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MNRE Asks All RE Stakeholders to Align Activities in Compliance With ALMM Order

MNRE has issued a new directive to all RE stakeholders to align their activities in order to comply with for strict compliance with the order regarding ALMM Earlier this month, the Ministry of New and Renewable Energy (MNRE) had extended the deadline for the approved list of models and manufacturers (ALMM) i.e. both List-I for []

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I Squared Completes Sale of Largest Solar Platform in Taiwan to Marubeni

I Squared Capital has completed the sale of Chenya Energy, the largest solar platform in Taiwan, to Japanese firm Marubeni Corporation. I Squared Capital, through its ISQ Global Infrastructure Fund I, has completed the sale of Chenya Energy to Marubeni Corporation. Chenya Energy is a dedicated solar development, construction and operating platform in Taiwan and []

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MNRE Invites EoI for Evaluating Components of PM KUSUM Scheme

The Ministry of New and Renewable Energy (MNRE) has invited Expression of Interest (EOI) from reputed consultants and experts to undertake an evaluation of Component-A and Component-C of the Pradhan Mantri Kisan Urja Suraksha evem Utthan Mahabhiyan (PM KUSUM) Scheme. This scheme was launched during the month of March last year and has three components: []

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IL&FS Completes Sale of its Wind Power Service Amid Lockdown

IL&FS has completed the sale of IL&FS Wind Power Services (IWSPL), a subsidiary of IL&FS Energy Development Company Limited (IEDCL), to ORIX Corporation IL&FS has completed the sale of IL&FS Wind Power Services (IWSPL), a wholly-owned subsidiary of IL&FS Energy Development Company Limited (IEDCL), to ORIX Corporation, Japan. IWSPL is engaged in providing supervisory and []

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Ørsted Announces Completion of 338 MW Wind Project in Texas

Ørsted has announced that it has completed its Sage Draw Wind project, a 338MW wind farm that straddles Garza and Lynn Counties in Texas. Ørsted has announced that it has completed its Sage Draw Wind project, a 338 MW wind farm that straddles Garza and Lynn Counties in Texas. The 120-wind turbine project will have []

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Scatec Solar Announces Completion of 258 MW Solar Project in South Africa

Scatec Solar has started commercial operation of the third 86 MW solar plant in Upington, South Africa, completing the 258 MW solar power complex. Scatec Solar has announced that it has, along with its partners, grid-connected and started commercial operation of the third 86 MW solar plant in Upington, South Africa, completing the 258 MW []

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Mitsubishi and Chubu Complete EUR 4.1 Bn Acquisition of Eneco

Mitsubishi and Chubu Electric have officially acquired all shares of Eneco through its joint venture for a total value of 4.1 billion euros In November 2019, Mitsubishi Corporation (MC) and Chubu Electric were selected as the preferred buyers in a bid for the Dutch Energy Company Eneco. Both firms had since been completing the []

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IndiGrid Completes Acquisition of 9th Transmission Asset from Sterlite Power

IndiGrid has announced the acquisition of another transmission asset, ENICL from Sterlite Power at a value of USD 134 million. India Grid Trust (IndiGrid), one of Indias leading infrastructure investment trust, has announced the acquisition of another transmission asset, East North Interconnection Company Limited Transmission Company Limited (ENICL), from Sterlite Power at a value of []

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Canadian Solar Completes Sale of 17.7 MW Solar Portfolio in Italy

Canadian Solar has announced the closing of a 17.7 MW solar portfolio sale in Italy to Sonnedix. The portfolio consists of 5 subsidy-free projects in Sicily. Canadian Solar has announced the closing of a 17.7 MW solar portfolio sale in Italy to Sonnedix. The Company expects to recognise revenue from the sale in the first quarter of []

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