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Home2020September

Month: September 2020

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Projects

Fourth Partner Energy to provide 4.8 MW of solar power for Titagarh Wagons

September 7, 2020

Titagarh Wagons, a passenger and freight train maker, has signed a PPA with Fourth Partner to procure power for its wagon and steel foundries at Titagarh and its passenger coach and propulsion unit at Uttarapara. […]

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Projects

IOCL floats a tender for setting up 2.75 MW of solar power in Tamil Nadu

September 7, 2020

Indian Oil Corporation Limited (IOCL) has floated a tender for setting up of a 2.75 MW solar power project at the firms’ LPG bottling plant in Trichy, Tamil Nadu. The project has been proposed for […]

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Projects

CEL floats a tender for 1,707 solar pumps in Rajasthan

September 7, 2020

Central Electronics Limited (CEL) has issued a tender for setting up 1,707 solar pumps under Component-C of the PM KUSUM scheme. The pumps will be installed under Jaipur’s power discom. The scope of work for […]

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Projects

EESL floats tender for the supply of 2.35 million smart electricity meters

September 7, 2020

Energy Efficiency Services Limited (EESL) has invited bids from prospective vendors to supply 2.35 million smart electricity meters. These meters will be installed across various states in India. The meters will be installed in 4G, […]

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Projects

Western Railways saves Rs 30 million with solar power use

September 7, 2020

The Western Railway (WR) has saved Rs 30 million in power payments by using solar power at 75 of its stations. These rooftop solar plants have a power generation capacity of nearly 8.67 MW. They […]

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Projects

OREDA issues tender for empanelment of rooftop solar vendors

September 7, 2020

The Odisha Renewable Energy Development Agency (OREDA) has invited bids from eligible firms for the empanelment of vendors for the implementation of Phase II of the Rooftop Solar Programme in Odisha. The tender invites vendors […]

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Projects

CSIR-SMERI installs world’s largest solar tree in West Bengal

September 7, 2020

The Central Mechanical Engineering Research Institute (CSIR-CMERI) has set up a solar tree at its residential colony in Durgapur, West Bengal. This is the largest solar tree across the world, with a capacity of over […]

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Financings

SECI releases Rs 5.2 billion to renewable energy developers in July 2020

September 7, 2020

SECI has released an amount of Rs 5.2 billion to renewable energy generators for payment against wind and solar energy generation. The amount was disbursed in July 2020 and represents about 75 per cent of […]

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Financings

WiseEnergy partners with Actis for 550 MW of asset management

September 7, 2020

WiseEnergy, a solar asset management firm, has entered into a multi-year contract with the Actis Long Life Infrastructure Fund (ALLIF) for providing comprehensive asset management services for its 550 MWp solar portfolio. The portfolio comprises […]

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Financings

RattanIndia sells 306 MW of solar assets to GIP

September 7, 2020

The RattanIndia Group has sold 306 MW of solar assets to Global Infrastructure Partners (GIP) for an amount of Rs 16.7 billion. The portfolio of assets included ground-mounted solar projects with a cumulative capacity of […]

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Financings

Amplus acquires 100 MW of ACME’s solar assets

September 7, 2020

Petronas, through its Indian arm, Amplus Energy Solutions, has acquired 100 MW of solar assets from ACME Solar. Petroliam Nasional Berhad, or Petronas, is Malaysia’s state-run oil and gas company. The 100 MW solar power capacity is […]

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Financings

Japanese firm Orix set to invest $980 million in India’s Greenko Energy

September 7, 2020

Orix, a Japanese financial conglomerate, plans to invest around $980 million in Indian renewable energy company Greenko Energy Holdings. Orix will receive a stake of more than 20 per cent in Greenko, and the deal […]

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Financings

Adani Green declares a profit for the first quarter of 2020-21

September 7, 2020

Adani Green Energy has declared a net consolidated profit of Rs 217.5 million for the quarter ended June 30, 2020. The company had announced a net loss of Rs 974.4 million in the corresponding quarter […]

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Financings

Sterling and Wilson Solar announces financial results for the first quarter of 2020-21

September 7, 2020

Sterling and Wilson has announced its financial results for the first quarter ended June 30, 2020. The company has reported a revenue of Rs 10,993.8 million, which is around 16 per cent lower than the […]

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Miscellaneous

Adani emerges as the largest solar generator across the world

September 7, 2020

Adani has become the largest solar power developer in terms of project capacity, after winning a contract from SECI to develop solar plants with a cumulative capacity of 8 GW, along with module manufacturing for […]

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Miscellaneous

IIFL Home Finance launches sixth phase of green affordable housing

September 7, 2020

IIFL Home Finance has recently entered the sixth phase of its “Kutumb” initiative, which focuses on promoting green affordable housing. If a substantial amount of rooftop space is allocated for setting up solar systems on […]

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Miscellaneous

UNEP and ReNew Power enter into a partnership for clean energy

September 7, 2020

ReNew Power and the UN Environment Programme (UNEP) have signed an MoU to promote increased access to renewable energy and improved energy efficiency as part of the progressive strategies that India has adopted to achieve […]

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Miscellaneous

CSIR-CMERI and NISE form a strategic association to boost the solar segment

September 7, 2020

CSIR-CMERI (Central Mechanical Engineering Research Institute) and the National Institute of Solar Energy (NISE) have signed an MoU to form a “strategic association” in order to support the solar energy segment in India. The agreement […]

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International News

NTR announces refinancing of its 220 MW wind portfolio for Euro 370 million

September 7, 2020

NTR, a sustainable infrastructure investor and asset manager that acquires, constructs and manages renewable energy projects, has successfully completed the Euro 370 million refinancing of a 220 MW onshore wind portfolio. The refinancing has been […]

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International News

Portuguese solar auction witnesses record low bid price of Euro 0.01114/kWh

September 7, 2020

The preliminary results of Portugal’s latest solar auction for 700 MW of capacity have been released with the winning bid price dropping to a record low of Euro 0.01114 per kWh. As part of this […]

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Solar Module Manufacturers in India

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