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renewable energy power

BluPine Commissions Its First 120 MW Solar Project In Gujarat

Renewable energy project developer BluPine Energy today announced the successful commissioning of its 120 MW solar project in Gujarat. This project includes a 70 MW solar plant at Radhanpur and a 50 MW solar plant at Nenava, both located in the northern part of the state. The project achieved financial closure under the GUVNL 16 […]

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81% of RE Additions In 2023 Were Cheaper Than Fossil Fuels: IRENA

Renewables remain competitive despite fossil fuel prices returning closer to historical cost levels, concludes Renewable Power Generation Costs in 2023, released by the International Renewable Energy Agency (IRENA) at the Global Renewables Summit during the UN General Assembly in New York today. Of the record 473 gigawatts (GW) added in 2023, 81% or 382 GW […]

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Hybrid Solar, Wind Projects To Fuel Cochin Shipyard Operations

The Kerala government’s Energy Management Centre (EMC) has initiated plans to power Cochin Shipyard Limited (CSL) with renewable energy. To move forward with this initiative, a tender has been issued seeking consultants for the project. The last date of bid submission is September 30. Established in 1972, Cochin Shipyard Limited is a prominent shipbuilding and […]

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Himachal Pradesh To Invest In Pumped Storage projects

Himachal Pradesh Chief Minister, Thakur Sukhvinder Singh Sukhu said the State has decided to enter the sector of Pumped Storage Projects (PSPs). He said that PSPs are considered one of the most dependable mechanisms towards a balanced supply of power from renewable sources like solar and wind energy. Himachal has been the leader in mini-hydel […]

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SWREL Gets New Orders Of Rs. 512 Cr From Gujarat, Maharashtra

Sterling and Wilson Renewable Energy Limited (SWREL), a domestic renewable EPC received two new domestic orders from Private (IPPs) valued at Rs. 512 crore. It received this order from Gujarat and Maharashtra. It received an order for Engineering, Procurement, and Construction of a 200 MW AC / 250  MWp DC PV plant for a PV […]

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MP and UP to Collaborate on a 2 GW Solar Project

In what is probably a first at this scale for a renewable project, Madhya Pradesh (MP) and Uttar Pradesh (UP) are undertaking a new 2 GW solar power project which would help to meet the seasonal electricity demands of both states. Madhya Pradesh’s peak power demand usually coincides with rabi crop season between October and […]

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Zelestra Closes €132 Mn Financing For Its Gorbea Solar Plant In India

Spanish renewable energy firm Zelestra, has closed a €132 million (INR 1472 crores)  project financing package for its Gorbea solar photovoltaic plant in India. The financing was signed with HSBC, Credit Agricole, MUFG, and Bank of America. The facility, denominated in Indian Rupees (INR), is designated as green financing under Zelestra’s Green Financing Framework, aligning […]

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