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India & Sri Lanka Build Momentum Further on Renewable Energy

A  memorandum of understanding (MoU) on renewable energy is in the offing between India and Sri Lanka. The Island nation is striving for the generation of 70 per cent of its electricity requirements from renewable sources by the end of the decade and the agreement will facilitate this goal. As per a member of the […]

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ReNew Repays Over $1 Billion to Offshore Bondholders in FY 2023

Gurugram-based clean energy firm ReNew Energy Global Plc has revealed that it has repaid more than $1 billion to its offshore bondholders in FY 2023. The repaid amount entails the most recent amortisation of $180 million in March 2023. “In today’s fast-paced global business environment, firms must be very strategic in financing for the growth […]

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Avendus Capital Places India’s Renewable Investment Opportunity At $25 Billion Per Annum

Avendus Capital, India’s largest Investment Banking franchise, has released a new research report on energy transition and clean energy investment in India, in collaboration with Clean Energy Pipeline, an independent research firm based in the UK. According to the study, the Indian energy transition landscape is expected to undergo a sea change over this decade […]

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LONGi Steps Up Efforts to Bolster Renewables Biz in Singapore, Indonesia

Global solar module manufacturer LONGi has said that it will be key to facilitate renewable energy cooperation between the South East Asian countries of Singapore and Indonesia. An MoU on renewable energy cooperation has been signed by Luhut Binsar Pandjaitan, Indonesia’s Coordinating Minister for Maritime Affairs and Investment, and Teo Chee Hean, Singapore’s Senior Minister […]

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CREST (Chandigarh) Invites Applications for Free Rooftop Solar Power Unit

The CEO of Chandigarh Renewable Energy, Science & Technology Promotion Society (CREST) Debendra Dalai has said applications are invited for free rooftop solar power unit. The last date is March 31. Rooftop solar power units that are free of cost will be provided on a first come, first served basis. Online forms can be accessed […]

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Tokyo Electric Power Company Holdings to Develop 1.9 GW Offshore Wind in Scotland

Just when many conventional energy and power firms of the world go honking for renewables, Tokyo Electric Power Company Holdings (TEPCO) has announced that it will be developing up to 1.9 GW of floating offshore wind energy in Scotland. TEPCO has secured rights to develop two separate floating offshore wind farms and it intends to […]

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IOC Chairman Presents 500 Solar-Powered Indoor Cooking Systems to Sri Lanka

The Chairman of Indian Oil Corporation Ltd Shrikant Madhav Vaidya had recently paid a visit to Sri Lanka. The Chairman presented 500 indoor solar cooking systems to the island country. The cooking system, named ‘Surya Nutan’, has been developed and designed indigenously by IOCL. It is a patented product. The Indian Oil Corporation presented the […]

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NTPC Invites Bids for Power Evacuation Pkg-I Under Development of 755 MW Solar Park

India’s largest energy conglomerate NTPC has issued a tender for power evacuation package-I under development of 755 MW GVREL Solar Park at Tilaiya and Panchet Reservoir, DVC. The Green Valley Renewable Energy Limited (GVREL) Solar Park is a joint venture between NTPC Renewable Energy Limited and Damodar Valley Corporation. The EMD cost is INR 20000000. […]

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BluEarth Acquires 1 GW Solar & Wind Portfolio from Ozone Renewables in USA

Canadian power producer BluEarth Renewables has announced that it has acquired seven wind and solar development projects in the United States. The total acquired renewable energy capacity is about 1 GW from Connecticut-Based renewable energy giant Ozone Renewables. BluEarth mentioned in its official release that the green energy portfolio is acquired in Washington, Oregon, Ohio, […]

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