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Electricity Market

Kahramaa Closes Financing for World’s 2nd Cheapest Solar Power Project

Kahramaa has announced the successful financial closure for the Siraj-1 solar power plant project, the first of its kind project in Qatar Qatar General Electricity and Water Corporation (Kahramaa) has announced the successful financial closure and completion of all needed financial arrangements with its international financiers for the Siraj-1 solar power plant project, the first […]

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Soon 20% of all C&I Solar Systems in India Will be Grid-Tied: Report

Increasing electricity demand and rising grid tariffs for commercial and industrial (C&I) customers are driving business users to rooftop solar, which is not only cleaner and cheaper but also gives them tariff certainty for 25 years. In ‘Powering up Sunshine – Untapped Opportunities in India’s Rooftop Solar Market’, a new report from JMK Research & Analytics […]

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Hexagon Peak and Inpos to Build Largest Rooftop Solar System in Vietnam

Hexagon Peak has entered into a PPA with NWIT for the largest rooftop solar system in Vietnam with a nominal power output of 6 MWp to be built by Inpos. Hexagon Peak, the project development arm of Hexagon Holdings Singapore, has announced that the company has entered into a long term Power Purchase Agreement (PPA) […]

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Britishvolt and Welsh Govt Sign MoU for 30 GWh Battery Manufacturing Plant

Manufacturer Britishvolt has signed an MOU with the Welsh Government to develop a commercially viable 30 GWh battery manufacturing plant in South Wales. Manufacturer Britishvolt has announced that it has signed a memorandum of understanding (MOU) with the Welsh Government as both parties work together on plans to develop a commercially viable 30 GWh battery […]

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Brookfield Renewable Announces 1200 MW Solar Project in Brazil

Brookfield Renewable Partners has entered into a binding agreement to acquire a 1200 MW advanced solar development project in Brazil Brookfield Renewable Partners, alongside its institutional partners, has announced that it has entered into a binding agreement to acquire a 1200 MW advanced solar development project in Brazil, which will be targeted for completion in […]

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One Sun, One World, One Grid Brings Opportunities and Challenges: IEEFA

Indian Prime Minister Narendra Modi floated the idea of cross-border solar connectivity in October 2019. It was taken up by the Ministry of New and Renewable Energy (MNRE) and India is now pursuing a new vision of ‘One Sun One World One Grid’ (OSOWOG). It looks ambitious, but if structured well could change the way […]

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LAUNCHING- Solis 255K “More Than BIG” on 22nd July 2020

2020 is the year when the photovoltaic industry moves from subsidy to parity, and also the year of great technological change! Since the beginning the year, at least 7 companies have released new PV modules, with the power moving from 500W to 600W+! At the same time the renewable industry in India is witnessing aggressive […]

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Siemens Gamesa Scores Double Order for 165 MW in Vietnam

Siemens Gamesa has scored a double order, worth a combined 165 MW, including one for the largest nearshore wind farm in Vietnam Siemens Gamesa has scored a double order, including one for the largest nearshore wind farm in Vietnam, as the country quickly advances on its renewable ambitions. The two deals, with 75 MW and […]

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$151 Bn for Fossil Fuels, Only $89 Bn for RE in COVID-19 Recovery Packages

A new report shows that total commitments for fossil fuels reached USD 151 billion from G20 governments, and only USD 89 billion for clean energy. A new report shows that during the global pandemic, total commitments in support of fossil fuels reached at least USD 151 billion from G20 governments. Of which, only 20 percent made financial support […]

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