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Global Wind Technology Tenders Down 26 percent in Q3 2019

Wind technology tenders activity in Q3 2019 saw a drop of 26 percent over the last four-quarter average of 58. Wind technology tenders activity in Q3 2019 saw 43 tenders announced, marking a drop of 26 percent over the last four-quarter average of 58, according to a new analysis. According to GlobalData’s power industry tenders […]

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CCI Approves Abu Dhabi Future Energy Stake Buy in Hero Future Energies

CCI has given its nod under the green channel route to Masdar for acquiring an equity stake in Hero Future Energies The Competition Commission of India (CCI) has given its nod under the green channel route to Abu Dhabi Future Energy Company (Masdar) for acquiring an equity stake in Hero Future Energies Global Ltd. Besides, […]

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PSEG to Acquire 25% Stake in Ørtsed’s 1.1 GW Offshore Project

PSEG will enter into exclusive negotiations with Ørsted, for PSEG to potentially become an equity investor in the 1.1 GW ocean wind offshore project The Public Service Enterprise Group (PSEG), a leading energy company with a utility serving 2.3 million New Jersey electricity customers, has announced it will enter into exclusive negotiations with Ørsted, for […]

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SECI Extends Deadline for Manufacturing-Linked Tender, Again

SECI has extended the bid submission deadline for the 7 GW manufacturing linked solar tender. The Solar Energy Corporation of India (SECI) has issued a notification extending the bid submission deadline for the 7 GW manufacturing linked solar tender, yet again. In its latest amendment, the agency has extended the deadline for the tender from […]

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Railways Tenders for Procurement of Power From Hybrid Projects

The Indian Railways has issued an RfS, inviting bids from eligible parties to procure power from wind and solar hybrid projects. The Railway Energy Management Company (REMCL), on behalf of the Indian Railways, has issued a Request for Selection (RfS), inviting bids from eligible parties to procure power from wind and solar hybrid projects. The […]

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Uttar Pradesh Planning to Install Prepaid Smart Meters

The Uttar Pradesh government is planning to install prepaid smart meters for electricity consumption from mid-November, a senior official has announced The Uttar Pradesh government is planning to install prepaid smart meters for electricity consumption from mid-November. “We are planning to install prepaid smart meters for electricity consumption from November 15, 2019,” said Uttar Pradesh Energy Minister Shrikant Sharma. […]

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Quercus Sells 320 MW of Renewable Assets to Green Arrow

Green Arrow and Quercus have signed an agreement for the sale of 100 percent of the management company QAS, which holds 320 MW in renewable energy assets Green Arrow Capital (GAC) and Quercus Investment Partners have signed an agreement for the sale of 100 percent of the management company Quercus Assets Selection (QAS), to GAC, […]

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India, Saudi Arabia ink Renewable Energy Agreement

India and Saudi Arabia have signed 12 MoUs and agreements in key sectors including renewable energy, security cooperation, and civil aviation. India and Saudi Arabia have signed 12 MoUs and agreements in key sectors including renewable energy, security cooperation, defence industries collaboration, and civil aviation. The agreements were signed in the presence of Prime Minister Narendra […]

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Siemens Gamesa Gets Firm Order for 376 MW Offshore Wind Project

Siemens Gamesa received a firm order from partners Macquarie’s GIG and Swancor Renewable Energy for the 376 MW Formosa 2 offshore wind project. The launch of the 376 MW Formosa 2 offshore wind farm project in Taiwan took a step closer to construction after Siemens Gamesa RE announced that it has received a firm order […]

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