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Parliamentary Panel Directs MNRE to Avoid Further Delay in RE Targets

A Parliamentary panel has asked the MNRE to identify weak areas and take corrective actions without any further delay in meeting RE targets. A Parliamentary panel has expressed dismay over Ministry of New & Renewable Energy (MNRE) missing targets continuously and has suggested the ministry to identify weak areas and take corrective actions without any further delay. The Ministry […]

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Railway’s Petition Regarding 14 MW Rooftop PV Projects Dismissed

GERC has dismissed the petition filed by the Western Railway requesting relaxation in Gujarat’s net metering regulations. The Gujarat Electricity Regulatory Commission (GERC) has in its latest order has dismissed the petition filed by the Western Railway requesting the commissions’ involvement in granting relaxation in the state’s net metering regulations. The petition was filed against […]

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Sterlite Power Completes Sale of Novo Estado Project to ENGIE’s Brazilian Arm

One of the leading global developers in the power transmission space Sterlite Power has successfully completed the sale of its Novo Estado project in Brazil to French multinational electric utility company ENGIE’s arm in Brazil. The Vedanta Group company, Sterlite Power, has informed that, the sale process of Sterlite Novo Estado Energia S.A. (Novo Estado) […]

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NTPC Tenders for Operation of 90 Electric Buses in Bengaluru

NTPC has invited bids on a ‘Limited Tender’ bidding basis for the operation of 90 electric buses for a period of 10 years in the city of Bengaluru. NTPC Vidyut Vyapar Nigam Limited (NVVN) has invited bids on a ‘Limited Tender’ bidding basis for the operation of 90 electric buses for a period of 10 […]

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Ignitis Borrows EUR 60 Mn From EIB for its First Wind Farm

EIB has signed a loan agreement with Pomerania Wind Farm, a subsidiary of Ignitis Renewables for the construction and operation of a 94 MW wind farm More wind farms will see the light near the Baltic coast in Poland. The European Investment Bank (EIB) has signed a loan agreement with Pomerania Wind Farm, a subsidiary […]

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TenneT Secures EUR 250 Mn Loan for Offshore Wind Transmission Link

TenneT has secured EUR 250 million loan to enable the transmission of rapidly growing amounts of offshore wind energy to users in the Netherlands and beyond The European Investment Bank (EIB) has signed a EUR 250 million loan agreement with TenneT Holding. The financing will be used for the western section of TenneT’s “Zuidwest 380 […]

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GE to Supply Cypress Units for 70 MW Guney Wind Farm in Turkey

GE Renewable Energy has been selected by Sanko Enerji to provide 12 Cypress units and 2 units of 3 MW for the 70 MW Guney wind farm in Turkey. GE Renewable Energy has announced that it has been selected by Sanko Enerji to provide 12 Cypress units and 2 units of 3 MW for the […]

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Iberdrola Accelerates EV Plans, to Install 150,000 Charging Points by 2025

Iberdrola has decided to ramp up its sustainable mobility plan, and it plans to install 150,000 EV charging points within the next five years. Iberdrola has decided to ramp up its sustainable mobility plan, with more investment – a total of 150 million euros – to provide an even larger number of electric vehicle (EV) […]

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Iberdrola Takes 100% Ownership in 496 MW Offshore Wind Project

Iberdrola has assumed 100 percent ownership of Ailes Marines, which is developing, constructing & operating the 496 MW Saint-Brieuc offshore wind farm in France. Iberdrola has increased its ambition in the offshore wind industry, following the conclusion of an agreement to take 100 percent ownership of Ailes Marines. The company is developing, constructing and operating […]

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