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GE Renewable Energy

L&G NTR Acquire Three Solar Power Projects Of 115 MWp In Spain

The L&G NTR Clean Power Fund has announced that it has acquired three Spanish pre-operational solar power projects from BayWa r.e. L&G NTR Clean Power Fund is managed by Legal & General Investment Management and NTR which again is a renewable energy specialist. The three solar power projects, two of which are located in Castilla […]

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Delhi Solar Policy 2022- A Model For All MegaCities?

The draft Delhi State Solar Policy is finally out for public comments, with a deadline of February 3 for responses. At the outset, the policy sets some ambitious goals for itself.  A total of 6000 MW of installed solar capacity which shall include 750 MW of rooftop solar within the State and 5250 MW of […]

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IEX December Power Trading Update

India’s premier energy exchange, The Indian Energy Exchange, has achieved 8452 MU total volume in December 2022, including Green Power trade of 377 MU, and 4.87 lac RECs (equivalent to 487 MU). The total electricity volume on the Exchange in December ’22 was 7964 MU, an increase of 8% on MoM and 4% on YoY […]

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China Starts Construction Of 16 GW Solar-Wind-Coal Power Complex

With the largest installed solar capacity worldwide at over 350 GW, China has started to build a massive 16 GW, $11 billion energy project that will host solar, wind and coal energy projects within the complex. As per reports work has started on building the 1 GW solar power project in the Kubuqi Desert that […]

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NTPC Delivers 295.4 Billion Units , Growth Of 11.6% During Apr-Dec 2022

National Thermal Power Corporation, India’s largest power generating company, has announced that it has recorded a generation of 295.4 billion units of power during April to December period of 2022. NTPC held that through this it has registered a growth of 11.6 per cent compared to the same period of the previous year (2021). NTPC […]

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African Development Bank to Fund 100 MW Tunisian Solar Project

The African Development Bank is playing a critical role in the development of renewable sources of energy in Africa to ensure that the resource-starved region can have access to power while sustaining the natural environment. In a recent development, the African Development Bank Group has approved a $27 million and €10 million loan package to […]

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Canada’s Boralex Acquires 50% Stake in Five Wind Farms of 894 MW in US

In a major development, EDF Renewables North America has announced that the company has completed the transaction with Boralex Inc. by which Boralex has acquired EDF Renewables’ 50-percent ownership interests in five wind power projects totaling 447 MW in Texas and New Mexico. This has taken the renewable energy portfolio of the purchaser to further […]

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Sila: Leading Clean Transition With Silicon Anode-Lithium-ion Batteries

In our continuing series on battery tech and other firms to watch in the energy space, today we place the spotlight on Sila. Sila is a battery tech company co-founded by a former Tesla engineer Gene Berdichevsky, also the CEO of Sila, Gleb Yushin, a Professor of Materials Science at Georgia Institute of Technology and […]

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Bihar (BERC) Gives Green Signal to 600 MW Solar Purchases From SECI

The Bihar Electricity Regulatory Commission (BERC) has given nod to procurement of 600 MW of solar power from Solar Energy Corporation of India (SECI) in Tranche-VIII by the distribution companies (DISCOMS). BERC has allowed the procurement at a tariff of Rs 2.50/kWh. The trading margin has been kept by the regulator at Rs 0.07 for […]

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