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SECI Extends Bid Deadline for 4 MW Floating Solar Plus BESS Tender. Again.

SECI has extended the bid submission deadline for its 4 MW floating solar plus 2 MW/01 MWh BESS tender at the Andaman and Nicobar Islands for a third time The Solar Energy Corporation of India (SECI) has issued a notification, extending the bid submission deadline for its 4 MW floating solar power plant with 2 […]

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Sterlite Power Completes Sale of Novo Estado Project to ENGIE’s Brazilian Arm

One of the leading global developers in the power transmission space Sterlite Power has successfully completed the sale of its Novo Estado project in Brazil to French multinational electric utility company ENGIE’s arm in Brazil. The Vedanta Group company, Sterlite Power, has informed that, the sale process of Sterlite Novo Estado Energia S.A. (Novo Estado) […]

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Tender for Solarization of Agricultural Pumps Under KUSUM Scheme in Kerala

ANERT has issued a tender for the solarization of grid-connected agricultural pumps of cumulative capacity of 300 HP under the PM-KUSUM scheme in Kerala. The Agency for New and Renewable Energy Research and Technology (ANERT) has issued a tender for the rate contract for the solarization of grid-connected agricultural pumps of cumulative capacity of 300 […]

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TenneT Secures EUR 250 Mn Loan for Offshore Wind Transmission Link

TenneT has secured EUR 250 million loan to enable the transmission of rapidly growing amounts of offshore wind energy to users in the Netherlands and beyond The European Investment Bank (EIB) has signed a EUR 250 million loan agreement with TenneT Holding. The financing will be used for the western section of TenneT’s “Zuidwest 380 […]

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ITI Limited Tenders for Procurement of Solar Power Under Open Access Model

ITI Limited has issued a tender to procure solar power for one of its premises in Bengaluru through a long term PPA under the 3rd party Open Access model. ITI Limited, India’s first PSU, plans to enhance the use of renewable energy in its Data centre facility to bring it under the “Green Data Centre” […]

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Rs 22,000 per kW Solar Rooftop in Punjab. Reality Bites

Rs 22,200 per kW. Yes, that was the final rate arrived at after a call for grid-connected solar rooftop bidding from vendors looking to get empaneled with the Punjab State Power Corporation Limited (PSPCL). This was after the  L1 rate of Rs 37,000 received  for 1 kWp – 10 kW category. After the 40 percent […]

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India-EU Partnership on Energy Research in RE and Smart Grids

India-EU Flagship Call for cooperation in energy research and innovation, mainly in renewable energy and its integration in the energy system. India-European Union (EU) Flagship Call on Integrated Local Energy Systems was announced at India Smart Utility Week 2020. This partnership between Indian and the EU will help in Clean Energy and Climate and this […]

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Ratings for Solar to Remain Stable, Wind Revised to Negative: India Ratings

India Ratings has maintained a stable outlook for solar power projects for FY21 while revising the outlook on the wind sector to negative from stable. India Ratings and Research (Ind-Ra) has maintained a stable outlook on the overall energy and infrastructure sector, including solar power projects for FY21 while revising the outlook on the wind […]

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Financing Global Energy Transformation Through Green Bonds: IRENA

IRENA has highlighted green bonds as an innovative instrument that can help channel substantial global capital into renewable energy and other green assets. Despite the positive renewable energy investment trends over the past decade, annual investments in renewable energy power alone need to double until 2050 to meet climate goals. To allocate enough capital to […]

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