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Australia Could Meet Its Paris Agreement Targets 5 Years In Advance : ANU

Australian National University has found that Australia is installing renewable energy faster than any other country, helping it to meet its entire Paris Agreement emissions reduction targets five years early. According to new research conducted by the Australian National University, the pipeline for new wind and solar photovoltaic (PV) electricity systems in the country is about […]

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IREDA IPO Expected By September

IREDA will issue fresh 13.90 crore shares, increasing the paid-up share capital of the company from Rs 784 crore to Rs 923 crore. The initial public offer (IPO) of state-owned Indian Renewable Energy Development Agency (IREDA) will be launched before September 2019, a top official has confirmed.  “We can raise up to 15 percent of our equity. […]

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EIB Approves Euro 1670 Million Fund For Strengthening Sustainable Transport and Clean Energy Investments

The investments in renewable energy initiatives are a part of the bank’s programme that saw EUR 4.8 billion of new financing. The European Investment Bank (EIB) has approved a total of EUR 1670 Million for strengthening sustainable transport and supporting the development of renewable energy in Europe, Africa, and Asia. The EIB-backed financing will support […]

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Tender For 2 MW Canal-Top Solar Project Issued in Jharkhand

The project is to be developed at the Sikidiri Canal located near the Sikidiri Village and the last date of bid submissions is February 11, 2019. The Jharkhand Renewable Energy Development Agency (JREDA) has issued tender seeking bids from eligible EPC firms to set up a 2 MW grid-connected canal-top solar project in Ranchi. The […]

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Nine Developers Pitch In For SECI’s 1.2 GW ISTS Wind Tender

SECI’s Tranche 6 Wind Energy Tender, for 1.2 GW, saw a return to happy days again, as a total of nine developers made bids totaling 2325 MW for the 1200 MW tender. Softbank promoted SB Energy made the biggest bid for 600 MW, followed by  ReNew Power, EDF, and ENEL who bid for 300 MW […]

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Indian Wind Power Sector to Benefit From US-China Tariff Scuffle : Wood Mackenzie

The assumption comes from a new report released by global research and consultancy firm Wood Mackenzie. India’s wind energy sector could benefit in the form of new investments as the ongoing tariff scuffle between US and China continues to escalate. The assumption comes from a new report released by global research and consultancy firm Wood […]

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SECI and Govt of Puducherry Sign PSA For 100 MW Wind Power

SECI announce an agreement with the Electricity Department of Puducherry for sourcing 100 MW of wind power. The Electricity Department of the Government of Puducherry has signed an agreement with the Solar Energy Corporation of India (SECI) to source 100 MW of Wind Power. The new agreement will be slotted under the Union Territory’s Renewable […]

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Haryana Issues Tender For 10 MW Floating Solar PV Plant

The floating plant will be set up at a raw water reservoir at the Rajiv Gandhi Thermal Power Plant in Khedar, Hisar. The Haryana Power Generation Corporation Limited (HPGCL) has floated a tender for developing a 10 MW floating solar PV power plant in the state. The HPGCL will provide the site for free and […]

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Nike Signs First Wind Power PPA in Europe

The global sporting brand now benefits from the supply of over 200 megawatts (MW) of renewable wind power. Nike, the global sporting brand, has signed a Power Purchase Agreement (PPA) with Spain’s Iberdrola to source 40 MW of wind power from the Cavar wind complex in Navarra, northern Spain to power its facilities in Europe. […]

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