ReNew Power has won the energy tender for the development of a 3 MW floating solar photovoltaic plant located in Visakhapatnam, Andhra Pradesh in India. The project would be among the largest floating solar PV projects in India and is estimated to generate around 4.2 million units of power annually, offsetting over 3,960 tonne of carbon emissions every year.
The project is part of an energy tender conducted by the Greater Visakhapatnam Municipal Corporation (GVMC). The project would be financed by GVMC through a grant received from the Asian Development Bank under their Urban Climate Change Resilience Trust Fund.
Country updates
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October 18, 2018
CDPQ announces US$100 million investment in Azure Power
La Caisse de dépôt et placement du Québec (CDPQ) has announced that it has increased its stake in Azure Power Global Ltd. (Azure Power) to 40% through a US$100 million contribution...
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October 18, 2018
Tenders launched for 1,500 MW solar projects in Madhya Pradesh
Rewa Ultra Mega Solar Limited (RUMSL), a joint venture of Solar Energy Corporation of India (a premier agency of the Government of India, spearheading the development of solar power in the country) an...
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October 10, 2018
India's IL&FS launch sale of 775 MW wind portfolio
India's Infrastructure Leasing & Financial Services Ltd (IL&FS) has launched the sale of its wind energy assets through its IL&FS Wind Energy. The wind portfolio consists of ...
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October 10, 2018
Greenko completes acquisition of Orange Renewable and agrees to acquire Skeiron Green Renewables
Greenko Energy Holdings (Greenko) has announced that it has completed the Orange Renewables acquisition and entered into a definitive purchase agreement to acquire Skeiron Green Renewables. Headquart...
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October 09, 2018
Sembcorp Industries completes 250 MW wind project in Tamil Nadu
Sembcorp Industries has announced the completion of the SECI 1 wind power project in Tamil Nadu, developed by the Group’s India power arm, Sembcorp Energy India Limited (SEIL). Completed ahead o...
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