Renewable Energy

Draft Solar Policy of Delhi Wants 6000 MW Installation by 2025

The Delhi government has accorded approval to the draft Solar Policy 2022 under which the state wants to install solar capacity to 6,000 MW by 2025. In the previous solar policy released in 2016, Delhi had targeted to install solar power of a cumulative capacity of 2,000 MW of solar power by 2022. Readers will […]

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2022 For Solar: Solarisation, PLI Scheme, Transmission were Buzzwords

As we head into year 2023, here is a review of 2022 in terms of policy-level initiatives with a lowdown on where the country stands with regards to renewable energy capacity as the year comes to a close. Impetus to RE transmission projects  2022 began with the Intra-State Green Energy Corridor Phase-II (InSTS GEC-II) scheme […]

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Solar Energy & EV Charging Firm Altus Power Acquires 220 MW Solar Facilities

In a major development in the American renewable energy sector, Altus Power has announced that it has entered into a definitive agreement for the acquisition of 220 MW of newly developed and in-construction solar assets. US-based Altus Power is an independent developer, owner and operator of commercial-scale solar facilities. Altus Power provides solar generation for […]

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EDF Renewables & Munich Re’s MEAG to Invest in US Renewable Energy Projects

The United States is witnessing unprecedented growth in renewable energy. In a key development, EDF Renewables North America and MEAG, acting in its capacity as Munich Re’s global asset manager, announced the closing on a strategic investment whereby a subsidiary of Munich Re acquired a 50% stake in two renewable energy projects in California. The […]

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Enefit Green Sets Sights on Building 335 MW Wind Farms in Estonia & Lithuania

Leading renewable energy player in Estonia and the Baltic countries, Enefit Green has said that a final investment decision has been taken by the company on 255 MW Sopi-Tootsi wind farm in Estonia and 80 MW Kelme I wind farm in Lithuania. Enefit Green has decided that in the coming two years, the firm will […]

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Copenhagen Infrastructure Partners Acquires 1400 MW Queensland RE Hub

Copenhagen Infrastructure Partners (CIP), an investment firm that specialises in infrastructure investments, has confirmed that it has acquired the large-scale renewable energy hub called ‘Bowen Renewable Energy Hub’ in Australia’s Queensland. According to the company, the RE hub will also host a pumped hydro plant having a duration of 16-hours. CIP has contracted with Australian […]

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ACWA Seals $2.4 Billion Wind Energy PPA With Uzbekistan

Saudi Arabia-headquartered ACWA Power Company has inked a power purchase agreement (PPA) with the National Electric Grid of Uzbekistan (NEGU) for a value of $2.40 billion. As per the information shared by the ACWA Power in mandatory filing before the Saudi Arabia stock exchange, the deal was inked on 23 December, 2022. According to the […]

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SJVN Floats 100 MW O&M Tender for Grid-Connected Solar Plant In Gujarat

Satluj Jal Vidyut Nigam (SJVN) Green Energy has floated a tender for a 100 MW(AC) grid-connected solar PV power plant with the balance of the system package including three (03) years of comprehensive operation & maintenance (O&M) at Goliwada, District Patan, Gujarat. PSU firms have shown a marked preference for outsourcing O&M of large solar […]

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