Envision Energy India wins 300 MW wind turbine order
Author: PPD Team Date: December 3, 2025
Author: PPD Team Date: December 3, 2025
Envision Energy India has received a 300 MW wind turbine order from UPC Renewables India for upcoming projects in Karnataka. The order covers 60 wind turbine generators for installation at the Bijapur site.
The first phase totals 100 MW and includes 20 turbines scheduled for delivery early next year. This phase is tied to a power supply agreement with SJVN Limited and is planned to begin operations in January 2027. Once all 60 turbines are commissioned, the projects are expected to produce about 900 million units of electricity each year.
The company has been expanding its order book in recent months. In October, Envision Energy India secured a 502 MW wind turbine supply contract from Evren, a renewable energy platform backed by the Brookfield Global Transition Fund.
Image Source: Envision Energy
Author: PPD Team Date: December 16, 2024 Adani Renewable Energy Holding Nine Limited, a subsidiary of Adani Green Energy Limited (AGEL), has established three special purpose vehicles (SPVs) to implement its renewable energy projects. The SPVs—Adani Green Energy Sixty Five Limited (AGE65L), Adani Green Energy Sixty Six Limited (AGE66L), and Adani Green Energy Sixty Seven Limited (AGE67L)—were incorporated on December 12, 2024. The SPVs will focus on generating, developing, transmitting, distributing, and selling power derived…
Author: PPD Team Date: December 20, 2024 SWELECT Energy Systems has announced plans to raise Rs 1.38 billion through the issuance of 1,385 non-convertible debentures (NCDs) with a face value of Rs 1 million each via private placement. These secured, unlisted, rated, redeemable, non-cumulative, taxable NCDs will carry a 12.5-year tenure and an average interest rate of 9.5%. The funds raised will be used to strengthen the company’s financial position. The company’s board also approved…
Author: PPD Team Date: January 2, 2025 Solex Energy Limited has secured contracts worth Rs 1,790 million from Sprng Energy Private Limited and Zodiac Energy Limited for supplying solar modules for a total of 120 MW solar photovoltaic (PV) power projects in India. The contracts include: Supply of 100 MW N-type TOPCON 585/590 Wp PV modules worth Rs 1,500 million to Sprng Energy, with delivery expected by June 2025. Supply of 20 MW Bifacial PERC…
Author: PPD Team Date: November 26, 2024 Buhawind Energy Philippines (BEP) has obtained green lane certification from the Board of Investments (BOI) for its three offshore wind power projects, collectively valued at PHP 694 billion. These projects, with a total installed capacity of 4,000 MW, are located in Northern Luzon, Northern Mindoro, and East Panay. The 1.98 GW offshore wind farm in Ilocos Norte is scheduled to commence operations in 2030, followed by a 990…
Author: PPD Team Date: December 19, 2024 Federal Bank has partnered with Ecofy, a green-focused NBFC backed by Eversource Capital, to offer financing solutions for MSMEs investing in rooftop solar installations. The program targets financing 3,600 kW of rooftop solar annually, focusing on installations in the 20-200 kW range, a segment often underserved by lenders. This initiative is expected to reduce over 2,500 tonnes of carbon emissions each year while addressing MSMEs’ financial barriers. Federal…
Author: PPD Team Date: August 19, 2025 The Solar Energy Corporation of India (SECI) has cancelled two offshore wind tenders with a combined capacity of 4.5 GW, citing low developer participation. The first was a Request for Selection (RfS) issued on 2 February 2024 for 4,000 MW of offshore wind projects through allocation of sea-bed lease rights. The second, issued on 13 September 2024, was a 500 MW project off the Gujarat coast, designed to…