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RE projects

Waaree Launches India’s First 400 Wp Modules; Eyes Exponential Growth in FY20

“The module is apt for both commercial and residential projects, especially when space allocation is a challenge,” Rathi added. Country’s one of the leading PV module maker and EPC services provider, Waaree Energies has launched a series of next generation solar modules called Super 400 in India. The company claimed that this is the country’s first […]

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EESL Issues Tender For Solar Projects Worth 100 MW in 3 States

The last date for bid submission is July 8, 2019 Energy Efficiency Services Limited (EESL), a joint venture of PSUs of Ministry of Power (Govt. of India) has issued a tender, seeking bids from eligible bidders for developing solar power systems worth a total of 100 MW at various locations in three states. The scope of […]

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Senvion and TWB II Secure Project Delivery of 200 MW Offshore Wind Farm

Senvion and Trianel Windkraftwerk Borkum II (TWB II) announced today to continue their cooperation agreement for the supply of turbines. The project partners have agreed on a new supply contract, which will ensure supply of wind turbines for the Trianel Borkum II wind farm. The remaining 17 of the 32 wind turbines are supposed to […]

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IREDA Seeking Resource Assessment Agencies for Solar and Wind Energy

The last date for bid submission is May 31, 2019, for empanelment of resource assessment agencies. The Indian Renewable Energy Development Agency Limited (IREDA) has issued a Request for Proposal (RfP) inviting proposals from eligible parties for empanelment of resource assessment agencies for solar and wind energy. The brief scope of work for the empaneled […]

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Alfa Ventures Invests in Noida-Based Skilancer Solar

Alfa Ventures recently has invested in cleantech startup Skilancer Solar. Venture Capitalist fund, Alfa Ventures has announced that it has invested in Noida-based startup, Skilancer Solar. The VC fund has, however, not disclosed the amount that it has invested in the startup that primarily works in artificial intelligence-powered autonomous robot for cleaning of solar panels. […]

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Foray into RE and EV Segments Yields 50% Jump in Net Profits For BHEL

The company posted a 50.7 percent jump in net profits for the year ending March 31, 2019. The largest power equipment manufacturer in the country, state-owned Bharat Heavy Electrical Ltd. (BHEL) recently released its financial results for the financial year 2018-19. The company posted a 50.7 percent jump in net profits for the year ending […]

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Pharma Major Cipla Acquires 26 Percent Stake in AMPSolar Owned Local SPV

The acquisition is expected to be completed by June 12, 2019. Cipla has invested Rs 12.9 crore for the 26 percent stake in the SPV. Indian multinational pharmaceutical and biotechnology company, Cipla, has announced the acquisition of a 26 percent minority stake in AMPSolar Power Systems Pvt. Ltd. (AMPSolar), a wholly owned subsidiary of AMPSolar […]

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MNRE Mulling Over Public Portal To Disclose Payment Delays by Discoms

MNRE may open an online portal to publicly disclose the status of Discoms’ payments. The Ministry of New and Renewable Energy (MNRE) is considering setting up a web portal to publicly disclose payment delays to renewable energy players from power distribution companies (Discoms). The move is expected to usher in more transparency in pending payments. […]

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Scatec Solar Brings on MT Energy For 485 MW Solar Projects in Vietnam

Scatec Solar is envisioned to provide the project’s equity funding. In addition, the company will be the turn-key EPC provider and will be providing Operation & Maintenance as well as Asset Management services to the projects. Norway-based Scatec Solar has partnered with MT Energy, a Vietnamese energy company, to develop, finance, construct and operate large-scale […]

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