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renewable energy

MNRE Minister Bhagwant Khuba At Intersolar Europe

Union Minister of State for Ministry of New and Renewable Energy, Bhagwant Khuba attended the Intersolar Europe 2022 held at Munich, Germany. The Minister delivered key note address at the investment promotion event on Indias Solar Energy Market. Bhagwant Khuba in his key note address said that As Honble PM Modijis ambitious Panchamrit targets set []

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Aquila Capital and FNSF collaborate for 1GW Solar Farm in New Zealand

New Zealand will soon have a large-scale solar farm begin to produce 1GW. That is a big deal, because TOTAL solar capaciy in NEw Zealand has barely crossed 200 MW till date. German investment outfit Aquila Capital and local PV project developer Far North Solar Farm have joined their hands to collaborate to make this []

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Soluna Raises $35M from Spring Lane Capital to Build Green Data Centers

Soluna Holdings, Inc. (SHI) the parent company of Soluna Computing, Inc. (SCI), secured $35 million in project financing to develop green data centers co-located with renewable energy assets. Spring Lane Capital, a private equity firm, invested private funds in Soluna as a part of their strategy focused on hybrid project capital for sustainability solutions in []

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NHPC Awards Contracts For CPSU 1000 MW Solar Projects

Hydro energy major NHPC (National Hydroelectric Power Corporation), which had been allotted a 1000 MW Capacity Solar Power Project  in the Phase II, Tranche III auction back in September 2021, has finally completed the award of contracts for the project. NHPC had won with a Viability Gap Funding (VGF) of Rs. 44.90 Lakh/MW in the []

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UP Invites Bids For 75 MW Solar Projects

Uttar Pradesh has a new tender out, inviting bids to develop 75 MW of projects in the state. State owned Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) uploaded on the website the details of the Request for Selection {RfS} . According to the RfS, the projects will be developed in Makrecha village (25 MW), []

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Fresh CERC Regulations For RE Certificates for RE Market Development

The Central Electricity Regulatory Commission (CERC) released on May 9 a set of regulations for development of renewable energy market through renewable energy certificates, holding back the date of enforcement. The National Load Despatch Centre remains the mandated Central Agency to enforce a host of regulations like (i) registration of eligible entities, (ii) developing a []

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Italy working on incentives for offshore wind projects

The Italian government is working on incentives to boost the roll-out of offshore wind facilities, Italys energy transition minister said on Wednesday. Incentive mechanisms are in the programming phase, Roberto Cingolani said, answering questions from members of parliament. Besides subsidies, Cingolani said offshore wind would also receive grants from Italys national Recovery Fund plan. Rome []

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US University Confers Inaugural Award On ReNew Power CEO

Columbia Universitys School of International and Public Affairs (SIPA) conferred  the inaugural Distinguished Alumni Award on Sumant Sinha, the founder, chairman and CEO of ReNew Power. A press release issued by SIPA on May 9 reads, Sinha, the founder, chairman, and CEO of ReNew Power, received the first Distinguished Alumni award. The awards, Alumni Association chair []

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NLC issues tender for 100 MW ISTS-connected solar projects

Chennai-based thermal energy giant NLC India has issued a tender to set up 100 MW ISTS (Inter State Transmission System) connected solar power project on pan India basis with Operation & Maintenance (O&M) for 3 years. NLC India Limited is a government-owned-fossil fuel miner and thermal power generator under the ownership of Ministry of Coal, []

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