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A Look At The Progress In Renewable Energy Sector In 2022

Think tank REN21 has released a report on the state of the renewable energy sector in 2022. Despite the pandemic’s aftereffects and a surge in global commodity prices, that led to a disruption in the supply chains for renewable energy and caused delays in projects, renewables saw yet another year of record growth in terms […]

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The Outlook for The Renewable Energy Sector Through 2022

The outlook for the renewable energy industry through 2022 has been published by Deloitte. As per the report, the renewable energy sector continued to be impressively robust in 2021. Renewable energy sources are now among the most cost-effective energy sources in several sectors thanks to quick technological advancements, falling prices, and improved competitiveness of battery […]

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Apollo Invests $175 Million in Summit Ridge Energy For Community Solar Projects

Global conglomerate Apollo Global Management has revealed that it will be making an investment worth $175 million  in Summit Ridge Energy, a leading owner-operator of community solar assets. Since it came into being in 2017, Summit Ridge has formed two joint ventures totaling more than $1 billion in permanent project capital. It has also expanded […]

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Two-thirds Of New Renewable Power In 2021 Cheaper Than Cheapest Coal In G20: IRENA

Renewable Power Generation Costs in 2021, published by the International Renewable Energy Agency (IRENA) has stated that almost two-thirds or 163 gigawatts (GW) of newly installed renewable power in 2021 was cheaper than the world’s cheapest power plants, the source of which was coal, in the G20 countries. According to IRENA, the renewable power added […]

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Senior Engineer – Sourcing & Procurement

Responsible for Sourcing & procurement of equipment, goods and services and managing vendors. This position will manage reliable and cost-effective supply chain strategies to deliver the materials, equipment, supplies and service to the manufacturing and business operations. This position works closely with Manufacturing, Logistics, Quality, Engineering and Finance and reports to the Procurement Manager Activities:- […]

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SECI Cancelled Solar Tenders Of 166 MW Cumulative Capacity Recently

In the last two days (11 and 12 July) SECI has cancelled three solar tenders with a total capacity of 166 MW. The three tenders include 100 MW solar tender of Getalsud Dam, Ranchi, 44 MW & 22 MW solar tender of The Singareni Collieries Company Limited (SCCL). SECI has said that the reason behind […]

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SECI Cancels 100 MW Getalsud Dam Floating Solar Tender

Over two months after it first extended the deadline to respond to bidders, the Solar Energy Corporation of India (SECI) has cancelled the tender for the 100 MW Getalsud Dam project near Ranchi in Jharkhand. The cancellation follows a familiar pattern of challenges faced with floating solar tenders in India, where the standout success has […]

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Sterling and Wilson Renewable Q1 Results- Losses Up To Rs 353 crores

Leading Solar EPC Sterling And Wilson Renewable Energy Limited has (SWREL) reported its financial results for the period ended June 30, 2022, or Q1 for the firm. The quarter also marked the completion of one year with Amit Jain as CEO at the firm. In the June quarter, the company has reported an over 10% […]

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300 MW Hybrid Project: MERC Approves Reduced Tarrif Of Rs 2.56/KWh

Maharashtra Electricity Regulatory Commission (MERC) recently ordered that the voluntarily offered tariff of Rs. 2.56 per unit be applicable for supply of 300 MW RE wind-solar hybrid power by T.P. Saurya Limited (subsidiary of Tata Power) to Maharashtra State Electricity Distribution Co. Ltd (MSEDCL). A three-judge bench comprising Sanjay Kumar, IM Bohari and Mahesh Khullar, […]

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