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renewable power in India

Sterling and Wilson Renewable’s Shilpa Urhekar Joins Gensol as CEO

Shilpa Urhekar, previously, the Country Head (India) at Sterling and Wilson Renewable Energy has joined Gensol Engineering Limited, which specialises in solar power engineering, procurement, and construction (EPC) services, along with electric mobility solutions as its new Chief Executive Officer (CEO) for Solar EPC (India). Ms. Urhekar will succeed Ali Imran Naqvi who has been […]

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Orient Green Power To Raise Rs 250 Cr Through Equity Rights Issue

Orient Green Power Company has announced its plans to raise up to Rs 250 crore through the issue of equity rights to its existing shareholders. The company further said in its regulatory filing that the issue of equity shares with a face value of Rs 10 each of the Orient Green Power Company is proposed […]

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News in Briefs May 17- Indians On Global Warming, Blupine & Anganwadi Workers, Honeywell-Enel North America

91 Percent of People in India are Worried About Global Warming Large majorities of the Indian public say global warming is happening, a serious threat to India, and support government action on climate change, according to results from a nationally representative survey released in the United States by the Yale Program on Climate Change Communication […]

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ADB Approves $148.5mn To Boost RE, Power Distribution In Sikkim

The Asian Development Bank (ADB) has approved a $148.5 million loan to help strengthen, modernize, and climate-proof distribution systems to enhance the reliability, quality, and resilience of electricity supply in Sikkim, India. The scope of work also includes boosting renewable energy systems.  Philippines-headquartered ADB will help develop a financial sustainability strategy and a plan to […]

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SaurEnergy Explains: A Guide to Green Power Trading

The world has witnessed exponential growth in the renewable energy sector, particularly over the last decade, as the importance of renewable energy has become common knowledge. According to one IRENA report, 2023 set a new record in renewables deployment in the power sector by reaching a total capacity of 3,870 Gigawatts (GW) globally. Furthermore, renewables […]

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Enfinity Global Finances 1.2 GW Solar, Wind Power Plants In India

US-based Enfinity Global Inc., today announced that it has signed $135 million in financing for the development and construction of 1.2 GW of solar and wind projects in India. The financing is being provided by the Canada Pension Plan Investment Board (CPP Investments) through subsidiaries of CPPIB Credit Investments Inc. The projects in this portfolio, […]

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India’s Annual RE Capacity To Remain At 15-18GW Over FY25-FY26: Report

India Ratings and Research (Ind-Ra) expects the annual renewable capacity addition to maintain pace and remain at 15-18GW over FY25-FY26, owing to a significant reduction in equipment prices, continued policy support, availability of liquidity and investment plans of some of the large corporate players in the renewable sector for growth. However, the execution timelines of […]

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With The Rise Of RE, India’s New Coal Capacity Sees Record Drop: Report

A latest report by the Institute for Energy Economics and Financial Analysis (IEEFA) said that renewable energy accounted for 71.5% of the record 13,669 megawatts (MW) power generation capacity added by India in the first quarter (Jan-Mar) of this year (2024), while coal’s share (including lignite) of total power capacity dropped below 50% for the first […]

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May 14- Renewable Pack Outpaces Market Recovery

On a day that the market recovered somewhat, green energy stocks easily outpaced the market recovery, save for Waaree Renewable Technologies, which remained locked at the lower circuit breaker of 5%. KPI Greem Shakti Pumps were both locked at the upper circuit, exhibiting the strong demand still around for these firms. Adani Green, Tata Power […]

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