SUBSCRIBE NEWS LETTER

renewable power in India

Bright Canyon Energy Acquires Ownership Interests in 2 Wind Farms

Tenaska and Bright Canyon Energy announced that Bright Canyon has acquired ownership interests in two Tenaska-developed wind projects worth 492 MW. Independent energy company Tenaska and Bright Canyon Energy announced that Bright Canyon has acquired ownership interests in two Tenaska-developed wind projects. The transaction, which closed December 20, 2019, includes the purchase of indirect minority interests in both Tenaska Clear […]

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Vestas Announces Target to Become Carbon Neutral by 2030

Vestas has worked with customers to reduce greenhouse gas emissions and now it plans to be a carbon-neutral company by no later than 2030 For Vestas, the reality of the climate crisis is at the centre of its business. In more than 40 years of pioneering and leading the wind energy industry, it has worked […]

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Zero Carbon Electricity Outstrips Fossil Fuels in the UK for 2019

2019 was the cleanest year on record for the UK as, for the first time, the amount of zero-carbon power outstripped that from fossil fuels for a full year 2019 was the cleanest year on record for the United Kingdom (UK) as, for the first time, the amount of zero-carbon power outstripped that from fossil […]

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SECI Issues RfS for 1200MW ISTS-Connected Solar Projects

The last date for bid submission is February 04, 2020, and the earnest money deposited (EMD) is Rs 4 lakh per MW per project. State-owned Solar Energy Corporation of India (SECI) has issued its Request for Selection (RfS) document for the selection of developers to set up 1200 MW of ISTS-connected solar photovoltaic (PV) power […]

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Taaleri Exits 3 Wind Farms Worth 73.2 MW in Finland

Taaleri will divest part of wind investment portfolio by selling shares in 3 wind farms in Finland to a consortium of Korean institutional investors Finnish wealth management group headquartered in Helsinki, Taaleri has announced that funds managed by it have agreed to divest part of their wind farm investment portfolio by selling their shares in […]

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Adani Green’s Arm Commissions 75MW Wind Project; Shares Hit 52Wk High

Ahmedabad headquartered Adani Green Energy Ltd (AGEL) said that it has commissioned new 75 MW wind energy project through its subsidiary Adani Renewable Energy. The project has been commissioned under the 25 year PPA with Maharashtra Discom MSEDCL at a tariff of Rs 2.85/kWh. The company said in a filing to the stock exchanges that […]

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EESL Tenders for 1.8 Lakh Off-Grid Solar Pumps Under KUSUM Scheme

EESL has tendered for the commissioning of over 1.8 lakh off-grid solar water pump systems across India under the PM KUSUM) scheme The Energy Efficiency Services Limited (EESL) has issued a tender, invited bids from eligible vendors for the supply and commissioning of over 1.8 lakh off-grid solar water pumps across India under the Pradhan […]

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ICRA Revises Outlook from Stable to Negative for RE Sector

On the back of delays in both payments from Discoms and execution of projects, credit rating agency ICRA has revised the year-end outlook for India’s renewable energy (RE) sector from ‘stable’ to ‘negative’. According to the rating agency, country’s renewable energy sector is facing headwinds due to long pending payments by the state Discoms (power […]

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