Solar News

NTPC, JBIC Collaborate To Finance Renewable Energy Project In India

Japan Bank for International Cooperation (JBIC) Governor, HAYASHI Nobumitsu has signed a loan agreement that amounts to up to JPY15 billion of which JBIC’s portion is JPY9 billion, with NTPC Renewable Energy Limited (NREL) of India. The loan is co-financed with Sumitomo Mitsui Banking Corporation and the Bank of Fukuoka, Ltd. JBIC also claims to […]

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Stonepeak & Shizen Energy To Form Asian Onshore Wind Platform

Alternative investment firm Stonepeak has completed an investment in TerraWind Renewables, an onshore wind energy platform, in partnership with Shizen Energy Inc, a Japanese renewable energy company. As part of the transaction, Stonepeak has acquired an 80% interest in TerraWind, with Shizen Energy retaining the remaining 20% interest in the business. TerraWind will focus on […]

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DERC New Guidelines Lays Costs On Distributors For Under 11kV Project

The Delhi Electricity Regulatory Commission (DERC) recently amended guidelines that is called Delhi Electricity Regulatory Commission (Group Net Metering and Virtual Net Metering for Renewable Energy) (Fifth Amendment) Guidelines, 2024. These guidelines are expected to come into effect from 1st April 2024 and remain in force till further amendments. The DERC’s recent notification amendment was […]

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US Deploys Seventh GW Scale Sunrise Wind Offshore Commercial Project

The Biden-Harris administration has announced the approval of the Sunrise Wind offshore wind project which is the nation’s seventh commercial-scale offshore wind project. The Sunrise Wind offshore project is led by the Department of the Interior under President Biden’s leadership. These seven projects have the potential to provide more than 8 gigawatts of clean, renewable […]

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JSW Renewable Energy Acquires 45 MW Maha Wind Farm From Reliance Power

JSW Renewable Energy, a subsidiary of JSW Neo Energy has acquired a 45 MW Vashpet wind project from Reliance Power in Maharashtra’s Sangli. The company announced the acquisition from Reliance Power and further said that the transaction has been executed as a going concern on a slump sale basis. JSW Energy aims to achieve 20 […]

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MPJN Issues Consultancy Tender For 100 MW Solar & 60 MW Wind Projects

The Madhya Pradesh Jal Nigam (MPJN) has issued a request for bids for Consultancy services for 100 MW solar and 60 MW wind generating projects. MPJN is desirous of engaging a consultant for support in setting up Solar PV and Wind projects for Captive Utilization of Power under Group Captive Mechanism and to support in […]

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As March 31 Deadline Looms, ALMM Set To Rule Again

Any hope developers might have had of the kind of exemptions the MNRE provided (before withdrawing them within a week) seem to be evaporating as the fiscal year deadline approaches. Readers will recall that  the Approved List of Module Manufacturers(ALMM) requirement has been used as an effective non-tariff barrier by the government to support domestic […]

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Adani Green Commissions 180 MW Solar Project In Rajasthan

As the end of the financial year approaches, India’s sorry solar capacity addition figures for the year got a late boost with the commissioning of the project from Adani Green Energy Limited (AGEL). AGEL, India’s largest and one of the world’s leading renewable energy (RE) companies, has commissioned a 180 MW solar power plant at […]

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Australian Gold Miner Goes For Innovative Solar Plant To Cut Emissions

Australian Gold Miner, Bellevue mining is on course to power operations with 100% renewables at times, as  it seeks an 89.7 MW off grid facility at its mining site in Western Australia. Domestic Adelaide based solar firm 5B has been tasked with deploying 26MW of its 5B ‘Maverick’ solar farm at Bellevue Gold’s high-grade gold […]

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