Ezine Archive
April Issue 2024
Month: April 2024
Financings
Blupine Energy raises Rs 4.18 billion for 120 MW solar project
BluPine Energy announced it has secured financial closure for its 120 MW solar project in Sadla, Gujarat. BluPine Energy obtained debt financing for its project from HDFC Bank. The total amount of debt approved for […]
Projects
Waaree Energies secures 400 MW order for solar modules
Waaree Energies Limited has secured a letter of intent for a 400 MW solar modules supply. The company has received order from Gujarat Industries Power Company Limited. The contract involves the complete supply of solar […]
Projects
Kundan Green Energy secures 42 MW hydropower project mandate in Uttarakhand
Kundan Green Energy has announced its authorisation to build a new hydropower plant in Okhali, Uttarakhand. Scheduled for completion in 2028, the hydropower project will produce energy from 42 MW hydro project, with the potential […]
Projects
Tata Projects and Ohmium collaborate for green hydrogen projects
Ohmium International (Ohmium), a green hydrogen company specialising in designing, manufacturing, and deploying advanced proton exchange membrane (PEM) electrolysers, has collaborated with Tata Projects, an engineering, procurement, and construction (EPC) company, to work on green […]
International News
GameChange Solar bags order for 500 MW solar projects
GameChange Solar has secured a deal to supply Genius Tracker solar trackers for four new solar ventures, totaling over 500 MW in Southern Africa. These projects are strategically positioned to bolster the region’s energy supply, […]
International News
EWEC selects partners to develop 1.5 GW solar project in Abu Dhabi
EWEC (Emirates Water and Electricity Company) has chosen EDF Renewables and Korea Western Power Company (KOWEPO), in collaboration with Masdar as the local partner, to develop the 1.5 GW Al Ajban Solar PV Independent Power […]
Knowledge Bank
Biochar an alternate renewable resource
In the present era, adopting eco-friendly practices is crucial, especially due to the depletion of finite natural resources. A recent discovery is that waste from farms, which was once seen as useless, can actually help […]
Financings
REC secures green loan worth JPY 60.5 billion from SACE
REC Limited has secured green loan totaling JPY 60.536 billion from SACE to support eligible green projects across the country. SACE, Italy, an innovative export credit agency, offers an 80 per cent guarantee to the […]
Financings
Gruner Renewable Energy secures Rs 15 billion worth of CBG projects
Gruner Renewable Energy (GRE), based in Noida, has announced that it secured several projects valued at Rs 15 billion for compressed biogas (CBG) plants throughout India. The company obtained these projects in its first year […]
Projects
Bihar issues tender for 200 MW RTS projects
Bihar Renewable Energy Development Agency is seeking expressions of interest to enlist agencies for installing grid-connected rooftop solar (RTS) power projects of different capacities on government buildings across the state. These projects will use the […]
Projects
RUMSL invites bids for 170 MW solar project
Rewa Ultra Mega Solar Limited (RUMSL) has issued a request for proposals to set up a 170 MW grid-connected ground mounted solar project. To be located in Neemuch solar park in Madhya Pradesh, the electricity […]
International News
ADB, Buskowitz ink $12 million deal for solar development in Philippines
The Asian Development Bank (ADB) and Buskowitz Solar Incorporation, a subsidiary of Buskowitz Energy Incorporation, have finalised a $12 million deal to support solar energy for commercial and industrial consumers in the Philippines. Furthermore, the […]
International News
Energy Vault, NV Energy commission Reid Gardner BESS in US
Energy Vault Holdings, Inc. and NV Energy have announced the successful completion and commencement of commercial operations for the Reid Gardner Battery Energy Storage System (BESS) located in Moapa, Nevada. Furthermore, It is constructed on […]
Editorial
April 2024
Offshore wind has recently been at the centre of attention in the Indian renewable energy sector along with other emerging segments. The recent budget announcement included provisions for viability gap funding for the initial 1,000 […]
Miscellaneous
Shree Cement joins RE100, aiming for 100 per cent clean electricity by 2050
Shree Cement has declared that it is now a member of the RE100 initiative, a global initiative led by Climate Group that encourages companies to switch to using only renewable energy for all of their […]
Financings
REC and CVPPPL sign pact for term loan of Rs 18.69 billion for Kiru 624 MW hydro project
REC Limited and Chenab Valley Power Project Private Limited (CVPPPL) have entered into an agreement to provide financial support through a term loan of Rs 18.69 billion. The loan will be used to develop, build, […]
uncategorized
REC and CVPPPL sign pact for term loan of Rs 18.69 billion for Kiru 624 MW hydro project
REC Limited and Chenab Valley Power Project Private Limited (CVPPPL) have entered into an agreement to provide financial support through a term loan of Rs 18.69 billion. The loan will be used to develop, build, […]
Financings
Tata Power and Indian Bank collaborates to provide residential RTS customers with collateral-free loans
Tata Power Solar Systems Limited has collaborated with Indian Bank to provide residential customers installing rooftop solar (RTS) systems with a collateral-free loan. Through the partnership, financing options for photovoltaic systems up to 3 kW […]
Projects
SJVN inaugurates first multi-purpose green hydrogen pilot project
SJVN Limited has inaugurated India’s first multi-purpose (combined heat and power) green hydrogen pilot project. Located at its 1,500 MW Nathpa Jhakri hydro power station (NJHPS) in Jhakri, Himachal Pradesh, the green hydrogen generated by […]