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renewable energy

Budget 2019 Live: Big Boost for finance, solar manufacturing and EVs in Budget

As Finance Minister N Sitharaman presents her first budget 2019 in parliament today, track the news live for anything relevant to solar, renewables and electric mobility. Sumant Sinha, CMD, Renew Power, has already drawn up a wishlist. As India awaits the #UnionBudget2019 tomorrow, our CMD @sumant_sinha shares 7 areas where the #budget can make a []

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PFC Raises $ 300 Million Through Syndicated Loans

PFC raises $ 300 million through a three-year syndicated loan from SBI, Honk Kong and MUFG Bank, Singapore. The Power Finance Corporation (PFC), a state-owned non-banking financial company (NBFC) that funds power sector projects has announced that it has raised $ 300 million through a three-year syndicated loan from the State Bank of India, Honk []

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Wind & Chemical Industry Partner to Advance Turbine Recycling

WindEurope, Cefic and EUCIA have created a cross-sector platform to advance novel approaches to the recycling of wind turbine blades. WindEurope, Cefic (the European Chemical Industry Council) and EUCIA (the European Composites Industry Association) have created a cross-sector platform to advance novel approaches to the recycling of wind turbine blades. In 2018 wind energy supplied []

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SECI Floats Tender for 1200 MW Solar Power Projects (ISTS-V)

SECI has issued an RfS for setting up of 1200 MW solar projects in India under global competitive bidding (ISTS-V). The Solar Energy Corporation of India (SECI) has issued a Request for Selection (RfS) for the selection of solar power developers (SPDs) for setting up of 1200 MW ISTS-connected solar power projects in India under []

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Himachal Targeting Rs 85K Cr in Funding for RE, Infra and Transport

The Himachal Pradesh government has set a target of attracting investments to the tune of Rs 85,000 crore for Renewables, Infrastructure and Transport. The Himachal Pradesh government has set a target of attracting investments to the tune of Rs 85,000 crore and has already succeeded in signing a memorandum of understanding (MoUs) worth Rs 22,964 []

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Siemens Gamesa Wins Repowering Order for 430 MW Rolling Hills Wind Farm

Siemens Gamesa has been selected for the largest repowering order to date in North America, for the Rolling Hills wind power project. Siemens Gamesa has been selected by MidAmerican Energy Company for the Rolling Hills wind power project for a total of 429.3 MW, the largest repowering order to date in North America. The company []

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Onshore Wind O&M Market in China to hit $5 Billion by 2029

The onshore wind operation and maintenance (O&M) market in China has been predicted to surpass a total of $5 billion over the next 10 years. According to new research, the onshore wind operation and maintenance (O&M) market in China is expected to total US$5 billion over the next 10 years.  According to consultancy firm Wood Mackenzie []

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Delhis Peak Power Demand Clocks Record 7241 MW

Delhis electricity demand touched an all-time high of 7241 MW on July 1, 2019, the highest peak power demand recorded in any Indian city. Delhis electricity demand touched an all-time high of 7241 megawatts (MW) on July 1, 2019, at 3:29 pm, the highest peak power demand recorded in any Indian city. Delhis peak power demand []

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Andhra Govt Sets up Panel to Review Wind & Solar PPAs From TDP Regime

Andhra Pradesh has established a panel to review and renegotiate the PPAs signed by discoms for wind and solar power during the TDP regime. In a new order, the state government of Andhra Pradesh has established a High-Level Negotiation Committee (HLNC) panel to review and renegotiate the power purchase agreements (PPAs) signed by the state []

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