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Djibouti Launches Maiden Wind Farm with 60 MW Capacity

Djibouti, located on the Horn of Africa, has launched its maiden wind farm- the 60 MW Red Sea Power (RSP) project. This is the key international investment in Djibouti’s energy. The project, valued at US$122 million, has put in place Djobouti’s first Independent Power Producer (IPP). The investors responsible for the said project are mulling […]

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Avaada Group Inks Pact for Renewable Energy With Saudi Arabia

Avaada Group has joined hands with Al Jomaih Energy and Water for the development of renewable energy in Saudi Arabia and a select few regions in the Middle East. “Avaada Energy (group) announces a strategic partnership with AEW to pioneer renewable power generation in the Kingdom of Saudi Arabia and selected Middle Eastern regions,” the […]

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CERC Proposes Change In Norms Regulating Old Thermal Plants

The Central Electricity Regulatory Commission (CERC), in its latest notification, has proposed a change in a provision of its existing regulations. This provision is related to the older thermal power plants and their powers to tie up with beneficiaries for power supply.  It has asked the stakeholders and public to send in their comments and objections by […]

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ORIT Launches 50 MW Wind Farm in Scotland for Kimberly Clark

Octopus Renewables Infrastructure Trust, an investment company focused on providing investors with a sustainable level of income returns, with an element of capital growth, by investing in a diversified portfolio of renewable energy assets across Europe, the UK and Australia, has launched a new 50 MW onshore wind farm located in South Lanarkshire, Scotland. The […]

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SGEL Bags 18 MW Solar Project for Bhakra Beas Management Board

A wholly owned subsidiary of SJVN, SJVN Green Energy Limited (SGEL) has entered into a power purchase agreement (PPA) with Bhakra Beas Management Board (BBMB). The PPA will pave the path for SGEL to develop an 18 MW solar project for BBMB. The project is scheduled for commissioning in August next year. In the first […]

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FuturEnergy JV & Greencoat Renewables Unite for Onshore Wind in Ireland

A joint venture by ESB and Coillte, FuturEnergy Ireland, has joined hands with Greencoat Renewables for its pipeline of onshore wind projects exceeding 1 GW. Over 500 MW is expected to sold to Greencoat by decade end by way of a strategic framework structure. Greencoat Renewables will be able to undertake acquisition for project stakes […]

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Shell Secures 600 MW Solar Project in Germany

Energy conglomerate Shell has joined hands for a Power Purchase Agreement with Hansa Invest Real Assets to acquire a German solar project of 600 MW capacity. HANSAINVEST Real Assets is a subsidiary of German insurance company SIGNAL IDUNA and manages over €7 billion in real estate and infrastructure assets across Europe. Microsoft has already secured […]

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CERC Grants No Relief To ACME Over GNA Transition Payment

The Central Electricity Regulatory Commission (CERC), in its latest order has refrained from giving ACME Solar Holdings Private Limited (ASHPL) any relief from the payment of bank guarantee. The payment was mandated due to its transition to General Network Access (GNA) as per the newly introduced CERC (Connectivity and General Network Access to the Inter-State Transmission System) […]

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TPREL, Juniper Green Emerge as Successful Bidders in 225 MW Renewable Hybrid Auction

Tata Power Renewable Energy Limited (TPREL) and Juniper Green Energy have emerged as winners in Tata Power’s auction. The tender was issued for the development and procurement of 225 MW of grid-connected intrastate and interstate wind-solar hybrid power projects. It also entails a greenshoe option of 225 MW on a long-term basis. Juniper Green Energy […]

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