SUBSCRIBE NEWS LETTER

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Pre-bid Meeting for SECI’s 1200 MW Wind Tender to be Conducted Virtually

SECI has announced that the pre-bid meeting for its 1200 MW (Tranche-X) wind tender will be conducted virtually through video-conferencing. The Solar Energy Corporation of India (SECI) has announced that the pre-bid meeting for its tender for selection of Wind Power Developers (WPDs) for setting up of 1200 MW ISTS-connected wind power projects in India […]

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MUFG Gets Green Certification for Softbank’s 900 MW PV Project in India

MUFG Bank has acted as the sole green structuring advisor for a USD 333 million financing deal for SoftBank’s 900 MW solar project in India. MUFG Bank has announced that it has acted as the sole green structuring advisor for a USD 333 million financing deal for SoftBank’s latest and largest solar project in India. […]

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EDF, Capgemini to Offer Smart Meters and Grid Across key Markets Including India

EDF International Networks and Capgemini have partnered to confirm their position as major players for emerging smart grid projects worldwide EDF International Networks, a subsidiary of the EDF Group, and Capgemini have signed a partnership agreement to combine their expertise and together confirm their position as major players for emerging smart grid projects worldwide. The […]

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ICRA Grants First ‘Stable’ Rating to GMPL in EV Bus Segment India

ICRA has assigned [ICRA]A- (Stable) to Greencell Marudhara Private Limited, GMPL, the EV bus fleet operator for RSRTC in Rajasthan. Investment Information and Credit Rating Agency of India Limited (ICRA) has assigned A- (Stable) to Greencell Marudhara Private Limited, GMPL, the electric vehicle bus fleet operator for the Rajasthan State Road Transport Corporation (RSRTC) in […]

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Gujarat’s Borosil Renewables Raises Rs 200 Crore via QIP

Borosil Renewables has raised Rs 200 crore by issuing 1.58 crore shares through qualified institutional placement (QIP) India’s first and only solar glass manufacturer Borosil Renewables Ltd (BLR) has raised Rs 200 crore by issuing 1.58 crore shares through qualified institutional placement (QIP). As per the company’s statement, BRL has successfully completed fundraising of Rs […]

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MoU Signed Between Banks and BEE for Power Efficiency Projects

APSECM will enter into an MoU with the BEE for facilitating the financing of energy-efficiency projects in the state under PRGFEE scheme. Andhra Energy Secretary Srikant Nagulapalli said that the committee of financial institutions, empanelled by AP State Energy Conservation Mission (APSECM), will enter into a memorandum of understanding (MoU) with the Bureau of Energy Efficiency (BEE) for […]

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Veolia Secures Blade Recycling Contract in the US With GE Renewable Energy

GE Renewable Energy has signed a multi-year agreement with Veolia to recycle blades removed from its US-based onshore turbines during upgrades and repowering efforts. GE Renewable Energy has announced that it has signed a multi-year agreement with Veolia North America (VNA) to recycle blades removed from its US-based onshore turbines during upgrades and repowering efforts. […]

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1400 GW of Offshore Wind Achievable by 2050 With Increased Govt Commitment: OREAC

OREAC is calling on governments to ramp up their offshore ambition to achieve the coalition’s vision of 1400 GW of offshore wind by 2050 The Ocean Renewable Energy Action Coalition (OREAC) is calling on governments to ramp up their offshore renewable energy ambition to achieve the coalition’s vision of 1400 GW of offshore wind by […]

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The Risk In Renewables, And How To Reduce It

The Fourth Plenary session at REINVEST 2020 looked at the risks in investing in renewables in India, and ways to mitigate those risks. A panel with India’s leading renewable financiers, developers and global players narrowed down the key issues and some possible solutions. Pankaj Jain, Additional Secretary, Department of Financial Services, Ministry of Finance, moderated […]

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