The Union Cabinet has approved the proposal of the Ministry of Power (MoP) for providing central financial assistance (CFA) to state governments of the north eastern region (NER) to support their equity participation in the development of hydro electric projects.
These projects will be developed through joint venture (JV) collaborations...
Enfinity Global has announced the successful financial close of €500 million, which, combined with project financing, will support the development and construction of 1.5 GW of solar assets across Italy. This funding was secured through an innovative club deal structure involving key investors such as Infranity, Schroders Capital, Rivage,...
NLC India Limited has signed power usage agreement with the Telangana state distribution companies for 200 MW of solar power. This agreement has been signed under the CPSU scheme for a period of 25 years.
The solar project is estimated to generate 13 billion units of green energy in its...
Senvion India has received an order of 86.4 MW from Continuum Green Energy in Gujarat. This order includes a 20-year operations and maintenance contract for turbine performance and durability and the 2.7M130 platform to be installed at 140 meters.
Continuum have given contracts for five projects (including this project) of...
The Approved List of Models and Manufacturers (ALMM) has been increased by the Ministry of New and Renewable Energy with the addition of 4,089 MW of new solar module capacity. Newly inducted companies include Avaada Electro, Laxmi Solar Power System, and Uratom Solar. They account for 554 MW, 121...
New Delhi : Su-Kam Power Systems Ltd. (Su-Kam) has announced its plans for immediate global expansion. After already establishing its base in 51 countries across Africa, West and South East Asia, Su-Kam is set to enter new markets across Europe with a growing demand for solar and renewable energy...
Mumbai, Maharashtra, India - India is at a unique inflexion point in its energy trajectory given increasingly competitive solar power costs; the rosy notion of “solar tariffs dropping below grid parity” seems to be ‘much real’ this time. Currently the third-largest global energy consumer, India is plagued with problems...
Sunly has secured €300 million from Scandinavian and French investors to develop 1.3 GW of solar, wind, storage, and hybrid energy parks. This funding comes from Rivage Investment, a French fund focused on climate solutions; Copenhagen Infrastructure Partners (CIP), through the Green Credit I fund; and Norway’s KLP pension...
The California Public Utilities Commission (CPUC) has finalised the decision to establish an initial target of 7.6 GW for offshore wind energy procurement. These projects are anticipated to be operational between 2031 and 2037. Wind Farms off the coast of California will be floating wind farms, due to water...