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GE Renewable Energy

KPI Green Gets Rs 686 Crore Credit Facilities For Kutch Solar project

KPI Green Energy has received a final sanction letter for credit facilities amounting to Rs. 686 Crores for the development of a 200 MWAC (240 MWDC) Solar Photovoltaic Power Project in Khavda, Kutch District. According to a regulatory filing by the company, it had earlier raised Rs. 300 Crores through a Qualified Institutional Placement (QIP), […]

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DERC Issues Peer-to-Peer Energy Transaction Guidelines 2024

The Delhi Electricity Regulatory Commission (DERC) recently released Peer-to-Peer Energy Transaction Guidelines 2024. These guidelines aim to foster the use of renewable energy and provide additional income opportunities for prosumers. By leveraging innovative technologies and ensuring consumer savings, DERC has sought to enable prosumers and eligible consumers to securely and reliably buy and sell electricity […]

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Stock June 27: Shakti Pumps Powers On, Charge for JSW Energy From New PPAs

New order flows, and optimism around more support for renewable players in the upcoming budget ensured that most green stocks were in the green today. JSW Energy benefited from announcement of more PPAs, while Shakti Pumps kept up with the strong momentum behind it for being the largest player in the solar pumps business. Solar EPCs […]

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Serentica Invites Worldwide EoI for 800 MWh Standalone Battery Energy Storage

Serentica Renewables has invited expressions of interest (EoI) to set up interstate transmission system-connected Battery Energy Storage Systems (BESS) to supply 800 MWh of battery capacity to Serentica’s round-the-clock green energy projects. Serentica is seeking technical partners worldwide to supply state-of-the-art Battery Energy Storage Systems capable of delivering reliable energy storage. The projects will comprise […]

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JSW Energy Signs PPAs for 1,325 MW of Renewable Energy Projects

JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited, has made significant strides in its renewable energy expansion. The company has signed Power Purchase Agreements (“PPAs”) through its subsidiaries for wind and solar projects with a cumulative capacity of 1,325 MW. This includes 1,025 MW with Solar Energy Corporation of India Limited […]

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Green Stocks June 26: Inox Wind Stock Price Surges By 2.65%

The stock market today saw a slight rise in stock prices with Inox Wind Energy receiving a positive growth of 2.65%, followed by Sterling and Wilson Renewable Energy receiving a 1.18% rise followed by Shakti Pumps share receiving a gain of 1.17%, whereas, Gensol Engineering stock faced major drop of 2.42%. Company name Closing Price […]

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GMDC, GUVNL Sign Energy Security Pact In Gujarat

GUVNL and GMDC have collaborated for Development of the coal-based & Lignite power stations for Energy Security for  Gujarat. This partnership underscores a collective dedication to bolster energy security through sustainable coal & lignite utilisation. Kanubhai Desai, Gujarat Minister of Finance, Energy & Petrochemical, said, “The signing of this MOU marks a historic milestone as […]

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Renewables Can Cut 17% of India’s Heavy Industry Emissions: Ember

A new report from the energy think tank Ember highlights the crucial role of renewables-based electrification in avoiding 17% of the anticipated carbon emissions from India’s heavy industry by 2030. This report indicates possible near and long term strategies to smash emissions as India negotiates with the EU bloc on mechanisms to comply with the […]

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News In Brief June 25: Hitachi Energy, Panasonic

Hitachi Energy India Set To Build Rs. 790 Crores Project In Australia Hitachi Energy India a digital systems, power, and renewable energy solutions provider recently received an order of Rs. 790 Crores from a fellow subsidiary. Hitachi Energy Australia Pty Ltd is set to execute the project – Marinus Link – Voltage Source Converter (VSC), […]

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