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IREDA Witnesses 26.71% Growth In Loan Book In 2023

Indian Renewable Energy Development Agency Limited (IREDA), a green Non-Banking Financial Company (NBFC) in the country, claims to have achieved its highest-ever annual loan sanctions and disbursements in the financial year 2023-24. IREDA has sanctioned loans amounting to Rs. 37,354 crores and disbursed loans worth Rs. 25,089 crores during the fiscal year. This has led […]

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JSW, Sunsure, NTPC & Tejorupa Bag SECI’s 1500 MW Solar Tender

The Solar Energy Corporation of India (SECI) has now announced the results of its tender floated on March 29, 2023. SECI had floated the tender for a 1500 MW grid-connected Inter-State Transmission System (ISTS).  As per the results published by the SECI, JSW Neo Energy Limited, Sunsure Solarpark Fourteen Pvt Ltd, Tejorupa Renewable India Project […]

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UK Emissions Down By 5% From 2022, Wind Contributes 28% Of Power Generated

The United Kingdom has witnessed a reduction of 53 percent between 1990 and 2023 – down 5 percent from 2022 in cutting emissions, shows the UK’s Department for Energy Security and Net Zero report. The latest Energy Trends report by the Department for Energy Security and Net Zero also shows that offshore wind generated 17.3% […]

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Gensol Subsidiary–Scorpius Trackers Achieves 1 GW+ Contracted Orders

Solar tracker company Scorpius Trackers, a subsidiary of the Gensol Group, announced that it had reached its milestone of 1000 MW + in contracted orders across India, Japan, Saudi Arabia, and Uganda.   The company’s client portfolio includes ReNew, Hero Future, Shapoorji, Tata Power, Engine, Sterling Wilson, Azure Power, Kosol Energy and. Notably, the company achieved […]

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Waaree Solar To Be Associate Partner Of IPL Team Delhi Capitals

Indian solar module manufacturer–Waaree Solar has now joined the league of solar companies partnering with IPL cricket teams to boost its reach and marketing. In the latest development, Waaree Solar announced its partnership with IPL team– Delhi Capitals for the T20 season. The company announced its recent partnership on a social media post. it also […]

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NTPC Invites EoI For 50MW Concentrated Solar Project In Uttar Pradesh

National Thermal Power Corporation (NTPC) recently released a tender inviting an expression of interest (EoI) for setting up Inter-State transmission System (ISTS) connected 50MW concentrated solar power (CSP) project with Thermal Energy Storage System (TESS) in Uttar Pradesh (UP). The tender is probably the first large tender for CSP from any PSU in India.  NTPC […]

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IndiGrid Operationalises First Transmission project

KKR backed IndiGrid,  India’s first and largest listed power sector infrastructure investment trust (InvIT), has announced the successful operationalisation of its first greenfield project – Kallam Transmission Limited (KTL) – at Beed, Maharashtra. The project was won by IndiGrid in December 2021 through the Tariff Based Competitive Bidding (TBCB) mechanism and has been developed on […]

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Waaree Energies Secures 220MW Solar PV Module Order from Sprng Energy

Waaree Energies Limited announced signing a contract with Sprng Energy Private Limited, a Shell group company, to supply 220MW of solar PV modules. The association entails Waaree Energies Limited supplying 220MW of AHNAY Series, Bi-55 545Wp modules, to be utilized for Sprng’s project in Gujarat. Sprng Energy Private Limited, is a renewable energy platform in […]

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Mitsubishi Power Firm Prevalon Energy Secures 328 MWh Idaho BESS

Mitsubishi Power Americas company Prevalon Energy has announced it has contracted with Idaho Power for a complete Battery Energy Storage System (BESS) along with a robust long-term service agreement. The project will provide grid resiliency as a net peak solution, helping the utility continue providing reliable power during peak demand periods. The service agreement includes […]

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