SPDA is pressing for removal of tariff cap for 1.2 GW hybrid tender
Solar Power Developers Association (SPDA) is pressing for removal of Rs 2.6 per unit tariff cap to generate adequate response for 1,200 MW hybrid auction. …
wind energy
Inox Wind posts net profit of Rs 2 crore in July-September quarter
Wind turbine maker Inox Wind posted a net profit of Rs 2 crore for the quarter ended September 30, 2018. “We have an EBITDA profit …
Wind farms act as a top “predator” in some ecosystems: Indian Institute of Science
Wind farms act as a top “predator” in some ecosystems, harming birds at the top of the food chain and triggering a knock-on effect overlooked …
Sembcorp India posts Rs 153.3 crore profit in September quarter
Sembcorp’s India unit has turned around to post a net profit of Singapore dollar 28.9 million (about Rs 153.3 crore) in the September quarter on …
REC raises USD 700 million in largest transaction by an Indian NBFC
Rural Electrification Corporation (REC) has raised $700 million (around Rs 5,140 crore), 5-year bond from its inaugural foray into the 144a market (US Securities and …
SECI postpones its first major hybrid tender for 1200MW
The Solar Energy Corporation of India (SECI) has postponed the hybrid tender for the fifth time. It was first major hybrid tender for 1200MW floated …
Invest India wins top UN award for promoting renewable energy investment
Invest India has received the top UN Investment Promotion Award in recognition of its efforts to boost investments in the renewable energy sector in India. …
Fortum-Rusnano wind investment fund to start implementation of 200 MW project in Russia
The Fortum-Rusnano wind investment fund has taken the investment decision for a 200-megawatt (MW) wind power project in Russia. The project is the second of …
Petronas, Masdar and Sembcorp reportedly in talks to acquire 30% in Hero Future Energies
Petroliam Nasional Berhad (Petronas), Masdar Clean Energy and Sembcorp are in talks to acquire up to 30 per cent of Hero Future Energies reports ET …
Cautious Optimism Reigns Over Renewable Energy: Ind-Ra
A sense of cautious optimism is spreading across renewable projects, with bidders and lenders going circumspect around low margin of error owing to the steep …