Italy-based Enel SpA has commissioned its 238 MW Don Jose solar PV park in Mexico’s Guanajuato state. The plant was built at a total cost of $220 million. Don Jose has a 15-year power supply […]
EIG Global Energy Partners has signed a $758 million deal to finance the first combined CSP-PV project, Cerro Dominador, in Chile. The financing has been provided by international financial institutions and local banks including Natixis, […]
The Asian Development Bank (ADB) has announced the second phase of a private sector financing package of $40 million for four subsidiaries of Vena Energy, formerly known as Equis Energy, which has 11 GW of […]
The Government of Turkey has decided to exempt owners of PV systems ranging in size from 3 kW to 10 kW from the 5 per cent income tax on revenue generated from the sale of […]
Afghanistan’s Ministry of Energy and Water (MEW) has awarded a contract to build a 40 MW hybrid wind and solar plant at the Hisar-e-Shahi Industrial Park in the eastern province of Nangarhar, to Shuangdeng Group […]
Spain-based Forestalia has entered into an agreement with Natixis Asset Management subsidiary Mirova, American multinational conglomerate GE, and French multinational electric utility company ENGIE to build the Goya wind farm, the first subsidy-free 300 MW […]
US social networking major Facebook has signed a 15-year PPA in Norway for the output of the 294 MW Bjerkreim cluster of wind farms. Facebook will buy 1,000 GWh of electricity each year from the […]
Hevel Solar, a Russian solar module manufacturer and Fortum, a Finnish power utility have won a total of 150 MW of solar PV capacity auctioned by JSC ATS, Russia’s trading system administrator. Hevel Solar will […]
Indonesia has inaugurated its three solar plus storage mini-grids in three remote villages to supply uninterrupted, off-grid electricity to consumers. The mini-grids have been set up in the villages of Merabu, Long Beliu and Teluk […]
Pattern Energy Group 2 LP, or Pattern Development, has acquired the 1,000- MW Mesa Canyons Wind Farm project along with the Western Spirit Transmission Line Scheme in New Mexico from Clean Line Energy Partners. Both […]
With the solar and wind power segments witnessing extremely low tariffs over the past year and the nodal agencies enforcing strict commissioning timeframes, the industry is concerned if adequate quality control measures are being implemented […]
Power transmission and distribution are two critical roadblocks that are resulting in a significant disparity between power generation and consumption in the country. While statistically, India is a power-surplus country with 344 GW of installed […]
In May 2018, the union cabinet approved a national policy on biofuels that seeks to not only help farmers dispose of their surplus stock in an economical manner, but also reduce India’s dependence on oil […]
Fourth Partner Energy has raised an investment amount of $70 million from The Rise Fund, which is a global impact investment fund managed by TPG Growth. Investec acted as the advisor to this transaction for […]
Karnataka Urban Water Supply and Drainage Board (KUWSDB) has invited (EoIs) to set up floating solar power projects over reservoirs in three regions of Karnataka. The projects have been proposed on reservoirs in Manvi, Sirguppa […]
A total of 10 companies have submitted their technical bids for the tender issued by Solar Energy Corporation of India Limited (SECI) for developing 2,000 MW capacity of ISTS-connected solar power projects in the country. […]
A total of 35 companies have submitted the Expressions of Interest (EoIs) for development of 1,000 MW capacity commercial offshore wind farms in India, off the coast of Gujarat. These include Van Oord India Private […]
The MERC has passed a ruling stating that net metering for rooftop solar projects can be availed by installations of up to 1 MW only. The ruling came in response to a petition filed by […]
The Maharashtra Electricity Regulatory Commission (MERC) has approved the tariffs proposed by Maharashtra State Electricity Distribution Company Limited (MSEDCL) for long-term procurement of 500 MW of wind power to fulfil its non-solar renewable purchase obligations […]
The Tamil Nadu Electricity Regulatory Commission (TNERC) has rejected Tamil Nadu Generation and Distribution Corporation’s (TANGEDCO’s) plea to allot wind energy capacity of over 500 MW to NLC India Limited. In June 2017, TANGEDCO had […]
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