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Duke Energy Completes Sale of 1.2 GW Renewable Assets to John Hancock

Duke Energy has completed the sale of a minority interest in a portion (1.2 GW) of its commercial renewable energy portfolio to John Hancock North Carolina-based power utility, Duke Energy has announced that it has completed the sale of the previously announced minority interest in a portion (1.2 GW) of its commercial renewable energy portfolio […]

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European Utilities, Strategic Vendors Dominate EV Charging M&A Activity

Strategic vendors and European utilities were responsible for over 80 percent of EV charging M&A activity from 2010 through H1 2019 A new report has revealed that strategic vendors – companies that offer products or services in the EV market – and European utilities were responsible for over 80 percent of electric vehicle (EV) charging […]

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SECI Extends Bid Deadline for two Solar Tenders Worth 2700 MW

SECI has extended the bid submission deadline for two solar tenders, the 1500 MW CPSU-II and the 1200 MW (ISTS-VI). The Solar Energy Corporation of India (SECI) has extended the bid submission deadline for two solar tenders, the 1500 MW CPSU-II and the 1200 MW (ISTS-VI). The nodal agency has extended the bid submission deadline […]

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Payment Dues to Renewable Firms Now at Rs 9735.6 Crore

The CEA has revealed that the total payment dues for the 513 active renewable energy projects in the country, as of July 31, 2019, was Rs 9735.6 crore. The latest report issued by the Central Electricity Authority (CEA) has revealed that the total payment dues for the 513 active renewable energy projects in the country, […]

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UN HQ Gets Solar Panels as Goodwill Gift From India

The UN Building in New York will now be powered by solar panels, given as a goodwill gesture by India to promote clean and renewable energy The UN Head Quarters and office in the New York will now be powered by Solar Panels. These installed panels on the roof of the building are a gift […]

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IFC Raises $569 mn From 1st Canadian Green Bond

IFC has issued its 1st Canadian dollar green bond, raising USD 569 million for climate-smart business. The International Finance Corporation (IFC), a member of the World Bank Group, has issued its first Canadian dollar green bond, attracting strong investor demand and raising CAD750 million (USD 569 million) for climate-smart business. The proceeds of the five-year […]

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Solar Leads as RE Investment Skyrocket Past $2.5 Trillion

In the last ten years, the investments in the renewable energy sector have crossed the threshold of 2.5 Trillion dollars with solar at the top. The decade of investment (2010‐2019) quadruples renewables capacity from 414 GW to about 1,650 GW Solar capacity alone will have risen to more than 26 times the 2009 level — […]

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THDCIL Receives Bids for Rs 3215 cr Against Rs 1500 cr Bond

THDCIL has received bids for Rs 3215 crore in response to its corporate bond series-II of Rs 1500 crore with a greenshoe option of Rs 1000 crore THDC India Limited (THDCIL), a joint venture of Government of India and Government of Uttar Pradesh, which was incorporated to develop, operate and maintain the 2400 MW Tehri […]

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MNRE Directs SECI, NTPC to Release Bank Guarantees for RE Projects in 45 Days

MNRE has directed SECI and NTPC to release the Performance Bank Guarantees for the solar and wind energy projects in 45 days The Ministry of New and Renewable Energy (MNRE) has directed the Solar Energy Corporation of India (SECI) and NTPC Ltd., the two leading state-owned agencies involved in the renewable energy sector to release […]

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