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GE Renewable Energy

Electronica Finance Limited Signs US$15 Mn Deal with ResponsAbility Investments AG

Electronica Finance Limited (EFL), a Pune-based Non-Banking Financial Company (NBFC) specialising in financing MSMEs with a focus on financial inclusion and energy efficient machine financing, has signed a US$15 million deal from Global Climate Partnership Fund (GCPF), managed by responsAbility Investments AG. The finance provided under the deal will be for six years and the […]

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Spain’s Acciona to Establish New Wind Farm of 330 MW Capacity in Victoria

Spanish firm that delves into the development and management of infrastructure and renewable energy Acciona Energia has set sights on setting up a new 330 MW wind farm, which will come up in regional Nyaninuk, Victoria. The proposal looks at constructing 58 wind turbines. These would generate 330 MW of renewable energy in regions of […]

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Jharkhand Seeks Empanelment of Solar Hot Water System Providers

Jharkhand Seeks Empanelment of Solar Hot Water System Providers  The Jharkhand Renewable Energy Development Agency (JREDA) has sought bids from prospective developers for solar hot water systems. The tender said that the bidders would also have to take care of the maintenance of the systems for the first five years post-commissioning. The tender document sought bids for […]

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What’s Wrong With Mexico’s Solar Plans?

Mexico, situated in one of the sunniest parts of the world with a strong manufacturing base and growing energy demand should have been among the leaders in the transition to renewable energy. However, the country has underperformed massively, perhaps even flowing under the radar of more intense global attention, as it pays lip service to […]

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Waaree Energies Raises INR 1000 Crore in Second Round of Funding Led by ValueQuest

Waaree Energies Limited (WEL), India’s largest solar module maker right now, has successfully raised a round of equity funding, amounting to approximately INR 1000 crore. The investment round was led by ValueQuest, an investment focused on sustainable and progressive ventures. Waaree Energies Ltd. had earlier raised a primary round of ~INR 1040 crore from a […]

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India’s Installed Power Capacity Twice Its Peak Demand: Singh

Union Power Minister RK Singh said today that India’s total installed electricity generation capacity is now almost double its peak demand. He also boasted that due to the transformation of the Indian power sector, the export of power to neighboring countries became a reality.  The minister said, “Today, India has an installed capacity of 421,000 […]

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Jharkhand Releases Tender For O&M of 212 Mini-Grids

The Jharkhand Renewable Energy Development Agency (JREDA) has now issued tenders to outsource the Comprehensive Maintenance Contract & Operation (CMCO) of 212 solar mini-grids/microgrids installed in seven districts of the state. The state nodal agency has asked the prospective bidders to submit their bids by the end of August 22. JREDA will open the technical bids […]

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