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Sterlite Power Secures Rs 2,024 Cr Funding from IndusInd Bank, L&T Infra for Transmission Project in Gujarat

Global player in the power transmission space Sterlite Power has secured funding for about Rs 2,024 crore for its power transmission project in Gujarat. The company said that, it has achieved financial closure for its Lakadia Vadodara Transmission Project Ltd (LVTPL). It further added that, we have secured funds worth Rs 2,024 crore from IndusInd […]

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LONGi Rated With Highest Altman-Z Score by BloombergNEF

LONGi has been rated with the highest Altman Z score of all the publicly quoted pure-play solar manufacturers by BloombergNEF In February, BloombergNEF, a leading provider of global PV business dynamics and financial information had released the “1Q 2020 Global PV Market Outlook”. LONGi, which is one of the world’s leading solar module manufacturer, was […]

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PGCIL Subsidiary Granted Transmission License for 2 GW RE Projects in Gujarat

CERC has granted a transmission license to a PGCIL subsidiary to establish transmission system for providing connectivity to 2 GW of RE Projects in Gujarat The Central Electricity Regulatory Commission (CERC) has granted a transmission license to Powergrid Bhuj Transmission Limited (PBTL), a wholly-owned subsidiary of Power Grid Corporation of India (PGCIL) to establish the […]

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MHI Vestas Secures 1st Firm Order in Japan for 139 MW Offshore Wind Projects

Akita Offshore Wind Corporation has completed a firm turbine supplier agreement with MHI Vestas for a 139 MW offshore wind farm project in Japan Akita Offshore Wind Corporation (AOW) has completed a firm turbine supplier agreement with MHI Vestas for the Akita Noshiro Offshore Wind Farm Project. This is the first firm order in Japan that […]

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Sungrow Inks Pact with Panasian Power to Boost its Inverter Supply in Sri Lanka

Sungrow, which is among the world’s most bankable inverter brands with more than 100 GW installations, has recently entered into a distribution pact with Panasian Power PLC, a Sri Lanka-based supplier of clean and renewable energy to Sri Lankan national grid. The China-based central and string inverters supplier said that, Panasian Power PLC is the first official […]

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AES Achieves 2019 Strategic and Financial Goals Thanks to Green Push

The AES Corporation has reported its financial results for 2019, claiming to have met all its strategic and financial goals by accelerating its green energy push. The AES Corporation has reported its financial results for the year ended December 31, 2019, claiming to have met all its strategic and financial goals for the final year […]

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Singapore-based Vena Energy Issues $325 Mn Green Bond

Vena Energy has announced the successful issuance of a benchmark USD 325 million (5-year 3.133 percent fixed rate) green bond offering. Vena Energy, one of Asia-Pacific’s leading independent power producers (IPP) and pure renewable energy company, has announced the successful issuance of a benchmark USD 325 million (5-year 3.133 percent fixed rate) green bond offering. […]

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NTPC Invites Bids for Development of Wind Projects Worth 600 MW

NTPC Ltd has issued an IFB for setting up of ISTS-connected wind energy project(s) up to a capacity of 600 MW anywhere in India. NTPC Ltd has issued an Invitation for Bids (IFB), inviting online bids from eligible bidders for setting up of ISTS-connected wind energy project(s) up to a capacity of 600 MW anywhere […]

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Tesla, PG&E get Approval for Proposed 1.1 GW Storage Facility in California

Tesla has received the approval from the local authorities to build its massive 1.1 GWh Megapack battery energy storage system facility in California. Electric Vehicle major Tesla has received approval from the local authorities to build its massive 1.1 GWh Megapack battery energy storage system facility, which is backed by PG&E, in California. Earlier this […]

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