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Economic Slowdown Affects Solar Installations in India

The installations in the renewable energy sector including solar in India are getting affected due to an economic slowdown and inadequate investment inflow in the country, said GlobalData. According to the data and analytics company “the economic slowdown in India and consequently the lack of inflow of investments are affecting the renewable energy sector, including […]

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Bank of America Extends Rs 356.5 cr LOC to Fourth Partner Energy

Distributed solar energy solutions provider Fourth Partner Energy has received a USD 50 million (Rs 356.5 crore) LOC from the Bank of America. Hyderabad-based distributed solar energy solutions provider Fourth Partner Energy has received a USD 50 million (Rs 356.5 crore) line of credit (LOC) from the Bank of America. This is Bank of America’s […]

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Adani Green Energy Mulling Over Acquiring Rest of Essel’s Solar Assets

Adani Green Energy is reportedly considering acquiring all the remaining solar energy assets of the Essel Group. Adani Green Energy (AGEL) is reportedly considering the option of acquiring all the remaining solar energy assets of the Essel Group. According to media reports, the Essel Group has reached an agreement to sell the remaining 480 MW […]

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GWEC and OLADE Partner to Drive Energy Transition in Latin America

GWEC and OLADE have signed a Memorandum of Understanding (MoU) for promoting energy security and to drive the energy transition in Latin America. The Global Wind Energy Council (GWEC) and OLADE, the Latin American Energy Association, have announced they have signed a Memorandum of Understanding (MoU) to drive the energy transition in Latin America. Both organisations […]

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Coal India Subsidiary Tenders for 150 kW Rooftop Solar Plant

CMPDI, a subsidiary of Coal India has issued a tender for the commissioning of a 150 kW rooftop solar micro-grid power plant at the firms’ Ranchi office. Central Mine Planning and Design Institute (CMPDI), a subsidiary of Coal India Limited (CIL) has issued a tender for the commissioning of a 150 kW rooftop solar micro-grid power […]

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Sterlite Power Wins Award for J&K Transmission Project at 2019 Global Energy Awards

Global power transmission assets developer Sterlite Power has won the award for its Northern Region Strengthening Scheme (NRSS-29) project in Jammu & Kashmir (J&K) under the category – ‘Construction Project of the Year’. The company has clinched the award during the coveted S&P Global Platts Global Energy Awards 2019. While announcing the award, Martin Fraenkel, […]

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GameChange Solar Announces Orders for Over 200 MW Solar Tracking Systems

GameChange Solar has announced that it has received orders for more than 200 MW of Genius Tracker systems in South America. GameChange Solar has announced that it has received orders for more than 200 MW of Genius Tracker systems in South America. The first system has started shipping this month. The firms’ experienced field service local support […]

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Oil India Tenders for 55 MW Wind and Solar Hybrid Project in Gujarat

Oil India Limited has issued a tender for the development of a hybrid project consisting of 41 MW wind project and a 14 MW solar project in Gujarat. Oil India Limited (OIL) has issued a tender, inviting bids from eligible bidders for the development of a hybrid project consisting of 41 (±5 percent) MW capacity […]

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Shell Takes Minority Stake in one of Australia’s Most Successful Solar Firms

Shell has invested in ESCO Pacific, one of Australia’s most successful solar companies, to take a minority stake of 49 percent. Shell has announced that it has invested in ESCO Pacific, one of Australia’s most successful solar companies, focused on the development and long-term asset management of utility-scale solar projects, to take a minority stake […]

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