Author: Ayush Verma

ACWA Power Seals 900 MW Vth Phase of MbRAM Solar Park at $1.6953/kWh

ACWA Power has formally won the Vth Phase of the MbRAM Solar Park from DEWA, after submitting a winning bid tariff of USD 1.6953/kWh Following its successful Bid Submission on the 9th of October 2019, Dubai Electricity and Water Authority (DEWA) awarded the 900 MW photovoltaic fifth phase of the Mohammed bin Rashid Al Maktoum […]

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AVANGRID Becomes 3rd Largest US Wind Operator, Added 831 MW 2019

AVANGRID has reported that it is the third-largest US wind operator as it commissioned 831 MW of new wind projects in 2019. AVANGRID, inc recently released its 2019 Sustainability Report as it pledged to intensify its investments in a smarter, cleaner energy future throughout the pandemic crisis and beyond. The company reported that it is […]

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SK Innovation Increases Investment in US EV Battery Business to $2.5 Bn

SK Innovation has announced that it plans for additional investment in its US battery business, to fund the start of construction of a 2nd EV battery plant. South Korea-based SK Innovation has announced that it plans for additional investment in its US battery business, following approval by its Board of Directors to fund the start of construction of a […]

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J-Power Finds Partners to Co-Develop 350 MW Solar Project in Texas

Solar Plus Development and Avondale Solar have entered into an agreement with J-Power USA to jointly develop a 350 MW solar project in Texas Solar Plus Development, a subsidiary of Plus Renewable Technologies, and Avondale Solar have entered into an agreement with J-Power USA to jointly develop a 350 MW solar PV project in Wharton County, Texas. The Red-Tailed […]

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RITES Tenders for 1 GW Solar PV Projects on Indian Railways Land

RITES Limited has issued a tender for setting up of 1 GW of land-based solar photovoltaic (PV) power projects on land owned by the Indian Railways. RITES Limited, an engineering consultancy company which works under the aegis of the India Railways, has issued a tender for setting up of 1 GW of land-based solar photovoltaic […]

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Dropping Prices of Solar, Wind and Storage a Risk for Existing Coal, Gas: BNEF

According to a new analysis, solar PV and onshore wind are now the cheapest sources of new-build generation for at least two-thirds of the global population. The latest analysis by research company BloombergNEF (BNEF) shows that the global benchmark levelised cost of electricity, or LCOE, for onshore wind and utility-scale PV, has fallen 9 percent […]

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ADB Grants $346 Mn Loan for Rural Electricity in Maharashtra

ADB has approved a USD 346 million loan to help provide an efficient and reliable power connection to rural agriculture customers in Maharashtra. The Asian Development Bank (ADB) has approved a USD 346 million loan to India to help provide an efficient and reliable power connection to rural agriculture customers in the state of Maharashtra. […]

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All 102 Turbines Installed at 714 MW East Anglia ONE Offshore Wind Farm

ScottishPower Renewables and Macquarie’s GIG have successfully installed every one of the 102 turbines on the 714 MW East Anglia ONE offshore wind farm ScottishPower Renewables and Macquarie’s Green Investment Group (GIG) have announced that they have successfully installed every one of the 102 turbines on the 714 MW East Anglia ONE offshore windfarm – […]

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Offshore Wind Energy Major Ørsted Posts Strong Q1 Numbers

Ørsted has released its interim report for Q1 2020, reporting an operating profit of DKK 6.8 billion up 33 percent over the same quarter last year. Global offshore wind energy leader, Ørsted has released its interim report for the first quarter (Q1) of 2020. The firm has reported an operating profit (EBITDA) of DKK 6.8 […]

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