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EIB Backing of €400 million For Green Renewable Energy Developer

Greek renewable energy developer Mytilineos has secured backing from the European Investment Bank (EIB) for €400 million (US$437 million) to support its solar and battery storage development plans. Mytilineos has a broader plan for the development of 2.6GW of solar PV and storage assets across the EU through 2027. The total sum of the investment […]

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Chandigarh Open Access Consumers May Get Green Power @Rs 6.75/unit

The Joint Electricity Regulatory Commission (JERC) for the state of Goa and Union Territories has now come up with a draft discussion paper to compute the green energy open access tariff in Chandigarh. This comes after the Union government issued a notification last year allowing green energy through open access to consumers even with less […]

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Top 12 Trends Of 2023 That Created Ripples In Indian Renewable Sector

For India, forming a backdrop to the whole year was the softening in global module prices, continuation of ALMM exemptions, and of course, the noise around carbon credits and green hydrogen. Which events actually made an impact? Which ones stood out and are most likely to make a real impact, and soon? We present below […]

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Head/Senior Analyst- Power Market Modelling

There are two distinct roles in this team. One is the team lead as Head and the other role is in the same team, reporting to the Head. As Head, you will report directly to the VP – Statkraft Markets in India and will be responsible for a team of 2-3 motivated members. With your […]

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Waaree Renewable Collaborates With 5B Industries To Boost Utility-Scale PV Projects

Indian Solar EPC company--Waaree Renewable Technologies Limited announced a Long Form Heads of Agreement (LFHOA) with 5B Industries PTY LTD, an innovative solar solution company to accelerate the deployment of utility-grade solar power locally in India as well as in international markets with a US-compliant supply chain.  The collaboration is likely to open avenues for […]

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Suzlon Handed Over 100.8 MW Wind Power Project in Karnataka

Indian wind energy firm Suzlon Group has announced a new order win for the development of a 100.8 MW wind power project for the Indian subsidiary of a Nordic energy firm. Suzlon will install 32 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3.15 MW each. The […]

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Solalite Power & ACME Take Home Highest Capacity in NTPC 1500 MW Wind-Solar Tender

NTPC Ltd. has recently finalized a highly competitive bidding process for wind-solar hybrid power procurement in Tranche-1 (ISTS), open for development anywhere in the country. The tender, boasting a capacity of 1,500 MW, culminated in a reverse auction held on December 27, 2023. The initial L1 tariff was set low at INR 3.35 per kilowatt-hour […]

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Sterlite Power Acquires Neemrana II Kotputli Transmission Limited from PFC

Sterlite Power, a power transmission developer and solutions provider in India and Brazil, has announced the acquisition of Neemrana II Kotputli Transmission Limited, a Special Purpose Vehicle (SPV) from PFC Consulting Limited (PFCCL). PFCCL is a wholly owned subsidiary of Power Finance Corporation Limited (PFC), a Maharatna Public Sector Enterprise. The project was awarded to […]

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2023 Proved Brightest For Wind Power Generation In India: Govt

Union Minister R.K Singh in a written reply before the parliament shared data on the contribution of wind energy in the total energy mix in the last three years. The data revealed an incremental growth in the wind generation capacity to the overall renewable energy. The data said that 2023 proved fruitful for the wind […]

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