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renewable energy

Solar Plant set up at NIT Agartala to Save Rs 60 Lakh in Energy Bills

A one MW capacity solar rooftop power plant was recently commissioned at NIT Agartala and will save energy valued at Rs 60 lakh per year A one MW capacity solar rooftop power plant was commissioned at the National Institute of Technology (NIT) Agartala and is expected to save energy valued at Rs 60 lakh per […]

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Brookfield Renewables Submits Proposal to Acquire TerraForm Power

Brookfield Renewables has announced that it has made a non-binding, all-share proposal to acquire the outstanding shares of TerraForm Power Brookfield Renewables Partners has announced that it has made a non-binding, all-share proposal to acquire the outstanding Class A common shares of TerraForm Power, other than the 62 percent owned by Brookfield Renewable and its […]

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Govt Releases State Energy Efficiency Index 2019

With an aim to track the progress of energy efficiency initiatives in thirty six states and union territories based on ninety seven significant indicators, the Bureau of Energy Efficiency (BEE) under the Ministry of Power on Friday released the ‘State Energy Efficiency Index 2019’. The index was launched by RK Singh, Minister of State (Independent Charge) […]

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India has an Offshore Wind Energy Potential of 70 GW, 0 GW Fulfilled

MNRE has revealed that India has an offshore wind energy potential of around 70 GW, mainly distributed along parts of the coast of Gujarat and Tamil Nadu. The Ministry of New and Renewable Energy (MNRE) has revealed that based on studies, India has an offshore wind energy potential of around 70 GW, mainly distributed along […]

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Cabinet Approves MoU With UK for Energy Self Sufficiency in Railways

The Union Cabinet has given its approval to MoU signed with the DfID of UK for enabling energy self-sufficiency in Indian Railways The Union Cabinet has given its approval to the Memorandum of Understanding (MoU) signed with the Department for International Development, Government of UK for enabling energy self-sufficiency in Indian Railways. An official release […]

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BNP Paribas Closes Sustainability Linked RCF With Brookfield Renewables

BNP Paribas has closed an incentive-linked corporate revolving credit facility with Brookfield Renewable Partners to expand its renewable portfolio BNP Paribas, a premier global banking partner, has announced that it has closed a bi-lateral, incentive-linked corporate revolving credit facility (RCF) with Brookfield Renewable Partners, structured as a sustainability-linked loan (SLL). One of the first SLLs […]

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Bright Canyon Energy Acquires Ownership Interests in 2 Wind Farms

Tenaska and Bright Canyon Energy announced that Bright Canyon has acquired ownership interests in two Tenaska-developed wind projects worth 492 MW. Independent energy company Tenaska and Bright Canyon Energy announced that Bright Canyon has acquired ownership interests in two Tenaska-developed wind projects. The transaction, which closed December 20, 2019, includes the purchase of indirect minority interests in both Tenaska Clear […]

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Duke Energy’s 200 MW Wind Project in Texas Begins Commercial Operation

Duke Energy Renewables’ 200 MW Mesteño Wind power project in Starr County, Texas began commercial operation on December 31, 2019 Duke Energy Renewables, a commercial business unit of Duke Energy has announced that its 200-megawatt (MW) Mesteño Wind power project in Starr County, Texas began commercial operation on December 31, 2019. It is the company’s […]

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Suzlon Energy Defaults on Rs 7200 Cr Worth in Loans

Debt-laden Suzlon Energy has announced via a regulatory filing that it has defaulted on loans amounting to Rs 7,256.38 crore. Debt-laden Suzlon Energy has announced via a regulatory filing that it has defaulted on loans amounting to Rs 7,256.38 crore. The total default amount includes a principal of Rs 6,717.44 crore and interest of Rs […]

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