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Andhra Pradesh to set up Energy Conservation Cells in Government Departments

The government of Andhra Pradesh is planning to set up Energy Conservation Cells in all its departments to promote efficient use of energy at all levels In a bid to promote energy conservation and efficiency, the state government of Andhra Pradesh is planning to set up Energy Conservation Cells (ECC) in all its departments to promote efficient use of […]

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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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Ørtsed Reports Strong First Half for 2020, Operating Profit of $1.5 Bn

Ørsted has issued its interim report for the first half of 2020, reporting an operating profit (EBITDA) of USD 1.5 billion, an 11 percent increase YoY The Board of Directors at Ørsted has approved the interim report for the first half (H1) of 2020. The firm reported an operating profit (EBITDA) of DKK 9.8 billion […]

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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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Renewables in 2020 Will be Fastest-Growing Source of Electricity in the US: EIA

The EIA has revealed that it expects renewables to be the fastest-growing source of electricity generation in the US in 2020. The US Energy Information Administration (EIA) has revealed in its Short Term Energy Outlook (STEO) that it expects renewables to be the fastest-growing source of electricity generation in the US in 2020. It has […]

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PTC India Reports net Profit of Rs 100 Crore in April-June Quarter

PTC India has posted a consolidated net profit of just over Rs 100 crore (100.6) for the April – June quarter, witnessing a 7 percent increase YoY. PTC India, a power trading solutions provider, has reported its financial results for the April – June quarter of the financial year 2020. The company has managed to […]

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NHDC Tenders for 25 MW Floating Solar Park in Madhya Pradesh

NHDC has issued a tender, for eligible firms to take up the EPC work for 25 MW floating solar power park at the Omkareshwar reservoir in Madhya Pradesh NHDC Limited, a JV company of NHPC Ltd and the Government of Madhya Pradesh, has issued a tender, inviting bids from eligible firms for taking up the […]

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Boralex Completes $805 Mn Refinancing for 230 MW Wind Farm in Canada

Boralex has completed the USD 805 million refinancing over 16 years for its 230 MW Niagara Region Wind Farm in Ontario, Canada. Boralex Inc has announced that it has completed the approximately USD 805 million refinancing over 16 years for its 230 MW Niagara Region Wind Farm (NRWF) in the Niagara Peninsula, Ontario, Canada. NRWF was commissioned on […]

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