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Tata Power Sells Stake in South African Wind JV for Rs 643 Crore

Tata Power had announced that its subsidiary has completed the sale of the company’s entire stake in a South African JV for an amount of Rs 643 crore Tata Power had announced that Khopoli Investments Ltd, the firms wholly-owned subsidiary, has completed the sale of the company’s entire stake in Cennergi, a South African joint […]

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Indian Oil Tenders for AMC of 600 kW Rooftop Solar System in Mathura

Indian Oil has issued a tender for the comprehensive Annual Maintenance Contract (AMC) for its 600 kW rooftop solar PV system at its Mathura Refinery. The Indian Oil Corporation (IOCL) has issued a tender, seeking eligible bidders for the comprehensive Annual Maintenance Contract (AMC) for its 600 kW rooftop solar PV system at its Mathura […]

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AfDB Offers Assistance for Development of Mini Green Energy Grids in Guinea

AfDB has approved a grant of 830,000 USD to support AGER in the establishment of green mini grids projects in the Republic of Guinea. The African Development Bank (AfDB), through its Sustainable Energy Fund for Africa (SEFA), has approved a grant of 830,000 US dollars to support the Guinean Agency for Rural Electrification (AGER), in […]

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Ikea Parent Firm Acquires Stake in 403 MW US Solar Projects

The Ingka Group (owner and operator of 380 IKEA stores in 30 countries), has taken over two solar PV projects in the US worth a combined 403 MW generation capacity. Ingka Investments, the investment arm of Ingka Group (owner and operator of 380 IKEA stores in 30 countries), has taken over two solar photovoltaic (PV) […]

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Govt Extends CEL Bid Deadline to 1 Month amid Covid-19

On the back of ongoing situation due to the Covid-19 outbreak in the country, the Government of India (GoI) has extended the deadline for submitting bids for its solar products manufacturing unit Central Electronics Ltd (CEL) by a month. Earlier in the month of February, the Department of Investment and Public Asset Management (DIPAM) issued […]

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Norway Okays Equinor’s Floating Wind Farm Plan

The Norway’s Ministry of Petroleum and Industry has provided its go-ahead for the Equinor’s plan to develop and operate its Hywind Tampen wind farm. Now, the Snorre and Gullfaks platforms will be the first platforms in the world to receive power from a floating offshore wind farm. This Hywind Tampen wind farm is expected to […]

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Ecolog Signs MoU to Commercialize its Low Cost, Lightweight, Portable Solar Solution

Ecolog International, a leading provider of integrated solutions, has entered into a strategic Memorandum of Understanding (MoU) with Australia’s Centre for Organic Electronics at the University of Newcastle to commercialize its revolutionary low-cost, lightweight and highly portable solar energy solution. The company claimed that it’s Ecolog Energy Solution™ will disrupt the decentralized energy marketplace by […]

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Pandemic to Hit Global EV Growth by 43% in 2020

Research firm Wood Mackenzie has released a report where it predicts a 43 percent contraction in the global EV industry by the end of 2020. For a sector that was just building up some serious momentum, the crisis couldn’t have come at a worse time. The big hope now is that government stimulus plans will […]

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AIP Invests in Longroad Energy’s 215 MW Solar Assets

After investment partnership with AIP, US-based renewable energy developer Longroad Energy has closed the financing for its Little Bear Solar project. Moreover, it has now started the construction of the Little Bear Solar project, which comprised of four separate projects aggregating 215 MW in Fresno County in California. Besides, two Danish pension funds i.e. PKA and PenSam, […]

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