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SECI’s Aggregate Capacity of PSA Agreements Exceeds 50 GW

Solar Energy Corporation of India (SECI), a Miniratna Central Public Sector Enterprise under the Ministry of New & Renewable Energy has surpassed the milestone of 50 GW aggregate capacity of agreements signed under Power Sale Agreements (PSAs). The latest quantum of PSAs signed stands at 50,292.64 MW now, where SECI is the trader as an […]

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Tata Steel Limited Eyes 26% Stake in Tata Power Arm

Steelmaking firm Tata Steel Limited (TSL) has joined hands with Tata Power Renewable Energy Limited (TPREL) and TP Vardhaman Surya Ltd. (TPVSL). Under this agreement, TSL seeks to acquire 26% in TPVSL, currently a wholly owned subsidiary of TPREL. As per the agreement, TSL will also execute a fixed-tariff long-term agreement with TPVSL to source […]

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SUNPURE Secures 107 MW Contract from Juniper Green Energy

SUNPURE, a PV cleaning robotics supplier and module cleaning robotic solutions provider, has joined hands by way of a contract with Juniper Green Energy. Under the agreement, SUNPURE will provide water-free robotic cleaning systems for a capacity of 107 MW in Maharashtra to Juniper, an independent renewable energy power producer and operator of solar, wind […]

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KPI Green Wins 16.90 MW Aggregate Orders Under Captive Segment

Independent Power Producer KPI Green has received a new order for executing wind-solar hybrid power project for a aggregate 6.90 MW capacity comprising of 4.90 MW wind and 2 MW solar capacity. The projects have been awarded by General Polytex Pvt. Ltd., Surat, under ‘Captive Power Producer (CPP)’ segment of the firm. The projects are […]

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Serentica Renewables Gets Capital Infusion of INR 3000 Cr from REC

Serentica Renewables, a C&I focused renewable energy developer in India, has announced the completion of INR 3000 crores of debt funding from REC Limited – one of India’s largest power sector lenders. REC’s support is expected to assist Serentica in developing its hybrid renewable energy projects coming up in Karnataka. The company is setting up […]

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REC Limited Funding Push Continues With Deals For Serentica, GreenKo

REC Limited, a Maharatna PSE and the subsidiary firm of Power Finance Corporation is among the key govt.owned NBFCs mandated for enabling national goals. The firm has been very active of late.  REC had hosted the Green Finance Summit in July 2023 on the side lines of G20, where one-on-one discussions with RE developers were […]

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Large RE Market A Boon For India: Anadi Iyer, India Director, Fraunhofer

How is Fraunhofer’s helping the renewable energy sector in India? Fraunhofer works around science and engineering, whether it is renewable energy, production technologies, material science, smart cities, smart manufacturing, and artificial intelligence, etc. We can make solar cell battery storage systems of high quality. We are also working on several technologies simultaneously, like thins cells. […]

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Juniper Green Energy Sees USD 350 Mn Investment from AT Capital Group & Vitol

An independent renewable energy power producer and operator of solar, wind and hybrid power projects, Juniper Green Energy, has shared that AT Capital Group and Vitol have invested USD 350 million in the firm. The announcement of the increase in investment to US$ 350 million follows the former commitment of US$ 200 million from AT […]

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CERC Refrains From Penalizing Southern States For Power Over Drawl 

The Central Electricity Regulatory Commission (CERC), in its latest judgment, has warned the southern Indian states against ignoring the warnings from the regional load despatch centers. The Commission, however, refrained from levying penalties on the state utilities for the same. The case came to the fore when the Southern Regional Load Despatch Centre (SRLDC) moved the […]

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