KPI Green Energy Limited received a letter of award (LoA) from Aether Industries Limited for setting up a 100 MW hybrid solar power project under the captive power producer (CPP) segment. It is expected to […]
BluPine Energy has announced the financial closure for its 120 MW solar project in Panshina and Radhanpur village of Gujarat under Gujarat Urja Vikas Nigam Limited. The company has secured debt financing from State Bank […]
KP Energy Limited has commissioned 23.1 MW wind power capacity under Phase X of the 250.8 MW inter state transmission system (ISTS) connected wind power project. It consists of 11 wind turbine generators of 2.1 […]
The Ministry of New and Renewable Energy (MNRE) has notified the scheme guidelines for implementation of ‘Incentives to discoms’ under PM-Surya Ghar: Muft Bijli Yojana. The scheme has an outlay of Rs 750.21 billlion and […]
By N. Venu, MD and CEO – India & South Asia, Hitachi Energy When the interim budget was announced on February 1, 2024, India was gearing up for the 18th Lok Sabha elections. Amidst fervent […]
ACWA Power has concluded the sale of 35 per cent of its ownership in the ACWA Power Bash Wind Project Holding Company Limited and ACWA Power Uzbekistan Wind Project Holding Company Limited to China Southern […]
Sterling and Wilson Renewable Energy Limited has recorded a net profit of Rs 48.3 million during first quarter of 2024-25, compared to the net loss of Rs 953.2 million recorded in the previous year. The […]
The Rajasthan Electricity Regulatory Commission (RERC) has sanctioned Rajasthan Urja Vikas & IT Service (RUVITL) to procure 1,000 MW of solar power from seven different developers. RUVITL signed power purchase agreements with the chosen developers […]
Toshiba Transmission & Distribution Systems (India) Private Limited (TTDI) has announced that it will increase its manufacturing capacity of power transformers and distribution (T&D) transformer by approximately 1.5 times compared to 2022-23, over a three-year […]
Sungrow has entered into three energy storage agreements with Algihaz Holding, an investment group in Saudi Arabia. Each project will have a capacity of 2.6 GWh, amounting to a total of 7.8 GWh. The storage […]
Rayzon Solar have partenered Hero Future Energies in advancing sustainable energy solutions. They are set to launch a 200 MW solar project in Karnataka. This initiative is expected to reduce carbon emissions by an estimated […]
Jupiter International Limited has raised Rs 3 billion in financing from ValueQuest S.C.A.L.E. PE fund. This capital will be used to enhance Jupiter International’s existing cell production capacity and start module manufacturing operations. This new […]
The Asian Development Bank (ADB) has approved $240.5 million in loans to finance rooftop solar systems in India that will help the government expand energy access using renewable energy. The financing will support tranches 2 […]
Tata Power Renewable Energy Limited (TPREL) has signed a memorandum of understanding (MoU) with NHPC Renewable Energy Limited (NHPC-REL) for the installation of rooftop solar projects on government buildings across central ministries, states, and union […]
Indian Renewable Energy Development Agency Limited (IREDA) has planned to invest in a 900 MW hydroelectric power project in Nepal. The approximately Rs 2.90 billion investment will secure IREDA up to 10 per cent shareholding […]
The Philippine Geothermal Production Company Incorporation (PGPC), a subsidiary of SM Investments Corporation, has announced plans to expand its renewable energy portfolio in the Philippines. PGPC will explore and develop new geothermal energy sources in […]
Tata Power has planned to invest Rs 200 billion capex in 2024-25. The planned capex is over and above the Rs 120 billion invested in 2023-2024. A large part of this will be towards accelerating […]
Jyoti Structures Limited has secured an order worth Rs 1,177.4 million from Adani Energy Solutions (AESL). The contract is for the construction and part supply of 765kV D/C KPSIII-AP44 transmission line (approx. 111 km) in […]
Results for the Solar Energy Corporation of India’s (SECI) Tranche XV auction to develop 1,200 MW of inter-state transmission system (ISTS) connected solar projects with 600 MW/ 1,200 MWh energy storage system (ESS) have been […]
KEC International Limited has secured new orders worth Rs 11 billion in the transmission and distribution (T&D) segment both in India and abroad. The company has received orders for a 765 kV transmission line and […]
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