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RE developers

Predictably, Government Shuts Loophole For Concessional Import Of Solar Modules

In a move that many felt was widely anticipated, but where the delay on acting had given rise to hopes too, the government has finally moved to shut down the option of importing solar modules using a provision in the Project Import Regulations, 1986 that allowed complete power plants to be imported at concessional rates. […]

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Madhya Pradesh Eyes 50000 Cr Investment for RE Segment by 2027

Recently, Madhya Pradesh Government published the new renewable energy policy titled “Madhya Pradesh Renewable Energy Policy – 2022.” Madhya Pradesh government indicates investing Rs 15,000 crore and Rs 50000 crore for RE (renewable energy) generation industry. The state government plans to build four thousand (4,000) MW of renewable energy projects in the open access solar […]

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Scientists Develop A Wind Harvester That Can Generate Power From Light Breeze

As engineers and scientists worldwide are grinding their brains to develop existing green renewable energy generation or to find new ways to produce green energy, there is a wave of research and innovations worldwide. Riding on one such wave, scientists at Nanyang Technological University (NTU) invented a new device that can harness the wind, as […]

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Offshore Wind Energy: Top 5 Five Things You Didn’t Know

India is blessed with a coastline of about 7600 km surrounded by water on three sides and has good prospects of harnessing offshore wind energy. There is a lot of research, innovations, and investment going on in the field of renewable. From government measures to private efforts down to regular citizens, all are contributing towards […]

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Rajasthan Govt Launches Program for Farmers to Build Solar Plants on Barren Land

The Rajasthan government has started a program to assist farmers who want to build solar energy plants on their unusable or unused property (Barren Land). A senior state government official stated, “The farmers can lease their unused land under the Saur Krishi Aajeevika Yojana (SKAY) program to build solar energy plants, which would help them […]

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Coping With Volatility- The New Reality Of EPC Contracts

Engineering, procurement and construction (EPC) firms are operating in an environment of uncertain, complex and ambiguous conditions. They are hit hard by rising commodity prices and cost escalation, exacerbating pressure on margins. The need of the hour is to work transparently and find collaborative solutions to arrive at win-win solutions to manage volatility. Total installed […]

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Leading Renewable Energy Developer Tri Global Energy Acquired by Enbridge

One of the leading developers of renewable energy in the USA, Tri Global Energy has completed its acquisition by Enbridge, Canada’s largest energy company. The official statement of Tri Global Energy further has confirmed this. In the process, Lazard served as lead financial advisor to Tri Global Energy, and Haynes and Boone served as outside […]

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Italy Allocates 413 MW Of Renewable Energy Projects In 9th Auction

In a fresh development, the energy agency of Italy, Gestore dei Servizi Energetici (GSE), has announced the results of the 9th renewable energy auctions of the country. The agency allocated over 413 MW of capacity for renewable energy projects of over 1 MW in size. Out of the total RE allocation, the agency awarded over […]

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