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CERC Amends February 6 Order On DSM Regulations To Cover High Price-DAM 

The Central Electricity Regulatory Commission (CERC), in a suo-motu petition, amended its earlier Order of February 6, 2023, relating to its (Deviation Settlement Mechanism and Related Matters) Regulations, 2022. The CERC said it was done to include the changes in DSM Regulations and extend the same for the High Price-Day Ahead Market (HP-DAM).  In its February 6 […]

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Asian Infrastructure Investment Bank Funds Masdar Solar Projects in Uzbekistan

The Asian Infrastructure Investment Bank (AIIB) has signed three new project finance loan agreements in the aggregate amount of $83.6 million as part of a $396.4 million debt financing to Masdar for the construction of three greenfield solar PV power plants in Samarkand, Djizzakh and Surkhandarya regions of Uzbekistan. Masdar has said that the Asian […]

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Avaada Energy Bags 421 MW Solar Project for Damodar Valley Corporation

Avaada Energy, an arm of Avaada Group – an integrated energy enterprise with business interests across the energy transition value chain, has won the 421 MW (DC) ISTS-connected solar PV bid in an auction conducted by REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Ltd., on behalf of Damodar Valley […]

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We offer strong after sales service and spare support: Sachidanand Upadhyay, Lord’s Mark

Incorporated in 1998, Lord’s Mark Industries Private Ltd. (Lord’s) started manufacturing computer continuous stationary and copier paper and gradually diversified to other segments viz; LED products, solar power solutions & solar appliances, lithium batteries, electric scooters, and charging stations. With the launch of its subsidiary, Lord’s Automative Private Limited, the firm ventured into the green mobility […]

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Iberdrola to Advance Renewable Energy Projects in Mexico

Iberdrola Mexico and Mexico Infrastructure Partners (MIP) have joined hands to give a push to renewable energy in Mexico. Iberdrola is a Spanish multinational electric utility company. MIP is an independent Mexican fund manager of alternative investment vehicles, such as promoting energy and infrastructure in Mexico. The announcement about the MoU signed between the two […]

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NextEnergy, Statkraft Sign PPA For 210 MW Portuguese Solar Projects

NextEnergy Capital, a UK based global solar specialist in the renewables sector, has announced the signing of a PPA in Portugal with Statkraft AS, a Norwegian state owned utility. The three solar plants owned by NextPower III ESG, an international solar fund managed by NextEnergy Capital, have a total installed capacity of 210MW and are […]

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EDF Renewables to Develop 425 MW Solar Power in Indiana

EDF Renewables North America has announced that it has signed two agreements with Indiana Michigan Power (I&M), a subsidiary of American Electric Power (AEP), delivering and helping I&M to add 425 MWac (554 MWdc) of solar energy to its clean energy mix. EDF Renewables held that in the scheme of things, I&M will purchase the […]

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Nordex Group Bags 106 MW Lithuanian Wind Turbine Order

German wind turbine maker and seller, Nordex Group has announced that it has signed a contract with renewable energy developer E energija group for the supply and installation of wind turbines for a 106 MW wind project in Lithuania. Nordex Group said that the contract was signed March end. The order includes supply, delivery, and […]

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