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wind energy

Tata Power Renewable Energy Secures 400 MW Hybrid Project from MSEDCL

Tata Power Renewable Energy Limited (TPREL), the green arm of the Tata Power Company Limited, has successfully secured a Letter of Award (LoA) from the Maharashtra State Electricity Distribution Company Limited (MSEDCL), a wholly owned entity under the Maharashtra Government, for the development of a 400 MW Wind-Solar Hybrid project in Maharashtra. The LoA includes […]

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Torrent Power Wins 1,500 MW/12,000 Energy Storage Bid From MSEDCL

Torrent Power Limited recently secured a 1,500 MW pumped hydro storage project from the Maharashtra State Electricity Distribution Co. Limited (MSEDCL). Under this mutually agreement provisions, Torrent Power will procure 1,500 MW/12,000 MWh of energy storage capacity from the pumped hydro storage (PSP) project. MSEDCL will provide a detailed Letter of Award (LOI) after obtaining […]

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IGREL, Inox Wind Set To Build 550 MW Wind Project Across Three States

Inox Wind Limited (IWL) announced receiving a Letter of Intent (LoI) from IGREL Renewables Ltd (IGREL) to execute 550 MW of wind capacity on a turnkey basis. The project will be executed over the next 24 months across multiple sites in Gujarat, Rajasthan, and Madhya Pradesh. The 550 MW LoI exceeds the firm order of […]

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H1: Global Wind Turbine Orders Hit 91.2 GW, India Orders Rise 69% YoY

Globally, the wind turbine order intake reached a new high in H1, with the addition of 91.2 GW. This is a 23 percent increase year-over-year (YOY). According to a new analysis from Wood Mackenzie, this took the global investment by developers in H1 to US$ 42 billion, a 3% increase YOY. Whereas, the developers in […]

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SECI Seeks Offshore Wind Developers For 500 MW Gujarat Project

Solar Energy Corporation of India Limited (SECI), a ‘Navratna’, recently released a tender to select wind power developers to set up 500 MW ISTS-connected offshore wind power projects in India (Tranche-I). The tender set the bid submission end date (Soft Copy) as  10-12-2024 and the bid submission end date (Hard Copy) is 12-12-2024 The tender […]

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Green Stocks Sep 13: Another Strong Week Despite A Wobble In Adani Green Energy

This week closed  with a broadly positive end for the green stocks pack, with even new entrant Premier Energies closing over 100% above its listing price of 450 a week back, despite the losses this week.  Sterling and Wilson Renewable Energy (SWREL) posting a 3.00% increase in stock price. Waaree Renewables, KPI Green Energy, JSW […]

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Sunsure Energy to Supply 21 MW Solar Power to Lupin’s Tarapur Facility

Gurugram based developer Sunsure Energy and Lupin Limited (LUPIN), the Mumbai based global pharmaceutical company, today announced the signing of a 21 MW (31.5 MWp) solar Open Access Power Purchase Agreement (PPA). Through this agreement, Sunsure will supply solar power to Lupin’s Tarapur facility in India, sourced from its 100 MW (150 MWp) solar plant […]

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Q3 2024: GE Vernova Faces $300Mn Loss Despite Onshore Wind Profitability

GE Vernova recently released its financial results for 2024, in its financial guidance it posted a revenue trending towards the higher end of $34-$35 billion, adjusted EBITDA margin* of 5%-7%, and free cash flow* of $1.3-$1.7 billion. The company expects incremental strength in its Power and Electrification segments, with both trending towards the higher end […]

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President Approves VGF Scheme For 1 GW Offshore Wind Projects

President of India, Droupadi Murmu, has approved the government’s plan to award Viability Gap Funding (VGF) to boost offshore wind projects in India. The Ministry of New and Renewable Energy (MNRE), in its latest notification, stated that it has received approval for the plan. With the President’s sanction, India is now set to provide VGF […]

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