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Electricity Market

Canadian Solar sells 70% stake in key Brazilian solar projects to SPIC Brasil

In a major deal in the South American renewable energy market, Canadian Solar Inc. today announced it signed an agreement with SPIC Brasil to sell 70% stake in its 738 MWp solar power projects – Marangatu and Panati-Sitia in Brazil. SPIC Brasil is a leading power generation company in Brazil. SPIC Brasil is a leading […]

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Mytrah Energy Proposes Review Of Old Order, CERC Disposes

In a recent order, the Central Electricity Regulatory Commission ordered as dismissed the petition of Mytrah Energy (India) Pvt. Ltd. (MEIPL) praying for review of the order dated 6.8.2019. The Commission had ordered on 6.8.2019 that the review petitioner, as the generating station of the review petitioner was not ready on the date of commercial operation […]

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AfDB, MASEN and RES4africa to impart solar training for Sahel Countries

North Africa is the receiver of the  highest irradiance on the planet and there is an increased focus on pushing more solar projects in the region. For the same, the African Development Bank (AfDB), MASEN and RES4Africa have agreed to join forces on a dedicated solar energy training programme in 2022. The official statement by […]

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Suzuki Buys RE From ReNew Power For Indian Plant

Suzuki Motor has begun to buy wind and solar power for its plant in Gujarat from ReNew Power as part of its drive to cut about 6% of the Japanese automaker’s global carbon dioxide emissions. As Suzuki’s biggest market, India accounted for about 60% of its global production of four-wheeled vehicles last fiscal year and […]

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Engie, Google Cloud To Seek More Efficient Wind Energy Through AI Based Solutions

In a fresh development French utility Engie has signed a partnership with Google Cloud for the development of an Artificial Intelligence (AI) based energy solution to optimize the value of wind portfolio of Engie on the short term power markets. As per the official statement, Engie and Google Cloud’s AI Services and Industry Solutions (AIIS) […]

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Renewable Power Capital buys 528 MW wind farms for €800 million

UK based Renewable energy player Renewable Power Capital (RPC) has announced that it has acquired a cluster of wind energy projects with a combined capacity of 528-MW located in the Kramfors and Solleftea municipalities of Sweden for a value of  €800 million. This  includes the acquisition of the projects and the commitment of the capital required […]

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Siemens Gamesa, Greenalia To Install 3 Wind Farms of 110 MW in Spain

Global renewable energy player Siemens Gamesa and independent power producer Greenalia have announced that they will install a hat-trick of wind farms in the province of A Coruna in Spain. The total capacity of the project will be 110 MW. According to the official statement by Siemens Gamesa, the three wind farms will be equipped […]

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KSEB Moves Kerala Regulator To Shift From Net To Gross Metering For Solar Prosumers

The Kerala State Electricity Board (KSEB) has moved the Kerala State Electricity Regulatory Commission to approve of amendment to the rules of metering and billing against the consumers not only generating solar and wind power more than 500 kilowatts a month but also receiving the supply of power from KSEB. In doing so, KSEB would […]

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Morocco Shows Africa A Renewable Pathway Away From Fossil Fuels

Morocco is showing the African continent a Renewable Energy pathway out of fossil fuel. Among the countries giving Morocco a good company are Egypt and South Africa, according to TAQA Net, a platform specialized in energy markets. Africa’s trailblazing growth in socio-economic sector has led several countries to further develop solar energy projects, especially at […]

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