Qualitas Energy Forms JV with Mirova to Develop 250 MW RE Projects in Italy

Qualitas Energy and Mirova have formed a joint venture, Italian Renewable Platform, to develop, build, and operate up to 250 MW of renewable energy projects...

Business | March 21, 2025 | By Mrinmoy Dey |  262 readings

Zelestra Signs PPA with SJVN to Supply FDRE from 500 MW Hybrid Project in Maharashtra

Zelestra has secured a 500 MW Firm and Dispatchable Renewable Energy (FDRE) contract from SJVN to develop a hybrid solar, wind, and battery storage project...

Business | March 21, 2025 | By Mrinmoy Dey |  265 readings

Hedge5 Signs INR 500 Crore MoU with Assam Govt for Renewable and Biogas Projects

Hedge5 Manufacturing Solutions will invest INR 500 crore in Assam to develop a 5 MW renewable power plant and five 5TPD CBG plants. The projects, set to begin...

Business | March 20, 2025 | By EI News Network |  279 readings

SECI Invites Bids for 400 MW ISTS-Connected Wind Projects

SECI has issued a tender for 400 MW wind projects, requiring bidders to have a net worth of INR 1.5 crore per MW. The minimum project size is 50 MW, with a...

Business | March 20, 2025 | By EI News Network |  250 readings

MERC Approves Tariff for Adani Electricity's 250 MW Wind Power Deal

MERC has approved Adani Electricity Mumbai Distribution’s (AEML-D) INR 3.65/kWh tariff for 250 MW wind power from JSW Neo Energy. The procurement aligns...

Business | March 20, 2025 | By EI News Network |  887 readings

Zelestra Secures 16.2 MW Wind-Solar Hybrid PPA with Daimler India Commercial Vehicles

Global renewable energy company Zelestra has signed a 16.2 MW PPA with Daimler India Commercial Vehicles to supply 29 GWh of wind and solar power annually to...

Business | March 20, 2025 | By Mrinmoy Dey |  321 readings

HP Aims to Be India’s First Green Energy State by 2026, Proposes INR 905 Crore for Energy

Himachal Pradesh aims to become India’s first Green Energy State by 2026, with INR 905 crore proposed for the energy sector. The focus includes renewable...

Business | March 20, 2025 | By EI News Network |  922 readings

KPI Green Energy Secures INR 272 Cr Loan for 50 MW Wind-Solar Hybrid Project in Gujarat

Gujarat-based KPI Green Energy has secured an INR 272 crore credit facility from the National Bank for Financing Infrastructure and Development (NaBFID) to...

Business | March 20, 2025 | By Mrinmoy Dey |  652 readings

Waaree Energies Upgraded to A+ Credit Rating

Waaree Energies has secured an A+ credit rating from CARE Ratings, citing strong financials, expanding solar and wind capacity, and INR 50,000 crore order book....

Business | March 20, 2025 | By EI News Network |  964 readings

IREDA Launches its First-Ever Perpetual Bonds to Raise INR 1,247 Crore

Indian Renewable Energy Development Agency (IREDA) has launched its first-ever Perpetual Bonds to raise INR 1,247 crore at an annual coupon rate of 8.40 percent...

Business | March 20, 2025 | By Mrinmoy Dey |  294 readings