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Solar Park

200 MW Harvest Ridge Wind Farm is Operational

Walmart is one of the offtakers from the wind project EDP Renewables (EDPR), a global leader in the renewable energy sector and one of the largest wind energy producers in the world with a presence in 14 countries, has completed the construction its 200 MW Harvest Ridge wind farm in Douglas County, Illinois, USA. Through […]

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Energy & Meteo Systems: RE Forecasters To The World

Germany-based Energy & Meteo systems is one of the little known names, that packs quite a punch when you take a hard look at their work. The firm, which recently announced their formal entry to India with their energy forecasting solutions, has already pocketed the forecasting for Pavagada solar park, one of the biggest in […]

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RBI Governor Hints at Power Sector Reforms

For the next wave of growth of renewables, fast-paced changes need to be implemented Recently, the Governor of Reserve Bank of India (RBI), Shri Shaktikanta Das, addressed members of the National Council of the Confederation of Indian Industry (CII), regarding whether dynamic shifts are underway in the Indian economy. Stating that the country’s power sector […]

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MNRE Issued Guidelines for Procurement of Round The Clock Power

MNRE has issued the guidelines for the procurement of Round The Clock power from renewable energy power projects, complemented with thermal power projects. The Ministry of New and Renewable Energy (MNRE) has issued the guidelines for the tariff-based competitive bidding process for the procurement of Round The Clock power from grid-connected renewable energy power projects, […]

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Fourth Partner Energy Raises Rs 112 Cr From Zurich-Based responsAbility

Fourth Partner Energy (FPE) has announced that it has raised roughly Rs 112 crore in debt funding from Zurich-based asset manager responsAbility. Hyderbad-based clean energy firm Fourth Partner Energy (FPE) has announced that it has raised roughly Rs 112 crore (USD 15 million) in debt funding from Zurich-based asset manager responsAbility. The latest infusion is […]

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LAUNCHING- Solis 255K “More Than BIG” on 22nd July 2020

2020 is the year when the photovoltaic industry moves from subsidy to parity, and also the year of great technological change! Since the beginning the year, at least 7 companies have released new PV modules, with the power moving from 500W to 600W+! At the same time the renewable industry in India is witnessing aggressive […]

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DMRC One of the Greenest Metro Services Globally

DMRC is meeting 32 percent of its total energy requirement from the 750 MW Rewa solar park, making it one of the greenest metro services in the world. The Delhi Metro Rail Corporation (DMRC) had recently announced that it is meeting 32 percent of its total energy requirement from the 750 MW solar power project set at Rewa […]

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NTPC PAT Drops 70% to Rs 1,524 Cr in Q4 on Higher Tax Provisioning

State-run power giant NTPC has reported a drop of more than 70 per cent in its consolidated net profit after tax (PAT) at Rs 1,523.77 crore during the January-March quarter mainly on account of higher tax provision under the ‘Vivad Se Vishwas’ scheme. The consolidated PAT of the company stood at Rs 5,161.39 crore during the corresponding […]

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Dark Clouds Gathering Over C&I Segment, Says ICRA

In a report carried by wire agencies, ICRA’s (Formerly Investment Information and Credit Rating Agency of India) sector head and VP Girishkumar Kadam has been quoted as saying that renewable energy developers, based on third party or group captive off-take remain exposed to regulatory risk. The segment, called the C&I or commercial and industrial segment […]

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