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Vestas Completes Acquisition of MHI’s Shares in MHI Vestas Offshore Wind

Vestas and MHI have closed the agreement for Vestas to acquire MHI’s shares in their offshore wind joint venture i.e. MVOW Vestas and Mitsubishi Heavy Industries (MHI) have closed the agreement to expand their partnership in sustainable energy. By closing the agreement, Vestas has acquired MHI’s shares in the MHI Vestas Offshore Wind (MVOW) joint […]

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KPTL Bags Transmission and Distribution Projects With Rs 1300 Cr

KPTL has received orders worth Rs 1,300 crore from India and the overseas market in the power transmission and distribution (T and D) space. Engineering, Procurement and Construction (EPC) company Kalpataru Power Transmission Limited (KPTL) has announced that it has received orders worth Rs 1,300 crore from India and the overseas market in the power transmission and distribution (T […]

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In NTPC’s 30 GW Solar Plan, A Move To Maintain Control Over India’s Solar Targets

NTPC’s ‘audacious’ Rs 2.01/Kwh bid at an auction where Saudi Arabia’s Aljomaih Energy and Water Company and Singapore’s Sembcorp Industries bid at Rs 2 might just signal the next phase of the national power generators biggest shift yet. To Renewable Energy. When NTPC won 470 mw of solar development rights for itself at Rs 2, […]

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Increasing Stakes in Intrastate Transmission Will Drive RE Growth in India: IEEFA

IEEFA recommends increasing competition in the intrastate transmission sector to speed up the deployment of renewable energy in India A new IEEFA report recommends increasing competition in the development of intrastate transmission infrastructure, to speed up the deployment of renewable energy in India. “As the share of increasingly low cost but variable renewable energy grows, development […]

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NTPC Subsidiary Tenders for 3 MW Rooftop Solar Plant at IIT Jodhpur

NTPC Vidyut Vyapar Nigam Limited has issued a tender for the commissioning of a 3 MW rooftop solar power plant at IIT Jodhpur. NTPC Vidyut Vyapar Nigam Limited (NVVN), a wholly-owned subsidiary of NTPC Ltd., has issued a tender, inviting bids from eligible firms for the commissioning of a 3 MW grid-tied rooftop solar power […]

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Unpaid Electric Bills Weakens the Efforts to Improve Access to All

Electric utilities in many developing countries often don’t get fully paid by consumers for the power they supply. A new study by the University of Chicago and partner institutes suggests that this has led to widespread outages and rationing of power. This poor electricity access may be a consequence of society treating electricity as a […]

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Perovskite Tech Company Swift Solar Secures $8 Mn in Series Seed 2 Funding 

Swift Solar has secured more than USD 8 million in Series Seed 2 funding, with an additional USD 1.5 million expected to close soon. Swift Solar, a solar PV technology company working on perovskite technology, has announced that it has secured more than USD 8 million in Series Seed 2 funding, with an additional USD 1.5 million expected to close soon, for a […]

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SECI Disburses Rs 770 Cr in October, Rs 370 Cr for Solar & Wind Power

SECI has published all the payments (solar/ wind power procured, transmission fees, subsidy, and GST rebates) it has made in October 2020. The Solar Energy Energy Corporation of India (SECI), the nodal agency for implementing renewable energy projects in the country recently published a list of all the payments (solar/ wind power procured, transmission fees, […]

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