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renewable energy investment

Mitsui to Sell Entire Stake in Solar, Wind Project in Canada

Tokyo-headquartered Mitsui has 30 percent stake in this project through its investment company MIT Renewable Inc. Mitsui & Co. Ltd, an arm of Japanese Mitsui Group, has signed a pact with Axium Infrastructure (Axium) in order to sell its entire shareholding in a Canadian project (i.e. C2C Power LP), having 679 MW of installed capacity. […]

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Uttar Pradesh Planning to Install Prepaid Smart Meters

The Uttar Pradesh government is planning to install prepaid smart meters for electricity consumption from mid-November, a senior official has announced The Uttar Pradesh government is planning to install prepaid smart meters for electricity consumption from mid-November. “We are planning to install prepaid smart meters for electricity consumption from November 15, 2019,” said Uttar Pradesh Energy Minister Shrikant Sharma. […]

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Siemens Gamesa Gets Firm Order for 376 MW Offshore Wind Project

Siemens Gamesa received a firm order from partners Macquarie’s GIG and Swancor Renewable Energy for the 376 MW Formosa 2 offshore wind project. The launch of the 376 MW Formosa 2 offshore wind farm project in Taiwan took a step closer to construction after Siemens Gamesa RE announced that it has received a firm order […]

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Is Chindia the Answer to India’s Manufacturing Puzzle?

When it comes to manufacturing in Solar, it is not a rankings fight globally. China settled that some time ago. By 2012 to be accurate. It’s a fight for the other 30 percent market share, be it with breakthrough innovations, temporary tariff protections or sheer cussedness as the US is doing right now. But eventually, […]

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Macquarie Acquires Additional Stake in Welsh Offshore Wind Farm

Macquarie has reached an agreement with Siemens AG to acquire an additional 10 percent stake in Gwynt y Môr Offshore Wind Farm in Wales. Macquarie Infrastructure and Real Assets (MIRA) has reached an agreement with Siemens AG to acquire an additional 10 percent stake in Gwynt y Môr Offshore Wind Farm in Wales. Gwynt y […]

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Aditya Aluminium Commissions 24 MW Solar Plant in Odisha

Aditya Aluminium has set up a 24 MW solar power plant in Sambalpur district in Odisha. Aditya Aluminium, a unit of the Metals business of the Aditya Birla Group has set up a 24 MW solar power plant at Lapanga in Sambalpur district in Odisha. According to the firm, the project perfectly fits into the […]

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Need to Grab Rooftop Solar Opportunity with Right Policy Structure: Sushil Bansal

The rooftop solar segment is still far behind achieving its target. The main reason behind this I believe is resistance from Discoms and inconsistent solar rooftop policies in every state. There is high potential in erstwhile slow-moving solar rooftop segment. Already there is awareness among rooftop consumers. The cost advantage is also present. There is […]

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ReNew Power Commissions 250 MW Solar Plant in Bikaner

Sumant Sinha has announced that the ReNew Power has successfully commissioned a 250 MW solar power plant in Bikaner, Rajasthan. ReNew Power Chairman and Managing Director Sumant Sinha has announced that the company has successfully commissioned a 250 MW solar power plant in Bikaner, Rajasthan. In a tweet, Sinha wrote that “on this auspicious day […]

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RWE Acquires 1.5 GW of Offshore Wind Capacity in Poland

RWE Renewables has acquired a pipeline of up to 4 offshore wind projects in Poland with a total generation capacity of more than 1.5 GW RWE Renewables has announced that the firm has acquired a pipeline of up to 4 offshore wind projects in Poland as part of its ambitions to enter the Polish offshore […]

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