Goa Energy Development Agency (GEDA) has issued a request for proposals to commission 30 MW rooftop solar projects. To be located on government buildings, the projects will be set up the basis of renewable energy service company model. The phase 1 of the project consists of 75 sites, having...
India's power supply is primarily driven by coal, which is not sustainable and contributes to climate change. Solar energy offers green and sustainable electricity, no depletion threat, and a cost-effective solution. Solar power does not require additional expenses beyond installation and maintenance. India receives an average of 300 days...
Scatec ASA, together with its partners Hydro Rein (part of Norsk Hydro ASA) and Equinor ASA, has announced the supply and production of electricity from the Mendubim solar plant in the state of Rio Grande do Norte, Brazil.  The 531 MW solar plant, comprising several projects, represents Scatec’s second...
Avaada Energy has obtained the letter of award (LoA) to construct and manage 1,138 MW of distributed agricultural solar PV power projects. To be developed by 2025 at an investment of Rs 50 billion, the projects will be set up throughout Maharashtra, covering 192 sites across 10 districts. The...
Tata Power Solar Systems Limited (TPSSL), a wholly-owned subsidiary of Tata Power Renewable Energy Limited (TPREL), has announced the renewal and expansion of its partnership with Union Bank of India (UBI) to offer financing solutions for residential customers, in-line with the Government’s PM Surya Ghar Muft Bijli Yojana as...
KPI Green Energy Limited has received new orders aggregating to 9.40 MW for executing solar power projects, out of which 5 MW capacity undertaken by KPI Green and 4.40 MW capacity by KPIG Energia Private Limited, a wholly owned subsidiary of the company under captive power producer (CPP) segment...
Suzlon Group has secured a new order for the development of a 72.45 MW wind power project  for Juniper Green Energy Private Limited. Suzlon will  install 23 wind turbine generators with a hybrid lattice tubular tower and a rated capacity of 3.15  MW each at the client’s site at the Dwarka...
NLC India Green Energy Limited (NIGEL), a subsidiary of NLC India Limited (NLCIL), has inked a power purchase agreement (PPA) with Gujarat Urja Vikas Nigam Limited (GUVNL) for a 600 MW solar project. The project is located at Khavda solar park, Bhuj district, Gujarat. GUVNL will purchase all the electricity...
Encavis AG has inked two non-recourse project refinancing agreements for a total amount of €203 million for its operating solar plants Talayuela and La Cabrera in Spain. Both refinancing transactions have been structured, arranged, and managed by ENCAVIS’ inhouse Project Finance team. Furthermore, the Talayuela plant, located in the region...
BluPine Energy has broadened its renewable energy portfolio through the acquisition of 369 MW of solar power assets from the ACME Group. The agreement encompasses 14 solar projects under special purpose vehicles situated in Uttarakhand, Punjab, and Karnataka. Following this transaction, BluPine’s overall renewable capacity has increased to 2.4 GW....