged in Research, Development and Demonstration in multiple areas of solar energy. The Ministry of New and Renewable Energy (MNRE) has invited project proposals from industries, startups and R&D laboratories/organisations/institutions actively engaged in Research, Development and Demonstration (RD&D) in multiple areas of solar energy. The different areas […]

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UNIDO, NISE to Cooperate on Skill Development in Solar Thermal Sector

An agreement has been signed between NISE and UNIDO to initiate a skill development programme in the solar thermal energy sector. An agreement has been signed between the National Institute of Solar Energy (NISE), an autonomous institute under the Ministry of New and Renewable Energy (MNRE), and the United Nations Industrial Development Organization (UNIDO) to […]

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Six More Cities Now Get EESL’s Super-Efficient ACs

These ACs will undergo no de-rating even at 43oC, which leads to continuous effective cooling even at high temperatures up to 52 oC. After introducing first-of-its-kind super-efficient Air Conditioners (ACs) for Delhi consumers, the government-backed Energy Efficiency Services Ltd (EESL) has expanded this programme to six more cities i.e. Mumbai, Bengaluru, Kolkata, Hyderabad, Chennai and […]

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Sterling & Wilson Solar IPO Records 9% Subscription on Day 1

The IPO of Sterling & Wilson Solar was subscribed 9 percent on the first day of bidding on August 6, 2019. The initial public offer (IPO) of Sterling & Wilson Solar Ltd was subscribed 9 percent on the first day of bidding on August 6, 2019. The IPO through which the company plans to raise about Rs […]

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