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Tata Power Receives LoA for 225 MW Hybrid Renewable Energy Project

Tata Power has announced that its wholly-owned subsidiary – Tata Power Green Energy has received an LoA to develop a 225 MW hybrid renewable project. Tata Power, one of India’s largest integrated power companies has announced that its wholly-owned subsidiary – Tata Power Green Energy Limited (TPGEL) has received a Letter of Award (LoA) from […]

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Firms Turning to Renewables to Power Oil & Gas Operations: IHS Markit

A new report has revealed that oil and gas field operations are beginning to be fuelled by a surprising source – renewables. A new report has revealed that oil and gas field operations are beginning to be fuelled by a surprising source – renewables. According to new research by IHS Markit, oil and gas companies […]

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Wells Fargo Inks Deal with Shell, MP2 Energy to Buy Renewable Power

USD 1.98 trillion company Wells Fargo has signed a structured renewable energy (RE) agreement with Shell Energy North America (Shell Energy) and its arm MP2 Energy, to purchase about 1,50,000 MWh of renewable energy every year. The deal will enable the company to use renewable power to meet 100 per cent of its energy consumption […]

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Tata Power Renewable Gets another LoA; to Develop 100 MW Solar Plant in M’rashtra  

Continuing its winning streak, Tata Power Renewable Energy Ltd (TPREL), the renewable arm of utility giant Tata Power, has secured yet another Letter of Award (LoA) within few days for the development of a solar plant. Mumbai-headquartered Tata Power said in a statement on Friday that “it’s wholly-owned subsidiary TPREL has received a Letter of […]

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Tata Power’s Renewable Arm Wins LoA from GUVNL for 120 MW Solar Project in Gujarat

Adding another feather in its cap, Tata Power Renewable Energy Ltd (TPREL), the renewable arm of utility giant Tata Power, has received a Letter of Award (LoA) from Gujarat Urja Vikas Nigam Ltd (GUVNL) to develop 120 MW solar project in Gujarat. Mumbai-headquartered Tata Power said in a statement on Monday that “it’s wholly-owned subsidiary […]

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IRENA Report on Renewable Power Generation Costs in 2019

Renewables are increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by the International Renewable Energy Agency (IRENA) finds. The report, ‘Renewable Power Generation Costs in 2019’, shows that more than half of the renewable capacity added in 2019 achieved lower power costs than the cheapest new coal plants. The report […]

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Tata Power’s Renewable Portfolio Grows 7% to 3,883 MW in Q4 FY20

Utility giant Tata Power on Wednesday reported a 7 percent surge in its renewable energy portfolio, which includes clean and green energy projects, and stood at 3,883 MW from the corresponding quarter in FY19. The country’s one of the largest integrated power company said that it’s renewable energy business capacity crossed 2,637 MW including 932 […]

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GE Renewable Energy Wins Gujarat’s 102.6 MW Wind Project from Powerica

USD 15 billion wind energy giant GE Renewable Energy on Thursday said that it has won the 102.6 MW of wind turbine project in Gujarat from Naresh Oberoi-led Powerica Ltd. As per the deal, GE will supply 38 of its 2.7-132 onshore wind turbines, designed for low wind speed conditions, to be installed at the […]

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Tata Power Posts Financial Results; Boosted by Renewable Business

Tata Power has announced its FY2019-20 financial results, reporting a strong end to the year in the Q4 and strong performance in the renewable business. Tata Power, India’s largest integrated power company, has announced its FY2019-20 financial results. The firm reported a strong end to the year in the fourth quarter with consolidated Profit After […]

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