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SECI Extends EOI for Buying and Blending Conventional Power With RE

SECI has extended the deadline for its EOI issued for the purchasing and blending of battery, conventional power with RE sources in India The Solar Energy Corporation of India (SECI) has extended the deadline for its Expression of Interest (EOI) issued for the purchasing and blending of battery, conventional and hydro power with renewable energy […]

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Budget 2020 and Renewables. An Evolving Story

In the longest budget speech in history, the Finance Minister , Ms Nirmala Sitharaman managed to find a mention of the renewable sector, especially solar, at the beginning, middle and end, as it turned out. While the mention in the beginning was for the energy needs of farmers and the role of solar power, the […]

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Sterlite Power Elevates Arun Sharma as Infra Biz COO

Global player in the power transmission space Sterlite Power said on Wednesday that it has appointed Arun Sharma as Chief Operating Officer (COO) of its infrastructure business. Earlier, Sharma was heading the Master System Integration (MSI) business at the company’s solution business unit. Now, he will lead Sterlite Power’s both infrastructure and MSI businesses. He […]

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Orix Corporation to Issue its First Green Bond in Japan

The ORIX Corporation (ORIX) has decided to issue its first Green Bond (unsecured straight bonds) in the domestic market of Japan. The ORIX Corporation (ORIX) has decided to issue its first Green Bond (unsecured straight bonds) in the domestic market of Japan. Green bonds are bonds issued by companies to finance green projects (such as […]

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Lighting up India’s hinterland

India has emerged as the fastest growing energy market in the world. Investments in the sector grew at 12 percent last year with spending on renewable energy (RE) exceeding fossil fuel-based power. The country aims at being a power surplus nation and RE can play a big role in the transition. In April 2018, the […]

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Sterlite Power Launches New HPC Soln ‘ACCC Ganga ULS’ to Solve Transmission Issues

Global player in power transmission Sterlite Power said on Monday that it has launched a carbon composite core conductor solution ‘ACCC ULS Ganga’ that will help utilities in overcoming their toughest transmission constraints across long span river crossings. Further, ACCC ULS Ganga is a high-performance low sag conductor which was developed to address the dual […]

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Power Plant Tenders Down 28 percent in Q4 2019, Indian Firms Ahead of Rest

Power plant tenders in the fourth quarter of 2019 saw 291 tenders announced, marking a drop of 28 percent over the last four-quarter average of 404 Power plant tenders in the fourth quarter of 2019 saw 291 tenders announced, marking a drop of 28 percent over the last four-quarter average of 404, according to GlobalData’s […]

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Masdar and Cepsa Form JV to Develop RE Projects in Spain and Portugal

Masdar and Cepsa have announced an agreement to establish a JV company to develop renewable energy projects in Spain and Portugal. Masdar, one of the world’s leading renewable energy companies and a subsidiary of Mubadala Investment Company, and Cepsa, a global energy and chemical company owned by Mubadala and the Carlyle Group, has announced an […]

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Electricity Procurement Contracts Down 11% in December 2019: Report

Electricity procurement contracts in December 2019 saw 47 contracts announced, marking a drop of 11 percent over the last 12-month average of 53, according to a new database. Electricity procurement contracts in December 2019 saw 47 contracts announced, marking a drop of 11 percent over the last 12-month average of 53, according to GlobalData’s power […]

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