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EDPR Sells its 242 MW Wind Portfolio for EUR 426 Mn to Finerge

EDPR has signed an agreement with Finerge to sell its entire stake in a 242 MW operational wind portfolio to the Portuguese firm for EUR 426 million. EDP Renewables, a global leader in the renewable energy sector and one of the largest wind energy producers in the world, has signed a Sale and Purchase Agreement […]

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Brookfield Renewable to Issue Green Bonds Worth $318.75 Mn

Brookfield Renewable Partners has agreed to issue USD 318.75 million aggregate principal amount of medium-term notes (green bonds). Brookfield Renewable Partners has announced that it has agreed to issue CDN$ 425 million (USD 318.75 million) aggregate principal amount of medium-term notes (green bonds), Series 14, due August 13, 2050, which will bear interest at a […]

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EESL Tenders for 279 MW of Solar Power Systems in Maharashtra

EESL has tendered for the commissioning of 279 MW (cumulative) solar systems of capacities ranging between 2 MW and 10 MW across Maharashtra. The Energy Efficiency Services Limited (EESL), a joint venture of PSUs under the Ministry of Power, has issued a tender for the commissioning of 279 MW (cumulative) solar power generating systems (SPGS) […]

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Government Introduces new Consumer Charter to Seek 24×7 Power

The Government proposes to bring in regulations that will give rights to the consumer to seek 24X7 power supply in their homes The Government proposes to bring in regulations that will give rights to the consumer to seek 24X7 power supply in their homes and provide them compensation for any deviation from the stated goal. Sources close […]

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India’s Top 5 Solar Power Producers Based on Installed Capacity

In India’s energy sector which is largely dominated by coal-powered plants, we take a look at the top 5 power producers which are producing power from what India expects will take over from coal in the long term as its leading source of energy – Solar Energy. Solar energy has become the leading resource for […]

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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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Rs 1.8 Tn Investment in Transmission Segment in India by 2025: ICRA

ICRA expects an investment of Rs 1.8 trillion by 2025 in the power transmission segment in India, driven by evacuation infrastructure for RE projects. Independent investment information and credit rating agency ICRA has revealed in a new analysis that it expects an investment of Rs 1.8 trillion over the five-year period from FY2021 to FY2025 […]

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BSES Launches Replacement Scheme for ACs and Fans in Delhi

The BSES Discoms have launched a replacement scheme for its consumers in Delhi to have energy-saving ACs and fans for a substantial discount. The BSES Discoms have launched a replacement scheme for its consumers in Delhi to have energy-saving air conditioners (ACs) and fans for a substantial discount, a company spokesperson has confirmed. The BSES Yamuna Power […]

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Maharashtra has Achieved 9.7 GW of its 22 GW by 2022 RE Target

As of June 2020, Maharashtra has an installed renewable energy capacity of 9.7 GW, which is 44 percent of its 2022 target of 22 GW. Maharashtra has renewable energy potential of 75 GW, which is 8.3 percent of the country’s total potential. As per the state’s National Electricity Plan 2018, Maharashtra has a renewable energy […]

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