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India’s Green Bond Market at Just 3.8 % of Overall Domestic Corporate Bond Market

The green bond market in the country accounts for only 3.8 % of all outstanding corporate bonds exceeding USD 500 billion, say market reports. As per media reports, Fitch Ratings said that as of January 2023, GSSS (Green, Social, Sustainability and Sustainability-linked Debt) bonds accounted for USD 20 billion or 3.8 % of the country’s […]

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HPCL Requests EoI For Acquiring Green Energy Assets with Minimum 50 MW Capacity

State owned Hindustan Petroleum Corporation Limited (HPCL) is exploring acquisition opportunities in Renewable Energy – Solar / Wind and Hybrid assets with or without storage with expected asset Capacity of minimum 50 MW. The PSU is aiming to augment its renewable business through the intended acquisition. As per the notification, in case a seller is […]

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Howrah Electrical Div of Eastern Railway Issues Tender for 2.2 MW On-Grid Solar Rooftop

The Howrah Electrical Division of Eastern Railway has issued a tender for the installation of 2.2 MWp on-grid (without battery backup) solar rooftop/ shed-top plant over Howrah division. The tender closes on 06/03/2023 at 15:00 PM. The bidding start date is 20/02/2023. The tender is for design and supply of on-grid connected solar Photo Voltaic […]

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Morocco Eyes 1.6 GW Renewables with $1.95 Billion Investment in Disputed Western Sahara Area

Morocco is emerging as the top performer when it comes to the adoption of renewables and minimizing the use of fossil fuels to generate power. In a new development, Morocco has launched a new project for renewable energy development in Western Sahara region with a massive investment of 20 billion dirhams ($1.95 billion). The announcement was made […]

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France Pushes Rooftop Solar With Mandate for Solar Parking Lots

A parliamentary legislation for France that is as interesting as it is environment-friendly, seeks to mandate the installation of solar panels on car parks. This is mandatory for areas stretching over 1,500 square meters. Soon, it should be common to spot solar panels along the country’s large parking lots. Parking lots in fact, offer one […]

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SJVN Mulls Building 700 MW Solar Power Plant in Kanpur

State-owned Satluj Jal Vidyut Nigam (SJVN) is mulling over the development of a 700 MW solar power project in Uttar Pradesh’s Kanpur town. According to reports, SJVN has inked a new Memorandum of Understanding (MoU) with the Uttar Pradesh State Industrial Development Authority (UPSIDA) where it will be investing approximately Rs 3400 crore in the […]

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Chemical Czar LyondellBasell Signs PPAs for 560 MW Renewable Energy

Global chemical conglomerate LyondellBasell has announced that it has signed the first two European renewable electricity power purchase agreements (PPAs) and two additional PPAs in the United States to help decarbonize its operations. The combined additional contracts represent a total of approximately 560 MW of renewable energy capacity. As per the official statement, LyondellBasell has […]

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