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In E3W segment, customer base may be new to credit or lack strong credit score: Sameer Aggarwal, Revfin

EV finance firm Revfin claims that it has financed over 17,118 electric vehicles in the last 51 months (as of March 2023). This translates to financing 11 electric vehicles everydayin the last 1530 days. The vehicles are plying in over 200 cities across 16 states of India. Revfin also underwrites financially excluded and underserved segments […]

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496 MW Wind Project in France Reaches FID and Construction State: Ocean Winds

Renewable energy developer Ocean Winds has announced that a $2.5 billion final investment decision (FID) has been taken regarding an offshore wind energy project in France. Ocean Winds, Sumitomo Corporation, Banque des Territoires and Vendée Energie who form ‘Eoliennes en Mer des îles d’Yeu et de Noirmoutier’ (EMYN) have made the announcement about the Îles […]

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Bharat Electronics Invites Bids for Commissioning of 4 MW Wind Energy Plant

Bharat Electronics Limited has issued a tender for the design, supply, installation, testing and commissioning of a wind energy power plant in Karnataka, which is not less than 4 MW, and shall not exceed 5 MW. It will also include comprehensive operation and maintenance of the plant. The EMD amount is INR 10,00,000. The bid […]

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We offer strong after sales service and spare support: Sachidanand Upadhyay, Lord’s Mark

Incorporated in 1998, Lord’s Mark Industries Private Ltd. (Lord’s) started manufacturing computer continuous stationary and copier paper and gradually diversified to other segments viz; LED products, solar power solutions & solar appliances, lithium batteries, electric scooters, and charging stations. With the launch of its subsidiary, Lord’s Automative Private Limited, the firm ventured into the green mobility […]

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KSEB Gets Nod for KfW Funding for Green Energy Corridor Projects

The Kerala State Electricity Board (KSEB) has received the green signal from the German development bank, KfW, for securing a loan for the Green Energy Corridor (GEC) project that it is implementing. The signatories of the pact will be the State government, KSEB and KfW. It may be recalled that the Central government and KfW […]

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CERC Adopts SECI’s Agreed Tariff For 1200 MW Wind-Solar Hybrid Projects 

The Central Electricity Regulatory Commission (CERC) on Thursday adopted the individual tariffs as decided by the Solar Energy Corporation of India Ltd (SECI) for its 1200 Megawatt (MW) of Wind-Solar Hybrid Power Projects (Tranche-IV). These projects will be connected to the Inter-State Transmission System (ISTS). SECI issued the Request for Selection (RfS) for these projects […]

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WBPDCL Issues EOI For Its 500 MW Floating Solar Project at Bakreswar Dam

The West Bengal Power Development Corporation Limited (WBPDCL) has now issued an Expression of Interest (EOI) seeking consultants for conducting the technical and feasibility studies of the proposed 500 Megawatt (MW) floating solar power project on the catchment areas of Bakreswar dam.  The WBPDCL will recruit the first consultants to conduct technical and feasibility studies […]

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Europe Slips Up, Again, On Meeting Climate Goals

Two contrasting reports have dominated the renewable energy landscape of Europe this week: One, the European Union policymakers have agreed to double the renewable use by 2030 through massive RE installations. Two, a WindEurope report finds that Europe has invested lowest in offshore wind since 2009 in 2022, a mere EUR 17 billion in new […]

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IndiGrid Commissions First Battery Energy Storage Project

IndiGrid, which owns, operates, and manages power transmission networks and renewable energy assets delivering reliable power throughout India, has revealed that it has commissioned its first battery energy storage system (BESS) project. The project is integrated with its solar panels at the Dhule substation in Maharashtra. As per the statement by the company, the BESS […]

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