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CleanCapital & CarVal Acquire 75 MW Solar Portfolio, Close on $300 mn Debt Facility

CleanCapital announced its largest acquisition, a 75.2-megawatt solar portfolio made up of 15 operating solar projects in New Jersey. CleanCapital announced its largest acquisition to date, a 75.2-megawatt solar portfolio made up of 15 operating solar projects in New Jersey. This is the fourth in a series of acquisitions made through CleanCapital’s $250 million investment […]

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Renault Forms JV for Electric Vehicles in China

Renault and JMCG have announced the establishment of their joint venture to further promote the development of Electric Vehicles industry in China Groupe Renault and Jiangling Motors Corporation Group (JMCG) have announced the establishment of their joint venture to further promote the development of the Electric Vehicles industry in China following their first agreement on […]

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SECI Amends 2 GW Tender Under CPSU-II Scheme

SECI has amended its RfS for setting up of 2 GW solar projects in India under the CPSU scheme phase-II for a second time. The Solar Energy Corporation of India (SECI) has amended its Request for Selection (RfS) for setting up of 2 GW grid-connected solar PV power projects in India (Tranche-I) under the CPSU […]

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Tender Issued for 5 MW Solar Plant at Kamarajar Port

Kamarajar Port Limited has issued an EOI for setting up of a 5 MW solar power plant at the port in Chennai. Kamarajar Port Limited (KPL), formerly Ennore Port Limited, has issued an Expression of Interest (EoI) for setting up of a 5 MW ground-mounted solar PV power plant at the port in Chennai. KPL […]

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Investments in RE Doubled Over Last 5 Years, Surpass Coal in 2018: Report

According to a new report, investments in India’s renewable market doubled over the last five years. And at $20 billion in 2018, it surpassed coal. According to a new report, investments in India’s renewable energy market have doubled over the last five years. And at $20 billion in 2018, it surpassed the capital expenditure in […]

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Energy Startups Graduate from Shell E4’s Second Cohort

The Shell centre housed the selected startups at a co-working space for 6 months and offered them seed funding of USD 20,000 each. Ten startups from the field of energy and sustainability have successfully graduated from second cohort of the E4 programme of Shell, which is one of the most diversified international energy companies in […]

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BHEL Floats Tender for 2 Solar Projects Worth 69 MW in Telangana

BHEL has issued a tender for setting up of two solar power projects worth a combined 69 MW in Telangana. Bharat Heavy Electricals Limited (BHEL) has issued a tender, seeking bids from eligible bidders for setting up of two solar PV power projects worth a combined 69 MW in the state of Telangana. The scope […]

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MNRE Issues Benchmark Costs for Rooftop Solar Installations

MNRE has issued the latest benchmark costs for installation of new grid-tied rooftop solar plants for the financial year. The Ministry of New and Renewable Energy (MNRE) has issued a notification with the latest benchmark costs for installation of new grid-tied rooftop solar PV plants for the present financial year. As per the notification, projects […]

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Captive Power Producers in Rajasthan Stand Together Against Duty Hike

After the decision to hike electricity duty on captive power by 150%, representatives from energy-intensive sectors in Rajasthan are knocking on the doors of various government departments Rattled by the Rajasthan government’s decision to hike electricity duty on captive power by 150 percent, representatives from energy-intensive sectors like cement, textile, mining, etc have come together […]

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