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Inox Wind secures 38 MW order from ReNew Power

By : 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)...

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Renew Power, Avaada, UPC, Tata unit bag solar projects

By : 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...

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Goldman-backed ReNew says Andhra Pradesh problems could hurt India's renewables target

By : 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...

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ReNew Power becomes 11th firm globally to reach 5,000-Mw green capacity

By : 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...

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ReNew load shedding sees 300MW of solar assets  put  on  the  block

By : 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...

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Latest 1.2 GW solar capacity awarded at Rs 2.54/kWh

By : 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)....

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India’s ReNew Power Plans To Raise $300 Million Through Rights Issue

By : 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...

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India Allocates 720 Megawatts In Second Solar-Wind Hybrid Auction

By : 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...

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Adani Green Energy, ReNew Power only bidders in hybrid auction

By : Sustainability ..., May 21, 2019

Adani Green Energy and ReNew Power were the only bidders in the latest tranche of Solar Energy Corporation of India's wind solar hybrid tender for 1,200 MW of capacity that was undersubscribed...

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India’s Gujarat Allocates 745 Megawatts In Wind Auction

By : Sustainability ..., May 17, 2019

The Indian state of Gujarat recently completed a wind energy auction, the second for the state since wind energy auctions began in the country. The auction was undersubscribed and project...

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