Renewable

Australia’s CEFC Invests $72 Mn in Renewables Fund

This is the largest equity investment ever made in renewable energy in Australia with an aim to encourage institutional investors. Making a tremendous renewable energy push, Australia’s Clean Energy Finance Corporation (CEFC) has invested US $72 million (AU $100 million) in the Australian Renewables Income Fund (ARIF). This is the largest equity investment ever made […]

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Greenbacker Renewable Energy Buys 10.8 MW portfolio From Sol Systems

The two projects, Project Blue Star and Project Phoenix, which are collectively known as the the Phoenix Solar Portfolio, are located in Kent County and Prince Georges County, Maryland. Greenbacker Renewable Energy has announced today that it has purchased the rights to a 10.8 MW portfolio of two solar projects from Sol Systems. The two […]

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MYSUN Commissions Rooftop Solar Plant at St Xavier’s Mumbai

The plant was inaugurated by Adi Godrej, Chairman of the Godrej Group and Nadir Godrej, Managing Director of Godrej Industries, both being illustrious alumni of the school. MYSUN has successfully commissioned a grid-connected rooftop solar plant at St Xavier’s School in Mumbai. The plant was inaugurated by Adi Godrej, Chairman of the Godrej Group and […]

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UK Government Gives £100 million for Renewable Energy Projects in Africa

The new investment triples funds for the Renewable Energy Performance Platform (REPP), to support up to 40 more renewable energy projects over the next 5 years UK Government has earmarked a fund of £100 million for the development of renewable energy projects in Africa. The new investment triples funds for the Renewable Energy Performance Platform […]

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India Adds Record 1,538 MW of Solar Rooftop by September 30: Report

The report said that the solar capacity is expected to reach 15.3 GW by March 2022 in a scenario where the growth takes place at the current rate. Pioneering as a leader in solar energy, India installed a record 1,538 MW of solar rooftop in the year ended September 30, 2018, bringing the total rooftop […]

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IL&FS to Monetise its Green Energy Portfolio Worth Rs 8,000 Crore

This comes on the backdrop of IL&FS already having received a good response for the potential sale of its two arms. Debt laden Infrastructure Leasing & Financial Services has decided to monetize its renewable energy assets worth Rs 8,000 crore and has initiated the process to sell its controlling stake in green energy business as […]

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NTPC to Purchase 1000 MW from Existing Solar and/or Wind Energy Producers

The RfS document is available for download from November 27, 2018 to December 9, 2018 and the last date for submission of technical bid is December 20 2018. National Thermal Power Corporation (NTPC), India’s largest energy conglomerate, has recently invited bids from existing solar PV power plants and wind power plants for the reverse auction […]

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Tangedco Gets Approval to Float Solar and Wind Tenders

The tenders will be floated in December and the companies taking part in the bidding will have one year to commission the project. Tamil Nadu Generation and Distribution Corporation (Tangedco) has revieced an approval from the Tamil Nadu Electricity Regulation Commission (TNERC) float solar and wind power tender for the financial year 2018-19. The tenders […]

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