Clean Energy

Rosatom, An Xuan Energy To Develop Wind Energy Project in Vietnam

NovaWind JSC and representatives of An Xuan Energy JSC have signed an agreement on cooperation in the implementation of a project for the construction of a wind farm. NovaWind JSC is a division of Rosatom State Corporation for wind energy generation based in Moscow, Russia. The company was founded in 2017. The official statement revealed […]

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With 90% Growth In PAT In Q1 FY23, Tata Power Rides 48% Jump In Revenues

One of India’s largest integrated power companies, Tata Power has today announced its results for Q1FY23 reporting a 90% YoY increase in consolidated quarterly PAT as compared to Q1FY22, registering its 11th consecutive year-on-year quarterly growth in PAT. Quarterly Highlights – Q1FY23 Tata Power’s consolidated PAT before Exceptional Items is up by 90% at ₹884 crore […]

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TCIL Floats Tender For Supply Of Rooftop Solar Of Different Capacities

Telecommunications Consultants India Ltd. (TCIL) has floated a tender for rooftop solar power systems of different capacities connected to LT & HT Panel (Grid Connected) in the various states across India.  This TCIL solar tender includes supply, installation, testing, and commissioning of rooftop solar power plants. All the equipment/solutions supplied under this EOI must have […]

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Kerala State Commission Turns Down KSEB Petition For Gross Metering, Net Billing

In an important order last week, the Kerala Electricity Regulatory Commission (KSERC) has turned down the plea of the state discom, Kerala State Electricity Board Ltd (KSEB) for modification of the net metering rules as applicable in the state to  gross metering and a net billing regime. KSEB had also made a plea for the […]

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Iberdrola Secures €550 Million Loan For Renewable Projects In Spain

Iberdrola, the Spanish multinational utility company, has said that it has forged an agreement with the European Investment Bank (EIB) to expedite Spain’s energy transition by establishing new renewable energy capacity. Under the agreement, the EU bank will provide a €550 million green loan for the construction of a portfolio of projects with a total […]

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First Solar Signs Global Supply Agreement With Akuo Energy For 500 MW

US-based solar module manufacturer, First Solar has announced a new renewable energy Global Supply Agreement with Akuo Energy, a France-based independent global renewable energy player. Through this agreement, First Solar will supply 500 MW of thin film PV solar module to Akuo Energy. As per the Agreement, First Solar will provide 200 MW for a […]

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MasTec to Acquire Infrastructure and Energy Alternatives (IEA)

MasTec and Infrastructure and Energy Alternatives (IEA) have announced signing an agreement under which MasTec will acquire all of the outstanding shares of IEA in a cash-and-stock transaction. Each IEA share is valued at $14.00. The official statement of MasTec said that the transaction has been unanimously approved by the Boards of Directors of both […]

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Solar Energy Corporation Extends Deadline For One EV Captive Charging Station

Recently, Solar Energy Corporation of India (SECI) has extended its Deadline for the bid submission deadlines for its one EV Captive Charging Station on the premises of NCRTC, by a further period to August 10, 2022.  The tender had first been released on June 24, 2022. This EV Captive Charging Station tenders include Supply, Erection, […]

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MSEDCL Gets Approval For 14 MW of Solar Projects Under PM-KUSUM

Maharashtra State Electricity Distribution Company Ltd. (MSEDCL) has received permission from the MERC for the adoption of tariff for long-term power procurement from 14 MW solar projects selected through a competitive bidding process that was launched for 500 MW of solar projects in the state.  These solar projects will be installed under Section 63 of […]

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