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KPI Green Gets Rs 686 Crore Credit Facilities For Kutch Solar project

KPI Green Energy has received a final sanction letter for credit facilities amounting to Rs. 686 Crores for the development of a 200 MWAC (240 MWDC) Solar Photovoltaic Power Project in Khavda, Kutch District. According to a regulatory filing by the company, it had earlier raised Rs. 300 Crores through a Qualified Institutional Placement (QIP), […]

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Stock June 27: Shakti Pumps Powers On, Charge for JSW Energy From New PPAs

New order flows, and optimism around more support for renewable players in the upcoming budget ensured that most green stocks were in the green today. JSW Energy benefited from announcement of more PPAs, while Shakti Pumps kept up with the strong momentum behind it for being the largest player in the solar pumps business. Solar EPCs […]

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Enel Green Commissions 87MW Northern Italy Solar Plant

Trino, in the province of Vercelli, in the Piedmont region, is now home to the largest operating solar farm in northern Italy. The project, implemented on the site by Enel Green Power, involved the construction of a photovoltaic plant equipped with state-of-the-art storage technology. Trino’s history sets a record in renewable energy and proves that […]

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Nxtra By Airtel Joins RE100, Plans To Become 100% Green Data Centre

Indian data center company Nxtra by Airtel has joined the RE100 initiative – a flagship global initiative led by Climate Group in partnership with CDP. RE100 is a global corporate renewable energy initiative. The aim of this initiative is to bring together hundreds of large and ambitious businesses committed to 100% renewable electricity. With this, […]

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PSPCL Commissions 50MW Solar Power Project In Punjab

Power Minister Harbhajan Singh Electro-Technical Officer (ETO) recently informed that Punjab State Power Corporation Limited (PSPCL) has commissioned a 50 MW solar power project. This project was installed by Sukhbir Agro Energy Ltd. (SAEL Limited) in the Karamgarh village, Malout. It was synchronized and solar power started flowing into the 220 KV Grid substation in […]

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Green Stocks June 26: Inox Wind Stock Price Surges By 2.65%

The stock market today saw a slight rise in stock prices with Inox Wind Energy receiving a positive growth of 2.65%, followed by Sterling and Wilson Renewable Energy receiving a 1.18% rise followed by Shakti Pumps share receiving a gain of 1.17%, whereas, Gensol Engineering stock faced major drop of 2.42%. Company name Closing Price […]

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BII, Symbiotics Launch Second Green Basket Bond Across Asia, Africa

British International Investment (BII), a UK-based development finance institution (DFI) and impact investor committed $75 million to the second ‘green basket bond’ arranged by Symbiotics Investments, a financial lender. The green lending program is expected to increase financing to small-scale green projects across Africa and South and South-East Asia through MSME lenders. This project particularly […]

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Data Centers, EV To Raise US Power Demand To 300 TWh: Report

Rystad Energy in its recent research report found that the total US electricity demand has remained relatively stable at around 4,000 terawatt-hours (TWh) since 2010. But as electrification accelerates, that’s about to change as the report accredits this growth to the build-out of data centers which can support more widespread adoption of electric vehicles (EVs). […]

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