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Adani Green Acquiring 40MW Indian Solar Project (Int'l., M&A)
Adani Green Energy
Date: 2021-10-01
In New Delhi, Adani Green Energy Ltd reports it will acquire a 40 MW operational solar project, located in Odisha, from privately-held Essel Green Energy Ltd at an enterprise value of 2,190,000,000 Indian Rupees ($29.482 million). The project has a long-term PPA -- with 22 year remaining -- with the New Delhi-based Solar Energy Corporation of India (SECI.)

With this acquisition, Adani's operational project capacity will reach 5.4 GW, with a total portfolio of 19.8 GW. As previously reported, the company recently raised $750 million through a green bond to fund the equity for its under construction projects. (Source: Adani Green Energy, PR, 30 Sept., 2021) Contact: Essel Green Energy Ltd, www.nrgedge.net/company/essel-green-energy-private-limited; Solar Energy Corporation of India, www.seci.co.in

More Low-Carbon Energy News Adani Green Energy,  Solar,  Solar Energy Corporation of India ,  


SECI Plans 2,000 MWh Standalone Energy Storage Tender Call (Int'l.)
Solar Energy Corporation of India
Date: 2021-07-26
In New Delhi, India's state-owned Solar Energy Corporation of India (SECI) reports it is planning a 2,000 MWh standalone energy storage system which will be executed by the private sector on a build-own-operate (BOO) basis with a 25-year agreement. A detailed tender call is expected by the end of August. this year. (Source: Solar Energy Corporation of India, PR, Economic Times, 25 July, 2021) Contact: Solar Energy Corporation of India, 011 2466 6200, corporate@seci.co.in, www.seci.co.in

More Low-Carbon Energy News Solar Energy Corporation of India news,  Energy Storage news,  


GE Tapped for Indian 55 Onshore Wind Turbines Order (Ind. Report)
GE Renewable Energy,Solar Energy Corporation of India
Date: 2021-07-07
GE Renewable Energy reports its has been selected by Continuum Green Energy to supply, install and commission 55 sets of its 2.7-132 onshore wind turbines for the 148.5-MW Morjar, Bhuj wind farm in the state of Gujarat.

When fully operational, the project is expected to generate sufficient power for roughly 125,000 households in India. The project has a 25-year PPA with Solar Energy Corporation of India (SECI). (Source: GE Renewable Energy, Website PR, Contact: Continuum Green Energy, Arvind Bansal, CEO, www.continuumenergy.in; GE Renewable Energy, www.ge.com/renewableenergy/home; Solar Energy Corporation of India, www.seci.co.in

More Low-Carbon Energy News GE Renewable Energy,  Wind,  Wind Turbine,  


Adani Green Energy receives LOA for 600 MW wind-solar hybrid
Adani Green Energy,Solar Energy Corporation of India
Date: 2021-01-04
Gujarat, India-based Adani Green Energy Limited reports its wholly owned subsidiary Adani Renewable Energy Holding Eight Ltd, has received a 25-year LOA for a 600 MW Wind-Solar Hybrid project from New Delhi-headquartered Solar Energy Corporation of India. The project is expected to be commissioned within 18 months of the signing PPA.

With this project, Adani Green's total renewable energy project capacity stands at 14,795 MW -- 2,950 MW operational and 11,845 MW under implementation, according to the company. (Source: Adani Green Energy, PR, 2 Jan., 2021) Contact: Solar Energy Corporation of India, corporate@seci.co.in, www.seci.co.in; Adani Green Energy, +91-79-2656 5555, info@adani.com, www.adanigreenenergy.com

More Low-Carbon Energy News Adani Green Energy,  Solar,  


Adani Green Energy Claims Major Solar Award (Int'l. Report)
Adani Green Energy
Date: 2020-06-10
Ahmedabad, India-headquartered Adani Green Energy Ltd. (AGEL) has won the first of its kind manufacturing linked solar agreement from the Solar Energy Corporation of India (SECI).

As a part of the award, AGEL will develop 8 GW of solar projects at various locations as well as establish 2 GW of additional solar cell and module manufacturing capacity no later then 2022. The award will entail a single investment of $6 billion and displace 900 million tonnes of CO2 over its lifetime.

With this win, AGEL will now have 15 GW capacity in operation, under construction or under contract. (Source: Adani Green Energy Ltd., Website, Equity Bulls, 9 June, 2020) Contact: Adani Green Energy Ltd., +91-79-2656 5555, info@adani.com, www.adanigreenenergy.com; Solar Energy Corporation of India, www.seci.co.in

More Low-Carbon Energy News Adani Green Energy ,  Solar,  Solar Energy Corporation of India ,  


Indian 1,200 MW Renewable Energy Projects Tender Expected (Int'l)
Solar Energy Corporation of India
Date: 2020-04-22
On the Sub-Continent, the New Delhi-Solar Energy Corporation of India (SECI) has issued a second call for tenders for setting up of 1,200 MW of interstate transmission system (ISTS) connected renewable projects with guaranteed peak power supply. The detailed tender document is expected to be uploaded on SECI's website shortly.

In this tender, a project is expected to have two components -- a solar photovoltaic (SPV) system or a wind energy system or a hybrid system of both technologies, Projects selected under this RfS were eligible for two-part tariffs: Peak Tariff and Off-Peak Tariff. (Source: SECI, Energy Infra Post, 19 April, 2020) Contact: Solar Energy Corporation of India, +91 011 7198 9200, corporate@seci.co[.in, www.seci.co.in

More Low-Carbon Energy News Solar Energy Corporation of India,  


Indian Floating Solar Project Bid Dates Extended (Int'l Report)
Solar Energy Corporation of India
Date: 2020-04-15
The Solar Energy Corporation of India (SECI) has extended the last date submit bids for 4 MW of grid-connected floating solar power projects with 2 MW of battery energy storage systems (BESS). The projects will be developed at Kalpong Dam, Diglipur, North Andaman. The new deadline is May 4, 2020.

The scope of work includes the design, engineering, manufacture, dispatch, transportation, and storage of all equipment and materials such as the adequate capacity of solar PV modules with suitable ratings -- International Electrotechnical Commission or Bureau of Indian Standards (BIS) standards.

The projects will be developed on a build-operate-own (BOO) basis and should achieve financial closure within a year from the effective date of the power purchase agreement (PPA) and commissioned within 18 months. (Source: Solar Energy Corp of India, PR, Marcom India, 14 April, 2020) Contact: Solar Energy Corp of India, 011-71989200, corporate@seci.co.in, www.seci.co.in

More Low-Carbon Energy News Floating Solar,  Solar,  Solar Energy Corporation of India ,  


Greenko, Renew Power Win 1200MW Indian Solar-Storage Tender (Int'l)
Greenko Group,Solar Energy Corporation of India
Date: 2020-02-10
Greenko Group with 900 MW and Renew Power with 300 MW are reporting winning the New Delhi-headquartered Solar Energy Corporation of India's (SECI) tender for for 1200 MW, with 600 MW assured storage capacity. The tender includes pumped hydro and battery of about 3000 MW and renewable energy generation capacity.

The Indian Union Power Ministry has mandated at least 21 pct of all energy requirements be from renewable energy sources by 2021-22. (Source: Greenko Group, Hindu Business Line, 2 Feb., 2020) Contact: Solar Energy Corporation of India, corporate@seci.co.in, www.seci.co.in; Greenko Group, Anil Chalamalasetty, CEO, +91 40 40301000, info@greenkogroup.com, www.greenkogroup.com; ReNew Power Limited, Ms. Vaishali Nigam Sinha, Chief Sustainability Officer, www.renewpower.com

More Low-Carbon Energy News Renew Power,  Solar Energy Corporation of India,  Greenko Group,  India Solar,  


Inox Wind, Adani Green Energy Ink 50 MW Wind PPA (Int'l. Report)
Inox Wind,Adani Green Energy
Date: 2019-10-28
India-headquartered Inox Wind reports it has inked a PPA agreement for power from a 50 MW, 25-turbine wind power project with the Solar Energy Corporation of India (SECI). To date, has commissioned 166 MW of wind projects for Adani. (Source: Inox Wind, Mercom, 22 Oct., 2019) Contact: Adani Green Energy, +91-79-2656 5555, info@adani.com, www.adanigreenenergy.com; Inox Wind, Kailash Tarachandani, CEO, +91 1975 272001, investors.iwl@inoxwind.com, www.inoxwind.com

More Low-Carbon Energy News Inox,  Wind,  Adani Green Energy,  


Azure Power Commissions 150 MW Indian Solar Project (Int'l Report)
Azure Power
Date: 2019-05-01
In New Delhi, Indian solar power specialist Azure Power reports commissioning of a 150 MW solar power plant in Bhadla solar park in Rajasthan. This section is the first phase of 200 MWs allocated to Azure Power by Solar Energy Corporation of India (SECI), a Government of India enterprise. Azure Power will supply power to SECI under a 25-yera PPA.

With this project commissioned, Azure Power has 1600 MWs of high-quality operational solar assets. In 2015, Azure developed the first-ever SECI solar power plant in the state of Rajasthan, which was also the largest solar power project under India's National Solar Mission at the time of its commissioning. (Source: Azure Power, PR, 30 April, 2019) Contact: Azure Power, Inderpreet Wadhwa, CEO, Samitla Subba, +91-11-4940-9854, pr@azurepower.com, www.azurepower.com

More Low-Carbon Energy News Azure Power,  Solar,  India Solar,  


Siemens Investing in Greenko's Poovani India Wind Farm (M&A, Int'l)
Siemens Financial Services ,Greenko Group
Date: 2019-03-13
Siemens Financial Services (SFS) reports it has inked an agreement to invest an unspecified amount for a 46 pct stake in Indian renewable energy company Greenko Group's 114-turbine, 200 MW Poovani wind power project in Tamil Nadu, Southern India.

The Poovani wind project is part of Solar Energy Corporation of India (SECI) Wind Power Tranche II. The project is expected to generate sufficient energy for roughly 155,000 homes per year when fully online. (Source: Siemens Financial Services , Power Tech., 12 Mar., 2019) Contact: Siemens Financial Services, https://new.siemens.com/global/en/products/financing.htm; Greenko Group, Anil Chalamalasetty, CEO, +91 40 40301000, info@greenkogroup.com, www.greenkogroup.com; Solar Energy Corporation of India, www.seci.co.in

More Low-Carbon Energy News Siemens Financial Services ,  Greenko Group,  

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