A green energy organization boosted by India’s first Formula One driver Narain Karthikeyan and his family is set to purchase a bunch of wind power generation trademarks from Inox Group in a deal esteemed to be around INR 1000 crore. A public announcement on the same is going to happen in the coming days, according …
NEC Energy Solutions, Inc, which is a subsidiary of NEC Corporation, recently announced that it has now contracted around 50MW of energy storage projects with the firm VLC Energy, which is a joint venture company that is created by Low Carbon, another renewable energy investment company, and VPI Immingham, which is the owner of one …
The state of Tamil Nadu recently issued a solar power tender after its successful set up of Rewa solar power park. The project developers didn’t show much interest in the former project. The tender for Tamil Nadu Generation and Distribution Corporation’s (TANGEDCO) 500 Megawatts solar PV power project received limited interest. The solar tender received …
After the incredible record-breaking success of the 1,000 MW wind power auction, the sector is now likely to be shifting completely towards the auction-based allocation route. However, this transition may probably lead to a short-term hiatus in the market, as stated by Bridge to India, a renewable energy research company.
Sustained by the fall in tariff to record a new low of Rs 3.46 /unit in the 1st auction of wind power, the Indian government is trying to put in more such projects by the next financial year