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renewables

Sungrow Launches New 1500V Energy Storage System

This containerised solution integrates energy storage inverters, lithium-ion batteries and medium-voltage transformers, which significantly saves on initial investment and upcoming O&M costs.     As a global leading inverter solution supplier for renewables, Sungrow is showcasing multiple solutions at the ongoing Energy Storage Europe exhibition. These solutions help plant owners utilise solar energy efficiently before and even after […]

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World Bank and AfDB Commit $ 47 billion For African Climate Finance

The World Bank and the African Development Bank have together committed close to $47 billion to African countries, for the period up to 2025 to fight climate change. In a significant announcement to provide much-needed financing for African countries likely to face the increasing effect of climate change, the funds’ pipe from the World Bank […]

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Trine Helps Greenlight Planet Secure Financing For Off-Grid Solar Projects in India

The strategic partnership between Trine and Greenlight Planet sets out to answer the off-grid solar industry’s strong demand for innovation in distribution and financing. Swedish investment firm, Trine, which enables individuals to invest in renewables sustainably has joined forces with Greenlight Planet, a provider of off-grid solar products, to secure a Euro 1.8 million (Rs 14 […]

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CERC Issues New Regulation For Cross Border Trade of Electricity

India looks set to improve its position as an electricity exporting nation with new guidelines issued by CERC for seamless cross border trade of electricity. The Central Electricity Regulatory Commission (CERC), in accordance with the guidelines on import and export of electricity issued by the Ministry of Power earlier this year, has issued new guidelines […]

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ReNew Power Concludes $375 Mn Green Bond Issue

The capital raised through the green bond issue will be utilised for refinancing of outstanding external commercial borrowings and as Capex in eligible green projects. ReNew Power Limited, one of India’s largest renewable energy Independent Power Producer (IPP) has successfully concluded a green bond issue of US$ 375 million. The five-year non-call two notes were […]

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Greenko ropes in Siemens for 46% stake in Poovani Project

German power and energy major Siemens confirmed on Monday that its financial services arm has picked up 46 percent stake in Greenko Group’s 200 MW Poovani wind power project in Tamil Nadu for an undisclosed amount. Its financial subsidiary Siemens Financial Services (SFS) has signed a definitive agreement with Greenko Group for the 46 percent equity investment, making […]

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SECI Issues Three NITs to Set-Up Solar Projects in UP, MP, Andhra

The detailed Request for Selection Document (RfS) for all the three solar power projects in UP, MP and AP respectively will be available for download for interested bidders latest by April 30, 2019. The Solar Energy Corporation of India (SECI) has issued three Notice Inviting Tenders (NITs), inviting online bids for the development of solar PV […]

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The Solar Sector Needs More Women. Here’s Why

As Rooftop Solar, Distributed solar and even corporate buying markets develop, its time for the renewable power sector to fix its gender imbalance. On International women’s day, its a good time to put the spotlight on the missing women in the solar power and broader renewable power sector. Among the brightest spots for the Modi […]

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NIT For 1800 MW Wind Projects in India (Tranche-VIII)

The detailed RfS Document shall be available for download by March 29, 2019. The Solar Energy Corporation of India (SECI) has issued tender inviting bids for setting up of 1800 MW ISTS-Connected Wind Power Projects (Tranche-VIII) on a pan India basis.  The detailed Request for Selection (RfS) Document shall be available for downloading by March 29, 2019, onwards […]

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