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Avangrid Sells Stake in 155 MW Wind Project for USD 235 Million

Avangrid Renewables, a subsidiary of AVANGRID, has announced that it has completed a transaction with WEC Energy Group of Milwaukee to sell an ownership interest in the Tatanka Ridge Wind project, now under construction in Deuel County, SD, northeast of Brookings. Under the terms of the transaction, which was signed earlier this month, WEC Energy […]

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HERC Issues Discussion Paper on License Terms and Conditions

HERC to set new regulations defining terms and conditions of license for a deemed licensee in Haryana. A discussion paper has been prepared. The Haryana Electricity Regulatory Commission (HERC) has prepared a discussion paper on HERC (Terms & Conditions of License for Deemed Licensee) Regulations, 2020. A public hearing will be held by the state […]

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Azure Power Awarded Most Sustainable Company in Solar Industry

Azure Power has been awarded the Most Sustainable Company in the Solar Energy Industry by World Finance Magazine. Azure Power, a leading solar power producer in India, has been awarded the Most Sustainable Company in the Solar Energy Industry by World Finance Magazine. The Independent Power Producer (IPP) received the award for its effective environmental, […]

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Latest Offshore Wind Farms in the UK Could Reduce Household Energy Bills: Analysis

The latest round of offshore wind farms to be built in the UK could reduce household energy bills by producing electricity very cheaply. This is the conclusion of an analysis by an international team led by Imperial College London researchers. The analysis published in the Journal Nature Energy highlights that the most recently approved offshore […]

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PTC India to use Rs 135 Crore Tax Refund for Financing Green Projects

PTC India Financial Services is set to receive a tax refund of ~Rs 135 crore and plans to use it for further financing of green projects. PTC India Financial Services has revealed that the Income Tax Department has processed its return of income for the assessment year 2019-20 (financial year 2018-19) and determined a refund […]

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Another Deadline Extension for SECI’s Solar Plus Storage Project in Ladakh

SECI has once again extended the deadline for its tender for setting up of 14 MW solar projects with 42 MWh associated BESS in Ladakh under PMDP-2015. The Solar Energy Corporation of India (SECI) has once again extended the deadline for bid submissions for its tender for setting up of 14 MW solar PV power […]

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Renesola Secures USD 12 Million Financing for 19 MW Solar Project

ReneSola has successfully closed a bridge financing with Eiffel Energy Transition Fund to finance the construction of its 19 MW solar project in Poland. ReneSola Ltd, a leading fully-integrated solar project developer has announced that it has successfully closed a bridge financing with Eiffel Energy Transition Fund to finance the construction of ReneSola Power’s 19 […]

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Farmers in UP City to get 160 Solar Pumps Under KUSUM Scheme

The Pilibhit agriculture department in UP is set to provide 160 solar pumps to farmers on subsidy, under the PM KUSUM scheme of the Union government. The Pilibhit agriculture department in Uttar Pradesh (UP) is set to provide 160 solar pumps to farmers on subsidy, under the Pradhan Mantri Kisan Urja Suraksha Utthan Mahabhiyan (KUSUM) scheme of the Union […]

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EV Industry a Rs 500 Billion Opportunity in India by 2025: Avendus

In a new report by Avendus Capital, the firm predicts that the EV industry in India could represent a Rs 500 billion opportunity by 2025. In a new report by Avendus Capital, the firm predicts that with the present and projected level of EV penetration in the country, the electric vehicle (EV) industry in India […]

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