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RWE Renewables Closes Financing for 151 MW Wind Project

RWE Renewables has announced that it has completed the successful tax equity financing of its 151 MW Peyton Creek wind farm in Matagorda County, Texas. RWE Renewables has announced that it has completed the successful tax equity financing of its 151-megawatt (MW) Peyton Creek wind farm in Matagorda County, Texas. A subsidiary of Bank of America provided […]

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E2 Report on Clean Jobs America 2020

E2’s 2020 Clean Jobs America report details the sheer size of this important employment sector, the troubles it is currently facing due to COVID-19 and how focusing recovery policies on clean energy can get America’s economy humming again—quickly and for the long run. Before the COVID-19 crisis, nearly 3.4 million Americans worked in clean energy— […]

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Total Bags Over 135 MW of Solar Projects in France’s Latest Tender

French energy major Total has won more than 135 MW of solar projects during the latest round of tenders conducted by the French Energy Regulatory Commission (CRE). The company has won the tenders through Total Quadran, a wholly-owned affiliate dedicated to developing and producing renewable energy in France. Out of an aggregate capacity won, Total […]

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REC Sanctions Rs 7 Cr to Ramp Up Relief Work Amid Lockdown; More to Come

The central public sector undertaking (CPSU) REC Ltd, via its CSR arm REC Foundation, has sanctioned Rs 7 crore in a step to speed up the relief work amidst lockdown due to the spread of the coronavirus pandemic. Concerned over the plight of daily wagers, the navratna non-banking finance company (NBFC) said that more such […]

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150 GW of RE Projects at Risk Due to Coronavirus

In the fast developing situation arising out of the Coronavirus pandemic and its impact on renewables worldwide, we have seen many estimates, and updations to those estimates. The latest one is Wood Mackenzie’s (Woodmac) research that shows up to 150 gigawatts (GW) of wind and solar projects across the Asia Pacific at risk. These projects […]

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In China, a Mixed Bag of Results And News from Solar Majors in Q1

Close on the heels of a strong recovery in March this year, right after the worst of the Covid-19 imposed lockdowns in the country, major China-based firms have declared a mixed set of  news, guidance, and results. Bringing up the tough news was Sunpower, a manufacturer of cells and modules, which has idled its plants […]

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Floating Solar and Fishery Chalks Another Success in China with 120 MW plant

Months after the start of a 260 MW plant in China’s Anhui province that was made by China General Nuclear Power Group , that used floating solar and allowed fishery at the site, comes news of another 120 MW plant going online. The new plant  is located at Cixi, in Zhejiang province of China.The plant, […]

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Now, Safeguard Duty Clarification From MNRE Awaits

An active Ministry of New and Renewable Energy (MNRE) has been in overdrive in 2020, delivering a wishlist of moves for the sector so far. Not just that, some of the amendments planned for the Electricity act of 2003 soon, will add even more legal teeth to its orders, issued mainly to protect the sector […]

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MNRE Invites EoI for Evaluating Components of PM KUSUM Scheme

The Ministry of New and Renewable Energy (MNRE) has invited Expression of Interest (EOI) from reputed consultants and experts to undertake an evaluation of Component-A and Component-C of the Pradhan Mantri Kisan Urja Suraksha evem Utthan Mahabhiyan (PM KUSUM) Scheme. This scheme was launched during the month of March last year and has three components: […]

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