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NTPC Looks for Power Generators for Supply of 1500 MW Solar-Wind Projects

NTPC Ltd. has issued a tender and invited online bids from eligible bidders on Single Stage Two Envelope (that is, envelope-I: technical bid and envelope-II: financial bid) with reverse auction for the selection of hybrid power generators for the supply of 1500 MW power from ISTS connected -solar-wind hybrid power projects anywhere in India (NTPC-Tranche-IV) […]

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For India’s Renewable Energy Projects: A Creditworthiness Assessment Framework

India has set itself an ambitious target of meeting 50% of its energy requirement from renewable sources by 2030. To help power India’s sustainable energy vision, Renewable Energy (RE) projects must be sustainable by themselves which can only be attained through robust credit worthiness assessments in the RE sector. A reliable framework is essential to […]

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UAE’s Clean Energy Powerhouse Masdar Expands European Footprint With 1GW Portfolio

Masdar, the UAE’s clean energy powerhouse announced the acquisition of eight hybrid renewable energy projects, along with Taaleri Energia, a Finland-based renewable energy developer and fund manager, marking a significant expansion to both companies’ Polish renewable energy portfolios. The announcement was made on December 4, and follows a series of announcements by the government owned […]

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IEX Power Market Update for November 2023

Indian Energy Exchange (IEX), India’s largest power trading exchange, had a strong November, achieving 9,136 MU overall volume, including 7.55 Lac Renewable Energy Certificates (RECs) (equivalent to 755 MU), marking a 17.5% increase on YoY basis. IEX achieved 8,371 MU total electricity volume in November 2023, registering an increase of 13% on YoY basis. However, […]

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Tripling RE Power With Efficiency Will Accelerate Fossil Phaseout: EMBER

Energy think-tank EMBER in its recent report, analyzed the impact of increasing renewables and doubling efficiency on phasing out of fossil fuels. The findings reveal that renewables contribute significantly to efficiency, delivering about 85% of the targeted fossil fuel cuts by 2030. EMBER indicates that, by 2035, renewables and efficiency alone can slash total CO2 […]

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Bihar State Power Generation Company Ltd to Procure Power for 10 MW Floating PV

Bihar State Power Generation Company Ltd (BSPGCL) has issued a tender for the procurement of power through tariff-based competitive bidding from grid-connected 10 MW (AC) floating solar PV power project to be set up under RESCO mode over the Reservoir of Phulwaria Dam at Rajauli, Nawada in the state of Bihar. The Earnest Money Deposit […]

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O2 Power Awards 97 MW Wind Turbine Order to GE Vernova

Independent Power Producer O2 Power has awarded a 97 MW turbine project to Massachusetts-headquartered GE Vernova. The wind project is located in Maharashtra. The wind project encompasses the supply, installation and commissioning of 36 units of GE’s workhorse 2.7-132 wind turbines. The agreement will pave the path for the supply of renewable energy to several […]

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SOFAR & BelEnergy to Boost LATAM’s Renewable Energy Development

SOFAR, a global provider of all-scenario PV & ESS solutions, announced that it has entered into a partnership with BelEnergy for the national distribution of the firm’s extensive solar and storage portfolio. With more than 250 thousand solar plants running nationwide, the rising number of end customers will be able to have access to SOFAR […]

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Sterlite Power Wins 8 GW Green Energy Transmission Project in Rajasthan

Sterlite Power, a private sector power transmission developer, has secured an order for Rajasthan REZ Ph-IV (Part-1-Bikaner Complex): Part-B Transmission project. With this order win, Sterlite Power has secured its third Green Energy Corridor (GEC) project in the state of Rajasthan. Sterlite Power will be building this project on a BOOT (Build, Own, Operate, Transfer) […]

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