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Investments in Distributed Energy Likely to Rise Up to 75% by 2030

With the market set for a decade of high growth, the rate of annual investment in distributed energy resources (DER) likely to increase up to 75 per cent by 2030, as analyzed by a leading business consulting firm. The Frost & Sullivan in its recent analysis, ‘Growth Opportunities in Distributed Energy, Forecast to 2030’, finds that favorable regulations, […]

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NSEFI Has a Wishlist for SECI’s 2000MW Tranche IX Solar Tender

The National Solar Energy Federation of India, in a letter from its CEO, Subrahmanyam Pulipaka to the GM, SECI, has urged the agency to extend the last date for submission of bids for its Solar projects under Tranche IX to July 15, 2020. The earlier date for the bid submissions is 22nd June. NSEFI, which […]

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SECI Disburses Rs 10.3 Cr in GST Claims to 6 SPDs in May Payments

SECI has detailed that it has reimbursed six firms or SPDs (across their multiple subsidiary SPVs) for GST claims to the tune of Rs 10.35 crore. The Solar Energy Corporation of India (SECI), the nodal agency for implementing renewable energy projects in the country recently published a list of all the payments (solar/ wind power […]

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Sonnedix, Natixis Close Financing for 100 MW Solar Portfolio

Sonnedix and Natixis have successfully closed senior facilities totaling USD 87 million for an expected 100 MW solar PV portfolio in Chile. Sonnedix, a global solar independent power producer (IPP), and Natixis have successfully closed senior facilities totaling USD 87 million for an expected 100 MW portfolio (Sonnedix PMGD Portfolio) of approximately 20 solar photovoltaic plants in Chile. The Portfolio consists […]

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JA Solar Signs Cooperation Agreement With Mexican Distributor

JA Solar has signed a partnership agreement with Exel Solar, a leading distributor of PV products in Mexico. JA Solar, a manufacturer of high-performance solar photovoltaic (PV) products, recently signed a partnership agreement with Exel Solar, a leading distributor of PV products in Mexico. As part of the agreement, the two parties are set to […]

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Ørsted Reaches Offshore Milestone, Installs 1500th Turbine

Ørsted has reached another milestone in its expanding offshore wind business with the installation of wind turbine 1,500 at the Borssele 1 & 2 project Global offshore wind major – Ørsted has announced that it has reached another milestone in its expanding offshore wind business with the installation of offshore wind turbine 1,500. The firm […]

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GE Secures two Wind Energy Deals in Spain and China

GE Renewable Energy has secured two wind deals. The 1st, to provide FSA for wind farm in Spain, and 2nd, to supply 12 turbines for a wind farm in China. GE Renewable Energy has announced that it has secured two wind energy deals in Spain and China. The first, to provide a 5-year full-service agreement […]

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Azure Announces Financial Results for Q4 2020, 29% Increase in Revenue

Azure Power has issued its financial results for the fiscal fourth quarter ended March 31, 2020. The firm has reported a 29 percent increase in its revenue. Azure Power,  one of India’s leading independent power producers (IPP) for utility and commercial scale solar PV power plants, has reported its financial results for the fiscal fourth quarter ended March 31, […]

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