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Electricity Market

CERC Extends Validity of RECs till October 31, 2020

Power sector regulator CERC has ordered the extension of validity of Renewable Energy Certificates (RECs) till October 31, 2020. The Central Electricity Regulatory Commission (CERC) in its order stated that the validity of RECs which expired or are likely to expire between April 01, 2020, and September 30, 2020, is extended up to October 31, […]

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SunPower Finds New Way for Solar Promotion amid Covid-19 Crisis

Amid challenging economy due to coronavirus pandemic, Nasdaq listed SunPower has now introduced a new method of solar promotion which offers energy savings and security to US families in immediate need of payment flexibility. California headquartered company has launched a ‘zero down and the first 6 payments covered by Us’ scheme through a VISA Reward Card Rebate*, […]

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BayWa Secures Financing for its 133.6 MW Solar Project

BayWa has secured tax equity and construction financing for its 133.6 MW Fern Solar project in Edgecombe County, North Carolina. Global renewable energy developer, service provider and distributor BayWa r.e. has announced that it has secured tax equity and construction financing for its Fern Solar project in Edgecombe County, North Carolina. RBC Capital Markets syndicated a tax […]

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DSM Signs Largest Renewable Energy PPAs with EDPR, Origis Energy

Dutch multinational active in nutrition, health and sustainable living, Royal DSM has inked its largest renewable energy (RE) Power Purchase Agreements (PPAs) to date with EDPR and Origis Energy in Europe and USA respectively. With the signing of the PPA with EDPR, the company will source renewable power from 1 wind energy and 2 solar […]

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Seraphim’s New 166mm Half-Cut Cell Module Offers Higher Efficiency with Less Cost

China based solar product manufacturer Jiangsu Seraphim Solar System (Seraphim) has unveiled its new high-efficiency 166mm half-cut cell module, which can save over 5 percent of the cost per watt in projects above 1MW against ordinary modules. This is a new generation of photovoltaic (PV) modules combining 166mm-size silicon wafers with multi-busbar (MBB) and half-cut […]

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RWE Renewables Closes Financing for 151 MW Wind Project

RWE Renewables has announced that it has completed the successful tax equity financing of its 151 MW Peyton Creek wind farm in Matagorda County, Texas. RWE Renewables has announced that it has completed the successful tax equity financing of its 151-megawatt (MW) Peyton Creek wind farm in Matagorda County, Texas. A subsidiary of Bank of America provided […]

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150 GW of RE Projects at Risk Due to Coronavirus

In the fast developing situation arising out of the Coronavirus pandemic and its impact on renewables worldwide, we have seen many estimates, and updations to those estimates. The latest one is Wood Mackenzie’s (Woodmac) research that shows up to 150 gigawatts (GW) of wind and solar projects across the Asia Pacific at risk. These projects […]

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Siemens Gamesa Secures 184 MW Wind Turbine Orders in Poland

Siemens Gamesa has continued its winning streak in Poland following the award of 3 projects totaling 184 MW at the last auction round held in December 2019. Siemens Gamesa Renewable Energy has announced that it has continued its winning streak in Poland following the award of three projects totaling 184 MW at the country’s last […]

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Azelio Signs MoU in Chile for Energy Storage Supply to Mining Industry

Azelio has signed an MoU with the Chilean company Industria Mecánica VOGT to assess energy storage projects for the mining industry in Latin America. Azelio has signed a Memorandum of Understanding (MoU) with the Chilean company Industria Mecánica VOGT (VOGT) to assess energy storage projects for the mining industry in Latin America. The MoU frameworks […]

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