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IL&FS to Monetise its Green Energy Portfolio Worth Rs 8,000 Crore

This comes on the backdrop of IL&FS already having received a good response for the potential sale of its two arms. Debt laden Infrastructure Leasing & Financial Services has decided to monetize its renewable energy assets worth Rs 8,000 crore and has initiated the process to sell its controlling stake in green energy business as […]

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SUN Mobility Partners with SmartE for EV infrastructure

SUN Mobility is a leading provider of energy infrastructure and services for electric vehicles and SmartE is India’s largest electric vehicle fleet operator. SUN Mobility has announced a partnership with SmartE to deploy its universal energy infrastructure to support SmartE’s growing EV operations. SUN Mobility is a leading provider of energy infrastructure and services for […]

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Fortum to Install Sweden’s Biggest Battery to Support Grid Stability

Over the past two years Fortum has tested a similar concept at its combined heat and power plant in Järvenpää. With a storage capacity of 6.2 megawatt-hours, Fortum will install Sweden’s biggest battery till date at Forshuvud hydropower plant. The battery system’s output is 5MW and the total cost of the system is approximately EUR […]

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NTPC Calls For Enlistment Of Bidders For SPV Module Packages

As per the notice inviting applications (NIA), the bidder should have manufactured and supplied solar photo voltaic (SPV) modules of cumulative capacity of 40 MWp or above. India’s energy giant, National Thermal Power Corporation (NTPC) has invited applications for the enlistment of solar PV Module developers for NTPC’s solar PV power projects. The scope of […]

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Radite Energy Bags 65 MW Project From Azure Power in Rajasthan

This is the fourth project which Radite Energy has bagged from Azure power. The previous projects were in Andhra Pradesh, Gujarat and Karnataka. Radite Energy, a complete turnkey solution provider for solar energy in India, has secured 65 MW project in Bhadla, Rajasthan from Azure Power. This is the fourth project which Radite Energy has […]

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The Next Breakthrough in O&M

The solar PV modules, as we know are guaranteed to perform for 25 years. In this 25 years, the solar panel (and the entire plant) is subjected to various amount of stresses ranging from wind loads, snow loads (in few countries), lightening or surges from grid, moisture ingression and temperature variations. Such stresses while not […]

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Renascent Power to Buy 75% PPGCL under Stressed Asset Resoln Process

Further, this transaction is the result of stressed asset resolution process initiated by the lenders through a competitive bidding process. Renascent Power Ventures, arm of Resurgent Power, signed a Share Purchase Agreement (SPA) with a consortium of lenders led by State Bank of India (SBI) to acquire 75.01 percent stake in Prayagraj Power Generation Company […]

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Finance to Close Global Energy Access Gaps Dramatically Off-Track to Meet 2030 Targets: SEforALL

Data shows finance for coal tripled in past year, but innovative off-grid solutions and finance models offer opportunities to meet Global Goals. Finance required to close electricity and clean cooking access gaps remains dramatically short of what is needed to meet global energy goals by 2030, leaving the world’s most vulnerable people behind, according to […]

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Net Metering Policy

A light to shine your Today’s with power and tomorrow’s with brightening bank balances. “Bank your Electricity, Bank your Money Adopt Roof Top Net Metering” Information Guide: FOR INSTALLATION OF ROOF TOP SOLAR PV POWER PLANTS UNDER NET METERING POLICY IN PUNJAB WHAT IS NET METERING ? Net metering is the process through which you […]

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