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Piramal to Co-Sponsor $600 Mn Renewable Investment Trust with Canadian Pension Fund

Both PEL and CPPIB will act as Co-Sponsors of the proposed InvIT and hold up to 75% of the units and seek to raise capital from other like-minded investors for the remaining 25%. Piramal Enterprises Limited (“PEL”) today signed a Memorandum of Understanding (MoU) with Canada Pension Plan Investment Board (“CPPIB”), a Canadian pension fund, […]

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Siemens Wins Race to Rebuild and Modernise Iraq’s Electricity Grid

Within the implementation agreement, the parties also agreed on the award of contracts valued at approximately 700 million euros for Phase 1 of the Roadmap. German Industrial Conglomerate Siemens has beaten US-based General Electric to rebuild and modernise Iraq’s electricity grid. The German firm has signed an agreement with the Ministry of Electricity paving way […]

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E.ON and Kyuden Mirai Energy to Co-Develop Offshore Wind Projects in Japan

E.ON intends to transfer its experience and technical know-how from its 1.8 gigawatts (GW) installed offshore wind capacity from Europe to Japan. E.ON and Kyuden Mirai Energy have signed a cooperation agreement to jointly develop offshore wind projects in Japan. The cooperation is focused on fixed bottom projects and starts with a study to jointly […]

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NIWE Issues Tender For 2 MW Solar Plant at IIM Tiruchirapalli

The last date of bid submissions is March 1, 2019. The National Institute of Wind Energy (NIWE) has launched a tender to develop a 2 MW solar project at the Indian Institute of Management (IIM) in Tiruchirappalli, located in the state of Tamil Nadu. The brief scope of work for the selected bidder will include […]

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Interview with Viraj Gada, IDEF Spokesperson & India Regional Representative, GOGLA

We recently caught up with Viraj Gada, the India Representative for GOGLA, the global body for the off grid, and distributed solar industry. India is a key market worldwide, with the highest off take of solar products. And firms that have pioneered innovative sales and distribution models. Here’re a few answers from that interaction. Q. […]

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New Aspirations with New Year!

The New Year 2019 is ready to be kicked off with all new power promises and aspirations with the rising of the new sun. Everybody in the solar industry is also expecting that this New Year will achieve far greater milestones as compared to the previous year. They also hope, the New Year will bring […]

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Viz-A-Viz with Viraj Gada, IDEF Spokesperson & India Regional Representative, GOGLA

India has Potential to Become Global Leader for Distributed Standalone Solar Solns India with its huge local market and strong manufacturing capabilities also has the potential to become the global market leader for distributed stand-alone solar solutions by leading the way in technology as well as business innovations in the sector. There is also massive […]

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Iran Commissions its Largest Wind Farm

The 18-turbine wind farm, located in Tarom County in northern Iran, has a nominal capacity of generating 61 megawatt hours of power annually, Xinhua reported. Iran inaugurates its largest wind farm as part of its efforts to increase production of electricity from renewable sources. The 18-turbine wind farm, located in Tarom County in northern Iran, has a […]

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Forest Department Mulls Solar Power for Srirangam Butterfly Park

Souring monthly electricity bills has prompted the forest department to look at the possibility of non-conventional energy source, by erecting a solar power plant within the conservatory spread across 25 acres. The Srirangam butterfly park may soon be operated with clean energy as the forest department plans to generate solar power within the park’s premises to meet its electricity […]

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