In Short : Neyveli Lignite Corporation (NLC) is preparing an IPO for its renewables subsidiary, NLC India Renewables (NIRL), to fund expansion. NIRL operates 1.4 GW of solar/wind projects and targets 6 GW by 2030. The move aligns with India’s 500 GW renewable goal. The offering, likely in 2024-25, awaits government approvals. This could set […]
Ignitis Renewables and Copenhagen Infrastructure Partners (CIP) have won Estonia’s first offshore wind auction, for the development of the Liivi 2 sea area with a capacity of up to 1.4 GW, the parties said today. The subsidiary of Lithuanian energy company Ignitis Grupe AB (VSE:IGN1L) and the Danish fund manager, through its Growth Markets Fund […]
The Japanese government has selected three consortia to deliver 1.4 GW of projects under its second offshore wind tender, it was announced on Wednesday. German energy company RWE AG (ETR:RWE) has secured the largest project, a 684-MW scheme, in partnership with Mitsui & Co Ltd (TYO:8031) and Osaka Gas Co Ltd (TYO:9532). The consortium was […]
Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited, one of the large renewable energy players in India has crossed the 1.4 GW capacity of group captive projects in last seven months. This achievement is the result of signing of Power Delivery Agreements (PDA) with various industries across segments. Some […]
Germany has only chosen 1,433 MW of onshore wind projects in the latest auction round, falling short of the targeted capacity of 1,667 MW which was halved due to concerns of low interest. As many as 142 bids totalling 1,436 MW were submitted within the deadline of August 1 and one bid was excluded from […]
NLCIL Issue Tender for ENGAGING QUALIFIED COORDINATING AGENCY (QCA) FOR NLCIL 1.4 GW SOLAR AND WIND POWER PLANT (REPP) AT VARIOUS PLACES IN TAMIL NADU. For more information please see below link:
New South Wales has selected 1.4 GW of wind, solar and battery storage projects in its maiden auction for renewable energy capacity aimed at helping the Aussie state move away from coal-fired generation. Projects awarded through the tender will facilitate the creation of large renewable energy zones (REZ) and attract investments worth AUD 2.5 billion […]
Hanwha has announced plans to invest $320 million in expanding its US and South Korean manufacturing capacity In the US, it will build 1.4 GW module fab worth $170 million targeting a completion timeline of H1/2023 In South Korea, it will invest $150 million to expand its overall cell manufacturing to a total of 5.4 […]