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Nordex to Supply 14 Turbines for 67 MW Wind Project in Ukraine

German turbine maker Nordex has received an order for fourteen N149/4.X turbines from its regular Turkey-based customer Eksim Holding of Istanbul for the latter’s first wind project in Ukraine. The order also includes a Premium Service contract covering a period of 15 years. The “Skole” wind farm, with a total capacity of 67.2 MW, will be built near […]

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NTPC Green Arm Signs First Green Term Loan Worth 500 Cr

NTPC Renewable Energy ltd (REL), a 100 per cent subsidiary of NTPC ltd, has signed its first green term loan agreement of Rs. 500 crores at a very competitive rate with a tenor of 15 years with Bank of India on September 29, 2021, for its 470 MW solar projects in Rajasthan & 200 MW […]

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IREDA CMD Announces Plans For An IPO At AGM

Pradip Kumar Das, the Chairman and Managing Director (CMD) at the Indian Renewable Energy Development Agency (IREDA) announced plans to go for the institution to go for an initial public offering (IPO) soon at its 34th AGM yesterday. The CMD also informed shareholders about performance in 2020-21, when IREDA disbursed its second highest amount of […]

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The Waaree Energies IPO Finally Moves Closer, Marks A Major Step for Manufacturers

Mumbai-based Waaree Energies, India’s largest solar module manufacturer, has filed a draft red herring prospectus (DRHP) with markets regulator Securities and Exchange Board of India (SEBI) to raise Rs 1,350 crore via an initial public offer (IPO). The issue will also have an offer for sale by promoters. The news comes even as enough indications […]

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French Firm TotalEnergies Expects RE Expansion in Future

French company TotalEnergies said on Monday that it expected a big rise in renewable-based electricity, solar and wind forms of energy, partly due to a general increase in electrification in the industrial and business world. TotalEnergies added it expected that oil in general would plateau before 2030, while natural gas would continue to play a […]

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BESCOM Must Encourage EV Charging at Home at Night to Manage Overloads, finds Study

A new report by India Smart Grid Forum (ISGF) analyses the challenges involved in the installation and maintenance of EV charging infrastructure in Bengaluru city and suggests that authorities should encourage charging of vehicles at home during the night, among several other recommendations. The full study can be accessed here. The government of Karnataka had issued […]

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SECI’s Call For EOI In Providing Land in Uttar Pradesh

On September 7, SECI (Solar Energy Corporation of India) issued a tender inviting expressions of interest (EOI) for providing land to be used for solar projects in Uttar Pradesh, India’s most populous state. The land is to be used for solar projects focused on solarising the state’s agriculture feed. The tender follows the appointment of […]

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Power Sector PSU’s Get Strong Backing To Push For Renewables

Yesterday, (September 8) at a meeting to discuss the action plan for enhancing the investment by power sector CPSEs (Central Public Sector Undertakings) in renewable energy projects under the Chairmanship of R.K Singh, Union Minister of Power & NRE yesterday representative of all Hydro CPSEs, NTPC Ltd., MNRE and SECI came in. Key decisions were […]

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IREDA to Provide Advisory Services to TANGEDCO for RE Projects

The Indian Renewable Energy Development Agency Ltd. (IREDA) has signed a Memorandum of Understanding (MoU) with the Tamil Nadu Generation & Distribution Corporation Limited (TANGEDCO) for providing its technical expertise in developing renewable energy projects and fund raising. The MoU was signed by Mr. Pradip Kumar Das, Chairman & Managing Director (CMD), IREDA and Mr. […]

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