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ReNew Q1 Fy24 Results- Profits, No. 1 Renewable Developer Crown Back

Gurugram based, NASDAQ listed ReNew Energy Global Plc, which now calls itself a leading decarbonization solutions company, has announced its consolidated unaudited IFRS results for the three month period ended June 30, 2023. Operating Highlights: As of June 30, 2023, the Company’s portfolio consisted of 13.7 GWs, a 6.3% increase year on year, of which […]

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Consortium Formed for Sri Lanka’s Largest Private-Sector Renewable Energy Project with BESS

A leading player in the renewable energy sector of Sri Lanka, WindForce PLC, has partnered with reputed IPP Lakdhanavi Ltd and the Blue Circle Pte Ltd- a Singapore-based renewable energy firm, for what is set to be Sri Lanka’s largest private-sector renewable energy project. The project, which will transform the energy landscape of the island […]

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Serbia Holds Maiden Auction for Renewable Energy

Serbia recently conducted its maiden auction for renewable energy, for which, several bidders emerged successful. The tender witnessed 16 bids from wind and solar developers. Together, they bid for an aggregate capacity of 816 MW. Of this, 11 were valid boasting of capacity worth 739 MW. For the tender for wind energy, a quota of […]

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Rakesh Singh to Steer RenewSys as CEO- Encapsulants & Backsheets

Rakesh Singh has been onboarded at RenewSys as the CEO – Encapsulants & Backsheets. Singh’s career spans 30 years in manufacturing, business excellence, Supply Chain Management, and domestic & international business. Rakesh’s previous stint was as the CEO & Executive Director at Mahindra Solarize. He has also worked with other firms such as Vickers System […]

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SECI Issues Tender for 800 MW Renewable Energy with Storage

SECI has issued an RfS for 800 MW firm and dispatchable power from ISTS-connected Renewable Energy (RE) power projects (SECI-FDRE-III) under the Standard Bidding Guidelines. The date of pre-bid meeting is August 28, 2023. The last date of bid submission is September 29, 2023. The last date to submit bids is September 29, 2023. Bid […]

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Renewables and EVs: Myths and Reality

There is no doubt that Electric vehicles are a Global saviour for our planet against the pollution being caused by transportation. Reduced greenhouse emissions with EVs is supposed to be offering its accelerated benefits when fueled through renewables. The benefits of this combination thus are inevitable. But there are implementation challenges that places limits on […]

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KPI Green Energy Inks Agreement for Renewable Energy with MAHAPREIT

KPI Green Energy Ltd, the solar vertical of KP Group and a firm that produces renewable energy, has entered into a memorandum of understanding (MoU) with Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT). MAHAPREIT is a subsidiary of Maharashtra’s MPBCDC (Mahatma Phule Backward Class Development Corporation). KPI Green Energy will work on several […]

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Sterling and Wilson Renewable Adds 600 MW Order From GIPC

Sterling and Wilson Renewable Energy Limited (SWRE), has announced that it has received a Letter of Intent (LoI) from Gujarat Industries Power Company Limited (GIPCL), for its proposed 600 MWac (equivalent to 750 MWdc) solar PV project at Khavda. The total bid value, including O&M for 3 years would be ~INR 1,130 crore (including taxes […]

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