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MSEDCL Gets Nod For Long-Term Solar Power Procurement At Rs 2.90/unit  

The Maharashtra Electricity Regulatory Commission (MERC), in its latest judgment, allowed the Maharashtra State Electricity Distribution Company (MSEDCL) to procure solar energy from the state’s 500 Megawatt (MW) grid-connected intra-state solar projects (Phase-IX) at the rate of Rs 2.90 per kilowatt. The decision came after the discom moved the Commission seeking their approval. The discom, earlier […]

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Savannah Energy To Build 200 MW Solar Power Projects in Niger

A move that is expected to speed up the expansion of renewable energy in Niger, Savannah Energy PLC, a British independent energy company, signed a Memorandum of Agreement (MoU) with the Niger government for the development of two solar power plants.  The cumulative capacity of these two projects stands at 200 Megawatt (MW). Savannah Energy Niger […]

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Verizon Materialises $1 Billion Bond For Renewable Energy Projects

Telecom major Verizon Communications has announced to have settled its fifth green bond offering of $1 billion. The New York headquartered firm said that the net proceeds of the funds are expected to be allocated entirely toward renewable energy investments. The objective to invest in renewables is to accelerate the transition towards green electrical grids […]

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Solis Launches New Advanced Power Hybrid Inverter ‘S6’

Chinese solar and energy storage solutions major Solis recently launched its latest advanced power hybrid inverter, ‘S6’. The company said that these inverters could work well with both lead acid batteries and lithium-ion batteries.  Solis said that the S6 inverters allow automatic switching of UPS and up to 10 seconds of 200 percent surge of […]

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Azure Power Onboards Shelly Mani Panattu as Project Director

Independent Power Producer Azure Power has appointed Shelly Mani Panattu as the new Project Director. Panattu has more than 29 years of experience in project execution, construction, operations, change management, stake holder management. His global experience entails power transmission, distribution and renewable energy sectors. Shelly holds a degree in Electrical Engineering from National Institute of […]

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NHPC Solicits Bids for EPC of 75 MW Solar Power Project with O&M

National Hydroelectric Power Corporation has issued a tender for EPC contract for the development of 75 MW capacity ISTS connected solar power project anywhere in India for sale of energy through Power Exchange along with comprehensive O and M of 05 years. The cost of bid document is Rs.10,000. The bid security amount is Rs. […]

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Actis Launches $500 Million Renewables Platform In Japan

Global investor in sustainable infrastructure – Actis – has launched a new $500 million renewables platform called Nozomi Energy which will be Japan-focused. Nozomi will target 1.1GW of onshore wind and solar power generation by 2027. The investment is made from fifth and latest energy infrastructure fund of Actis, which represents $6 billion of investable […]

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