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MNRE Outlines Calendar For 50 GW RE Tenders

In a measure of intent that is as strong as it can get, the MNRE (Ministry of New and Renewable Energy) has published a full calendar for the financial year FY23-24, outlining the bidding targets for the 4 key central implementing agencies. These include SECI, NTPC, NHPC and SJVN.   Adding up to the announced target […]

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The Top 5: Risks to Renewable Energy from Climate Change

Climate change has already started posing real-world challenges. It is not just affecting adversely the developmental plans but is also disrupting the livelihoods of a considerable section of the human population in the regions prone to climate change disasters such as floods, droughts, sea level rise, etc. Renewable energy (RE) has given a push developmental […]

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ACWA Power Gets $174 Million Loan From ADB For Uzbekistan Wind Projects

Saudi Arabia’s ace renewable energy developer ACWA Power has received $174 million worth of loans from the Asian Development Bank (ADB) to develop the Bash wind power and Dzhankeldy wind power plants – both located in the Bukhara region in Uzbekistan. As per ABD, the ACWA Power financing comprises loans amounting to $40.5 million for […]

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India’s TCIL Issues Tender For 25MWp AC Grid-Interactive Solar Plant In Mauritius

The Telecommunications Consultants India Litd (TCIL), an enterprise under the Department of Telecommunication, has now sought bids from solar developers for a 25 Megawatt (MW) grid-interactive solar plant at Mauritius.  According to the tender details, TCIL has planned the solar plant in an area of 57 acres. TCIL has been a presence in Mauritius since […]

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Uneecops Technologies Set to Establish First Green Hydrogen Microgrid of 25Kw in Leh

Delhi-based green hydrogen and solar developer firm, Uneecops Technologies Ltd is set to establish the first green hydrogen microgrid project in the Leh region for a hydropower firm based in India. Uneecops will aid in the engineering, procurement & construction (EPC) for setting up a green hydrogen-based fuel cell microgrid of 25kW for the hydro-power […]

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This Tribal Hamlet In Kerala Gets Electricity After 74 Years from Micro-Hybrids

For 75 years, a hamlet in Attapaddi, Kerala was shrouded in the dark, deprived of the basic human need- electricity. Forest fires, wild animal attacks and remoteness were some of the factors that prevented the establishment of renewable energy projects here. The tribal population, which dominates the hamlet, had been extremely possessive of its culture […]

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Ocean Winds Secures £2 Billion Finance For Moray West Wind Farm

Ocean Winds has announced that its Moray West Offshore Wind Farm that is part of its portfolio of UK, has secured £2 billion of non-recourse project finance and reached financial close. The key sponsorship has come from Ocean Winds and Ignitis Group, as minority shareholder. The company is a joint venture between EDP Renewables and […]

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Govt Orders Implementing Scheme On Pooled Tariff Of Older Power Plants From July 1 

The Ministry of Power, in its latest notification, has asked all states and other concerned institutions to take necessary actions to implement the proposed scheme of pooling tariffs of older thermal power plants whose Power Purchase Agreements (PPAs) have expired.  The scheme aims to use the power generation capacity of thermal power plants older than 25 […]

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Sterling & Wilson Renewable Reports Rs 421 Cr Loss in March Qtr

Renewable engineering, procurement and construction (EPC) solutions provider Sterling and Wilson Renewable Energy has released its financial results for the quarter ended March.  The company clearly continues to ‘clean up’ after Reliance joined as a promoter group, with  consolidated revenue having dipped 92% Y-O-Y, pegged at Rs 421.11 cr. The firm has exited businesses, contracts […]

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