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Altus Power Raises USD 850 Million to Expand Solar Portfolio

Altus Power has announced that Blackstone has led a recapitalisation with USD 850 million to refinance the existing capital structure and fund future development Altus Power America, a market-leading solar power company that provides clean electricity to commercial, industrial and municipal clients across the US, has announced that Blackstone, through its GSO Capital Partners LP and Blackstone Insurance Solutions groups, has […]

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Tata Power, Jakson and L&T Winners in NTPC’S 1 GW Solar Auction

NTPC Ltd has concluded the e-reverse auction for its 1,000 MW of solar tender under the DBDT program, awarding 560 MW capacity to three bidders. NTPC Ltd has concluded the e-reverse auction for its 1,000 MW of solar projects tender under the Develop Build Demonstrate (DBDT) program, awarding 560 MW capacity to three bidders. According […]

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Tata Power Solar Bags 250 MW Solar Project From NTPC Under CPSU Scheme

Tata Power Solar has received a Letter Of Award (LOA) from NTPC for the development of a 250 MW solar project under the CPSU scheme. Tata Power Solar Systems Ltd, India’s largest solar energy company and a wholly-owned subsidiary of Tata Power, has received a Letter Of Award (LOA) from NTPC for a 250 MW […]

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Tender for 30 MW Solar Power Projects Issued in Assam

APDCL has issued a tender under the CPSU Phase II program for setting up 30 MW grid-tied solar energy projects across three locations in Assam. The Assam Power Distribution Company Limited (APDCL) has issued a tender under the Central public sector Undertaking (CPSU) Phase II program, inviting bids from eligible firms for setting up of […]

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MNRE Shares List of Insurance Providers for Solar Power Plants

With an aim to provide some relief to solar energy industry stakeholders, the Ministry of New and Renewable Energy (MNRE) has shared a list of those insurers who are currently offering products covering various risks associated with the solar power plants. The MNRE said in a statement that it had taken up with the Department […]

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IFC Inks Pact with Bangladesh to Spur Solar Power Generation

With an aim to promote more investment in the renewable energy projects in Bangladesh, the International Finance Corporation (IFC) has entered into an agreement with the Sustainable and Renewable Energy Development Authority (SREDA) of Bangladesh. As per the agreement signed, IFC, a member of the World Bank Group, will support a solar power plant of […]

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MSEDCL Retenders for Procurement of 1350 MW Solar Power

MSEDCL has tendered for the procurement of 1350 MW solar power for a second time. The tender had yielded only one bid for 5 MW the first time it was issued. The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has issued its tender for the procurement of 1350 MW solar power for a second time. […]

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TERI Develops Blockchain-Enabled Prototype for Solar Power Trading

TERI has developed a prototype platform to facilitate peer-to-peer trading of solar energy among consumers in the same neighbourhood. The Energy and Resources Institute (TERI) has announced that it has developed a platform to facilitate peer-to-peer transactions of solar energy among consumers in the same neighbourhood. The prototype which utilises blockchain for the execution of […]

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Western Rajasthan Generating Surplus Power From Wind and Solar Plants

For the tenth consecutive year, wind energy and solar energy plants have helped Western Rajasthan region generate surplus power For the tenth consecutive year, wind energy and solar energy plants have helped Western Rajasthan generate surplus power, and in turn, have helped in considerably reducing greenhouse gas emissions. In Jaisalmer region, the total installed wind power capacity […]

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