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OPIC Provides Initial Financing to $85 Mn Solar Energy Transformation Fund

The fund supports businesses providing solar solutions to some of the millions of people in India and Sub-Saharan Africa who lack access to electricity. The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, has provided initial financing to SunFunder’s $85 million Solar Energy Transformation Fund which supports businesses providing solar solutions to […]

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Fitch Ratings Assigns BB(EXP) Rating to ReNew’s USD Notes

Fitch Ratings has assigned an expected rating of ‘BB (EXP)’ to the proposed US dollar fundraising of ReNew RG II. Fitch Ratings has assigned an expected rating of ‘BB (EXP)’ to the proposed US dollar fundraising of ReNew RG II, which is a restricted group of subsidiaries owned by ReNew Power Ltd.  “The rating of the proposed notes reflects […]

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EESL & BRPL to Launch Super-Efficient Air Conditioning Programme

EESL and BSES have joined hands to implement a 12-month pilot of the Super-Efficient Air Conditioning programme. Energy Efficiency Services Limited (EESL), a joint venture of four National Public Sector Enterprises under Ministry of Power, Government of India, has launched its Super-Efficient Air Conditioning Programme for residential and institutional consumers in the BSES area. EESL […]

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CEL Issues Tender For Solar Power Evacuation at Ansarwada SS

The last date of bid submission is February 28, 2019. The Central Electronics Limited (CEL)has issued a tender for deployment of solar power evacuation at Ansarwada Substation for Nilanga subdivision of Latur Circle, Maharashtra. The detailed scope of work for the selected bidders will include all the land development activities, design, engineering, procurement & supply […]

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Wish List for The Final 2019 Budget

In a year when the country heads for general elections, the renewable sector has reason to look forward to a good final budget, from whoever comes to power. This is because the renewables sector has been an undisputed success story for India, and no government should be doing anything to slow it down. For the […]

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NTPC Invites Applications For Enlistment of Wind Energy Developers

The last date for application submission is February 27, 2019. NTPC Ltd. has issued a Notice Inviting Applications (NIA), inviting bids from eligible bidders for the enlistment of Wind Energy Projects (WEP) anywhere in India of NTPC. The brief scope of work for enlisted wind energy developers will include, the design, engineering, micro-siting, manufacture, supply, […]

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The URGE for “Li” Vault

Nowadays, power storage has become vital on the back of its rapid response even at the time of peak demand, as most of the power storage technologies began transmitting power back to the grid within milliseconds. Moreover, storage technologies not only help in bolstering the use of electric vehicles but also help in reducing carbon […]

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We Welcome The Govt Decision For 2nd Phase of RTS Scheme: Praveer Sinha

Heavy front-ended investment of RTS has been the single biggest challenge holding back its deeper penetration, particularly in rural and semi-urban parts of the country, Sinha said. In a bid to achieve the ambitious targets of 40 GW cumulative capacity from Rooftop Solar (RTS) Projects by 2022, the government has provided its consent for the […]

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Solar Crosses 28 GW Mark in India : BTI

Only 1,446 MW of new capacity additions were made in the October-December 2018 period, of which 990 MW was in utility-scale solar and 456 MW in rooftop solar. India’s total solar energy generation capacity at the end of December, including the 3.85 GW rooftop segment, stood at 28.05 GW according to a report by the […]

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