The Indian Renewable Energy Development Agency (IREDA)’s gross non-performing assets (NPAs) rose to 6.01 percent of its total assets in the financial year (FY) 2016-17. The net NPAs of IREDAContinue Reading
The Ministry of New and Renewable Energy (MNRE) is to set up India’s first offshore wind turbines at Arichamunai near Dhanushkodi at an estimated investment of ₹300 crore. This siteContinue Reading
The world is cruising towards non-renewable source of energy and heavy reliance on the fossil fuel might soon become a past. Middle East being the most oil reliant region isContinue Reading
Xcel Energy has solicited bids on a series of grid-scale battery storage installations in Colorado. When completed and online by 2023, they may qualify for the title of largest batteryContinue Reading
Suzlon, a domestic wind energy project developer has recently forayed into the solar space and has successfully commissioned 340 MW of solar photovoltaic (PV) projects across three states of Maharashtra,Continue Reading
The tie-up between French energy giant Engie and Dubai-based private equity firm Abraaj Group to build 1,000 MW of wind energy projects in India, announced last September, has fallen through.Continue Reading
Senvion, a leading global manufacturer of wind turbines, has met the company’s targets for 2017. The adjusted EBITDA margin amounted to 8.0 % as guided last year. In a challengingContinue Reading
Mytrah Energy (India) Pvt. Ltd is in talks with potential investors to raise $500 million by selling a stake in the company. If successful, the transaction will be one ofContinue Reading
