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IREDA IPO Expected By September

IREDA will issue fresh 13.90 crore shares, increasing the paid-up share capital of the company from Rs 784 crore to Rs 923 crore. The initial public offer (IPO) of state-owned Indian Renewable Energy Development Agency (IREDA) will be launched before September 2019, a top official has confirmed.  “We can raise up to 15 percent of our equity. […]

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Kochi Metro Looking For Land to Set Up Solar Plant to Power Water Metro

The tender for the first batch of 23 air-conditioned ferries that can carry up to 100 passengers will be awarded by March. The Kochi Metro Rail Limited (KMRL) is on the lookout for land to develop a solar power plant to generate electricity to power and operate its forthcoming fleet of Water Metro Ferries from […]

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Indian Wind Power Sector to Benefit From US-China Tariff Scuffle : Wood Mackenzie

The assumption comes from a new report released by global research and consultancy firm Wood Mackenzie. India’s wind energy sector could benefit in the form of new investments as the ongoing tariff scuffle between US and China continues to escalate. The assumption comes from a new report released by global research and consultancy firm Wood […]

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SECI and Govt of Puducherry Sign PSA For 100 MW Wind Power

SECI announce an agreement with the Electricity Department of Puducherry for sourcing 100 MW of wind power. The Electricity Department of the Government of Puducherry has signed an agreement with the Solar Energy Corporation of India (SECI) to source 100 MW of Wind Power. The new agreement will be slotted under the Union Territory’s Renewable […]

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Nike Signs First Wind Power PPA in Europe

The global sporting brand now benefits from the supply of over 200 megawatts (MW) of renewable wind power. Nike, the global sporting brand, has signed a Power Purchase Agreement (PPA) with Spain’s Iberdrola to source 40 MW of wind power from the Cavar wind complex in Navarra, northern Spain to power its facilities in Europe. […]

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SoftBank Led SB Energy Leads Bidding on SECI 1200 MW Wind Auction

Bids totalling 2,325-MW capacity were received by SECI in response to the 1200 MW tender. A host of other industry majors including SoftBank led SB Energy have marked their interest in Solar Energy Corporation of India’s (SECI) latest 1200 MW wind power tender. SB Energy has made its first bid for a standalone wind project […]

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France Launches First Offshore Wind Power Project

LOC Renewables supplied MWS across the project, which enabled an efficient and successful delivery of the 2MW Floatgen.   LOC Renewables, a part of LOC Group, a leading international marine and engineering consulting firm, has successfully overseen the launch of France’s first offshore wind project. LOC Renewables supplied marine warranty surveying services (MWS) across the […]

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Containerised Solar PV Solutions to Provide Clean Energy to Off-Grid Populations

The containerised system can work as a grid-tied system where power is available and as an off-grid system where the grid is unavailable. Keeping in view the agenda of attaining universal electricity access by 2030, and to enable access to reliable and affordable energy, STEAG Energy Services has developed a containerised hybrid Solar PV solution […]

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Uzbekistan Issues Tender in Partnership with IFC for 100 MW Solar Project

Based on the success of the implementation of the tender, the volume of the projects will be raised to 900 MW in consequent tenders. Uzbekenergo JSC, a government-owned power utility, has issued a request for selection (RfS) for 100 MW of grid-connected solar projects to be developed in Navoi region of the Republic of Uzbekistan. […]

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