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UP Commission Approves 200 MW Solar PSA Between SECI and UPPCL

UPERC has approved the PSA signed between UPPCL and SECI for sourcing 200 MW of solar power at a tariff of Rs 2.89/kWh for 25 years. The Uttar Pradesh Electricity Regulatory Commission (UPERC) has in its latest notification informed that after careful deliberations it has approved the Power Sale Agreement (PSA) signed between the Uttar […]

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Iberdrola Secures €690 mn Loan From EIB at COP25

At COP25, EIB and Iberdrola have announced agreements worth EUR 690 million to invest in renewable energy projects and electricity distribution networks. At the Climate Change Conference (COP25) being held in Madrid, the European Investment Bank (EIB) and Iberdrola have announced two new agreements to promote climate action by investing in renewable energy projects and […]

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Punjab to Collaborate With WEF on Electric Mobility

The State Government of Punjab has partnered with WEF to design a public-private pilot project on shared, clean and electric mobility. To combat the growing problem of environmental pollution, the Punjab government has partnered with the World Economic Forum (WEF) to design a public-private pilot project on shared, clean and electric mobility. The state, which is also […]

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Nordex Wins 138 MW Wind Turbine Order in Mexico

The Nordex Group has announced that it has received an order to supply and install 42 wind turbines with a combined rated output of 138 MW in Mexico The Nordex Group has announced that it has received an order to supply and install a total of 40 AW132/3300 and two AW132/3000 wind turbines with a […]

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Futuren Commission 2 Wind Farms in France, Bags Permit for Building Next

Futuren has commissioned two wind farms with a combined capacity of 50.8 MW and obtained a new building permit to install 4 wind turbines in France. Futuren has announced that it has commissioned two wind farms with a combined capacity of 50.8 MW and obtained a new building permit, free of any third-party claim, to […]

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Second O&M Tender Issued in Andhra for 1 GW Kurnool Solar Park

APSPCL has issued a second tender for carrying out O&M services for the 1 GW Kurnool Ultra Mega Solar Park in Andhra Pradesh. The Andhra Pradesh Solar Power Corporation (APSPCL) has issued a second tender, inviting bids from eligible parties for carrying out the operation and maintenance (O&M) services for the 1000 MW (1 GW) […]

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Pacifico Energy Raises $265 mn for its Second Solar Fund

Pacifico Energy has successfully completed the launch of its second solar investment fund at USD 265 million Pacifico Energy has announced that it has successfully completed the launch of its second solar investment fund (Fund II) at USD 265 million or 29 billion Yen. Fund II will be comprised of five Japanese solar power plants […]

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Trend Analysis: Govt Funding for Grid Connected Solar Rooftops

However, the ratio of allocation of funds for the grid-connected solar rooftop segment has been declined sharply. With an aim to promote solar energy in the country, government has taken various significant measures in the past few years including amendments in policies, releasing funds under various schemes for the sector etc. However, most of the […]

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Saipem Bags two Contracts Worth €750 mn for Offshore Wind Farms

Saipem has been awarded two EPCI contracts for the development of two offshore wind farms in Scotland and Taiwan for a combined amount of Euro 750 million. Saipem has announced that it has been awarded two EPCI contracts for the development of two offshore wind farms in Scotland and Taiwan for a combined amount of […]

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