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Vestas to Acquire Minority Stake in Renewable Project Developer Sowitec

The acquisition is expected to be finalised during the second quarter of 2019 and will have no significant impact on Vestas earnings. To support Vestas’ strategy and increase its capability to partner with its customers in project development in selective markets, Vestas has announced the acquisition of a 25.1 percent minority stake in Sowitec with […]

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DEWA Issues RfQ For 900 MW Phase-V of MbRAM Solar Park

The fifth phase of the project will use solar panels based on the IPP model and it will be commissioned in stages starting from Q2 of 2021. The Dubai Electricity and Water Authority (DEWA) has issued a Request for Qualification (RFQ) for developers to build and operate the fifth phase of the Mohammed bin Rashid […]

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Lender’s Engineer – Renewables

Capable of handling the project related to solar, wind, battery energy storage system (BESS) as a project manager and will be responsible for all the internal and external communication related to the Project. Overview and In-depth knowledge of wind, solar and BESS projects. Capable of handling Owners Engineering (Review of Design Documents), Detailed engineering design […]

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ACME Solar Commissions 1 GW Solar Projects In Rajasthan

Haryana-based ACME Solar Holdings Limited (ASHL), has now commissioned its four ISTS-connected SECI projects. These solar projects aggregated to 1.02 GW are located in Jaisalmer, Rajasthan. They are part of a 1200 MW cluster spread over 4 projects. This achievement marks the commissioning of one of the largest single-location projects in India. The remaining capacity […]

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Meghalaya Govt Unveils Policy To Boost Solar, Wind Energy Capacity

The Meghalaya government recently released its policy to execute and expand solar power generation in the state, aiming to increase its solar power capacity from the current 4.28 MW (Till Nov. 2024). The latest policy released by the state allows short-term power purchases on behalf of the State Distribution Utility, entering into Power Purchase Agreements […]

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Indus Towers, JSW Arm Invest Rs. 38.03 Cr For 130 MW Solar Project

Indus Tower, a Haryana-based telecom tower company today entered into a power purchase agreement (PPA) with JSW Green Energy Eight Limited, a special purpose vehicle (SPV). Under this agreement, Indus Tower would receive 130 MW of renewable energy from a solar power plant under captive mode. The company also agreed to make approximately Rs 38.03 […]

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Reliance NU Energies Makes Key Appointments

Reliance NU Energies Private Limited, a subsidiary of Reliance Power, has inducted two key people in its leadership: Mayank Bansal as Chief Executive Officer (CEO) and Rakesh Swaroop as Chief Operating Officer (COO), who have a combined experience of over 40 years in the energy sector. The two energy sector veterans will helm Reliance Power’s […]

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Rajasthan Issues New Policy To Offer Incentives For RE Projects

To use the untapped renewable energy potential in Rajasthan, the state government released an Integrated Clean Energy Policy. It targets the establishment of 125 GW of renewable power projects by 2029-30. To fulfill its mission, the plans to add 90 GW of solar, 25 GW MW of Wind & Hybrid, and 10 GW of Hydro, […]

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