The renewable energy arm of one of the leading private power generation companies in India has raised fresh funding. Tata Power Renewable Energy raised Rs 575 crore (US$86 million) through the issuance of non-convertible debentures (NCDs) on a private placement basis. The funds raised will be use to retire high-cost … [continued]
Check out this solar and wind power news from around the interwebs to make this Sunday (or Monday?) a bit more interesting: Cool Or Interesting Small-Scale Solar Stories Polysolar’s New Solar PV Bus Stop In Canary Wharf, London Is The First In The UK Solar & Storage Could Save Thousands For Multifamily … [continued]
One of India’s largest private sector power generation companies, Tata Power, looks set to undertake the country’s biggest renewable energy acquisition. According to media reports, Tata Power is set to acquire Welspun Renewables, a subsidiary of the Welspun Group, for a record $1.45 billion. If the transaction goes through, Tata … [continued]
One of India’s leading private sector power generation companies has announced plans to make renewable energy a major part of its operations. Tata Power, part of the famous Indian industrial conglomerate Tata Group, has announced plans to increase its share of renewable energy output from 20% to 35-40% by 2025. … [continued]
Originally published on Sustainnovate. The rapidly increasing competition in solar power auctions in India have promoted utilities to take advantage of the falling tariffs and procure electricity to meet their renewable purchase obligations. Delhi-based power utility BSES has announced plans to procure renewable energy power purchase agreements amounting to 700 … [continued]
The renewable energy arm of one of India’s leading private sector power generators may be getting ready to chart an ambitious plan to expand its footprint into the country’s renewable energy sector. Tata Power Renewable Energy Limited, a fully-owned subsidiary of Tata Power Limited, recently raised Rs 425 crore (US$63 … [continued]
In spite of having secured the rights to develop a 500 MW solar power project at the lowest-ever tariff in India, global renewable energy project developer SunEdison is confident of healthy returns from the project. SunEdison successfully bid for the entire 500 MW solar power tender issued by NTPC Limited. … [continued]
In a clear sign of increasing financial competitiveness of renewable energy projects vis-a-vis conventional power plants, one of India’s leading private sector power generators has carved out all its renewable energy assets into a separate company. Tata Power has announced the launch of Tata Power Renewable Energy Limited as a … [continued]
Originally published on Solar Love US-based renewable energy project developer SunEdison has set a new Indian record for lowest tariff bid for solar photovoltaic power plant. The lowest bid for solar PV project in India now belongs to SunEdison. The company participated in a 500 MW auction under the revamped … [continued]
Wind energy companies in India are reporting new orders and projects nearly every month. Several government-owned and private sector companies are looking to expand into the renewable energy sector and the wind energy companies are benefiting from this increased activity. Inox Wind, one of the leading wind energy solutions providers, … [continued]
