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GE Renewable Energy

EBRD May Extend $ 35.3 mn Loan for 30 MW Solar Park in Kazakhstan

The construction of the PV Park is seen to help offset around 49,000 tons of carbon dioxide (CO2) emissions and lower reliance on power imports and related transmission losses. The European Bank for Reconstruction and Development (EBRD) is thinking to grant a loan of USD 35.3 million for 30 MW solar parks in Kazakhstan. Subsidy […]

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E.ON launches ‘Fix and Drive’ Tariff for EVs

The consumers have to sign up with the company to avail the offer of a fixed unit price for which they will have to undertake free driving miles per year. Germany based leading electric utility service provider, E.ON has launched a rewarding tariff for the electric vehicle (EV) owners. The consumers have to sign up […]

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World Reaches 1TW of Wind and Solar; 2TW by 2023, says BNEF

According to the BNEF estimation, second terawatt of wind and solar will arrive by mid-2023 and cost 46 percent less than the first. The world has attained the landmark figure of 1,000 GW of wind and solar generation capacity installed, as per the Bloomberg New Energy Finance (BNEF) report. According to the BNEF estimation, second […]

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Domestic Solar Power Industry

Solar tariffs in India saw the lowest ever level of Rs.2.44 per unit in reverse auctions carried out by Solar Energy Corporation of India (SECI) in May 2017 for 200 MW and again twice in July, 2018, for 600 MW in each instance.  As per the final findings dated 16th July, 2018, in the investigations […]

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MNRE to Explore Possibility of China Joining Int’l Solar Alliance

International Solar Alliance is a treaty-based organization meant to promote development of solar energy in countries between the Tropic of Cancer and Tropic of Capricorn. The government has asked Ministry of New and Renewable Energy (MNRE) to check with its Chinese counterpart for possibility of its China joining the International Solar Alliance. The move is aimed at […]

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NTPC asserts Additional Tariff for Bid Resubmission for 2GW Project

Pre-qualified developers for NTPC tender show their concern about whether they would be allowed to pass on the incremental tariff because of the safeguard duty to distribution companies. Feeding the impacts of the safeguard duty on imports, state-run National Thermal Power Corporation (NTPC) has asked the pre-qualified bidders of 2GW solar power project to resubmit […]

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Rural Electrification- Another Feather in India’s Cap

After India took over driver’s seat and successfully parks the car of International Solar Alliance (ISA) Summit in March this year, Asia’s third largest economy continued its rollercoaster ride in April too, and once again scripted history by hitting the target of electrifying all villages ahead of the deadline. In 2014, when Narendra Modi chaired […]

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Colbun Kickstarts its First 9MW Solar Plant in Ovejeria

The solar park constituted of photovoltaic solar panels is company’s first solar power facility. The plant comprises 30,000 PV panels, each with watt tracker. Chile based Power Company, Colbun has started the commercial operations of its 9MW solar plant in Ovejeria. Further, the plant is made in 18 hectare land in the Tiltil commune of […]

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CLP India Fends off Aggressive Solar Power Bidding

India’s largest wind power player, CLP India is instead going to zero in on acquisitions of upcoming new energy projects. A wholly-owned subsidiary of Hong Kong based CLP Holdings, CLP India has claimed to stay away from the ongoing aggressive solar bidding. India’s largest wind power player, CLP India is instead going to zero in […]

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