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Electricity Market

Canadian Solar Inks 2 PPAs for 274 MW PV Projects in Brazil

Canadian Solar, a leading solar photovoltaic (PV) module manufacturer, has recently entered into two private power purchase agreements (PPA) with Braskem S.A. and COPEL Energia for an aggregate 274 MW of capacity of solar power projects in Brazil. Braskem is a Brazilian petrochemical company and is the largest producer of thermoplastic resins in the Americas. It […]

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New South Wales Pilot REZ Gets Proposals Worth 27 GW

The government of New South Wales has received proposals for 27 GW of wind, solar and battery storage projects for its pilot 3 GW REZ in the state. The government of New South Wales has revealed that the plan to create a 3-GW renewable energy zone (REZ) in the state has been met with phenomenal […]

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Siemens Gamesa Bags 1.4 GW Offshore Wind Project Order for its 14 MW Platform

Siemens Gamesa has conditionally received an order for 100 units of its new SG 14-222 DD offshore wind turbines for innogy’s 1.4 GW Sofia Offshore Wind Farm Siemens Gamesa Renewable Energy has conditionally received an order for 100 units of its new SG 14-222 DD offshore wind turbines for innogy’s 1.4 GW Sofia Offshore Wind […]

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Hindustan Zinc Looking to Offload Wind Energy Assets

Hindustan Zinc, the Udaipur-based subsidiary of the Vedanta Group is looking to offload its wind energy assets worth 273 MW, nearly Rs 1500 crore. Hindustan Zinc, the Udaipur-based subsidiary of the Vedanta Group is reportedly looking to offload its wind energy assets worth 273 MW, nearly Rs 1500 crore. The assets, as per industry experts […]

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Japan’s JERA and France’s ADEME, IDEOL Team Up to Form 2 GW Floating Wind Farm JV

Japan’s largest utility company JERA said that it has agreed with French state-owned investment firm ADEME Investissement and Ideol, France’s leading floating offshore wind technology company, on the key terms for establishing an investment vehicle to develop a floating offshore wind farm. Through this joint venture, the three companies aim to establish an investment vehicle […]

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JinkoSolar Bags 1st Project in Latin America for its Bifacial Modules

JinkoSolar Holding Co Ltd, a leading solar photovoltaic (PV) module manufacturer, on Monday reported that it has secured the first project in Latin America to supply its bifacial modules containing transparent backsheets. As per the deal, the company will supply 60.9 MW of solar PV modules for the first industrial hybrid plant, comprising solar and wind energy, […]

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Azelio, CITRUS Ink MoU for Energy Storage Supply to C&I Customers in Mexico, America

Swedish company Azelio has entered into a Memorandum of Understanding (MoU) with Mexican, CITRUS JMK S.A DE C.V (CITRUS) to assess energy storage for agricultural, mining, food and beverage, tourism and the oil & gas industry in Mexico, North and Central America. Commenting on the partnership, Jonas Eklind, CEO of Azelio, said that “CITRUS is […]

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Renewable Energy Certificate Sales in May Slip Over 55% to 3.33 Lakh

The sale of renewable energy certificates (RECs) during the month of May 2020, has dropped significantly by more than 55 per cent to 3.33 lakh units. As per the official data, 7.5 lakh of renewable energy certificates were sold in the same month a year ago. REC is a type of market-based instrument, and after generation of 1 […]

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JA Solar to Supply Mono PERC Modules for Japan’s Largest Single PV project

JA Solar, a leading solar cell and solar modules manufacturer, has on Monday said that it has won the order to supply its Mono PERC MBB modules for Japan’s largest single photovoltaic (PV) project. Further, the said solar power plant will be having a capacity of 110 MW and located in Kansai, Japan. The company had […]

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