KP Energy Limited has executed a power purchase agreement (PPA) with Gujarat Urja Vikas Nigam Limited (GUVNL) for the development of a 100 MW grid-connected wind power project. The project was awarded under GUVNL’s wind […]
INOXGFL Group has emerged as the successful bidder to acquire the independent power producer (IPP) and operations and maintenance (O&M) businesses of Wind World India. This is being executed through a resolution process approved by […]
Macquarie Asset Management, through its managed funds, has acquired an additional 50 per cent stake in Island Green Power. This brings its total ownership in the business to 100 per cent. Macquarie initially invested in […]
Limes Renewable Energy (Limes) has sold a 287 MW Italian portfolio of solar PV and wind projects to an International Independent Power Producer with presence in Italy. The portfolio has an equal split of solar […]
Encore Renewable Energy (backed by SUSI Partners) has secured a $389 million financing package from Brookfield through its infrastructure debt platform. This funding will accelerate Encore’s expansion as an independent power producer (IPP) by supporting […]
Emirates Water and Electricity Company (EWEC) has issued a request for proposals (RFP) to pre-qualified companies for the development of the Zarraf Solar PV Independent Power Producer (IPP) project. The project is located in the […]
EWEC (Emirates Water and Electricity Company) has received three proposals for the development of its new 1,500 MW Khazna Solar Photovoltaic (PV) Independent Power Project in Abu Dhabi. The bidders include ENGIE, a consortium led […]
The renewable energy landscape is undergoing rapid transformation due to the increased demand for round-the-clock and firm renewable power, along with the emergence of virtual power purchase agreements and a growing number of corporates and […]
The global energy market is witnessing one of its worst crises with severe shortages in gas supplies, skyrocketing energy prices and increasing inflation owing to the current geopolitical situation. Commodity prices have increased and supply […]
With the global energy markets in turmoil owing to the lingering impact of the pandemic as well as the distressing Russia-Ukraine conflict, it is indeed a time for the renewable energy sector to shine. However, […]
The rapidly evolving renewable energy sector has given IPPs such as Sembcorp India ample opportunities to expand their portfolios. However, it has been a complicated journey with many roadblocks for most IPPs. A. Nithyanand, business […]
India’s renewable energy market is evolving, with the focus shifting from just utility-scale stand-alone wind and solar projects to round-the-clock power, green hydrogen, C&I solar, energy storage and manufacturing. Faced with these changing market dynamics […]
A recent positive trend, particularly for developers in the commercial and industrial (C&I) space, has been in the greater interest of consumers in renewable energy. They are looking to not only reduce their operational expenses, […]
A recent positive trend, particularly for developers in the commercial and industrial (C&I) space, has been in the greater interest of consumers in renewable energy. They are looking to not only reduce their operational expenses, […]
CLP India is a wholly owned subsidiary of China Light and Power (CLP) Holdings Limited, one of the largest investor-owned power businesses in Asia. CLP entered the Indian power market in 2002 and has since […]
Orient Green Power Limited (OGPL) is an independent power producer (IPP) in the Indian renewable energy sector and a part of the Shriram Group. The company was incorporated in 2006 and is based in Chennai. […]
The year 2017 is turning out to be quite eventful for the renewable energy sector. First, solar power prices plummeted to Rs 3.30 per kWh in early February in the auction for developing the […]
Spanish wind turbine major Gamesa has been present in India since 2009. In a short span of seven years, the company has been able to establish itself as a leading original equipment manufacturer (OEM) in […]
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