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Electricity Act

juwi Announces 4 Solar Projects Worth 500 MW in Colorado

juwi has contracted with Tri-State for the supply of electricity from four new solar projects in Colorado, worth a combined generational capacity of 500 MW German renewable power supply company, juwi has announced that it has contracted with Tri-State Generation and Transmission Association on the supply of electricity from power purchase agreements (PPAs) for four […]

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FESCO to Develop Solar plus Storage Project for Maryland’s District 40 Mall

US based FESCO Energy has inked an exclusive pact with Maryland’s District 40 mall, formally known as Frederick Towne Center Mall located on the Golden Mile, to develop a a microgrid enabled solar-plus-storage project. This sustainable microgrid power generation project will generate electricity of more than 3 MW from solar energy and will be having […]

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EBRD Agrees €50 Mn Financial Guarantee for Renewables in EU Neighbourhood

EBRD and the EU have agreed on EUR 50 million in financial guarantees aimed at scaling up investment in renewables in the EU Southern Neighbourhood The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have agreed on a new EUR 50 million programme of financial guarantees aimed at scaling up investment […]

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Nitya Group to Invest Rs 200 Cr in Next 5 Years

Encouraged with the government’s vision of Make in India, FMEG and industrial power distribution equipment maker Nitya Electro Controls (NEC) said that it is mulling to invest an amount of about Rs 200 crore within next 5 years. The move is not only expected to generate multiple employment opportunities but also ensure environment protection through […]

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Lighting up India’s hinterland

India has emerged as the fastest growing energy market in the world. Investments in the sector grew at 12 percent last year with spending on renewable energy (RE) exceeding fossil fuel-based power. The country aims at being a power surplus nation and RE can play a big role in the transition. In April 2018, the […]

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MERC Extends Commissioning Deadline for 75.6 MW Wind Project

MERC has ordered MSEDCL to extend the Financial Closure and Scheduled Commercial Operation Date for Clean Wind Power’s 75.6 MW wind energy project The Maharashtra Electricity Regulatory Commission (MERC) has in its latest notification ordered the Maharashtra State Electricity Distribution Company (MSEDCL) to extend the Financial Closure (FC) and Scheduled Commercial Operation Date (SCOD) for […]

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Masdar Signs Partnership for 145 MW Floating Solar Plant in Indonesia

Masdar has signed a PPA with PLN, the state electricity company in Indonesia, for the first floating solar photovoltaic (PV) plant in the country. Masdar, one of the world’s leading renewable energy companies, has signed a power purchase agreement (PPA) with Perusahaan Listrik Negara (PLN), the state electricity company in Indonesia, for the first floating […]

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Wind Energy Crucial for Europe’s ‘Carbon Neutral by 2050’ Target

The EU recently announced measures towards being carbon neutral by 2050, and Wind is expected to play a crucial role in achieving that target The European Union (EU), whose 28 members collectively account for the world’s third-largest emitter of greenhouse gases after China and the US, further strengthened its long-term commitment by announcing the Sustainable […]

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IRENA Pushes for Bigger NDCs in 2020

In a sensible reminder of how the ground situation has changed to open up new facilities, IRENA’s (International Renewable Energy Agency) call for higher ambition on NDC’s should be heeded. Making a strong case for the new NDC round discussions starting in 2020, IRENA has put forward the case based on a simple fact. That […]

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