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ADB Granted Nearly USD 4 Bn in Sovereign Loans and Co-Financing to India in 2018

The Asian Development Bank (ADB) committed to providing nearly USD 4 billion in sovereign loans to India in 2018, the highest level of assistance since sovereign operations began in the country in 1986, said the annual report of the multilateral lending agency. In total, ADB, owned by 68 member countries, committed a total of USD []

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SECI Issues NIT For 100 MW Solar PV Projects at Singareni Collieries

Tender documents for the project will be uploaded on the TCIL Portal and the Central Public Procurement Portal (CPPP) of GoI by April 22, 2019. The Solar Energy Corporation of India (SECI) has issued a Notice Inviting Tenders (NIT) for setting up of 100 MW of Solar PV Power Plant under different packages at Singareni []

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Irelands Energy Sector Transformation Lead by its Power Sector

Ireland has successfully advanced the transformation of its energy sector, led primarily by the power sector. In 2017, about a quarter of the countrys total power generation came from wind power, the third highest share among all 30 IEA member countries, according to the latest review of Irelands energy policies by the International Energy Agency. The electricity []

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Greenam Energy Installs Its 1st Floating Solar Plant at Tuticorin

Greenam Energy, a wholly owned subsidiary of Singapore-based AM International Holdings, has set up its first floating solar power plant at Tuticorin. The 24 MW floating solar power plant would be one of its kind and is the first floating renewable energy initiative to optimise energy production in industrial plants, a company statement said. Greenam []

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Lubi Solar to Install Solar Water Pumps in Nagpur, Pune

The company has been awarded this contract after successful completion of performance test in record time in stringent condition at farmers place, the spokesperson added. Lubi Solar, which is a division of Lubi Electronics, has bagged an order for installation, commissioning and maintenance of Solar Photovoltaic (SPV) water pumping systems in Nagpur and Pune cities []

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Oriano Solar Commissions Two Solar Plants For Aditya Birla Renewables

The firm is currently executing 134.5 MW of solar projects to be commissioned by September 2019 and will surpass cumulative installation of 350 MW by the end of this financial year. Mumbai-based Oriano Solar has commissioned two solar power plants worth18.75 MW capacity located at Rawan (12.5 MW) and Hirmi (6.25 MW) in Chhattisgarh.  The company was the Engineering, []

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Starbucks Invests in Solar Energy to Power 360 Stores in Texas

Starbucks Coffee Company, Cypress Creek Renewables and U.S. Bank have announced that they are teaming up on a portfolio of solar farms across Texas. As a part of the deal, two solar farms developed, built and now operated by Cypress Creek, a leading solar solution provider, are providing enough energy for the equivalent of 360 []

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India, Denmark agreement on Wind Cooperation Approved

India and Denmarks agreement on Wind Energy, signed in March, was formally approved in a cabinet meeting chaired by Prime Minister Narendra Modi yesterday. Prime Minister Narendra Modi chaired a union cabinet meeting where it gave approval for a cooperation agreement between Ministry of New and Renewable Energy (MNRE) and Denmarks Ministry for Energy, Utilities []

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Petronas makes India Play with Amplus Energy Acquisition

By Acquiring Amplus Energy for Rs 2700 crores, Malaysias Petronas just made a big India play in renewables. The Move by Malaysias Petronas, itself a $60 billion-plus behemoth with a $13.2 billion bottom line in 2018, is a huge vote of confidence in Indias renewable sector. At Rs 2700 crores, the valuation also seems to []

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