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L’Oréal Signs Agreement with EDF for Renewable Energy

French personal care company L’Oréal has partnered for renewable energy with EDF Renewables through a PPA. EDF Renewables is a wholly-owned subsidiary of the French utility EDF Group. As per the 15-year agreement, EDF will be focussing  on two solar parks located in the Corrèze and Vosges regions, where EDF will be able to produce […]

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JK Cement to Offtake Green Energy from CleanMax’s Wind & Solar Farm

JK Cement and CleanMax Enviro Energy Solutions have entered into a power purchase agreement (PPA) for 6.42 MW wind – solar generation capacity in the state of Karnataka. CleanMax delves into C&I renewable energy. As per the PPA, green energy will be provided from CleanMax’s wind-solar farm in Jagalur, Karnataka to JK Cement’s Muddapur factory. The […]

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SaurEnergy Explains-Regulatory Assets And Why They Matter To Power Sector

The Union government last year pulled up all State Electricity Regulatory Commissions (SERCs) and the Joint Electricity Regulatory commission (JERC) relating to creating prohibited ‘regulatory assets’, and required them to come up with concrete plans for these assets’ liquidation. The centre also pressed the commissions to not approve any more dues as regulatory assets in […]

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APDCL Invites Bids for Procurement of 70 MW Solar Power for Ground Mounted Solar Project

Assam Power Distribution Company Ltd has issued a tender for the procurement of 70 MW (AC) solar power from grid-connected ground mounted solar PV project. The said project is be developed in the village of Khudigaon Pt-II, Bilasipara, in Dhubri District of Assam on BOO (Build-Own-Operate) mode through tariff-based competitive bidding process. This will be […]

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Karnataka & Gujarat Lead in Clean Energy Transition; Odisha, Bihar, UP Laggards

A new study conducted in unison by IEEFA (Institute for Energy Economics and Financial Analysis) and Ember to create the States’ Electricity Transition (SET) Scoring System. The report takes a look at 16 states in India. The report has analyses 16 Indian states that make up 90% of the country’s yearly power needs. The states […]

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X-ELIO Sets up its First Utility Scale 60 MWh BESS Project in Texas, US

X-ELIO, that delves into the development, construction, financing and operation of renewable and sustainable energy projects, has added a BESS (battery energy storage system) project of 60 MW capacity, which has been set up in the Liberty County of Texas in the USA. This is a major project for X-ELIO, given that this is the […]

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French Firm Akuo Energy Looks to Set up Agrisolar Portfolio in Greece

French renewable energy firm Akuo Energy has established its first solar park in Greece. Back in October 2021, the firm had set up the 1 MW Chalki island project. The newly launched project includes four PV comprising 1 MW each. The yearly output of the project will help meet the needs of 350 households, the […]

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NTPC Green Energy to Raise Up to Rs 9,000 cr Term Loan

NTPC Green Energy Ltd (NGEL), an NTPC subsidiary, has invited bids for a  term loan of up to Rs 9,000 crore in Indian Rupee denomination. As per the bid document, NGEL intends to raise fresh debt and  the funds collected will be used to repay outstanding liability of Rs 8,200 crore towards NTPC by March […]

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The 5 Questions 2023 Could Answer for Renewable Energy in India

India has over 174 GW of installed renewable capacity, including large hydropower at the conclusion of December 31, 2022. Solar power constituted the largest share of about 64 GW of the total. Wind power (41.9 GW), large hydro (46.85 GW), biomass/co-generation (10.2 GW), small hydro power (4.93 GW), and waste to energy with 0.52 GW […]

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