renewable power

Ireland’s IPP Power Capital RE Secures €240 Million for 1.2 GW of Solar Assets

Ireland’s leading solar Independent Power Producer, Power Capital Renewable Energy, has announced the closing of an up to EUR 240 million construction equity facility for the development of solar power projects. Power Capital held that the financial facility has been closed with a consortium of lenders managed by Eiffel Investment Group including Belgian insurance company Ethias […]

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Plans To Prepare Grid For 500 GW Of Renewables Announced For India

India continues to put the building blocks in place for meeting its ambitious climate goals, of which one of the biggest ones, 500 GW of renewable power capacity by 2030 is well and truly on its way. Matching intent with ability is the latest plan titled “Transmission System for Integration of over 500 GW RE […]

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GUVNL Invites RFS for 500 MW Solar Projects with Greenshoe Option

Gujarat Urja Vikas Nigam (GUVNL) has floated a request for selection to purchase power through a competitive bidding process from 500 MW grid-connected solar PV power projects to be set up anywhere in India. There is a greenshoe option with an additional capacity of 500 MW (RFS for 500 MW). The last date for submitting […]

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GUVNL Invites Bids for 300 MW Wind Power Project Phase IV

Gujarat Urja Vikas Nigam Ltd. (GUVNL) has floated a tender the phase IV of 300 MW grid-connected for the purchase of power through a competitive bidding process. This project will be a grid-connected wind power project to be set up anywhere in India with an additional 300 MW capacity under the ‘Greenshoe Option’ for compliance […]

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GUVNL Floats Bids for 600 MW Solar Projects With A Greenshoe Option

Gujarat Urja Vikas Nigam (GUVNL) has floated a tender to purchase power from 600 MW of grid-connected solar power projects at the Khavda Solar Park, Gujarat. There is a greenshoe option with an additional capacity of 600 MW for inclusion in this tender. The last date for submitting the bid for this 600 MW solar […]

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Harsh Shah Exits Azure Power; Rupesh Agarwal Steps in as Acting CEO

Leading renewable power producer in India, Azure Power Global Limited has announced the appointment of Rupesh Agarwal as its Acting Chief Executive Officer (CEO). Agarwal will take the reigns of the organisation from Harsh Shah, who has resigned as CEO with immediate effect. The Board will consider the appointment of a new permanent CEO in […]

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GUVNL Invites RFP For Procurement of 500 MW Power

Gujarat Urja Vikas Nigam Limited (GUVNL) has invited request for proposals for 500 MW of power supply on a short-term basis through tariff based competitive bidding process.  The last date for submitting the online bid is September 01, 2022, till 06:00 pm. Bids will be opened on September 02, 2022, at 11:00 am. For participating […]

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GUVNL Issues Request for Selection For Pilot Projects in Gujarat

Gujarat Urja Vikas Nigam Limited (GUVNL) has invited a Request for Selection (RfS) for setting up of Pilot Projects of 500 MW/1000 MWh Standalone Battery Energy Storage Systems in Gujarat under Tariff-Based Global Competitive Bidding (Phase-I).  The last date to submit the bid is “Applicable as per NIT on the ISN-ETS portal”. This GUVNL 500 […]

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New Fitch Report Says Saudi Arabia Solar Power Expansion To Reach 5.1 GW By 2031

Fitch Solutions has come up with a fresh report stating that the solar power capacity of Saudi Arabia might grow to more than 5.1 GW between 2022 and 2031. The solar expansion holds massive potential given the long-term power sector plans and policy support from the Saudi Arabia government. The report also said that Saudi […]

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