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Tata Power Renewable Energy Ltd Inks PDA for 13.2 MW Group Captive Solar Plant 

Renewable energy player Tata Power Renewable Energy Limited (TPREL) has entered into a Power Delivery Agreement (PDA) with Dr. Abhay Firodia Group of Companies – Force Motors Limited and Jaya Hind Industries Private Limited, for supplying green power for 25 years under the Group Captive Solar scheme. Under the agreement, Force Motors Limited, a fully […]

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Rajasthan Biggest Beneficiary Of Renewable Energy Lending: Report 

A latest report by Climate Trends and the Centre for Financial Accountability (CFA) on the financing of coal and renewable projects claimed that Rajasthan remained the largest beneficiary of renewable energy lending in the country. The study assessed 68 project finance loans across 11 coal and renewable energy projects in India that reached financial closure […]

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Jamaica Public Service Issues Renewable Energy & Battery Storage Tenders of 298 MW

Jamaica Public Service Company Limited (JPS) has issued an RFS for the engineering, procurement, and construction services for a 115 MW utility-scale solar plant, a 171.5 MWh battery energy storage system, and a 12 MW wind plant. The projects will be set up in the Caribbean country. The BESS systems (battery energy storage systems) vary […]

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For India’s Renewable Energy Projects: A Creditworthiness Assessment Framework

India has set itself an ambitious target of meeting 50% of its energy requirement from renewable sources by 2030. To help power India’s sustainable energy vision, Renewable Energy (RE) projects must be sustainable by themselves which can only be attained through robust credit worthiness assessments in the RE sector. A reliable framework is essential to […]

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Tata Power Acquires Bikaner-III Neemrana-II Transmission Renewable Energy Project

Tata Power Co Ltd has won a bid for the acquisition of the Bikaner-III Neemrana-II Transmission renewable energy project valued at about INR 1,544 crore. The renewable energy project is of a special purpose vehicle (SPV) established by PFC Consulting Limited, an arm of Power Finance Corporation. The transmission project is be undertaken on a […]

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Asia Likely To Have 55% Share Of Global Renewable Energy Jobs: IRENA

IRENA (International Renewable Energy Agency) recently released its world energy transition outlook report. Their report mentioned that Asia is expected to account for a 55% share of global renewable energy jobs, followed by Europe (14%), US (13%) and Sub-Saharan Africa (9%) till 2050 under 1.5-degree scenario. It adds that, the jobs are unevenly distributed as, […]

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India’s Renewable Energy Generation Dips With Slump In Wind Power

A comparison of monthly renewable energy generation data released by the Central Electricity Authority (CEA) claimed that India’s monthly renewable generation (including hydro) dipped in October this year.  As per the latest available report of the CEA, India’s total renewable energy generation stood at 17.9 percent. During the month, the country generated a total of […]

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