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Fitch Ratings Assigns BB(EXP) Rating to ReNew’s USD Notes

Fitch Ratings has assigned an expected rating of ‘BB (EXP)’ to the proposed US dollar fundraising of ReNew RG II. Fitch Ratings has assigned an expected rating of ‘BB (EXP)’ to the proposed US dollar fundraising of ReNew RG II, which is a restricted group of subsidiaries owned by ReNew Power Ltd.  “The rating of the proposed notes reflects […]

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TATA Power-DDL Distributes One Millionth LED Product

The initiative results in savings of 30 Million Units and a reduction in CO2 emission by 9856 Metric Tons on an annual basis.   TATA Power Delhi Distribution Limited (Tata Power-DDL), India’s leading power distribution company, has attained a major milestone by distributing one millionth LED product to its customer at its customer care center, Civil Lines, Delhi. […]

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NOVEC Signs 300 MW Agreement to Bring Low Cost Solar Power to Virginia

The solar facilities involved in the agreement are expected to produce enough electricity to power nearly 73,000 homes, or the equivalent of taking nearly 37,000 passenger vehicles off the road. Northern Virginia Electric Cooperative (NOVEC), the 11th largest electric cooperative in the U.S. and D. E. Shaw Renewable Investments (DESRI) have reached an agreement for […]

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China Plans to Launch a Space-Based Solar Power Station by 2025

According to China’s Science and Technology Daily, the country’s researchers are working on a solar power station they will send to outer space. China’s Academy of Space Technology is working on an orbital power plant that would capture solar energy in space and beam it back to Earth. The scientists in Chongqing, China have plans […]

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Tender For 6.8 MW Wind Power Plant Issued in Daman & Diu

The last date of bid submissions is April 22, 2019, the technical bods opening will take place on April 23, 2019, and price bid opening on April 30, 2019. The electricity department of Daman on behalf of the President of India has invited tenders from reputed manufacturers/EPC contractors for setting up of 6.8 MW of […]

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Implementation of 1000 MW Solar Power Projects With VGF

The detailed tender document is under preparation and shall be available for download from February 28, 2019. The Solar Energy Corporation of India (SECI) has issued a notice with reference to the NIT regarding the Tender for Implementation of 1000MW Grid Connected Solar PV Power Projects by the Government Producers with Viability Gap Funding (VGF) Support for Self-Use […]

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SECI Floats Tender For 1200 MW Wind Power Projects Tranche-VII

The detailed RfS Document shall be available for download by February 22, 2019. The Solar Energy Corporation of India (SECI) has issued tender inviting bids for setting up of 1200 MW ISTS Connected Wind Power Projects (Tranche-VII) on a pan India basis.  The detailed Request for Selection (RfS) Document shall be available for downloading by February 22, […]

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Tata Power Solar’s Residential Rooftop Solution Now in Hyderabad

Tata Power Solar has launched a residential rooftop solution in Hyderabad after a successful debut in Delhi, Mumbai, Ajmer, Bhubaneswar and Gandhinagar. Tata Power Solar Systems Limited, India’s largest solar energy company, has launched a complete residential rooftop solution in Hyderabad. The residential rooftop solutions are expected to save up to Rs 50,000 annually for […]

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The Home Depot Expands Renewable Energy Initiatives

The company will purchase enough wind energy from the Pretty Prairie Wind Project in Kansas to power about 40 stores for a year. CDP, an environmental impact non-profit, has named The Home Depot to its Climate Change “A” list for cutting carbon emissions and alleviating climate risks. In this year’s CDP report, The Home Depot […]

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