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ReNew Power Raises $475 Million at Cheaper Cost

The green bonds yielded 6% at the close of subscription and have helped ReNew Power raise $475 Million. ReNew Power Ventures has raised $475 million by selling green bonds to overseas investors as the solar and wind energy producer plans to refinance debt. The bond yielded 6% at the close of subscription on Monday. The […]

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India’s Total Solar Power Capacity Crosses 9 GW

India’s Solar Power Capacity Crosses 9000 Megawatt with Tamil Nadu leading the Pack Country’s solar power generation capacity stood at over 9 GW as on December 31, 2016 with Tamil Nadu having the largest output capability followed by Rajasthan and Gujarat. Total solar power generation capacity was 9,012 MW as on December 31, 2016. Tamil […]

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SECI Gets a Significant Boost to its Credit Rating

Solar Energy Corporation of India has attained a beneficiary position in a tripartite agreement between the Government of India, state governments and RBI. In a very pleasing development for renewable IPPs, Solar Energy Corporation of India (SECI) has been included as a beneficiary in a tripartite agreement between the Government of India, state governments and […]

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Huawei and Oracle Officially Sign Power IoT Ecosystem Partnership MOU

Huawei and Oracle have collaborated for marketing and sales of Huawei’s AMI Solution with Oracle’s Smart Grid Utilities Meter and Data Management. Huawei and Oracle have officially signed a ‘Power IoT Ecosystem Partnership’ MOU recently, which will see continued cooperation around the marketing and sales of the Huawei AMI Solution with Oracle Utilities Meter Data […]

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Odisha Needs Rs 13500 crore Investments in Renewable Energy by 2022

The state government of Odisha has envisaged a renewable energy capacity of 2750 MW by 2022 As Odisha bets big on renewable energy sources to meet its power requirement in the future, it needs an investment of Rs 13,500 crore by 2022, according to the estimates of KPMG. The KPMG analysis is based on the […]

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Tata Power achieves the milestone of shipping 1 GW Solar Modules

Tata Power Solar has achieved 60% rise in shipment of solar modules in last five years Tata Power Solar, India’s largest integrated solar company, has successfully shipped 1 GW solar modules worldwide, a first for any Indian solar manufacturer. Having one of the largest solar manufacturing facilities in India, with modules as well as cell […]

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BHEL Bags 3.6 MW Solar Rooftop Order from Surat Municipal Corporation

BHEL has acquired an order to install solar PV Rooftop system with a capacity of 3.6 MW for  Surat Municipal Corporation State-run power equipment maker BHEL has secured order for the installation of Solar PV rooftop systems totaling 3.6 MW from Surat Municipal Corporation. While all the 10 identified areas of installation would be within […]

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Innovative Solar Systems Offers 3GW’s of U.S. Utility Scale Projects for Sale

ISS only develops and builds Utility Scale solar projects that range in size from 20MW(AC) to well over 200MW and has a total pipeline of approximately 10 GW’s of new projects spread over twenty various states, territories and municipalities.  Innovative Solar Systems becomes the single largest developer of Solar Farms in US with the largest […]

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Gamesa to Facilitate Solar and Wind-solar Hybrid Power Projects in Andhra Pradesh

Spanish firm Gamesa will facilitate investors to set up solar and wind-solar hybrid and wind power projects in Andhra Pradesh. Spanish wind turbine-maker Gamesa will facilitate around Rs 17,500 crore investment in Andhra Pradesh in wind, solar and wind-solar hybrid power projects, said a top official of the company’s Indian subsidiary. “Gamesa will facilitate investors […]

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