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renewable energy power

Power Regulator CERC Appoints Jishnu Barua as Chairperson

Jishnu Barua has assumed charge of power regulator CERC (Central Electricity Regulatory Commission) as the Chairman. The newly appointed Chairperson was administered the oath by MNRE Minister R K Singh. Barua had been appointed to the post of the Chairperson on 27 February. He was the Chief Secretary of Assam from October 2020 to August […]

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Assam Issues RFS for Procurement of 50 MW Solar Power

Assam Power Distribution Company Ltd (APDCL) has issued an RFS for the procurement of of 50 MW (AC) solar power from grid-connected ground mounted solar PV project to be developed in no. 3 Sitalmari Village under Borsola Revenue Circle, Dhekiajuli, Sonitpur District of Assam. It will be on Build-Own-Operate mode (BOO) through tariff-based competitive bidding […]

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Adani Green Energy Records India’s Largest Operating Renewable Portfolio at 8,024 MW

Adani Green Energy (AGEL) has revealed that its 700 MW hybrid green energy project has been set into operation, following which, the firm’s cumulative operating renewable portfolio has reached 8,024 MW. This is India’s largest operating renewable portfolio. The said project is AGEL’s fourth wind-solar hybrid power plant that is fully in operation in Rajasthan’s […]

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Tata Power RE Ltd (TPREL) Gets Second Slice of INR 2,000 Cr Infusion from GreenForest

Tata Power Renewable Energy Limited ((TPREL) is set to lead in the renewable business as it has received the second and final round of investment of INR 2,000 crore from GreenForest New Energies Bidco Limited (GreenForest). Tata Power has successfully allotted 20 crores compulsorily convertible preference shares (CCPS) at face value of ₹100 each at […]

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Germany’s Consul General Says Germany Looking to Partner with K’taka on Renewable Energy

Achim Burkart, Consul General, German Consulate, Bengaluru, has said that Germany is looking for partnership with Karnataka. The country is eager to work with the Indian state on green and renewable energy projects. Burkart established that Karnataka boasts of the highest share of renewable energy mix. This fact makes it an ideal destination for exploring […]

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OYA Renewables Secures $216 Million For New York Community Solar Pipeline

US based energy transition solutions platform OYA Renewables has announced that it has secured a total of $216 million in financial backing for the construction of as many as 15 community solar development projects throughout the state of New York. This is expected to give a fresh push to community based solar power in the […]

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EDF Renewables Acquires 529 MWp Solar Portfolio from MEC Energy in Germany

Global renewable energy player EDF Renewables has acquired 17 greenfield solar photovoltaic projects with a total capacity of 529 MWp from MEC Energy, a renewable project developer based in Germany. In the transaction, Capcora, a German consulting company, acted as the exclusive sell-side M&A advisor MEC Energy which is a German project developer and part […]

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RWE, Northland Power Select Vestas for 1.6 GW Offshore Wind Cluster

Global wind energy developers RWE and Northland Power have announced that they are making significant progress on the deployment of their Nordseecluster. The companies have selected Vestas as the preferred supplier for their up to 1.6-gigawatt (GW) cluster consisting of four offshore wind farm sites in the German North Sea. RWE said that a minimum […]

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NTPC Transfers 15 Renewable Energy Assets Worth Over Rs 10,000 Cr to Subsidiary NGEL

India’s largest power utility NTPC has transferred 15 renewable energy assets worth Rs 10,0066.99 cr to its wholly-owned subsidiary, NGEL (NTPC Green Energy Ltd). The transfer was achieved under a Business Transfer Agreement under the aegis of the National Monetization Pipeline (NMP) of Government of India. The NMP sets mandate for the transfer of revenue […]

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