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IREDA Gets Approval for IPO. Will it be Second Time Lucky?

The Integrated Renewable Energy Development Agency ( IREDA), a 100% owned entity of the government of India, has got final nod for an IPO from SEBI, the market regulator. The  final regulatory approval clears the way to the much awaited  initial public offering (IPO) for the state owned firm. While the firm had last targeted […]

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KUSUM Scheme Greatest Setback for Small Manufacturers: Vikas Jain

KUSUM scheme will be the greatest setback for Indian solar manufacturers in the SME/MSME category. Small manufacturers are not eligible to meet the qualifying turnover condition for the scheme. KUSUM scheme was long awaited but we are highly disappointed to see the terms. We have already submitted our representation to the concerned authorities, says Vikas […]

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Engie EPS Selected for Solar Plus Storage Projects in Guam

Engie EPS has been selected as the successful bidder for the construction of two solar-plus-storage projects under a 20-year PPA in Guam Engie EPS, a subsidiary of the Engie group, involved in the energy storage systems and microgrids segment has been informed that the Power Authority of Guam, a US territory in the Western Pacific, […]

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Total Begins Construction of 3rd Solar Plant in Japan

Total Solar International has announced the start of the construction of the company’s 52 MW Miyagi Osato Solar Park in Japan. Total Solar International, a wholly-owned subsidiary of the Total Group, dedicated to utility-scale solar plants, has announced the start of the construction of the company’s Miyagi Osato Solar Park, a large-scale solar plant of […]

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Delhi Discoms Penalised for Defaulting on RPOs

DERC has imposed penalties to the tune of Rs 1.71 crore on discoms TPDDL and Rs 2.88 crore each on BYPL and BRPL for defaulting on their RPOs Delhi’s power regulator, the Delhi Electricity Regulatory Commission (DERC) has imposed penalties to the tune of Rs 1.71 crore on discoms TPDDL and Rs 2.88 crore each […]

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First in Finland: Elo Shopping Centre to Get over 1 MW Rooftop Solar Plant

This power plant is expected to be completed by the next month of the current year, and Helen Ltd is responsible for the construction of the project. In a bid to get power through renewable energy, Finland’s first roof mounted solar power plant with capacity of over 1 MW, which is currently under construction on […]

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RK Singh Okays Amendments in EV Charging Guidelines to Ease Concerns

BEE has been nominated by the power ministry as the Central Nodal Agency to facilitate the installation of charging infrastructure. In order to provide much-awaited relief to the electric vehicle (EV) owners in the country, Power Minister RK Singh has provided his consent for needed amendments in the EV charging guidelines and specifications. The Ministry […]

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Neoen Issues €200 mn Bond Targeting 5 GW RE Capacity by 2021

Neoen has launched €200 million in senior bonds to finance growth towards the 2021 capacity target of more than 5 GW under construction or in operation French renewable energy producer Neoen has announced the successful launch of an offering of senior unsecured bonds for a maximum nominal amount of Euro 200 million. The company has […]

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Equinor Sells 25% Stake German Offshore Wind Farm for €500 mn

Equinor has sold a 25 percent ownership interest in the Arkona offshore wind farm to Credit Suisse Energy Infrastructure Partners for EUR 500 million. Norwegian multinational energy company Equinor has announced that it has entered into an agreement for the sale of 25 percent ownership (94-95 MW) interest in the Arkona offshore wind farm off […]

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