Thermal PLF likely to decline to 54% in FY2021 against 56% in FY2020 in base case scenario The book loss level for the discoms at all India level likely to increase by Rs. 200 billion […]
In 2019, global PV inverter shipments increased by 18% on a YOY basis with total shipments reaching 126,735 MW according to the report released by Wood Mackenzie. Growatt shipped a total capacity of over 5GW […]
Global behemoth solar energy consultancy SgurrEnergy India is celebrating a series of astounding accomplishments in 2020 – in less than four years, they have tripled their consulting portfolio and crossed 33GW consulting landmark milestone. To […]
Sembcorp Industries, a Singapore-based renewable energy company, has launched a renewable energy certificate (REC) trading platform that manages RECs from multiple sources. Backed by the growth of the renewable energy sector in China and Southeast […]
The Government of Uzbekistan has announced a tender for 100 MW of wind power projects and associated infrastructure in Qorao’zak district in the Karakalpakstan region of the country. The Ministry of Energy, the Ministry of […]
Tata Power’s wholly owned subsidiary Khopoli has completed the sale of the company’s entire stake in Cennergi Private Limited to Exxaro Resources Limited for $84.25 million. Cennergi Private Limited was a JV between Exxaro, a […]
Saipem and Equinor have signed a cooperation agreement to develop a floating solar power project for near coastal applications. The technology will be based on the in-house developed concept by Moss Maritime, part of Saipem’s […]
Canadian Solar has secured a Euro 55 million bilateral revolving credit facility with IntesaSanpaolo to fund the construction of a 151 MW portfolio of solar projects in Italy, located across different municipalities in Sicily, Apulia […]
The Tokyo Electric Power Company Holdings and Ørsted signed anMoU in January 2019 to work jointly on offshore wind projects. Since then, they have been working together to establish a framework and organisational structure for […]
The Asian Infrastructure Investment Bank has approved a $60 million loan to increase the renewable power generation capacity in Oman to help reduce the country’s dependence on gas and other fossil fuels for electricity generation. […]
Plus Renewable Technologies and Avondale Solar have entered into an agreement to sell their interests in a 350 MW solar project in Fort Bend County, Texas, that they are developing through their affiliate, AP Solar […]
Lacuna Sustainable Investments has raised $50 million to invest in development-stage solar and storage projects. Lacuna Sustain – able Investments is an investment management firm active in the development, financing and monetisation of renewable energy […]
NaiKun Wind Energy Group has entered into an agreement to sell the NaiKun Offshore Wind Farm located in the Hecate Strait off the coast of British Columbia, Canada to Northland Power, a global developer, owner […]
Siemens Gamesa Renewable Energy has secured an order in Brazil to supply 52 of its SG 5.8-170 for the Tucano wind farm, developed by the power company AES. This order consists of Siemens Gamesa’s new […]
Adani Green Energy Limited (AGEL) has approved the draft of a joint venture (JV) agreement with Total Solar Singapore PTE Limited and Adani Green Energy Twenty Three Limited. As per the agreement, the JV company, […]
The Saudi Arabia Renewable Energy Project Development Office has issued the list of all the pre-qualified bidders in round three of the National Renewable Energy Program, which comprises four solar projects with a combined generation […]
The Nordex Group has received an order for 400 MW of wind turbines in Norway. The firm will supply and install 72 N149/5.X turbines, with 105 metre steel towers, at the Øyfjellet wind farm for […]
Power generation (including renewable power generation) is designated as an essential service. As per a notice issued by the MNRE, renewable energy generation projects could be interstate or intra-state supplying power to distribution companies through […]
The MNRE with the approval of the power minister has decided to extend the deadlines for approved list of models and manufacturers (ALMM) List I (solar PV modules) and ALMM List II (solar PV cells) […]
The Ministry of Power (MoP) has announced that the CPSU generation and transmission companies would continue to supply electricity, even to discoms owing substantial outstanding dues to generation companies. As per the announcement, in the […]
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