V.O. Chidambaranar Port Authority has floated a tender for the development of a 2 MW green hydrogen electrolyser and a refueling station. The project also includes providing seven years of comprehensive operation and maintenance services. […]
PFC Consulting has floated a tender to develop an interstate transmission system (ISTS) for evacuating renewable power in Gujarat. The system will facilitate the evacuation of 14 GW of renewable power from Lakadia (Phase-II: 7.5 […]
Premier Energies has acquired 104,550 equity shares of HeliosAnthos Energies, a joint venture between Premier Energies and BA Prerna Renewables, securing a 51 per cent stake in the company’s paid-up equity share capital. The shares […]
PFC Consulting has floated a tender to establish a 3×500 MVA, 400/220 kV substation at Humnabad in Bidar district, Karnataka. The scope also includes the development of the associated transmission lines. The transmission system forms […]
NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC Limited, has inked a MoU with Assago Industries Private Limited (Assago) for the supply of resources such as green ammonia, carbon dioxide, renewable power, along […]
OX2 has completed and transferred the ownership of the 455.4 MW Lestijärvi wind farm in Finland to a consortium comprising Kymppivoima, Oulun Energia, and Kuopion Energia. Construction of the project was carried out by OX2, […]
Adani Green Energy Limited has established Adani Ecogen Seven Limited (AE7L) as its new step-down subsidiary. The subsidiary has been set up through Adani Renewable Energy Holding Eleven Limited (AREH11L), which itself is a wholly […]
Aditya Birla Renewables Limited (ABREN), a Grasim subsidiary, has finalised an investment of up to Rs 30 billion from Global Infrastructure Partners. The arrangement includes a commitment of Rs 20 billion, along with a greenshoe […]
BASF India Limited has inked a share purchase agreement with Clean Max Enviro Energy Solutions Limited to procure clean energy from the hybrid solar and wind farm in Jamnagar, Gujarat, under the captive power generation […]
Maharashtra State Electricity Distribution Company Limited (MSEDCL) has received Maharashtra Electricity Regulatory Commission’s (MERC) approval to procure 780 MW of wind-solar hybrid power from NTPC Limited. The renewable power will be procured at a tariff […]
By Prasad Ashok Thakur, CIMO scholar and Labanya Prakash Jena, CFA The shipping industry directly propels the global economy’s growth. An International Maritime Organization (IMO) report estimates that about 90 per cent of goods traded […]
Founded by the Malaysian oil and gas giant Petronas, Gentari was established in 2022. In line with traditional energy companies diversifying their energy baskets to become bigger, cleaner and greener, Petronas founded Gentari as an […]
KPI Green Energy Limited’s board has approved a proposal to raise up to Rs 10 billion through issuance of shares via qualified institutional placement (QIP). The board has approved the raising of funds through the […]
BrightNight, a US-based company, has collaborated with ACEN, an Ayala Group affiliate,to advance the development, construction, and operation of BrightNight’s initial 1 GWac renewable power portfolio in the Philippines. The newly formed partnership plans to […]
Serentica Renewables has inked its inaugural overseas commercial bank loan denominated in foreign currency, amounting to Rs 35 billion. This financing is intended for the implementation of its round-the-clock (RTC) renewable energy initiative in India. […]
Railway Energy Management Company Limited (REMCL), a joint venture between Indian Railways and RITES Limited, has floated tender to purchase round-the-clock (RTC) power from 695 MW grid-connected clean projects, with or without storage. These projects […]
Hindustan Petroleum Corporation Limited (HPCL) has issued a request for proposals (RfPs) for a 78 MW renewable energy project to be located anywhere in India. The project is a part of long-term open access. According […]
Sri Lanka has an enormous renewable energy potential. The country has an ambitious target of meeting 70 per cent of its electricity needs through renewables by 2030 and 100 per cent of its electricity needs […]
The cost of capital (CoC) is a crucial driver of total costs and determines the cost of electricity from renewable power generation technologies. However, the absence of reliable, up-to-date and differentiated CoC data for individual […]
The Ministry of Power (MoP) has issued guidelines for a tariff-based competitive bidding process to procure firm and dispatchable power from grid-connected renewable energy projects with energy storage devices. The aim of the guidelines is […]
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