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ReNew Power Raises $300 Million Through Rights Issue

Gurugarm based ReNew Power announces that it has successfully raised $300 Million through a rights issue Clean energy firm ReNew Power has announced to have raised $300 million (approx. Rs 2,050 crore) through a rights issue. Goldman Sachs, Abu Dhabi Investment Authority (ADIA), and Canada Pension Plan Investment Board (CPPIB) have subscribed to the issue, […]

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SECI Confirms Migration of Tenders From TCIL to ISN-ETS

With the migration of e-bidding and e-RA to the ISN-ETS website, SECI’s last 3 tenders live on the TCIL website have been migrated to the new website. The Solar Energy Corporation of India (SECI) has confirmed that with the process of migration of its e-bidding and e-RA to the ISN-ETS website, the last 3 tenders […]

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China To Dominate CSP Revival in Long Term

Concentrated Solar Power is the technology which uses mirrors to concentrate the sun’s energy to drive traditional steam turbines or engines that create electricity. The thermal energy concentrated in a CSP plant can be stored and used to produce electricity when it is needed, day or night. Concentrated solar power (CSP), a renewable energy technology […]

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How to Maximise the Benefits of Bifacial PV Modules

Bifacial PV modules provide many advantages over traditional PV panels. The International Technology Roadmap for Photovoltaic (ITRPV) predicts an upward trend for the shares of bifacial solar modules in the global PV market in the next decade, i.e. 10% in 2019 and more than 35% in 2028. It is widely believed that bifacial PV modules […]

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Vestas Receives 58 MW Repowering Order with Auction win in Denmark

Vestas has received a 58 MW repowering order for the first phase of the 94 MW Overgaard 1 wind park in Randers Municipality in Denmark. Vestas has received a 58 MW repowering order for the first phase of the 94 MW Overgaard 1 wind park in Randers Municipality in Denmark. The order is placed by […]

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EBRD Grants €18 Mn Loan For Kosovo’s First Wind Farm

EBRD is supporting the wind farm at Kitka in the east of Kosovo with an €18 million loan. Kosovo, which relies for its energy on coal, will benefit from a cleaner, more reliable energy from the first large-scale wind farm in the country. The European Bank for Reconstruction and Development (EBRD) is supporting the wind […]

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SECI Signs PSAs Worth 600 MW with two State Discoms

SECI has signed PSA with two state discoms for supplying nearly 600 MW of power from renewable projects. The Solar Energy Corporation of India (SECI) has announced that it has signed Power Supply Agreements (PSA) with two state discoms for supplying nearly 600 MW of power from renewable projects. The first agreement has been signed […]

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Global Offshore Wind Sector has Potential to Grow to 200 GW by 2030

A new report has predicted that the global offshore wind sector could expand to over 200 GW by 2030 if it lives up to its potential. A new report ‘Global Offshore Wind Report’, by the Global Wind Energy Council (GWEC) has predicted that the global offshore wind sector could expand to over 200 GW by 2030 […]

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SECI Confirms Annulment of 3 GW Manufacturing Linked Solar Tender

SECI has announced the annulment of its tender for the selection of solar power developers for setting up of 3 GW manufacturing linked solar tender The Solar Energy Corporation of India (SECI) has announced the annulment of its tender for the selection of solar power developers for setting up of 3 GW ISTS-connected solar PV […]

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