GIC, ADIA to invest $550 million of fresh primary capital in Greenko : Report

GIC Holdings Pte Ltd of Singapore and Abu Dhabi Investment Authority (ADIA) are reportedly investing $550 million of fresh primary capital in India’s renewable energy firm Greenko. ET citing sources reports that this will be the third round of capital infusion by the two which will make Greenko the biggest recipient of foreign capital in […]

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Global Standards Kept 74,000 plus Wind Workers Safe in 2018

A group of the worlds’ largest wind turbine manufacturers and owners today re-affirmed their commitment to use globally recognized minimum safety training standards for wind workers across the world. Global Wind Organisation (GWO), a non-profit body owned by 16 leading wind energy companies has reported rapid rises in the numbers of people trained to its […]

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SECI inviting bids for setting up of 1200 MW ISTS-connected wind power projects

Solar Energy Corporation of India Ltd. (SECI) is inviting online bids for Setting up of 1200 MW ISTS Connected Wind Power Projects (Tranche-VII) on a pan India basis. SECI notes that the detailed Request for Selection Document (RfS) shall be available for downloading by 22.02.2019 onwards on www.tcil-india-electronictender.com. Recently Solar Energy Corporation of India (SECI) […]

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Fortum-Rusnano wind investment fund starts cooperation in the Saratov Region in Russia

The Government of Saratov Region in Russia and the Fortum-Rusnano wind investment fund have signed a non-binding cooperation agreement to build wind power plants with the total installed capacity of up to 300 MW in the Saratov region in 2019-2023. The agreement was signed on the sidelines of the Russian Investment Forum in Sochi. The document […]

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BP Energy Outlook 2019: Renewables Becoming Largest Source of Power Generation by 2040

The 2019 edition of BP Energy Outlook, published explores the key uncertainties that could impact the shape of global energy markets out to 2040. The greatest uncertainties over this period involve the need for more energy to support continued global economic growth and rising prosperity, together with the need for a more rapid transition to a lower-carbon future. These […]

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Sterlite Power Forays Into Grid Connected Battery Storage

Sterlite Power has submitted bids for two storage projects in the recently concluded auction of Salt River Project utility. This marks the first foray of Sterlite Power into grid connected battery energy storage systems (BESS). Grid connected BESS are rapidly achieving commercially viability for utilities around the world as total system costs have dropped approximately […]

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IFC invests in AC Energy Green Bonds to Support Renewable Energy Investments

IFC, a member of the World Bank Group, committed an investment of $75 million in the first-ever listed green bond issued by AC Energy Finance International Limited and guaranteed by AC Energy, the power arm of Ayala Corporation.   IFC’s investment anchored a $300 million green bond, attracting interest from international and Philippine institutional and […]

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Mahoba Solar and SBE Renewable bags 1050 MW wind-solar hybrid power projects

The Solar Energy Corporation of India (SECI) has published the results of e-bidding for 1200 mw ISTS-connected wind-solar hybrid power projects (Tranche-I). Two bidders, Mahoba Solar Private Limited and SBE Renewable Ten Private Limited bagged total 840 MW capacity of the wind-solar hybrid power projects tender after submitting bids worth 1050 MW. Mahoba Solar has […]

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India Can Achieve 30% of Variable Renewable Energy Generation by 2030: ETC India

A reliable, economically competitive and environmentally sustainable electricity system is the cornerstone of a modern society. With an aim to accelerate India’s transition to renewables while moving towards a cleaner and cost-effective electricity system, The Energy Transitions India (ETC India) today released its key findings across three latest technical reports on the side-lines of The […]

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Installed Capacity of Various Renewable Modes of Energy

A total of 74.79 GW of renewable energy capacity has been installed in the country as on 31/12/2018 which includes 25.21 GW from Solar, 35.14 GW from Wind, 9.92 GW from Bio power and 4.52 GW from Small Hydro Power. Government has released an amount of Rs. 3584.08crore in the form of Central Financial Assistance […]

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