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SJVN & Indian Oil to Form JV for Renewable Energy Projects

CPSU SJVN and Indian Oil Corporation have inked an agreement to form a joint venture for renewable energy projects. This was revealed by SJVN Chairman & Managing Director Nand Lal Sharma while adding that both SJVN and IOCL will employ their core strength for project development. The new firm will look into the development of […]

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USA’s Renewable Energy Firm Leeward Secures $180 Million for 200 MW Solar Project

USA-based renewable energy firm Leeward Renewable Energy has announced the close of about $75 million in construction to term financing from MUFG Bank and about $105 million tax equity commitment from Wells Fargo for the Horizon Solar Facility located in Texas. Leeward said that Mitsubishi UFJ Financial Group (MUFG) served as the green loan structuring […]

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Hero Future Energies Signs MoU with Andhra Pradesh to Develop Renewable Capacity

An independent power producer (IPP) with about 1.6 GW of operating assets across utility and commercial and industrial sectors, Hero Future Energies has signed a Memorandum of Understanding with the Government of Andhra Pradesh. The agreement will pave the way for setting up a renewable energy facility in the state. The firm will work closely […]

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EDF Renewables Shares Plan for 80 MW Wind Project in Ireland

EDF Renewables, a a wholly-owned subsidiary of French utility Group, EDF, has shared its plan for the proposed 80 MW Kilsallagh wind farm project, which is to be established in Ireland. The project will entail 13 turbines and their tip heights will be up to 200 metres. Once the project ge a go-ahead permission, a […]

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BMC Solicits Bids for Rs 90 cr Loan for Multiple Renewable Energy Projects

Bhopal Municipal Corporation has issued a tender to invite loans for the installation of 20 MW solar projects (Phase I), 21 MW solar projects (Phase II), 15 MW wind energy projects and 1 MW rooftop solar projects.  The bids are invited from nationalized banks, private banks, financial institutions and non-banking financial companies for long-tenure term […]

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BrightNight, ACEN Join Hands to Develop Renewables in India

U.S. based  renewable firm, BrightNight, has joined hands with ACEN Corporation, a Philippine listed energy platform of the Ayala Group, to accelerate the development, construction, and operation of BrightNight’s initial 1.2 GW, multi-technology renewable power portfolio in India. The partnership is formed  through ACEN Renewables International Pte. Ltd. and ACEN International, Inc. (collectively known as […]

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Maharashtra Renewable Energy Grows By 9% Last Fiscal

The state economic survey of Maharashtra for the period of 2022-23, is out and it paints a bright picture as far as renewable energy is concerned in the state. The state economic survey held that there has been a reasonable jump in the renewable capacity of the state. In 2022-23 financial year, the installed renewable […]

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