SUBSCRIBE NEWS LETTER

Electricity Market

The Solar Rush in the Middle East Picks Pace

Back in 2013, when the Mohammed bin Rashid Al Maktoum Solar Park, was launched near Dubai with 13 megawatts of capacity, like in most projects in the region, the ambitions were grand. In 15 years, it was expected  to expand to 3,000 MW, with a target to supply the  Dubai Electricity and Water Authority (DEWA) […]

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Power Plant Tenders Down 28 percent in Q4 2019, Indian Firms Ahead of Rest

Power plant tenders in the fourth quarter of 2019 saw 291 tenders announced, marking a drop of 28 percent over the last four-quarter average of 404 Power plant tenders in the fourth quarter of 2019 saw 291 tenders announced, marking a drop of 28 percent over the last four-quarter average of 404, according to GlobalData’s […]

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KERC favours BESCOM in Tariff Dispute With Emmvee Solar

In an order that was published yesterday, the Karnataka Electricity Regulatory Commission  has ruled to dismiss a petition by Emmvee Solar Systems, against BESCOM (Bangaloire Electricity Supply Company Limited). The key issue was Emmvee Solar’s contention that by denying it a tariff of Rs  9.56 as per the PPA it signed with BESCOM on 27.02.2016, […]

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Altus Power Raises USD 850 Million to Expand Solar Portfolio

Altus Power has announced that Blackstone has led a recapitalisation with USD 850 million to refinance the existing capital structure and fund future development Altus Power America, a market-leading solar power company that provides clean electricity to commercial, industrial and municipal clients across the US, has announced that Blackstone, through its GSO Capital Partners LP and Blackstone Insurance Solutions groups, has […]

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NEC Energy to Provide 100 MW Storage Projects in Northern Ireland

NEC Energy Solutions has announced that it will provide 100 MW of energy storage in Northern Ireland for the Gore Street Energy Storage Fund (GSF). NEC Energy Solutions has announced that it will provide 100 MW of energy storage in Northern Ireland for the Gore Street Energy Storage Fund (GSF) and project developer Low Carbon. […]

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IEA Launches its First in-Depth Review of India’s Energy Policies

The International Energy Agency (IEA) in partnership with NITI Aayog has recently released its first in-depth review of India’s energy policies. The International Energy Agency (IEA) has, in partnership with NITI Aayog, recently released its first in-depth review of India’s energy policies. The report highlights the achievements of India’s energy policies and provides recommendations to […]

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Technique Solaire Commission Second Solar Project in India

Technique Solaire has successfully commissioned its second project in India. The solar plant, with a total output of 27 MWp is spread over 40 hectares. French solar solutions provider, Technique Solaire has announced that it has successfully commissioned its second project in India, in Maharashtra. Built on the territory of the villages of Ratnapur and […]

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ACWA Power to Build 240 MW Wind Project in Azerbaijan

ACWA Power has signed an implementation agreement with the Ministry of Energy of Azerbaijan for building and operating a 240 MW wind power project in the country. ACWA Power has announced that it has signed an implementation agreement with the Ministry of Energy of Azerbaijan for developing, building and operating a 240 MW wind power […]

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MERC Approves Tariff of Rs 2.90/kWh Discovered in 500 MW Solar Tender

MERC has approved the tariff discovered by the MSEDCL for the procurement of 500 MW power from solar projects for meeting its Solar RPO. The Maharashtra Electricity Regulatory Commission (MERC) in its latest order has approved the tariff discovered by the Maharashtra State Electricity Distribution Company (MSEDCL) for the long term procurement of 500 MW […]

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