wind energy projects

ONGC, NTPC Green Energy In Tie-Up For Offshore Wind

Oil and Natural Gas Corporation (ONGC) and National Thermal Power Corporation Green Energy Limited (NGEL) have signed a Joint Venture Agreement (JVA) to focus on offshore wind energy projects. The development was widely expected considering the push into offshore wind, and ONGC’s own experience with the domain relatively among energy majors. The agreement was signed […]

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For India’s Renewable Energy Projects: A Creditworthiness Assessment Framework

India has set itself an ambitious target of meeting 50% of its energy requirement from renewable sources by 2030. To help power India’s sustainable energy vision, Renewable Energy (RE) projects must be sustainable by themselves which can only be attained through robust credit worthiness assessments in the RE sector. A reliable framework is essential to […]

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Around 54 GW of RE Projects Under-Construction in India: CEA Report

  Month Day, Year by Author via Twitter According to a report on Under Construction Renewable Energy Projects released by the Central Electricity Authority (CEA), India’s installed renewable energy (RE) capacity, excluding large hydro, reached approximately 125.16 GW by the end of March 2023. The report indicates that the country aims to add over 54 […]

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Hidroelectrica & Masdar Form JV for Green Projects in Romania

Romanian energy firm Hidroelectrica and UAE renewable energy firm Masdar have signed a joint venture agreement to build wind farms offshore and floating solar parks in Romania. Speaking on the occasion, Bogdan Badea, the President of Hidroelectrica, said, “The initialing by Hidroelectrica and Masdar is one of the most important joint venture agreements intended for […]

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Canada’s Boralex Acquires 50% Stake in Five Wind Farms of 894 MW in US

In a major development, EDF Renewables North America has announced that the company has completed the transaction with Boralex Inc. by which Boralex has acquired EDF Renewables’ 50-percent ownership interests in five wind power projects totaling 447 MW in Texas and New Mexico. This has taken the renewable energy portfolio of the purchaser to further […]

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Renew-SECI Tussle At CERC Indicates Further Trouble For Wind Energy

India’s wind energy sector has been stuttering, even as solar has managed to escape the worst of the slowdown blues. So much so that multiple developers that were invested in growing both Wind and Solar energy projects, have quietly moved away almost exclusively to solar now, other than the odd Hybrid project that comes up. […]

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Amazon Announces 3 New Wind Projects for Powering Web Services

Amazon has committed three new renewable energy projects as part of its long-term goal to power all Amazon Web Services (AWS) global infrastructure with renewable energy. Online retail giant Amazon announced three new renewable energy projects as part of its long-term goal to power all Amazon Web Services (AWS) global infrastructure with renewable energy. Three […]

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Breakthrough! Gujarat Finally Relents, Central Wind Energy Projects to Move

After months of uncertainty, the Gujarat government has finally budged, agreeing to making land available for Wind Energy projects bid out by SECI, the ‘central’ agency responsible for them. The news of Gujarat’s change in stance will be welcomed by SECI and developers alike, because the situation was threatening to get completely out of hand. […]

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