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India asks state-run firms to clear over $1 billion owed to green energy firms - sourcesBy : Sustainability ..., Nov 27, 2019
India has asked state lenders to provide over $1 billion to government power distribution companies to clear longstanding debts to green energy firms that could hinder further investment, three sources familiar with the plan said on Tuesday. The companies owe solar and wind... Read more.. Subject Tags: debt , DISCOMS , foreign investments , ReNew Power , renewable energy companies , renewable energy tariff , Softbank |
Brookfield in talks to invest $800 million in ReNew PowerBy : Sustainability ..., Nov 11, 2019
Canadian asset management firm Brookfield is in talks to invest $800 million in India’s largest green energy company ReNew Power, said two people familiar with the development. Brookfield, which is currently conducting due diligence, would be providing partial exit to Goldman... Read more.. |
Inox Wind secures 38 MW order from ReNew PowerBy : Sustainability ..., Nov 5, 2019
Leading wind energy solutions provider Inox Wind said on Monday it has bagged an order for a 38 megawatt wind power project to be developed at Anjar town in Kutch district of Gujarat. The project from ReNew Power Ltd is under the Solar Energy Corporation of India (SECI)... Read more.. Subject Tags: Inox Wind , ReNew Power , Solar Energy Corporation of India (SECI) , wind power project |
Renew Power, Avaada, UPC, Tata unit bag solar projectsBy : Sustainability ..., Nov 4, 2019
Renew Power, Avaada Energy, UPC Renewables and Tata Power Renewable Energy won projects in the 1,200 megawatts auction of the Solar Energy Corp of India (SECI), with the winners offering a slightly higher price than those in the previous round. In Thursday’s auction of the... Read more.. Subject Tags: Avaada Energy , PPAs , ReNew Power , Solar Energy Corporation of India (SECI) , solar energy projects , solar tariff |
Goldman-backed ReNew says Andhra Pradesh problems could hurt India's renewables targetBy : Sustainability ..., Nov 1, 2019
Investors could be put off India by Andhra Pradesh state’s difficult relationship with renewable energy companies, Sumant Sinha, chair of Goldman Sachs-backed (GS.N) ReNew Power, said on Thursday. India, the world’s third-largest emitter of greenhouse gases, wants to raise... Read more.. |
ReNew Power becomes 11th firm globally to reach 5,000-Mw green capacityBy : Sustainability ..., Nov 1, 2019
ReNew Power has joined the global club of top renewable power generation companies by becoming the eleventh firm to reach 5,000 megawatt (Mw) of installed capacity. Of this, 3,100 Mw is wind and 1,900 Mw is solar. India’s largest renewable power company on Sunday commissioned... Read more.. |
ReNew load shedding sees 300MW of solar assets put on the blockBy : Sustainability ..., Oct 9, 2019
ReNew Power, which until recently was a major acquirer of renewable assets in India, has put 300 megawatts (MW) of solar assets on sale as the company tries to cope with rising uncertainty in the industry, two people aware of the development said. The move to raise capital... Read more.. Subject Tags: green energy utility , ReNew Power , Renewable Energy , renewable energy sector , Solar Assets |
Latest 1.2 GW solar capacity awarded at Rs 2.54/kWhBy : Sustainability ..., Jun 14, 2019
The latest 1.2 GW solar auction conducted by Solar Energy Corporation of India (SECI) saw lowest winning tariffs (Rs 2.54/kWh) approaching the same level as in February auction (Rs 2.55/kWh).... Read more.. |
India’s ReNew Power Plans To Raise $300 Million Through Rights IssueBy : Sustainability ..., Jun 4, 2019
One of India’s largest renewable energy generation companies plans to raise fresh equity funding through a rights issue. Indian business daily Economic Times has reported, quoting unnamed... Read more.. Subject Tags: Green Bonds , ReNew Power , Renewable Energy , solar power auction , solar power plant , solar-wind hybrid , wind energy sector |
India Allocates 720 Megawatts In Second Solar-Wind Hybrid AuctionBy : Sustainability ..., May 31, 2019
Results of India’s second national-level solar-wind hybrid auction are in. While capacity allocated to project developers has declined, there remains a silver lining for the Solar Energy... Read more.. |