The Indian Renewable Energy Development Agency (IREDA) has signed a Memorandum of Understanding (MOU) with Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT). According to this MoU, IREDA will be offering funding to MAHAPREIT […]
The Indian Renewable Energy Development Agency Limited (IREDA) and the Bank of India (BoI) have signed a Memorandum of Understanding (MoU) for co-lending, co-origination, and loan syndication for renewable energy projects. The MoU will allow […]
In Davos, the Maharashtra energy department and ReNew Power, one of India’s largest renewable energy businesses, signed an agreement of Rs 500 billion for renewable energy projects in the state over the next six to […]
The Indian Renewable Energy Development Agency Limited (IREDA), a renewable energy project financing company, has authorised Rs 144.45 billion in loans and distributed Rs 100.18 billion to various green energy projects across Maharashtra. Reportedly, IREDA, […]
National Hydroelectric Power Corporation (NHPC), which was awarded a 1000 MW Capacity Solar Power Project in the Phase II, Tranche III auction in September 2021, has finally completed contract awarding for the project. Previously, NHPC […]
The Standing Committee on Energy (2021-2022) has released its 21st report, titled “Financial Constraints in Renewable Energy Sector”. The report was presented to the Lok Sabha on February 3, 2022 and was laid in the […]
The Indian Renewable Energy Development Agency Limited (IREDA), India’s largest lender in the renewable energy industry, has approved a loan of Rs 2.67 billion to BluSmart Mobility for the purchase of 3,000 all-electric automobiles in […]
The Indian Renewable Energy Development Agency Limited (IREDA) has signed a MoU with the Central Institute of Petrochemicals Engineering & Technology (CIPET) to provide its techno-financial expertise for the solarisation of CIPET campuses. The Ministry […]
The Indian Renewable Development Agency (IREDA), under the Ministry of New and Renewable Energy, has launched a programme to support the manufacturing and deployment of infrastructure for emerging technologies, green mobility, and charging infrastructure. For […]
The renewable energy sector has witnessed some interesting developments in auctions over the past year. These include solar tariffs dipping to a record low of Rs 1.99 per kWh in a Gujarat tender, the sudden […]
Vector Green Energy, a Mumbai-based independent power producer focused on solar and wind energy has received an Rs 11 billion loan from the Indian Renewable Energy Development Agency (IREDA). Vector Green’s six operating solar projects […]
The Indian Renewable Energy Development Agency (IREDA) has unveiled plans for an initial public offering of new equity shares and issuance of green bonds in both domestic and international markets to mobilise capital for lending. […]
The Indian Renewable Energy Development Agency’s (IREDA) tender for 5 GW grid-connected solar projects (Tranche-III) under the central public sector undertaking (CPSU) program (Phase-II) has been oversubscribed by 1,960 MW. The bidders were NTPC, the […]
India’s renewable power capacity is the fourth largest in the world. The renewable energy capacity addition has been exceeding fossil fuel-based capacity since 2017, with the country’s renewable energy capacity expected to more than double […]
The past year has been a mixed bag of developments for the Indian wind power segment, with bids becoming increasingly aggressive and tariffs continuing to head south. Lenders, investors and financiers are increasingly facing the […]
The wind energy segment has undergone a number of significant changes in the recent past, such as a move from the feed-in tariff (FiT) regime to competitive bidding for project allocation. As such, the segment […]
India has significantly transformed its energy policy, with renewable energy emerging as the dominant source of capacity addition. The country’s renewable energy capacity now stands at a little over 57 GW. About 37 per cent […]
Despite the government’s focus on the utility-scale solar power sub-segment, the rooftop solar segment has been able to maintain its market share at about 10 per cent over the past few years. Capacity addition has […]
Compared to the massive support the renewable energy sector has been receiving from the government for the past couple of years, Union Budget 2017-18 has little to offer to the sector. Apart from the announcement […]
Wind turbine maker Suzlon Energy has taken several transformational steps in line with its strategic vision, paving the way for its future growth. In an interview with Renewable Watch, Tulsi Tanti, chairman and managing director, […]
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