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renewable energy

RUMSL Issues LOAs For 600 MW Omkareshwar Floating Solar Project

Letters of Award were distributed by Principal Secretary of New and Renewable Energy Department, Madhya Pradesh, Sanjay Dubey, on June 30 to the developers selected in the first phase of 600 MW Omkareshwar Floating Solar Project on Narmada river in Khandwa district of Madhya Pradesh. The tender for Phase-I achieved minimum rates of Rs 3.22, []

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Skyfri Group To Operate Assets Of Largest Floating Solar Project In Kerala

Norway based Skyfri Group has informed that it will now handle comprehensive solar asset operations of a Kerala based floating solar power plant. The floating solar project is said to be one of the largest in the state. According to reports, the solar facility has a capacity of 22MW AC/31MWp DC. Skyfri Group informs that []

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World Bank Provides $165 M To Support RE In Indias Residential Sector

The World Bank Board of Executive Directors on June 28 approved of $165 million in additional financing to support Indias residential sector in adoption of rooftop solar systems and make solar energy more affordable, according to a press release issued by the World Bank. These solar photovoltaic (PV) installations will provide clean, renewable energy, and []

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UPERC Mulls Introduction Of Green Tariff In Uttar Pradesh

The Uttar Pradesh Electricity Regulatory Commission (UPERC) informed the State Advisory Committee (SAC) members during a meeting that a green tariff may soon be implemented for the industrial and the commercial users to receive up to 100% of their electricity from renewable sources despite higher price. In a news item published on June 29, the []

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Intersect Power Raises $750 Million Growth Equity Investment from TPG Rise & Others

US-based clean energy company, Intersect Power announced a $750 million growth equity investment for its renewable energy portfolio yesterday (28th June 2022). TPG Rise Climate is the dedicated investor while Climate Adaptive Infrastructure and Trilantic Energy are the additional participants in this investment.  With the help of this growth equity investment from TPG Rise & Others, Intersect []

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Hindustan Power Exchange Gets CERC Nod For Indias Third Power Trading Exchange

The start of operations at Indias third power exchange, Hindustan Power Exchange (HPX) looks imminent, with final approval from the regulator, the Central Electricity Regulatory Commission (CERC) on June 27. CERCs approval was under Regulation 28 of Central Electricity Regulatory Commission (Power Market) Regulations 2021 for approval of the technology to be used by the []

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MPUVNL Tender Invites Bids For 35 MW Rooftop Solar Systems

Madhya Pradesh Urja Vikas Nigam Limited has floated a tender inviting bids for installation of 35 MW grid-connected rooftop solar systems. The bids will extend to operations and maintenance of the project for 25 years. The tender mentions that the last date for online submission of the bids is July 13, 2022. The earnest money []

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Solar Power Cluster Of 1.5 GW Being Developed By Voltalia in Brazil

France based RE player Voltalia has declared that its developing a new photovoltaic cluster with a potential capacity of more than 1.5 GW in the state of Minas Gerais in Brazil. The official statement of Voltalia informs that after developing its large clusters in Brazil at Serra Branca1 of 2.4 GW and Canudos2 of over []

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OX2 Looks To Construct 5.5 GW Offshore Wind Farm Off Sweden

Global renewable energy developer OX2 has announced that it has submitted a permit application under the law that deals with Swedens Exclusive Economic Zone for the construction of an offshore wind farm. The project called Aurora will come up between the islands of Gotland and Oland.  Sweden is aiming to double its renewable energy capacity  []

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