Tata Power JV synchronises 186 MW Georgia Hydro Project
Tata Power, through Adjaristsqali Georgia LLC (AGL), its joint venture with Norway's Clean Energy Invest AS Norway (Clean Energy) and IFC InfraVentures (IFC), a member of the World Bank group, announced the synchronisation of its 186 MW Shuakhevi Hydro Power Project (HPP) in record time.
International Solar Alliance summit in New Delhi
The International Solar Alliance, led by France and India, will bring together investors and financers in high-profile events in New Delhi, Kenya, Peru and Indonesia - countries with high solar potential in three different continents.
India´s sunshine states can be major investment destinations
Globally, the success of solar energy deployment has been completely dependent on certain external factors. India is no different. With an encouraging 2013, the industry was more confident about the next couple of years. However, with issues like key administrative changes and anti-dumping concerns, the investment decision was stalled by some international players.
SBI to provide $12.5 billion for renewable energy
State Bank of India (SBI) has committed to provide $12.5 billion in debt funding to renewable energy projects over the next few years. The announcement was made at the RE-INVEST summit organized by the Ministry of New and Renewable Energy.
NTPC commits to add 10,000 MW of solar power
NTPC has committed to add 10,000 MW through solar projects at RE-INVEST ´ 2015, the first renewable energy global investment meet which was held in New Delhi.
State specific policies for RE
Union Railway Minister Suresh Prabhu has called for more active participation of States in harnessing renewable energy. He was speaking at the session tilted ´Showcase of Policy Incentives by States´ in the RE-INVEST 2015 in New Delhi.
First Solar announces 5 GW Green Energy Commitment
First Solar has made a Green Energy Committment to develop 5 GW of capacity by 2019 at the RE-INVEST meet, joining India´s vision to ramp up solar energy capacity in the total energy mix to 10 per cent to meet the country´s increasing demand for sustainable renewable energy.
Mytrah bags 220 MW wind power project from Andhra Pradesh
Wind energy major Mytrah Energy Ltd has announced that it has bagged a 220 MW project from the Andhra Pradesh government. The project will be installed in Kurnool district and is expected to be commissioned in 18 months, the company said.
Gamesa eyes solar power projects
Gamesa, one of the leading wind energy companies is also looking to invest millions and eventually expand operations into solar energy as well. Gamesa´s Executive Chairman recently told Indian journalists that the company will invest Rs 100 million in India over the next five years.
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