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Wells Fargo & Ameresco to Install Solar Assets at Nearly 100 Wells Fargo Properties

New rooftop, carport and ground mount systems installed at Wells Fargo retail and corporate locations across the U.S. will generate about 45,000 megawatt hours annually Ameresco and Wells Fargo today announced a collaboration to develop and install approximately 30 megawatts (MW) of new, onsite solar generation assets at corporate and retail locations in seven states. […]

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Loans Worth Rs 1.25 Lakh Cr so far Under Discoms Liquidity Package

Loans worth nearly Rs 1.25 lakh crore have been sanctioned so far by PFC and REC Ltd under the liquidity package for stressed power Discoms Loans worth nearly Rs 1.25 lakh crore have been sanctioned so far by state-owned non-banking finance firms Power Finance Corporation (PFC) and REC Ltd under the liquidity package for stressed power distribution […]

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Siemens Gamesa Renewable Energy Selects Infosys to Deliver ERP System

Infosys has been selected by Siemens Gamesa as a strategic partner for SAP S/4HANA implementation to deliver a globally harmonised ERP system. Infosys, a global leader in next-generation digital services and consulting, has been selected by Siemens Gamesa Renewable Energy (SGRE), a global leader in the renewable energy industry, as a strategic partner for SAP S/4HANA implementation to […]

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SECI to Tender for 1785 MW of Solar PV Projects in Rajasthan Soon

SECI intends to procure solar power for an aggregate capacity of 1785 MW on behalf of the Discoms of Rajasthan and will be issuing a tender soon. The Solar Energy Corporation of India (SECI) has informed that it intends to procure solar power for an aggregate capacity of 1785 MW on behalf of the Discoms […]

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Power Sector Non-banking Financier PFC Raises $500 Mn Through Bonds

Power sector Non-Banking Financial Company (NBFC), Power Finance Corporation (PFC), has raised USD 500 million on January 29, 2021, through the issuance of dollar-denominated Bonds with a fixed maturity of May 16, 2031. This is the longest tenor bond issuance from India since the start of 2021.  The bonds have a fixed coupon of 3.35 percent per […]

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Alok Kumar Assumes Power Secretary Role, Taking Over From Sanjeev Sahai

Alok Kumar, a 1988 batch IAS officer of UP cadre, has taken over as Union Power Secretary, succeeding Sanjeev Nandan Sahai. Ministry of Power welcomes Shri Alok Kumar, the new Secretary(Power) pic.twitter.com/zXFcIKGOnn — Ministry of Power (@MinOfPower) February 1, 2021 Alok Kumar, a 1988 batch Indian Administrative Service (IAS) officer of Uttar Pradesh cadre, on Monday took over as Union Power Secretary. Kumar will succeed Sanjeev Nandan Sahai, […]

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Adani Green Energy Commissions 100 MW Solar Plants in UP, Ahead of Schedule

Adani Green Energy has announced that its subsidiary ASE4PL has commissioned 100 MW (2 x 50 MW) solar power plants in UP. Adani Green Energy Limited (AGEL) has announced that its wholly-owned subsidiary ASE4PL has commissioned 100 MW (2 x 50 MW) solar power plants at Jalalabad in Shahjahanpur district and Sahaswan in Budaun district […]

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Budget 2021 Reactions. Industry Welcomes Broad Direction, Hopes For Specifics

The Union Budget 2021, for all its usual detractors, has been welcomed in more ways than one. While the stock markets seem to have welcomed the bold moves to junk fiscal limitations and go for high spending to revive the economy, the industry has welcomed it for more reasons. One couldn’t help but notice during […]

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WAAREE Supplies 23 KwH Li-Ion Batteries to ACE Ltd for Forklifts

Surat based Lithium-Ion Batteries manufacturer, WAAREE ESS Pvt. Ltd has recently designed, developed, and supplied a high capacity 23KWhr lithium battery for 3 Ton forklift applications of ACE Ltd (Action Construction Equipment Ltd). These forklifts outfitted with WAAREE lithium batteries have now been deployed at Chennai airport and operating for 12 hrs per day. The […]

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