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US-India Clean Energy Finance (USICEF) Initiative launched to expand access to distributed clean energy projects

Minister of State for Power, Coal & New and Renewable Energy and Mines, Piyush Goyal and US envoy Richard Verma on Friday launched US-India Clean Energy Finance (USICEF) Initiative. The U.S.-India Clean Energy Finance facility (“USICEF”) would support project preparation activities for distributed solar projects in order to unlock OPIC financing and mobilize public and private capital to expand access […]

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SECI awards 240MW solar project to Essel Green Energy in Odisha

Essel Green Energy has acquired a bulk of 270MW solar project in Odisha from Solar Energy Corporation of India (SECI). A subsidiary of Subhash Chandra’s Essel Group, the company has bagged 240MW solar project, while IBC Solar Ventures India has won 20 MW and Jyoti Infrastructure has got 10MW. Energy Corporation of India had set […]

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NTPC Green Floats JV To Set Up RE Projects In Andhra Pradesh

NTPC Green Energy Ltd. (NGEL), a subsidiary of NTPC, has entered into a joint venture (JV) with the New & Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) to develop renewable energy projects in Andhra Pradesh. This collaboration is poised to attract an investment of ₹2,00,000 crore to the state. The JV will spearhead the […]

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Sungrow Ink Supply Deal For 1.7 GWh ESS To Raystech, Solar Juice In Australia

Sungrow, the leading global PV inverter and energy storage system provider, signed a distribution agreements with Raystech Group and Solar Juice Group. Under these agreements, Raystech Group (1GWh) and Solar Juice Group (700MWh) collaborate to distribute 1.7 GWh of Sungrow’s C&I energy storage systems over the next three years.  Raystech Group can leverage its technical […]

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CIL Invites Bids For 40 MW Solar Project To Power MP Coal Plant

To bring renewable energy to coal power stations in Madhya Pradesh, Coal India Limited (CIL) has invited bids to develop a 40 MW solar power project at Johilla Area, Umaria in Madhya Pradesh. The last date for bid submission is December 27, 2024. The bidder for this project is expected to develop. The tender also […]

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Tata Power, ADB Seal $4.25Bn Deal To Finance 966 MW RE Projects In India

Tata Power, an integrated power company, and the Asian Development Bank (ADB) recently signed a Memorandum of Understanding (MoU) coinciding with the ongoing Climate Conference (COP29) at Baku, Azerbaijan. This deal evaluates financing for its several projects and to enhance India’s power infrastructure, and promote renewable and clean energy.  The MoU outlines the evaluation of […]

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Hyundai Motor, Fourth Partner Collaborate For 118 MW RE Project

Fourth Partner Energy Private Limited (FPEL), through its Special Purpose Vehicle (SPV), FPEL Tamil Nadu (TN) Wind Farm Private Limited, recently signed Power Purchase Agreements (PPA)s with Hyundai Motors for both wind and solar power. FPEL TN Wind Farm Private Limited, an SPV created by the Telangana-based Fourth Partner Energy, aims to enhance the company’s […]

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The Top 5 Largest Solar Projects In South East Asia

The Association of Southeast Asian Nations (ASEAN) stands out as a hub of economic growth, with energy demand surging to keep pace. While global energy demand rose by 16 percent between 2015 and 2021, ASEAN nations experienced a sharper 22 percent rise during the same period. The region’s renewable energy landscape is transforming, led by […]

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J&K Discom Issues Tender To Expand Rooftop Solar Projects

The Kashmir Power Distribution Corporation Limited (KPDCL) has released a tender seeking vendors to boost rooftop solar. KPDCL has issued the tender to expedite the growth of rooftop solar in the state. The bid seeks end-to-end solutions to develop rooftop solar projects in the state. The last date for tender submission is December 15, 2024. […]

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