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Iberdrola Acquires 2 Wind Projects in Scotland for €190 Mn

Iberdrola has purchased two onshore wind projects in Scotland, with a combined 165 MW capacity and which will involve an investment of around €190 million Spanish multinational electric utility Iberdrola has announced that it has finalised the purchase of two onshore wind projects in Scotland, with a combined 165-megawatt (MW) capacity and which will involve […]

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EDPR Wins Case to Resume Work on 100 MW Wind Project in Ontario

EDPR has announced that the Ontario Superior Court of Justice has reinstated the Renewable Energy Approval (REA) for the firms’ 100 MW Nation Rise Wind Farm EDP Renewables (EDPR) Canada, a wholly-owned subsidiary of EDPR, has announced that the Ontario Superior Court of Justice (Divisional Court) has granted EDPR’s judicial review application in ‘Nation Rise Wind […]

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Discoms’ Liquidity Infusion via Loan Positive for Gencos, But Losses to Shoot Up by Rs 270 Bn in FY21: ICRA

Government’s Rs 900 billion liquidity support under Atmanirbhar Bharat package for state power distribution utilities (Discoms) is a much welcome measure, said ICRA a leading credit rating agency. However, this liquidity infusion in Discoms will be in the form of loans against receivables, from major power sector lenders Power Financial Corporation (PFC) and Rural Electrification […]

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Top 10 Ground Mounted Solar Power States by Installed Capacity in India

With the Modi Government’s aspirational goal of 5 trillion dollar economy by 2024-25 for India, power sector gets a centre stage as it is one of the most important pillars of the economic growth of the country. However, coronavirus likely to impact the goals. Despite such hindrances, power industry especially renewable energy has a higher […]

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GoodWe Unveils SDT G2 Series Inverters for Residential & Small Commercial Projects

Leading inverter supplier GoodWe has launched its SDT G2 series inverter solution 17-25kW, its top of the line option for residential and small commercial projects. The company claims that the SDT G2 series is highly efficient, easy to install and integrates the most advanced safety features. It comes with a life-long free monitoring solution Smart […]

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Siemens Gamesa to Supply Wind, Storage Hybrid Solution in Philippines

Spanish wind turbine manufacturer Siemens Gamesa is set to deliver an innovative wind and storage hybrid project in the Philippines. This project is having its own significance as it will help in reducing dependence on diesel by providing stable power supply in a location with a weak link to the grid. Moreover, this hybrid project, […]

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BSNL Tenders for Supply of GPON, EMS, Solar Power Equipment with VRLA Batteries

State-owned telecom major Bharat Sanchar Nigam Ltd (BSNL) has floated tender inviting eligible bidders for supply, installation, integration, commissioning and maintenance of GPON equipment, EMS and solar power equipment with VRLA batteries. As per the tender details, the successful bidder will have to connect 588 OLT sites to 7360 ONTs at gram panchayats. However, BSNL […]

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CPP Investments Commits €200 Mn to Offshore Wind Projects in France

CPP Investments acquires 49% of the entity that holds Enbridge’s stake in its partnership with EDF Renewables that is developing 3 offshore wind farms in France. Canada Pension Plan Investment Board (CPP Investments) has announced that its wholly-owned subsidiary, CPP Investment Board Europe, has reached an agreement with Enbridge to acquire 49 percent of the […]

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Power Demand Dropped 24% in April Due to Lockdown: CRISIL

With almost no economic activity taking place in the first 20 days of April due to lockdown, power demand declined sharply by 24 percent in the month With almost no economic activity taking place in the first 20 days of April due to lockdown, and very little operations after that, power demand declined sharply by […]

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