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BHEL Bags Rs 100 cr EPC Order for 25 MW Floating Solar Plant

BHEL has won an order for setting up a 25 MW floating solar power plant on EPC basis, at Simhadri in Andhra Pradesh from NTPC Ltd. Bharat Heavy Electricals Limited (BHEL) has won an order for setting up a 25 MW floating solar photovoltaic (SPV) power plant on Engineering, Procurement and Construction (EPC) basis, at […]

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AIIB Grants $100 mn to L&T Finance arm for Green Energy Funding

AIIB will provide $100 million in loans to L&T Infrastructure Finance Company for on-lending to green energy infrastructure projects in the country. Beijing-headquartered multi-lateral developmental lender Asian Infrastructure Investment Bank (AIIB) recently announced that it will provide $100 million in loans to L&T Infrastructure Finance Company for on-lending to green energy (wind and solar power) infrastructure […]

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Switching up Renewables and With it Energy Poverty: Study

According to a new study, switching to renewable energy sources can help reduce carbon emissions but at the expense of increased energy poverty. According to a new study conducted by a team of researchers at the Portland State University (PSU), switching to renewable energy sources from fossil fuels can help reduce carbon emissions but at the expense of increased […]

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GE Signs First Cypress Turbine Order in Turkey for 138 MW Project

GE Renewable Energy has been selected to provide 27 Cypress units for the 138 MW Saros project in Turkey. GE Renewable Energy announced today that it has been selected by Borusan EnBW Enerji to provide 27 Cypress units for the 138 MW Saros project in Turkey. The Saros project upon completion is expected to generate […]

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Indian Renewable Sector Received $4.8 bn FDI in Last 5 Years

The renewable energy sector in India has received $4826.65 million in FDI over the last five financial years, Power Minister R K Singh has informed The renewable energy sector in India has received $4826.65 million in Foreign Direct Investment (FDI) over the last five financial years, Power Minister R K Singh informed the Parliament on […]

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Greenko Raises $824 mn in Equity Funding From GIC and ADIA

Greenko has announced the signing of definitive agreements for a primary equity funding of $824 million from an affiliate of GIC and by the ADIA Hyderabad-based Greenko Energy Holdings, one of India’s leading renewable energy companies, has announced the signing of definitive agreements for a primary equity funding of US$ 824 million, which includes a […]

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Tata Planning Rs 4000 Cr Li-Ion Battery Manufacturing Plant in Gujarat

Tata Group is planning to set up a multi-crore lithium-ion battery plant in Gujarat’s DSIR area according to a senior state government official According to Jaiprakash Shivhare, managing director, Dholera Industrial City Development Limited (DICDL), Tata Group, has committed an investment of Rs 4,000 crore to set up a lithium-ion battery plant in Dholera Special […]

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GE Renewable Energy Selected for 220 MW Wind Farm in Poland

GE Renewable Energy has been selected to power the 220 MW Potegowo Wind Project in Poland. GE Renewable Energy has announced that it will provide 81 onshore wind turbines to power the 220 MW Potegowo Wind Project in Slupsk County, Northern Poland. This is the first project between GE Renewable Energy and Potegowo Mashav. With […]

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IL&FS Energy arm Puts Stake in 2 Wind Energy Assets on Sale

IL&FS Energy Development Company, a subsidiary of the crisis-hit IL&FS, has invited EoI to sell its stake in two wind energy assets Going ahead with its monetisation process, IL&FS Energy Development Company, a subsidiary of the crisis-hit IL&FS, has invited expressions of interest (EoI) to sell its stake in Sipla Wind Energy Ltd and Mahidad Wind Energy Private Ltd. […]

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