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renewable energy investment

Tata Power Board Approves Rs 2600 Cr Equity Raise, InvIT for RE Business

The Tata Power Board has approved the issuance of 49,05,66,037 Equity shares to Tata Sons for an aggregate consideration of Rs 2,600 crore. The Board of Directors of Tata Power has approved the issuance of 49,05,66,037 Equity shares on a preferential basis to Tata Sons for an aggregate consideration of Rs 2,600 crore. The issue […]

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MNRE Declares March 25-May 31 as Lockdown Period for RE Projects

MNRE has clarified that the lockdown period for time extension for renewable energy projects will be considered from March 25, 2020, to May 31, 2020. [Updated July 2, 2020 – 09:15] The Ministry of New and Renewable Energy (MNRE) has issued a new order clarifying that the lockdown period for time extension for renewable energy […]

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TPG Forms RE Firm With Acquisition of 1 GW Portfolio From Trina Solar

The Rise Fund, managed by alternative asset firm TPG, has announced the acquisition of approximately 1 GW of solar PV projects from Trina Solar. The Rise Fund, a global impact investing fund managed by alternative asset firm TPG, has announced the acquisition of approximately 1 gigawatt (GW) of solar PV projects from Changzhou, China-based Trina […]

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Enel Scores First Solar Tender win in India, 420 MW Project in Rajasthan

Enel Green Power has won its first solar tender in India, has been awarded the right to sign a 25-year energy supply contract for a 420 MW solar project. Enel Green Power has announced that it has, through its Indian renewable energy subsidiary EGP India – Avikiram Surya India, won its first solar tender in […]

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The Missing Element in the Proposed Electricity Act Reforms

India is the third largest producer and consumer of electricity worldwide. But it still has one of the lowest per capita power consumption (1,181 kWh) as compared to the world’s average per capita power consumption, which stands high at nearly 2,700 kWh. Because of this, our nation faces the challenge of ensuring sound financial health […]

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Idemitsu Completes Financing for 50 MW Solar Project in California

Idemitsu Renewables has announced that it has closed on debt financing for its 50 MWp Central 40 solar project in Stanislaus County, California. Idemitsu Renewables, formerly Solar Frontier Americas, which is now the US-based renewable energy business of Idemitsu Kosan Co., Ltd, has announced that it has closed on debt financing for its 50 MWp Central […]

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A World Solar Bank and India’s Solar Ambitions.

In the past week, talk of a World Solar Bank, midwifed by the International Solar Alliance (ISA), Prime Minister Modi’s biggest foreign policy initiative has picked pace again. The ISA, whose overarching mandate can be considered the raising of 1 trillion dollars to build, spread and sustain  solar energy worldwide, with special attention to the […]

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Infigen Nudges Shareholders to Accept $864 mn Takeover bid From Iberdrola

The board of Australian wind farm operator Infigen is recommending that shareholders accept an AUD 864 million takeover bid from Spanish utility Iberdrola. The board of Australian wind farm operator Infigen is recommending that shareholders accept an AUD 864 million takeover bid from Spanish utility Iberdrola. The recommendation came after Iberdrola waived conditions for its […]

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Vestas Secures two Wind Orders in Japan and Germany

Vestas has secured turbine orders for two wind projects in high-wind sites in Japan, and a repowering order in Germany for its Enventus Platform. Vestas has announced that it has secured turbine orders for two wind projects in high-wind sites in Japan, and a repowering order in Germany for its Enventus Platform. In Japan, the […]

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