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RE projects

Glidepath Ventures Sells Solar Project Portfolio Worth 887.5 MW

Glidepath Ventures has announced the sale of an 887.5 MW dc portfolio of early-stage utility-scale solar projects in the PJM Interconnection Glidepath Ventures has announced the sale of an 887.5 MW dc portfolio of early-stage utility-scale solar projects in the regional transmission area PJM Interconnection (PJM) to a leading clean energy-focused development and investment firm. […]

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UK the Global Hotspot, but Offshore Wind Potential is Spread Globally

The UK has cemented its status as the global market leader in offshore wind, according to an analysis which puts it on top, followed by Taiwan and the US The United Kingdom (UK) has cemented its status as the global market leader in offshore wind, according to an analysis released by the Renewables Consulting Group […]

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IFC Invests $200 Mn in Africa’s Largest Green Bond

IFC, an arm of World Bank, has invested about USD 200 million recently in the green bond issuance of Standard Bank of South Africa placed on the London Stock Exchange (LSE). Standard Bank Group is the largest African bank by assets having presence across 20 African countries. This is Africa’s largest green bond and South […]

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Power Trade at IEX Grew by 57% in February, REC Sales Increased

The volume of power traded at IEX grew by 57% in February, mainly due to Discoms opting for replacement of costlier power with exchange-based procurement. The volume of power traded at the Indian Energy Exchange (IEX), the country’s largest online electricity platform, grew by 57 percent to 4,516 million units in February this year. IEX […]

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Sterlite Power Secures Rs 2,024 Cr Funding from IndusInd Bank, L&T Infra for Transmission Project in Gujarat

Global player in the power transmission space Sterlite Power has secured funding for about Rs 2,024 crore for its power transmission project in Gujarat. The company said that, it has achieved financial closure for its Lakadia Vadodara Transmission Project Ltd (LVTPL). It further added that, we have secured funds worth Rs 2,024 crore from IndusInd […]

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SECI Announces 3 new Tenders for 81 MW Solar Projects in SCCL

SECI will soon be issuing tender documents for 3 solar projects to be developed at Singareni Collieries Company Limited (SCCL) in Telangana. The Solar Energy Corporation of India (SECI) has announced that it will soon be issuing tender documents for 3 solar power projects to be developed at the Singareni Collieries Company Limited (SCCL) in […]

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Vedanta Seeking Developers for 100 MW Solar Projects in Odisha

Vedanta Limited has issued an RfP for the selection of developers for setting up a 100 MW solar project under the BOOT Model at multiple land parcels of Vedanta in Odisha. Vedanta Limited has issued a Request for Proposal (RfP) for the selection of developers for setting up of 100 MW ground-mounted solar project through […]

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TPDDL to Procure 100  MW Solar, 50 MW Wind Power From SECI After CERC Approval

CERC while hearing on two petitions filed by TPDDL has approved the tariffs of Rs 2.54/kWh for 100 MW solar & Rs 2.52/kWh for 50 MW wind power from SECI The Central Electricity Regulatory Commission (CERC) while hearing on two petitions filed by Delhi-based power Discom Tata Power Delhi Distribution Limited (TPDDL) has approved the […]

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Slow Progress in January 2020, Indicates MNRE Report to Cabinet

In it’s report for the month of January 2020, the Ministry of New And Renewable Energy has seen fit to highlight the following key points for the month of January 2020. The report is a document generated for each month, and supposed to be followed  by most ministries. MNRE, we are happy to share, is […]

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