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American DISCOM AEP to Sell Over 1.3 GW of Renewable Portfolio

Just as America is expanding the renewable power to spearhead the global drive to combat climate change, Columbus based American Electric Power (AEP) has entered into an agreement to sell its 1,365-megawatt (MW) unregulated, contracted renewables portfolio to IRG Acquisition Holdings at an enterprise value of $1.5 billion including project debt. IRG Acquisition Holdings is […]

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Sri Lanka Investment Board Greenlights $442-mn Adani Green Wind Power Plants

The Board of Investment of Sri Lanka has given its nod to two wind power plants by AGEL (Adani Green Energy Ltd). These entail a cumulative investment of $442 million. As per the statement, the wind power plants that boast of 350 MW of capacity are scheduled for commissioning in two years. They will be […]

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Panchkula Village, Govt Buildings to Get Solar Power Plants

Panchkula in Haryana is moving towards fulfilling its plan of the making city completely solar powered in coming years. The administration has  plans to set up a 2 MW solar power plant on seven acres of land at Naggal village in Barwala. The plant will generate 8,000 units of electricity every day, which will be given […]

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The 5 Questions 2023 Could Answer for Renewable Energy in India

India has over 174 GW of installed renewable capacity, including large hydropower at the conclusion of December 31, 2022. Solar power constituted the largest share of about 64 GW of the total. Wind power (41.9 GW), large hydro (46.85 GW), biomass/co-generation (10.2 GW), small hydro power (4.93 GW), and waste to energy with 0.52 GW […]

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Osmania University Mulls 1 MW Solar Power at Campus

The renewable energy in Telangana continues to have a solid run. In a new development, the Osmania University (OU) is mulling to set up a solar power plant in its campus that will allow it to meet the power requirements. According to reports, the Osmania University will install solar power panels that will produce about […]

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ReNew Q3 FY23 Results- Net Loss Shrinks 36%, Revenues Up 19%

ReNew Energy Global Plc , which now terms itself a global decarbonisation solutions company, announced its consolidated results for Q3 FY23 and nine months ended December 31, 2022 last week. Operating Highlights: As of December 31, 2022, the Company’s portfolio consisted of 13.4 GWs, a 30.2% increase year on year, of which 7.8 GWs are […]

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MSEDCL RFS For 200 MW Wind Power From Intra State Projects

The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has issued a tender for the procurement of 200 MW of wind power through a competitive bidding process followed by e-reverse auction from intra state wind power projects. The state discom has placed a ceiling tariff of Rs 2.65/kWh for the bids. Bidders will have to provide […]

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India Will Blacklist Renewable Energy Companies for Missing Deadlines

The Union Ministry of New and Renewable Energy (MNRE) has issued an order which says that renewable energy firms could be blacklisted in case they fail to meet deadlines to complete renewable energy projects. The order states that the blacklisting will be for a period of three to five years. India has introduced blacklisting of […]

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EDF Renewables Acquires 10 GW Floating Offshore Wind Farm in Australia

A wholly-owned subsidiary of French utility EDF Group, EDF Renewables in Australia has announced the acquisition of the 10 GW Newcastle floating offshore wind farm located in Australia. The project, which is currently in the works in proximity to the Port of Newcastle and energy transmission networks, is slated for the Hunter‐Central Coast Renewable Energy […]

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