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renewable energy

Botswana Power Corporation Awards Scatec ASA First Large Scale Solar Contract

Norway-based renewable energy leader Scatec has said that it has signed a binding 25-year power purchase agreement (PPA) with and the Botswana Power Corporation (BPC) for the construction of a solar PV facility with a contracted capacity of 50 megawatt. The solar facility will be set up in Selibe Phikwe, a former mining town located []

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BLUETTIs AC500 Portable Storage Launches

Nevada, US headquartered portable power station provider, BLUETTI will formally introduce its brand-new model AC500. According to the company, the AC500 solar generator is a replacement for the AC300 solar generator. The company claims that it is entirely modular and devoid of any integrated batteries. An expansion battery pack, the B300 is being launched as []

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NTPC Trading Arm Invites EOI For RTC Green Power

NTPC Vidyut Vyapar Nigam Limited, a power trading subsidiary of NTPC Limited, has invited expressions of interest from renewable energy developers for round the clock (RTC) power supply for the medium to long term. The latest tender indicates the pace at which demand for green RTC power is going up, as utilities look to ensure []

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The Bridge to 280 GW Of Solar. Corporate India Steps Up

They have the money, resilience, and execution ability that can leave an indelible impact on Indias economy; but can the countrys corporates (C&I sector) open up a new growth engine for Indias solar movement? The time, it seems, has arrived. As always in India, among the stakeholders, there will be many who will want to []

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Inox Wind Board Gives Go-Ahead to Raise Up To Rs 800 Crores

Noida-based wind energy solution provider, Inox Wind announced recently that the Board has given the company permission to finance up to Rs 800 crore through the private placement of non-convertible preference shares to promoters. The official news release states that the money raised would go toward paying off the debt. According to Devansh Jain, executive []

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IKEA Owner- Ingka Group Buys 49% Stake in Swedish Wind Power Projects

Ingka Investments, the investment arm of Ingka Group that owns IKEA stores worldwide, has announced that it has acquired a 49 per cent share in three offshore wind development projects from OX2 in Sweden for a price of 58 million. The official statement of Ingka held that the power generating potential of the three offshore []

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Chandigarh Judged Best for Solar Power Installations Among UTs

Chandigarh has been judged best among the Union Territories with regards to solar power installation in an award function organised under the aegis of Association of Renewable Energy Agencies of States (AREAS). Chandigarh was also awarded the solar installations it had made in the 8th Foundation Day of AREAS celebrated in Cochin, Kerala. AREAS was []

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Indian Oil Releases Tender to Buy Land in Odisha for 10MW Solar Project

To build a 10 MW solar project in Odisha, Indian Oil Corporation (IOCL) has released a tender for the sale of 50 acres of land. The last date for submitting the online bid is September 26, 2022, and the bids will be opened on September 27, 2022. Each interested bidder will have to pay Rs. []

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Khuba Asks States to Set RE Targets, Calls Sectors To Contribute to 500 GW Goal

Union Minister of State for New and Renewable Energy and Chemicals and Fertilizers, Bhagwanth Khuba said that concerted efforts from all sectors is vital to achieve the goal of 500 GW renewable energy capacity by 2030 that India has set. Khuba lauded the role of the states so far in the renewable energy sector as []

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