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Electricity Market

Siemens Gamesa Secures 312 MW Turbine Order in Brazil

Siemens Gamesa has secured its first order in Brazil for its next-generation 5.X platform, to supply 52 of its new turbines for the 312 MW Tucano wind farm. Siemens Gamesa Renewable Energy has announced that it has secured its first order in Brazil for its next-generation platform, the Siemens Gamesa 5.X. Following recent deals to […]

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BayWa Secures Tax Equity Commitment for its 250 MW Wind Project

BayWa r.e. Wind has secured a tax equity commitment from a consortium led by GE Energy Financial Services for its 250 MW Amadeus Wind project in Texas. BayWa r.e. Wind, part of the BayWa Group, has announced that it has secured a tax equity commitment from a consortium led by GE Energy Financial Services for its 250 […]

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Leading RE Firms and Orgs Call Upon EU To Use Corona Funds Well

In an interesting move, even as the European Union launches into a massive stimulus plans to fight the economic disruption caused by the Coronavirus disease Covid-19, calls for making this an opportunity to go ‘green’ have been going stronger. In fact, for many activists, the stimulus is being seen as an opportunity to ram through […]

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Wind Project Installations in India Deflating: GWEC Report

Wind project installations in India are deflating with only 2.4 GW installed in 2019, nearly half of the 4.1 GW installed in 2017, according to a new report Wind project installations in India are deflating with only 2.4 gigawatts (GW) of wind capacity installed in 2019 – nearly half of the 4.1 GW installed in […]

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Siemens Gamesa to Supply Turbines for 113 MW Project in Vietnam

Siemens Gamesa Renewable Energy will supply 25 SG 4.5-145 for one of the largest wind farms in Vietnam, with a total capacity of 113 MW. In an effort to tap its potential and provide more clean energy to the country, Siemens Gamesa Renewable Energy will supply 25 SG 4.5-145 for one of the largest wind […]

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Auctions Designed in Innovative Ways Can Help Achieve Specific Country Goals: Sukhwinder Pal Singh

One of the main trends to procure renewables-based electricity at the lowest price -while fulfilling other objectives- is the use of auctions. Auctions designed in innovative ways can help to achieve specific country goals, beyond solely procuring electricity at the lowest price. These goals might include ensuring greater participation of communities or other new and […]

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Lockdown Sees Power Demand Drop by 20 GW; Spot Power Price Touches 60p

The nationwide lockdown has wiped away the power demand by as much as 20 GW and forced the spot power price of electricity drop to a three-year low of 60p According to data made by available by the Indian Energy Exchange (IEX) the nationwide 21-day lockdown which has seen all factories and businesses shut down […]

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Lithuania Gets its Unique Remote Solar Consumer Model

In-line with the growing demand for faster and more efficient ways to generate renewable energy, Lithuania, a country in the Baltic region of Europe, has launched a remote solar consumer model. This is the unique project, developed by Sun Investment Group, as it gives an opportunity to buy or rent a remote solar panel and […]

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Sterlite Power Advances Biz Strategy Post Selling 3 Assets in Brazil for About $100 Mn

Sterlite Power, which is among the leading global developers in the power transmission space, has achieved major milestone in Brazil by selling three assets i.e. Arcoverde, Novo Estado and Pampa from its portfolio for about USD 100 million (BRL 566 million). Post divestment of these assets, the company, now, has seven projects in different Brazilian regions, […]

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