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renewable energy

True Green Capital (TGC) Takes Majority Stake In CleanChoice Energy

Connecticut based renewables investment firm True Green Capital Management has announced that it has acquired majority stake in Washington based cleantech company CleanChoice Energy. CleanChoice claims to empower people and businesses to access climate solutions. TGC will be offering dedicated capital to fund CleanChoices solar development pipeline. The acquisition will fuel the growth of CleanChoice []

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IPP Conrad Energy & BNP Paribas Join Hands for English Solar Farm

UKs Independent Power Producer (IPP) Conrad Energy has entered into an agreement with BNP Paribas for a period of 15 years. The Power Purchase Agreement (PPA) will pave the way for renewable energy to be supplied from Conrad Energys newly set up solar farm in Herefordshire, England. The Larport Solar Farm is slated to deliver []

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Suzlon Bags Wind Energy Project Worth 39 MW From First Energy

A provider of renewable energy solutions,  Suzlon has revealed that it has won a 39 MW wind power project from Thermax Group firm, First Energy. The order forms a part of a wind-solar hybrid project of 100 MW capacity by First Energy 5 Pvt Ltd. Suzlon will be responsible for the installation of 13 wind []

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NTPC Arm Bags 500 MW of RE Project from REMCL; Project Nine Renewable Power & Sprng Akshya Urja Other Winners

REMCL (Renewable Energy Management Company) had declared the results for a 1000 MW renewable energy project. Of the 1000 MW capacity, 900 MW has been tendered. Energy conglomerate NTPC has announced that its arm NTPC Renewable Energy (NTPC-REL) has won a 500 MW renewable energy round-the-clock (RE-RTC) project of the tendered capacity. Sprng Akshya Urja []

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Anirban Das to Step into Chief Investment Officer Role at Vibrant Energy

Vibrant Energy, a green energy solution provider to commercial and industrial customers, has announced the appointment of Anirban Das as the Chief Investment Officer (CIO) of the firm. In this role, Anirban will work closely with Srinivasan Viswanathan, CEO, leading all fund raising and investment activities across the capital stack for Vibrant, the company said []

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HERC Approves Green Energy Open Access Rules, Ensures Not Levying Reliability Charges 

The Haryana Electricity Regulatory Commission (HERC), in its latest order, approved changes to the draft Green Energy Open Access Rules. This comes after hearing pleas from the electricity generators, power distribution companies, and other stakeholders. The Ministry of Power, earlier on June 6, 2022, came up with its Electricity (Promoting Renewable Energy Through Green Energy []

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51-MW Wind Energy Brought Online by JSW Energy in Tamil Nadu

Indias one of the leading renewable energy company JSW Energy has announced that it has commissioned a 51 megawatt (MW) wind power project at Tuticorin in the state of Tamil Nadu. It said in its regulatory filing that the wind project has been commissioned by one of its subsidiaries called JSW Renew Energy Two Limited. []

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ReNew Power Bags 200 MW of GUVNLs 500 MW Tender; Solarcraft, Mahindra Susten, Avaada Energy Other Winners

Gujarat Urja Vikas Nigams (GUVNL) tender, floated in February this year, for the supply of power from 500 MW of grid-connected solar projects (Phase XIX) has been won by ReNew Power, Solarcraft Power, Mahindra Susten, and Avaada Energy. Capacities & Tariff ReNew Solar Power bagged the highest capacity of 200 MW. It had quoted Rs 2.71 []

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Sterling & Wilson Renewable Reports Rs 421 Cr Loss in March Qtr

Renewable engineering, procurement and construction (EPC) solutions provider Sterling and Wilson Renewable Energy has released its financial results for the quarter ended March.  The company clearly continues to clean up after Reliance joined as a promoter group, with  consolidated revenue having dipped 92% Y-O-Y, pegged at Rs 421.11 cr. The firm has exited businesses, contracts []

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