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renewable energy

NALCO Tenders for Room Construction for Rooftop Solar Batteries in Damanjodi

State-owned National Aluminium Company Ltd (NALCO) has floated a tender for the construction of room for batteries of rooftop solar units at the premises of its D.M. plant in S.P.P, NALCO, Damanjodi in Odisha. The scope of work includes the construction of room for batteries of rooftop solar units; dismantling of PCC, RCC and tar […]

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Carbon Neutrality in Mobility: Is it possible?

India is the third-largest emitter of greenhouse gases (GHGs) in the world after China and the US. To move towards carbon neutrality, being energy efficient is crucial. Economic growth is propelled by rapid urbanization and industrialization and manufacturing accounts for around onethird of global carbon dioxide emissions. Carbon emissions have increased threefold since the ‘70s. […]

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Shell, Eneco to Enter Dutch Tender for 759 MW Offshore Wind Project

Through their JV with CrossWind, Shell and Eneco will be participating in the tender for the 759 MW Hollandse Kust (Noord) offshore wind farm. Shell Nederland, a subsidiary of the Royal Dutch Shell, has announced its plans to create a green hydrogen hub in the port of Rotterdam in the Netherlands. The firm aims to […]

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Vestas Reports Operating Loss for Q1 2020 Despite Strong Sales

Vestas has issued its interim financial report for Q1 2020, reporting increased order intake and a booming order backlog amid an operating loss of EUR 54 mn Global wind turbine manufacturer Vestas has issued its interim financial report for the first quarter (Q1) of 2020. The firm has reported that its revenue increased compared to […]

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Spruce Finance Closes $124 Mn Residential Solar Financing Package

Spruce Finance has closed a USD 124 million debt financing deal for its portfolio of residential solar PPAs and leases with Vantage and Sequoia Spruce Finance, one of the largest private owner and operator of distributed generation solar and residential energy assets in the US, has closed a USD 124 million debt financing deal for its portfolio of residential […]

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SolRiver Closes on Equity Commitment to Acquire $200 Mn Solar Projects

SolRiver Capital has announced that it has closed an equity commitment from Rockland Capital to acquire up to USD 200 million of solar projects. SolRiver Capital, a solar investment fund that owns distributed-generation and utility-scale projects, announced that it has closed an equity commitment from Rockland Capital, an energy-focused infrastructure investment fund, to acquire up to USD 200 million of solar […]

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Peak Power Demand Still Down in May, Struggling at 134.7 GW

The peak power demand in India has remained low at 134.7 GW, being down by over 26 percent so far in May despite the easing of the nationwide lockdown The peak power demand in India has remained low at 134.7 GW, being down by over 26 percent so far in May. The low has been […]

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AVANGRID Becomes 3rd Largest US Wind Operator, Added 831 MW 2019

AVANGRID has reported that it is the third-largest US wind operator as it commissioned 831 MW of new wind projects in 2019. AVANGRID, inc recently released its 2019 Sustainability Report as it pledged to intensify its investments in a smarter, cleaner energy future throughout the pandemic crisis and beyond. The company reported that it is […]

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EDF Invites Indian Startups to Bring Innovative Solns for Electric World

EDF will provide selected startups with support to help improve their reputation and project, along with accessibility to EDF network and expertise to develop further business opportunities, and enabling them to move from planning phase to commercial roll-out. The company will also provide visibility on EDF digital platforms, along with a cash prize of up […]

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