Onix Renewable Limited’s subsidiary company- Onix Trans Stellar, has been awarded 187 MW of solar projects under the Pradhan Mantri Kisan Urja Suraksha Evam Uthan Mahabhiyaan (PM-KUSUM). The projects will be spread across 60 different […]
Adani Green Energy Limited (AGEL) has signed a memorandum of understanding (MoU) with the Indian Institute of Technology (IIT) Bombay to strengthen innovation in decarbonisation technologies. The MoU aims to develop an ecosystem for advancement in renewable […]
Results for NTPC Renewable Energy Limited’s (NTPC REL) auction for provisioning of crystalline solar bifacial modules of capacity 1.58 GW, including atleast 540 Wp wattage output for 1,255 MW projects have been announced. The projects […]
Philippines-based PacificLight Power Private Limited (PLP), a subsidiary of MERALCO PowerGen Corporation (MGen), has secured a contract from the Energy Market Authority (EMA) in Singapore to construct, own, and operate two power-generating units. These units, […]
Orient Green Power Company has revealed plans to raise up to Rs 2.5 billion through an equity rights issue to its existing shareholders. The company, which operates a portfolio of energy projects in regions such […]
Reportedly, Jakson Green has announced plans to invest Rs 35 billion through private equity investors and non-recourse financing to enhance its renewable energy portfolio. The investment will focus on solar utility projects and the development […]
The Ministry of New and Renewable Energy (MNRE) has issued an important clarification regarding the Approved Models and Manufacturers of Solar Photovoltaic Modules (Requirements for Compulsory Registration) Order, 2019. According to the official memorandum dated […]
The Government of Sarawak has announced that the electricity supply interconnection project between Sarawak, Malaysia and Singapore will commence commercial operations by 2031. This project includes installing around 720-km-long undersea cable connecting Tondong, Sarawak to […]
Enfinity Global Inc. has signed $135 million in financing for the development and construction of 1.2 GW of solar and wind projects in India. The financing is being provided by Canada Pension Plan Investment Board […]
Vikram Solar has secured an order to supply 397.7 MWp modules to NTPC Renewable Energy Limited (NREL). These modules will contribute to 1,255 MW Khavda Solar Project in Gujarat. The order includes bifacial domestic content […]
Reliance Industries Limited has completed the sale of REC Solar Norway AS to Oslo-listed Elkem ASA for approximately USD 22 million. In October 2021, a Reliance unit acquired the Norwegian solar panel manufacturer for an […]
The Asian Development Bank (ADB) has approved a $148.5 million loan to help strengthen, modernise, and climate-proof distribution system to enhance reliability, quality, and resilience of electricity supply in Sikkim, India. The project will upgrade […]
The Ministry of New & Renewable Energy (MNRE) has declared a change in policy concerning the authorisation procedures for solar park infrastructure development and the charges for operations and maintenance. The objective of this policy […]
Namibia’s state-owned power utility, NamPower, has secured a USD138.5 million finance package from the World Bank for its energy project that will integrate renewable energy as well as a second utility-scale battery energy storage system […]
Power Finance Corporation Limited (PFC) has recorded a net profit of Rs 264.61 billion during 2023-24, registering an increase of 24.94 per cent, compared to the net profit of Rs 211.79 billion recorded in the […]
Hero Future Energies and SJVN Limited have signed a power purchase agreement (PPA) to establish a 120 MW firm and dispatchable renewable energy (FDRE) project. The project will be located in Andhra Pradesh and is […]
ReNew has signed a memorandum of understanding (MoU) with Societe Generale, to support the financing and development of the company’s various strategic energy transition projects both in India and globally. Under the MoU, which references up to USD1 […]
Adani Energy Solutions Limited (AESL) has acquired 100 per cent stake in Essar Transco Limited (ETL) after obtaining requisite regulatory and other approvals for an enterprise value of Rs 19 billion. The acquisition covers fully […]
Sarens has secured a contract for all logistical operations for the Quang Trach 1 thermal power project in Vietnam, which will generate up to 8.4 billion kWh of energy annually upon completion in 2025. The […]
Gujarat Toolroom Limited is planning to set up a hybrid-green energy power plant project. With an estimated investment of Rs 5.72 billion, the plant is poised to generate 97.5 MW of power per hour. The […]
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