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REC Limited Raises USD 500 Million Through Bonds

REC Limited has successfully raised USD 500 million 5.5-year Reg-S only bonds issued under its Global Medium Term Programme of USD 7 billion. Proceeds of the bond will be used to finance power projects following the approvals granted by the RBI from time to time and under the ECB Guidelines. This is REC Limited’s eighth […]

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Deadline for 20 MW Solar Plus 20 MW Storage Tender in Leh Extended. Again.

SECI has extended the bid submission deadline for its tender for the commissioning of a 20 MW solar with 20 MW storage project in Leh, Ladakh. Keeping up with its recent trend, the Solar Energy Corporation of India (SECI) has notified the extension in bid submission deadline for another tender. This time it has extended […]

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Sungrow Makes a Resolution to Aatmanirbhar Bharat with 10 GW Expansion Plan

Sungrow has reiterated its commitment to the Indian market by announcing the expansion of local manufacturing capacity to 10 GW per annum Sungrow, a leading inverter solution supplier for renewables, has reiterated its long-term commitment to the Indian market by announcing the expansion of local manufacturing capacity to 10 GW per annum, making it the […]

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Essar to Commission Rs 300 Cr – 90 MW Solar Plant in Madhya Pradesh

Essar Power will foray into renewable energy, setting up a 90 MW solar plant in Madhya Pradesh at an investment of Rs 300 crore. Essar Power has announced its foray into the renewable energy segment and will be setting up a 90 MW solar plant in Madhya Pradesh at an investment of Rs 300 crore. According to CEO Kush Singh, the […]

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ReNew Power to be Publicly Listed on the Nasdaq, Valued at $8Bn

Sumant Sinha led Renew Power Private Limited, the country’s leading renewable energy generator has started the process to achieve a listing at the NASDAQ market in the US via the SPAC (Special Purpose Acquisition Company) route. As of December 2020, ReNew had a total capacity of close to 10 GW of wind and solar power […]

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Vikram Solar Further Strengthens Its Retail Footprint with Entry into the State of Telangana

Vikram Solar, one of India’s leading module manufacturers and a prominent EPC & Rooftop solar solutions provider announced the expansion of its retail footprint into Telangana by partnering with 3S SOLUTIONS, a leading distributor for high quality solar products and services. The announcement was made in presence of Sri N. Janaiah, Vice Chairman & Managing […]

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RP Global to Develop a 1GW Solar PV and Wind Project Pipeline in Poland

Renewable energy developer and investor RP Global is investing in the development of Solar PV and wind power projects across the country. Wojciech Glocko, former EPA Wind and utility manager, has been hired to head up project development together with a team of senior local experts from Poland’s leading public and private renewable energy organisations. RP Global is working […]

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TERI, POSOCO Sign MoU to Strengthen Research-Industry Interaction in Power Sector

TERI & POSOCO to work together to strengthen research-industry interaction for knowledge sharing, capacity building in the Indian power sector The Energy and Resources Institute (TERI) and the Power System Operation Corporation (POSOCO) Limited today signed a Memorandum of Understanding (MoU) to work together to strengthen research-industry interaction for knowledge sharing and capacity building through […]

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Record 33.6 GW of Wind and Solar Capacity Added to US Grid in 2020: BNEF

A new report has found that in a year faced with COVID-19, a record 33.6 GW of wind and solar capacity was added to the US grid in 2020. Faced with the COVID-19 pandemic and sharp economic contraction, the US clean energy sectors showed strong resilience in 2020, continuing a decade-long growth trend, BloombergNEF (BNEF) […]

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