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renewable energy

MNRE invites proposal for availing Green Climate Fund (GCF) support in renewable energy areas

The Ministry of New and Renewable Energy (MNRE) has invited proposals from State governments, industry, developers, electrical utilities, private and public institutions, international agencies and other stakeholders for availing Green Climate Fund (GCF) support in renewable energy areas. MNRE in a statement said proposals shall have potential to deliver transformative impact on climate change mitigation […]

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Tata Power Renewable Energy signs SPA to acquire Welspun Renewables Energy

Tata Power Renewable Energy Limited (“TPREL”), a 100% subsidiary of Tata Power, has signed a Share Purchase Agreement (SPA) with Welspun Energy (“WEPL”) to acquire its subsidiary Welspun Renewables Energy Private Limited (“WREPL”).  It is estimated to be Rs 9,500 crore ($1.4 billion) deal. This is one of the largest transactions in renewables space in […]

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Will continue to support renewable energy projects in India: OPIC

U.S. Government’s development finance institution, Overseas Private Investment Corporation (OPIC) has announced that it will continue to support early stage renewable energy projects in India. OPIC in a blog post said “this week’s historic agreement between the U.S. and India to address climate change recognizes the need for private investment and will work to support […]

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Indian Navy pledges 1.5% of its works budget towards renewable energy generation

Indian Navy completed two years of its Green Initiatives Programme on World Environment Day. On the occasion the Navy has set itself an aggressive target of 21 MW Solar PV installations, to be implemented in three phases. The initiative is in line with the National Mission of Mega Watt to Giga Watt towards achieving 100 […]

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Tata Power Renewable Energy bags 100 MW solar project in Karnataka under NSM

Tata Power Renewable Energy (TPREL) has bagged two solar grid connected photovoltaic projects of 50 MW capacities each in Pavagada Solar Park in the Tumkur district of Karnataka. The projects have been awarded through OPEN category under the Jawaharlal Nehru National Solar Mission (JNNSM) Phase-Il Batch-Il Tranche-l under ‘State Specific Bundling Scheme’. TPREL has received […]

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Eni aims to build 420 MW renewable energy generation projects in Italy, Pakistan and Egypt

Rome-based gas and oil company Eni has made new and important progress in its commitment to combatting climate change, creating an original model of integration between its traditional business and energy from renewable sources.  The company has announced to build up to 420MW of renewable plant in three countries. New renewable energy generation projects will […]

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India has emerged as the biggest renewable energy lab in the world: Richard Verma

US envoy Richard Verma on his visit to India said the country has emerged as the biggest renewable energy lab in the world and is at the threshold of dynamic growth in the deployment of smart grid technology. Verma, accompanied by other dignitaries visited Tata Power Delhi Distribution’s Smart Grid Lab in Rohini and Tata […]

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