SUBSCRIBE NEWS LETTER

renewable energy in india

Tata Power Renewable Energy Completes 30 MW Solar Plant in Maharashtra

With the acquisition of Welspun Renewables Energy Pvt. Ltd., TPREL’s portfolio has grown to 2.2GW. Tata Power Renewable Energy Ltd (TPREL), a subsidiary of private power manufacturer Tata Power has commissioned 30 Megawatt (MW) solar power plant at Satara in Maharashtra. Tata Power Renewable Energy mentioned in its statement that the plant will produce over 62 million kilowatt hour […]

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Tata Power Delhi Distribution and GIZ Sign MoU for Renewable Energy

The Memorandum of Understanding includes Tata Power and GIZ to work jointly for the achievement of common goals and utility objectives related to promotion of grid-connected solar rooftop PV, energy storage system, electric vehicle and smart grid initiatives. Tata Power Delhi Distribution, India’s leading power distribution company and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) have […]

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UK Climate Investments and Lightsource Tie-up for Solar Power Projects in India

UK Climate Investments will provide 49 percent equity for the construction of the first project partnership with Lightsource to develop and construct up to 300MW of solar power projects. Lightsource Renewable Energy and UK Climate Investments, part of the Green Investment Group within Macquarie Infrastructure and Real Assets, have entered into a partnership agreement to […]

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State Bank of India Floats Fund for Solar Power Projects

SBI has funded 43 rooftop solar power projects with the capacity of 475MW by availing line of credit from World Bank. State Bank of India has signed an agreement with seven companies for funding rooftop solar power projects. The seven companies include Adani Group, JSW Energy, Hinduja Renewables, Tata Renewables Energy, Azure Power, Cleantech Solar […]

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Indian Solar Power Market Witnesses Change in Demand-Supply Landscape

Lack of visibility over project pipeline is forcing solar power developers to bid aggressive tariffs and reconsider strategic options including consolidation. The Indian solar power market is being tested to its limits. GST has increased execution costs. Module prices have shot up when bidders were factoring in another 20% price decline by the end of […]

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US Energy firm GIP Buying Asia’s largest Renewable Energy Producer

Equis energy biggest renewable energy platform in Asia has cut deal with GIP for $3.7 billion.  United States based firm GIP- Global Infrastructure partner is set to buy Asia’s largest renewable energy producer Equis for $3.7 billion. Singapore based Equis is Asia’s producer in renewable field with Five solar and wind assets in Philippines. Considerate the […]

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Green energy Should Power India: Modi

PM Modi addresses several thousands of people at the grounds, who gathered for a mass recital of Soundarya Lahari, with the set of Shlokas of Indian philosopher Adi Shankaracharya. Bangalore, Green energy like solar power would power India as 175 GW of electricity is expected to be generated from renewable sources, Prime Minister Narendra Modi said. Modi said over Rs 11,000 […]

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