SUBSCRIBE NEWS LETTER

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Leeward Closes $162.9 Mn Financing for Wind Farm in Colorado

US-based independent renewable energy power producer Leeward Renewable Energy (Leeward) has completed USD 162.9 million financings for its 170 MW Mountain Breeze wind farm in Colorado. Leeward is owned by OMERS Infrastructure, the infrastructure arm of one of Canada’s largest defined benefit pension plans. Further, the company will develop, own and operate this wind energy […]

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L&T Construction Bags Rs 1,000 – Rs 2,500 Cr Orders from Indian Railways’ SPV for Electrification

Conglomerate Larsen & Toubro’s construction arm, L&T Construction, has won significant contracts worth Rs 1,000 crore to Rs 2,500 crore for the electrification works from DFCCIL, a special purpose vehicle (SPV) of Indian Railways. The company has won this order through its Railways Strategic Business Unit in consortium with Kyosan Electric Manufacturing, a Japanese company […]

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BYD & Hino Alliance to Focus on Commercial EVs Development

BYD and Hino Motors have announced a new strategic business alliance agreement with a focus on collaborating in commercial battery EVs development. BYD Company Ltd and Hino Motors have announced the signing of a strategic business alliance agreement with a focus on collaborating in commercial battery electric vehicles (EVs) development. The two companies through the […]

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NHPC Raises Rs 750 Cr at 0.30% Lower Rate for 10 Yrs

State-owned NHPC Ltd has raised Rs 750 crore on Thursday through the private placement of bonds at a very competitive interest rate of 6.80 percent per annum. Further, the company has raised the loan amount for a period of 10 years. Its coupon rate is 6.80 percent, which is lowest in the current fiscal and […]

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Sterlite Power Commissions 765KV Khandwa Substation in MP

Few days after commissioning of Rs 1,027 crore Gurgaon Palwal Transmission Project (GPTL), Sterlite Power has now commissioned 765kV Khandwa substation in Madhya Pradesh (MP). This Khandwa substation is part of the company’s Khargone Transmission Limited (KTL) project, which will play an important role in stepping down the high voltage 1,320 MW power from Khargone […]

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Seraphim’s New 166mm Half-Cut Cell Module Offers Higher Efficiency with Less Cost

China based solar product manufacturer Jiangsu Seraphim Solar System (Seraphim) has unveiled its new high-efficiency 166mm half-cut cell module, which can save over 5 percent of the cost per watt in projects above 1MW against ordinary modules. This is a new generation of photovoltaic (PV) modules combining 166mm-size silicon wafers with multi-busbar (MBB) and half-cut […]

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REC Sanctions Rs 7 Cr to Ramp Up Relief Work Amid Lockdown; More to Come

The central public sector undertaking (CPSU) REC Ltd, via its CSR arm REC Foundation, has sanctioned Rs 7 crore in a step to speed up the relief work amidst lockdown due to the spread of the coronavirus pandemic. Concerned over the plight of daily wagers, the navratna non-banking finance company (NBFC) said that more such […]

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Amid Lockdown, India to boost Discoms With Electricity Despite Dues

Generation, transmission firms in India will be involved in the continuous supply and transmission of electricity to Discoms despite their outstanding dues In India, the central public sector undertaking (CPSU) generation and transmission companies will be involved in the continuous supply and transmission of electricity to distribution companies (Discoms) despite the huge outstanding dues. As […]

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Siemens Gamesa Secures 184 MW Wind Turbine Orders in Poland

Siemens Gamesa has continued its winning streak in Poland following the award of 3 projects totaling 184 MW at the last auction round held in December 2019. Siemens Gamesa Renewable Energy has announced that it has continued its winning streak in Poland following the award of three projects totaling 184 MW at the country’s last […]

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