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wind energy

Tata Power Renewable Energy signs SPA to acquire Welspun Renewables Energy

Tata Power Renewable Energy Limited (“TPREL”), a 100% subsidiary of Tata Power, has signed a Share Purchase Agreement (SPA) with Welspun Energy (“WEPL”) to acquire its subsidiary Welspun Renewables Energy Private Limited (“WREPL”).  It is estimated to be Rs 9,500 crore ($1.4 billion) deal. This is one of the largest transactions in renewables space in […]

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MNRE sets new capacity addition target of 16,660 MW for green energy

The Ministry of New and Renewable Energy has set the uppermost capacity addition target of 16,660 MW for the clean power sector this fiscal. The target is close to four times the capacity target that the government set in the previous year. MNRE expects solar segment to achieve its highest-ever annual capacity in the current […]

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Indian Navy pledges 1.5% of its works budget towards renewable energy generation

Indian Navy completed two years of its Green Initiatives Programme on World Environment Day. On the occasion the Navy has set itself an aggressive target of 21 MW Solar PV installations, to be implemented in three phases. The initiative is in line with the National Mission of Mega Watt to Giga Watt towards achieving 100 […]

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Small Wind Solar Hybrid System to provide electricity to un-electrified areas: MNRE

Ministry of New and Renewable Energy is implementing a programme to promote the installation of small wind solar hybrid systems. The objective of the programme is to provide electricity in unelectrified areas or areas with irregular electric supply. Under the programme, MNRE provides Central Financial Assistance (CFA) to community users for installation of such systems. […]

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Government to set up a pool of capital to fund research on green energy technologies: Piyush Goyal

Minister of Power, Coal and New & Renewable Energy, Piyush Goyal delivering Keynote address on Tuesday at a conference on ‘The Future of Electricity’ said “the future of electricity in India rest on the pillars of affordability, sustainability and country’s energy security.” India’s electricity consumption is going to increase fourfold from 1.1 trillion units to […]

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AWS Truepower acquires the energy-related forecasting assets of MESO

AWS Truepower has announced that it has acquired the energy-related forecasting assets from its long-term partner MESO, Inc. AWS Truepower collaborated with MESO Inc. for years in providing wind and solar power forecasting services to the utility and renewable energy industries around the world. With this partnership, AWS Truepower has become the top wind and […]

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