SUBSCRIBE NEWS LETTER

renewable energy investment

Indian IPP ReNew Power Raises $450 Mn via Dollar Bonds Route

Gurgaon-headquartered renewable energy independent power producer (IPP) ReNew Power has recently raised USD 450 million in funding via issuing dollar bonds. With 7 years of maturity, these dollar bonds were priced at 5.875 percent coupon rate and will be issued in 2 tranches with an average maturity tenure of five-and-a-half years. ReNew Power is among […]

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FESCO to Develop Solar plus Storage Project for Maryland’s District 40 Mall

US based FESCO Energy has inked an exclusive pact with Maryland’s District 40 mall, formally known as Frederick Towne Center Mall located on the Golden Mile, to develop a a microgrid enabled solar-plus-storage project. This sustainable microgrid power generation project will generate electricity of more than 3 MW from solar energy and will be having […]

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Lighting up India’s hinterland

India has emerged as the fastest growing energy market in the world. Investments in the sector grew at 12 percent last year with spending on renewable energy (RE) exceeding fossil fuel-based power. The country aims at being a power surplus nation and RE can play a big role in the transition. In April 2018, the […]

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Masdar Signs Partnership for 145 MW Floating Solar Plant in Indonesia

Masdar has signed a PPA with PLN, the state electricity company in Indonesia, for the first floating solar photovoltaic (PV) plant in the country. Masdar, one of the world’s leading renewable energy companies, has signed a power purchase agreement (PPA) with Perusahaan Listrik Negara (PLN), the state electricity company in Indonesia, for the first floating […]

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Portugal’s Galp Acquires 2.9 GW Solar Portfolio From ACS in Spain

Galp Energia has reached an agreement with the ACS Group for the acquisition of projects for the generation of solar energy in Spain Galp Energia, a Portuguese corporation which consists of more than 100 companies engaged in activities such as natural gas supply, transport, storage, etc has announced that it has reached an agreement with […]

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Gautam Adani Commits To Audacious Solar Ambition

Weeks after yet another ‘win’ in Australia, where the group has made a significant commitment to develop coal mines despite stiff resistance for its energy requirements in India, Gautam Adani, the founder of the group, chose to make a statement. In what is perhaps a  signal for the market on the group’s future priorities in […]

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Sterlite Power Inks Exclusive Pact with Smart Wires to Bring New Technology for Grid Mgmt

With an aim to bring new innovative technology for the Indian electricity market for resourceful grid management, global power transmission assets developer Sterlite Power has entered into an exclusive agreement with California-based Smart Wires. The deal enables the power transmission assets developer to offer Indian utilities with modular power flow control solutions that make transmission […]

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India has Contributed Least to Global Warming: Piyush Goyal at WEF Meeting

Piyush Goyal has said that India has contributed the least to global warming but is still being very responsible for fossil fuels Union Minister for Railways and Commerce, Piyush Goyal has said that India has contributed the least to global warming but is still being very responsible for fossil fuels, while the western world is […]

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Total, Marubeni JV Selected to Build 800 MW Solar Plant in Qatar

A consortium of Total and Marubeni has entered into agreements for the development of the Al Kharsaah Solar PV IPP Project, an 800 MW solar plant in Qatar. A consortium of Total (49 percent) and Marubeni (51 percent) has announced that it has entered into agreements for the development of the Al Kharsaah Solar PV […]

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