SUBSCRIBE NEWS LETTER

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Renewable Energy Projects Accounted for 80% of all Energy Financing in 2018

A new report has revealed that renewable energy projects took up a vast majority, nearly 80 percent, of the total energy financing in 2018 A new report has revealed that renewable energy projects took up a vast majority, nearly 80 percent, of the total energy financing in India last year, while financing for coal-fired power […]

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Ireland’s RE Expansion Expected to Bring in Massive Investments by 2030

Ireland is expected to attract massive investment as the country is set to add 5.8 GW of renewable power capacity over the next decade Ireland is expected to attract massive investment as the country is set to add 5.8 gigawatt (GW) of non-hydro renewable power capacity over the next decade to reach a total 9.6 […]

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Innergex Nears Completion of 600 MW Worth of RE Projects in Texas

Innergex has announced that its two renewable energy projects worth 600 MW in the state of Texas will be in commercial operation by the end of the year. Canadian renewable energy solutions firm, Innergex Renewable Energy has announced that its two renewable energy projects worth 600 MW in the state of Texas are nearing completion and expects both […]

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CARE Downgrades Outlook of 11 Telangana Solar Firms

After CRISIL, Indian ratings agency CARE has downgraded the outlook of 11 solar companies in the wake of AP order to review PPAs. Care Ratings has revised its outlook to negative on the borrowing programs of 11 solar power producers. The agency did so due to delayed payment to the solar firms by distribution companies in Telangana […]

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Portugal Awards World’s Lowest Cost Solar Contract

Portugal has for now become the country with the world’s lowest-cost solar PV contract. After it offered contracts worth just €14.76/MWh Portugal has for now become the country with the world’s lowest-cost solar PV contract. After the European nation offered the lowest ever contracts worth just €14.76 per Megawatt Hour (MWh), or $16.54 per MWh in the […]

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IL&FS Proposes to NCLT Sale of Wind Assets to Orix

ILFS group has proposed to NCLT the sale of its wind energy assets to Japan’s Orix Corporation, reducing the debt of the company by Rs 4,800 crore. Embattled IL&FS group has proposed to the National Company Law Tribunal (NCLT) the sale of its wind energy business to Japan’s Orix Corporation which will help reduce the debt of the company by […]

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Akuo Energy Wins 370 MW Solar Capacity in Latest Portugal Auction

Akuo Energy has been awarded 370 MW project capacity under the latest 1,400 MW solar energy auction call, for the tender organised by Portugal Akuo Energy, one of the leading French renewable energy independent power producer and developer, has been awarded 370 MW project capacity under the latest 1,400 MW solar PV energy auction call […]

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ONGC Tenders for 2 MW Floating Solar in Mangalore

ONGC has invited bids for the deployment of 2 MW floating solar project on the water reservoirs inside ONGC Mangalore Petrochemicals Limited (OMPL) complex. Oil and Natural Gas Corporation Ltd (ONGC) India’s most valuable public sector enterprise has issued a tender, inviting bids from eligible bidders for the deployment of a 2 MW grid-interactive floating […]

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India Should Focus on Full Value Chain of Solar Manufacturing: TERI

If India is to achieve its solar energy target of 100 GW by 2022, it should take up the full value chain of solar manufacturing, a new report has revealed. A new report has highlighted that if India is to achieve its solar energy target of 100 GW by 2022, it should take up the […]

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