hydro

Meghalaya to Empanel Developers for Renewable Energy Projects

Meghalaya has issued an EOI for the empanelment of developers for setting up renewable energy projects under different models in the state. The Power Department of the Government of Meghalaya has issued an Expression of Interest (EOI) for the empanelment of firms/ developers for setting up renewable energy projects including hydro, solar, wind, and biomass […]

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Scatec Targeting 15 GW Renewable Capacity by 2025

At its Capital Markets Update today, renewable company Scatec confirms its current 4.5 GW capacity target for 2021 and raises its target to 15 GW by end of 2025. The business plan is supported by Scatec’s track record of strong growth and a solid project pipeline across solar, wind, hydro and storage in high-growth markets globally. 12 […]

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Panasonic, Equinor Form Partnership for Establishing European Battery Business

Panasonic, Equinor and Hydro have signed an MoU to form a strategic partnership to explore possibilities for establishing a European battery business. Panasonic, energy company Equinor and industrial group Hydro have signed a Memorandum of Understanding (MoU) to form a strategic partnership to explore possibilities for establishing a sustainable and cost-competitive European battery business. The […]

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Scatec Solar acquires SN Power, building a global leader in RE

Scatec Solar has signed a binding agreement to acquire 100% of the shares in SN Power, a leading hydropower developer and IPP, from Norfund for a total equity value of USD 1,166 million. The acquisition forms an important part of Scatec Solar’s broadened growth strategy, with an ambition to become a global large-scale player in […]

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SJVN Looking to Acquire Hydro and Solar PV Projects

An EOI has been issued by SJVN The Satluj Jal Vidyut Nigam (SJVN), a joint venture of Government of India and the Government of Himachal Pradesh, is on the lookout for solar PV and hydropower projects for acquisition. With this, SJVN becomes second government agency after NTPC to go for acquisition recently for expansion. SJVN […]

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Enel Awarded 106.3 MW in Italy in GSE’s Second Auction

Enel Green Power has been awarded 68 MW of wind projects and 38.3 MW for repowering of already-operational hydro plants in the second GSE auction in Italy. Enel Green Power has announced that it has been awarded 68 MW of new renewable capacity for two wind projects and 38.3 MW of nominal capacity deriving from […]

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Greenko Raises $824 mn in Equity Funding From GIC and ADIA

Greenko has announced the signing of definitive agreements for a primary equity funding of $824 million from an affiliate of GIC and by the ADIA Hyderabad-based Greenko Energy Holdings, one of India’s leading renewable energy companies, has announced the signing of definitive agreements for a primary equity funding of US$ 824 million, which includes a […]

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Spot Power Prices Drop 11% in June to Rs 3.32/unit

Average spot power prices drop 11 percent to Rs 3.32 per unit in June compared to the year-ago month, IEX said. Average spot power prices drop 11 percent to Rs 3.32 per unit in June compared to the year-ago month, the Indian Energy Exchange (IEX) said. With the trading of 4,207 million units (MU) of electricity, the […]

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Himachal Targeting Rs 85K Cr in Funding for RE, Infra and Transport

The Himachal Pradesh government has set a target of attracting investments to the tune of Rs 85,000 crore for Renewables, Infrastructure and Transport. The Himachal Pradesh government has set a target of attracting investments to the tune of Rs 85,000 crore and has already succeeded in signing a memorandum of understanding (MoUs) worth Rs 22,964 […]

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