SUBSCRIBE NEWS LETTER

ESG

C&I Segment: Group Captive Mode to Drive Installations in FY24-FY25-CareEdge Ratings

A new report from CARE Ratings predicts sunny times for solar power through Group captive mode in India’s C&I segment. Commercial & Industrial (C&I) consumers in India have the option to purchase power either through a third-party power plant or through a captive/group captive power plant besides procuring power from the designated utility in their region. […]

Read more

As MoUs Worth Lakhs OF Crores Are Announced By PFC, REC, Hopes Rise

The Central government’s power project financing arms, PFC and its subsidiary REC, have made a slew of green funding announcements recently. In total, the NBFCs Power Finance Corporation Ltd (PFC) and REC Ltd have signed agreements worth ₹5 lakh to fund projects of major green energy firms. While the PFC signed pacts worth ₹2.37 lakh […]

Read more

Masdar Raises US$750 Million Green Bond

Abu Dhabi Future Energy Company PJSC – Masdar announced the successful completion of its first green bond issuance for US$750 million 10-year senior unsecured Notes today. Showing positive appetite from regional and international investors, the order book peaked at US$ 4.2 billion, i.e. oversubscription of 5.6x. Pricing tightened 35 bps between launch and final terms, […]

Read more

Japan’s Orix Bank to Extend $2.89 Billion Funding For Renewables Portfolio

Japanese digital lender Orix Bank will extend roughly 400 billion yen ($2.89 billion) of financing this fiscal year to renewable energy and logistics projects in a bid to diversify its portfolio away from real estate. The lending, which is to be directed toward project financing, will account for nearly a fifth of outstanding loans projected […]

Read more

Sustainability & HSE Specialist

You will be working as Sustainability & HSE Specialist and will be part of Process Automation business area for Process Industries division based in Bangalore, India. In this role you will be reporting to Global Engineering Manager and will be responsible for monitoring the division’s sustainability, environmental, and HSE performance programs, managing internal reporting requirements […]

Read more

Funding New Thermal Power Plants May Create Stranded Assets: IEEFA Report

A latest report by the Institute for Energy Efficiency and Financial Analysis (IEEFA) claimed that new investments in thermal power plants could potentially lead to new stranded assets. The report said it is due to the economic benefits of renewable energy. The report titled ‘Cleaning up the last pile of India’s power sector Non-Performing Assets (NPAs)’ discusses […]

Read more

EDPR Secures 159 MW Contracts In Italian Wind & Solar Auctions

EDP Renewables (EDPR) has said that it has been awarded with a 20-year feed-in-tariff (FiT) of EUR 65.17 for every MWh for 159 MW of renewable capacity. The ward was made to EDPR at the eleventh renewable auction in Italy promoted by the Gestore Servizi Energetici (GSE). The capacity awarded to EDPR represents a 43% […]

Read more

Sterlite Copper to Source 16 MW Hybrid Renewable Power from Serentica Renewables

A power delivery agreement (PDA) has been signed between Serentica Renewables India Pvt (SRIPL) and Sterlite Copper, a subsidiary of Vedanta. The agreement paves the way for Sterlite Copper to source hybrid renewable power of 16 MW capacity for its copper operations in Silvassa. The hybrid project will be established on a captive model. It […]

Read more

Navitas Solar Eyes Expansion Through Partnership with Redington Solar

Navitas Solar, a module manufacturing firm with a capacity of 500 MW p.a., has partnered with Redington Limited (NSE: REDINGTON), a technology solutions provider, for the distribution of solar products across India. The partnership between the two firms will help accelerate the adoption of solar power by businesses and retail segments across the country. Navitas […]

Read more
      SUBSCRIBE NEWS LETTER
Scroll