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Electricity Market

Kenya Launches $47 Mn Off-Grid Solar Access Project

Kenya has launched a $47 million facility under the Off-Grid Solar Access Project aimed at the private sector to provide solar and clean cooking solutions The government of Kenya has launched a $47 million (KSh 4.7 billion) facility under the Kenya-Off-Grid Solar Access Project (KOSAP) aimed at spurring the private sector to provide viable solar […]

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The Auto Industry Plays the Job card To Get A Greater Say in EV Roadmap

India’s Auto Industry, stuck in a what seems to be a global slowdown for sales and growth in passenger vehicles, has fallen back on the risk of massive job losses and worse to push for a greater say in the government’s EV policy. At a time when the industry seems ill-equipped to adapt fast enough […]

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Recurrent Energy Signs Solar PPA Worth 310 MWp with Anheuser-Busch

Recurrent Energy has signed a 15-year PPA with Anheuser-Busch for 310 MWp/222 MWac of electricity from its Maplewood solar project in Texas. Recurrent Energy, a wholly-owned subsidiary of Canadian Solar, has announced the signing of a 15-year Power Purchase Agreement (PPA) with Anheuser-Busch for 310 MWp/222 MWac of electricity from its Maplewood solar project in […]

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ESB Issues €500 Mn Green Bond For Financing Clean Energy Projects

ESB, a leading Irish diversified and vertically integrated utility, has successfully placed a €500 million 1.125% fixed-rate green bond Electricity Supply Board (ESB), a leading Irish diversified and vertically integrated utility, has successfully placed a €500 million 1.125% fixed-rate green bond maturing in June 2030. The bond is the first ever Irish corporate public green […]

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Waaree Commissions 49.5 MW Solar Project in Vietnam

Waaree Energies, one of India’s leading solar PV manufacturers, has announced the commissioning and inauguration of its 49.5 MW ground-mounted solar project in Vietnam. The project, in association with Song Giang Solar Power JSC, marks the company’s footprint in South East Asia. Developed in the Khanh Hoa province, the plant is expected to generate more […]

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India Now the Lowest Cost Producer of Solar Power

A new report by IRENA has revealed that India now holds the tag of the lowest cost producer of solar power in the world. The International Renewable Energy Agency’s (IRENA) latest report, ‘Renewable Power Generation Costs in 2018’ highlights the latest trends for each of the main renewable power technologies. And draws on the latest […]

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Cost of Renewable Power Dropped to a Record Low in 2018: Report

The Renewable energy Sources like solar, onshore Wind costs will see a further slide next year consistently cheaper than any other fossil fuel source says the newest IRENA report. Boosting the business case for Renewables in the world, costs of renewable sources like onshore wind and solar photovoltaic (PV) technologies will in the next year […]

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Andhra Pradesh’s New CM Elect is Sold on Renewables, with Conditions

In an Interview to India Today, YS Jaganmohan Reddy, who will be sworn in as the state’s next Chief Minister on May 30, expressed the hope that his regime will be able to use solar in a big way. In a wide ranging interview where he spoke about a host of issues, the incoming CM’s […]

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Foray into RE and EV Segments Yields 50% Jump in Net Profits For BHEL

The company posted a 50.7 percent jump in net profits for the year ending March 31, 2019. The largest power equipment manufacturer in the country, state-owned Bharat Heavy Electrical Ltd. (BHEL) recently released its financial results for the financial year 2018-19. The company posted a 50.7 percent jump in net profits for the year ending […]

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