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GE Renewable Energy

Bangladesh Invites Bids for 68 MW Solar Project in Sirajganj Region

The Bangladesh-China Renewable Energy Company (BCRECL) has invited bids for the engineering, procurement, and construction (EPC) of a 68 MW solar energy project on a turnkey basis in Sirajganj, Bangladesh, including the construction of a 15 km 132 kV double circuit transmission line with a substation bay. BCRECL is a joint venture between the North-West […]

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SJVN Wins Bihar’s 200 MW Solar Project Auction Worth Rs. 1,000 Crore

A joint venture of Govt. of India & Govt. of Himachal Pradesh, SJVN on Saturday announced winning the auction for 200 MW of Grid-Connected Solar Project of Rs, 1,000 crores in Bihar. According to SJCN’s Chairman Mr. Nand Lal Sharma, SJVN Ltd got the project through Open Competitive Tariff Bidding Process for quoted capacity of […]

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ACWA Power Achieves Financial Close for 1500 MW Sudair Solar Plant

ACWA Power, based in Saudi Arabia, has announced the financial close for the 1500 MW Sudair Solar plant, a key project under the Public Investment Fund (PIF) renewable energy program in the country. The program aims to support Saudi Arabia’s ongoing energy transition and diversification, and to deliver 70% of the country’s renewable energy under […]

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Sterling and Wilson Solar Q1 Results. Underwhelming

Sterling and Wilson Solar Limited (SWSL) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR), one of the leading solar EPC and O&M solutions provider, announced its unaudited financial results for the quarter ended 30th June 2021. The Company’s consolidated revenue from operations for Q1FY22 stood at Rs. 1,195 crore and adjusted gross margins stood at Rs 28 […]

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PM’s I Day Speech-Is India Hurting Itself By Thinking Too Far Ahead?

Prime Minister Narendra Modi, who has a somewhat well earned reputation for making momentous announcements on days when he is the focus of attention, did not disappoint when it came to his Independence day speech. Calling for the country to be free of energy imports by 2047, he went on to announce a National Hydrogen […]

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TPREL Commissions 100 MW Solar Project At Raghanesda, Gujarat

Tata Power Renewable Energy Limited (TPREL), a wholly owned subsidiary of Tata Power has successfully commissioned 100 MW Solar Power project at Raghanesda Solar Park, Gujarat. This project is another landmark for TPREL, as in the first year of its operation, the 100MW plant is expected to generate 255 million units. Raghanesda Solar Park, located […]

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APTEL Swayed By Solar Developer’s Appeal Of Financial Distress

The Appellate Tribunal for Electricity (APTEL) has issued a new order in favour of Sahasradhara Energy Private Limited, allowing the interim financial relief sought by the developer that the Uttar Pradesh New and Renewable Energy Development Agency (UPNREDA), Uttar Pradesh Electricity Regulatory Commission (UPERC), and Uttar Pradesh Power Corporation Ltd (UPPCL) had aggressively opposed. In 2015, […]

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Appliance Maker Stovekraft Is Greener With Solar Power Now

Bangalore-headquartered manufacturer of cooking appliances, Stovekraft Ltd., has announced on Thursday to produce clean energy and cutting down its carbon footprints. The firm has gone green by installing a solar rooftop PV system with higher efficiency mono PERC 535/540Wp PV Module at its Bangalore factory. The factory is spread across 16 acres and has more […]

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Azure Power Secures Green Bond of US$41.4 Million At Lowest Coupon of 3.575%

Indian independent power producer (IPP), Azure Power Global Limited announced the issuance of a dollar green bond of US$414,000,000, through its wholly-owned subsidiary, Azure Power Energy Ltd. The Bond, maturing in 2026, will be issued at a coupon of 3.575%, i.e., the lowest ever coupon in the high-yield segment for any business out of India […]

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