India Auctions 750 Megawatts Of Solar At 3.9¢/kWh
India auctioned off 750 megawatts of utility-scale solar power capacity over the last few days to wrap up a highly eventful 2017 that saw new records being created in terms of tariffs.
Hero Future Energies
List Of Potential Buyers Of Orange Renewable Grows As Consolidation Continues In India
Hyderabad-based Greenko Group and Hero Future Energies Pvt. Ltd are in separate negotiations with Singapore’s based AT Capital Group to buy Orange Renewable’s portfolio of 758 megawatts of renewable energy projects.
IFC Picks Equity Stake Worth $125 Million In India’s Hero Future Energies
The International Finance Corporation and IFC Global Infrastructure Fund have invested a total of $125 million in Hero Future Energies, the renewable energy project developer owned by the Hero Group.
India’s Hero Future Energies Plans To Raise $150 Million Through Stake Sale
One of India’s rapidly emerging renewable energy project developers, Hero Future Energies, has announced plans to raise funds through the sale of equity stake in the company. According to media reports, Hero Future Energies – part of the Hero Group – is looking to sell equity in the company to … [continued]
Hero Future Energies, ReNew Power Major Winners In 1.2 GW India Solar Power Tender
Another large solar power tender in India has yielded encouraging results, with low tariffs being sustained. The southern state of Karnataka recently announced winners of its 1.2 GW solar power tender. Two rapidly emerging project developers have secured rights to implement large capacities of solar photovoltaic power projects. Hero Future … [continued]
India’s Hero Future Energies Issues $44 Million Certified Climate Bond
Hero Future Energies, part of one of India’s leading industrial conglomerates – the Hero Group – recently issued the country’s first certified climate bond. Hero Future Energies recently raised Rs 300 crore (around US$44 million) by issuing non-convertible debentures to finance the development of wind energy projects. The debentures were … [continued]
SunEdison Confident About Returns From India’s Cheapest-Ever Solar Power Project
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]
SunEdison Wins 500 MW Solar PV Bid In India At Record-Breaking Tariff
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]
Gamesa Signs 100 MW Contract In India
Spanish wind energy behemoth Gamesa has announced it has been awarded a supply contract for 100 MW of wind turbines in India. Announced on Thursday, Gamesa revealed that it would supply 50 of its G97-2.0 MW class S turbines, which are specifically designed for the low wind speeds common in the … [continued]
Telangana Allocates 2,000 MW — India’s Largest Solar Tender
On Monday, Telangana announced the final results for its 2,000 MW solar tender, the single largest solar power allocation in India till date. The state-owned utility, Telangana State Southern Power Distribution Company Limited (TSSPDCL), was responsible for floating the 2 GW solar tender. Telangana had offered prospective developers projects through competitive … [continued]
