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Energy Transition

DNV Introduces Wind Control JIP Entailing Major Firms, Wind Farm Owners

Norway-based energy management firm DNV has introduced a Joint Industry Project (JIP). The JIP includes  owners of wind farms, turbine manufacturers and other profesionals from the wind energy sector. It has been formed with a view to augment confidence in wind farm control (WFC) technology, which entails models and procedures needed to control each turbine […]

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Gazelle, WAM Join Hands for Offshore Floating Project in Portugal

Ireland’s firm Gazelle Wind Power has joined hands with developer of renewable energy WAM Horizon. The partnership between the two firms will give an impetus to the establishment of a floating wind pilot, off Portugal. Portugal-based WAM Horizon specialises in offshore wind. A holding firm for WAM Investments, which delves into the development of renewable […]

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Arctech to Supply 365 MW Solar Trackers to Largest Mexican Solar Project

Solar tracking and racking solution provider Arctech has announced that it will provide 365.8 MW SkyLine II solar tracking solution to Puerto Penasco Solar Park in Mexico. Once completed, this project would become the largest solar plant in a single unit in Mexico and 8th in the world, said Arctech. Located in Puerto Penasco in […]

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South Pole And Oorja To Use New D-RECs For India’s Diesel Problem

The D-REC Initiative, a new not-for-profit platform to deliver internationally recognised guarantees of origin from distributed renewable energy, has announced that its new market mechanism and technology has been adopted by farming-as-a-service company, Oorja Development Solutions, and climate advisory and finance business, South Pole, to support last-mile communities in India transition to renewable energy. Approximately […]

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Program Manager (NPI)- EMS & Electrical

The Manager Program Management (NPI)  will be based in Hyderabad. In this position, you will report to the Senior Manager Program management. Responsibilities:- Coordinate the day-to-day activities required to deliver all projects and deliverables on time. Develop the overall prioritization, milestones, deliverables, and success criteria. Coordinate with cross functional teams (i.e. product management, engineering, quality, […]

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Tata Power Solar Systems Bags 300 MW Solar Project for NLCIL for Rs 1,755 crore

Tata Power’s wholly-owned subsidiary, Tata Power Solar Systems Limited, has received the Letter of Award (LoA) of ₹1,755 crore. This is towards the establishment of a 300 MW Domestic Content Requirement (DCR) based EPC project for NLC India Limited (NLCIL), formerly known as Neyveli Lignite Corporation Limited, as part of the CPSU scheme.   Tata Power […]

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ReNew Repays Over $1 Billion to Offshore Bondholders in FY 2023

Gurugram-based clean energy firm ReNew Energy Global Plc has revealed that it has repaid more than $1 billion to its offshore bondholders in FY 2023. The repaid amount entails the most recent amortisation of $180 million in March 2023. “In today’s fast-paced global business environment, firms must be very strategic in financing for the growth […]

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Avendus Capital Places India’s Renewable Investment Opportunity At $25 Billion Per Annum

Avendus Capital, India’s largest Investment Banking franchise, has released a new research report on energy transition and clean energy investment in India, in collaboration with Clean Energy Pipeline, an independent research firm based in the UK. According to the study, the Indian energy transition landscape is expected to undergo a sea change over this decade […]

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Solar PLI Tranche 2 Allocations Released, 48 GW Of Domestic Manufacturing Capacity By 2025-26

The government of India has allocated 39600 MW of domestic Solar PV module manufacturing capacity under PLI (Tranche-II), or the Solar PLI scheme to incentivise domestic manufacturing. The PLI or Performance Linked Incentive scheme offers financial incentives to manufacturers for meeting specific milestones in sales, linked indirectly to capacity creation. The PLI (Tranche-II) is expected […]

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