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Mahindra Renewables Sells its 3 Arms to CLP India for About Rs 340 Cr

India’s leading car maker Mahindra & Mahindra said that its wholly-owned renewables subsidiary, Mahindra Renewables, has sold its entire stake in three subsidiaries for about Rs 340 crore to CLP India, an arm of Hong Kong-based CLP Group. CLP India has entered into a share purchase agreement to buy 100 percent shareholding each in Cleansolar Renewable […]

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EDP Renewables Posts 52% Rise in net Profit to Reach EUR 475 Mn

EDP Renewables has announced its full-year results for 2019, posting total revenues of EUR 1,824 million and Net Profit amounting to EUR 475 million. EDP Renewables (EDPR), a global leader in the renewable energy sector and one of the largest wind energy producers in the world with a presence in 14 countries, has announced its […]

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NextEra Energy Sells $2.5 Bn in Equity Units to JP Morgan, Wells Fargo and BofA

NextEra Energy has announced that it has agreed to sell USD 2.5 billion of equity units to JP Morgan, Wells Fargo Securities, and BofA Securities. NextEra Energy, Inc has announced that it has agreed to sell USD 2.5 billion of equity units to J.P. Morgan, Wells Fargo Securities, and BofA Securities. The transaction is expected to close on February 21, […]

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India Installed 2.3 GW of new Solar Capacity in the Last Quarter of 2019

India installed 2,308 MW (2.3 GW) of solar capacity and 817 MW wind projects in Q4 of 2019, according to a new report India installed 2,308 MW (2.3 GW) of solar capacity and 817 MW wind projects in the fourth quarter (Q4) of 2019, according to a new report. The report published by research firm JMK […]

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 Behind TW Solar’s Tongwei Speed

Tongwei Solar  or TW Solar, as it is known in the industry, is probably not a name that comes up readily among a roll call of market leaders from China, especially for readers in India. But readers are missing something big here. The Size That Matters TW Solar is the world’s largest solar cell manufacturer […]

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Energy Efficiency and RE Drove Decade of US Energy Transition: BNEF

The US overhauled how it produces, delivers, and consumes energy over a momentous decade of change, according to a new report. The US overhauled how it produces, delivers, and consumes energy over a momentous decade of change, according to a new report from BloombergNEF (BNEF) and the Business Council for Sustainable Energy (BCSE). In the […]

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NTPC Tenders for 1200 MW ISTS-Connected Solar Projects in India

NTPC Ltd has invited online bids for the selection of solar power developers for setting up 1200 MW solar PV power projects anywhere in India. NTPC Ltd has invited online bids from eligible bidders for the selection of solar power developers for setting up 1200 MW ISTS-Connected solar PV power projects anywhere in India. The last date for submission of bids is March 19, 2020, and the techno-commercial bids […]

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BSNL Tenders for 2.5 MW Rooftop Solar Systems in Maharashtra

BSNL has tendered for the implementation of 2.5 MW rooftop solar power systems at its buildings in different zones of Maharashtra under the RESCO model. Bharat Sanchar Nigam Limited (BSNL) has issued a tender, inviting bids from eligible firms for implementation of 2.5 MW grid-connected rooftop solar power systems at BSNL Buildings in different zones […]

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New Breakthrough Capacitor With Fast Charging and Longer Battery Life

A new bendable super capacitor made from graphene, which charges quickly & safely stores a record-high level of energy for use over a long period, has been developed A new bendable super capacitor made from graphene, which charges quickly and safely stores a record-high level of energy for use over a long period, has been […]

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