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Electricity Act

ReNew Power Bags 200 MW of GUVNL’s 500 MW Tender; Solarcraft, Mahindra Susten, Avaada Energy Other Winners

Gujarat Urja Vikas Nigam’s (GUVNL) tender, floated in February this year, for the supply of power from 500 MW of grid-connected solar projects (Phase XIX) has been won by ReNew Power, Solarcraft Power, Mahindra Susten, and Avaada Energy. Capacities & Tariff ReNew Solar Power bagged the highest capacity of 200 MW. It had quoted Rs 2.71 […]

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Siemens Gamesa To Supply Turbines For 1.5 GW Baltic 2 Sea Project

Global renewable energy conglomerates Ørsted and PGE Baltica have selected wind turbine major Siemens Gamesa for turbine supply for the Baltica 2 offshore wind project in the Baltic Sea. It will be supplying for one of the two stages of the wind energy project that will help Poland’s offshore wind industry to make giant leaps […]

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GUVNL Awards 200MW Solar Project To Avaada Energy With A Tariff Of Rs 2.75/KwH

The Gujarat Urja Vikas Nigam Limited (GUVNL) has now awarded a 200 MW solar power project to Avaada Energy, an arm of Avaada Group. The project contract was given at a tariff of Rs 2.75 per Kilo-Watt-Hour (KwH).  GUVNL awarded the project to the renewable energy company through competitive bidding, followed by an e-reverse auction. […]

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IFC To Back 44 MW Solar Plus Storage Malawi Project By Voltalia

The International Finance Corporation (IFC), the private sector body of the World Bank and Voltalia, a renewable energy company have signed an agreement to arrange financing for the Dwanga Renewable Energy project at Malawi, an east African country. This project has two components which comprise 44 Megawatt (MW) of solar and power and 10 MW […]

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Lithuanian firm AEI Raises EUR 92 Million For Renewable Energy Investments

Lithuania based investment company Atsinaujinančios Energetikos Investicijos (AEI) has announced that it has raised EUR 92 million in past two years and the investments will be made in the renewable energy sector. AEI is managed by Lords LB Asset Management. The company has made investments in the development of solar power plants in Poland and […]

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Waiting To Take Off-The PM-KUSUM Story

Satveer Singh is a 51-year-old wheat farmer based at Mohanpura village in the Sri Ganganagar district of Rajasthan. Around a year ago, he enrolled online with the state government under the Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan (PM-KUSUM) scheme. As a result, the solar developers installed a seven-Horse Power (HP) solar irrigation pump […]

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Goldwind Exceeds 100 GW Wind Turbine Installation Worldwide

Chinese wind turbine manufacturer Goldwind has said that it has achieved the key milestone by exceeding 100 GW of global installed capacity recently. The feat is achieved through successful lifting of several wind power projects in Xinjiang, Inner Mongolia, Qinghai, Guangxi, Yunnan, Brazil, the United Arab Emirates, etc. Goldwind claims that it’s the first Chinese […]

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Enfinity Global Agrees with Statkraft for Supply of 34 GWh Clean Energy

US-headquartered renewable energy player Enfinity Global Inc. has announced that it has signed a long-term solar power purchase agreement (PPA) with Statkraft for the supply of green energy from 134-MW solar power projects in Italy. The agreement is aimed at commercialization of 34 GWh/year of clean electricity in Italy that complements the closing of additional […]

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