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renewable energy power

GE Selected by SB Energy for 327 MW Wind Plant in Madhya Pradesh

GE Renewable Energy has been selected by SB Energy to supply, install and commission 121 wind turbines, cumulating 327 MW, in Madhya Pradesh. GE Renewable Energy has announced that it has been selected by SB Energy (SoftBank Group) to supply, install and commission 121 sets of its 2.7-132 onshore wind turbines, cumulating 327 MW, to […]

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Greenbacker Expands into California Power Optimization Sector with Stem

Greenbacker Renewable Energy Company announced today that on September 30, 2020, through a wholly-owned subsidiary, it purchased the rights to Rodeo Energy Storage LLC, a 10 MW / 21.3 MWh portfolio of 20 behind-the-meter energy storage systems, which were developed and will be constructed and operated by Stem, Inc. (“Stem”), the global leader in artificial […]

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Wind Energy arm of CLP India Raises Nearly Rs 300 Crore via Green Bonds

CLP Wind Farms (India) has raised Rs 296.9 crore through non-convertible debentures/ green bonds. CLP Wind Farms (India), the wind energy subsidiary of CLP India, has announced that it has raised Rs 296.9 crore through non-convertible debentures/ green bonds. “CLP Wind Farms (India) Private Ltd, a subsidiary of CLP India Private Ltd (CLP India), has […]

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Tata Power to Develop 100 MW Solar Project at Dholera Solar Park

Tata Power has received the LOA from GUVNL to develop a 100 MW solar project in Dholera Solar Park of Gujarat. Tata Power, India’s largest integrated power company, has announced the receipt of a Letter of Award (LOA) from the Gujarat Urja Vikas Nigam Limited (GUVNL) on October 9, 2020, to develop a 100 MW […]

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Renewable Energy Investments can Surge 35% Through FY23 in India: CRISIL

Whetted global investor interest and enabling regulations can fuel a 35 percent growth in renewable energy investments in India through FY 2023. A new CRISIL analysis has estimated that by stimulating global investor interest and enabling regulations, India can fuel the addition of as much as 35 GW of renewable energy (solar and wind power) […]

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Power Minister Iterates Plan To Overhaul Regulation, Enforcement Soon

India’s power ministry is pushing for an overhaul of electricity regulation and enforcement of contracts in order to stem losses of the state-run distribution companies that have burdened the sector. On solar imports, plans afoot to draw up a list of approved manufacturers for allowing imports. The weak financial condition of distribution companies hurts their […]

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IEA Predicts Global Energy Demand Recovery Only In 2025, Key Solar Role

The International Energy Agency (IEA), in its annual World Energy Outlook 2020, (WEO-2020) has predicted a return to normalcy for world energy demand only by 2025. This is mainly due to the sluggish recover being experienced from the Covid pandemic worldwide, including fears of a second wave of infections in key markets like Europe and […]

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“We need to increase our per capita energy consumption three-fold”

Jaideep Mukherji, CEO, Smart Power India (SPI), has been a strong advocate of access to reliable electricity for the last mile. SPI, a subsidiary of The Rockefeller Foundation, was established in 2015 to develop and scale sustainable models to accelerate electricity access and spur economic development amongst the rural underserved communities. In recent years, SPI […]

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NTPC Incorporates a Subsidiary for its Renewable Energy Business

NTPC Ltd has announced that it has officially incorporated a subsidiary for its renewable energy business. State-owned NTPC Ltd, India’s largest energy conglomerate, has announced that it has officially incorporated a subsidiary for its renewable energy business. “NTPC Ltd has incorporated a wholly-owned subsidiary, in the name of NTPC Renewable Energy Ltd with the Registrar of Companies, NCT […]

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