South African renewable energy companies are looking for ways to make savings on their debt so they can help the government lower power tariffs from older solar and wind projects, the country’s wind energy association said on Thursday.The government opened talks with the renewable sector last year to try to secure Read more…
Mumbai (Maharashtra): Tata Power Green Energy Ltd (TPGEL) has received a letter of award from Tata Power Mumbai Distribution to develop a 225 megawatt hybrid renewable project.The energy will be supplied to Tata Power Mumbai Distribution under a power purchase agreement valid for a period of 25 years from scheduled commercial operation date, TPGEL said in a statement on Read more…
SoftBank group’s SB Energy, the Indian unit for green energy business, is raising up to $600 million in overseas green bonds being launched Wednesday. This is the first ever offshore bond sale by an Indian private company since the pandemic began. Bonds will likely mature in five years, with the company using Read more…
The ministry of new and renewable energy has set March 25 to May 31 as the official dates for the lockdown and will grant project deadline extensions to cover the 68-day period and an additional 30 days to help developers overcome the disruption. However, developers said they need more leeway to get projects back Read more…
Amazon said Tuesday that its carbon footprint rose 15 per cent last year, even as it launched initiatives to reduce its harm on the environment. The online shopping giant said it emitted 51.17 million metric tons of carbon dioxide last year, the equivalent of 13 coal burning power plants running for a year. That’s up Read more…
New Delhi: The Delhi University will be setting up a School of Climate Change and Sustainability (DSCC&S) under the Institute of Eminence Scheme, which will take up research in priority areas related to the environmental challenges. Professor C R Babu, an acclaimed Environmental Scientist, will head DSCC&S (honorary director). He has also been the founder Read more…
NEW DELHI: Adani Green Energy Ltd has bagged the world’s largest solar bid entailing building a photovoltaic (PV) power plant of 8,000 MW and setting up a domestic solar panel manufacturing capacity of 2,000 MW, envisaging a total investment of roughly $6 billion. Under the offering of domestic manufacturing-linked solar power projects from state-run renewable energy agency SECI Read more…
New Delhi: Power System Operation Corporation (POSOCO) has started preparing power systems for the 21 June annular solar eclipse as it expects a reduction in solar power generation by 11,943 megawatt (MW) across India. The solar eclipse will begin at 09:56 am IST at Dwarka, Gujarat and will end at 14:29 pm IST at Dibrugarh, Assam. Read more…
India’s leading solar manufacturers have extended support to the government’s Atma Nirbhar Bharat Abhiyan and sought the Prime Minister’s (PM’s) support to provide a level-playing field for realising the full potential of the sunrise sector. Industry players such as Vikram Solar, Webel Solar, and Renewsys in a joint virtual press briefing on Monday also said Read more…