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As per the deal, the energy will be supplied to Tata Power – D under a long-term PPA for 25 years from the scheduled commercial operation date. Renewable arm of utility giant Tata Power, Tata Power Renewable Energy Ltd (TPREL) has got a Letter of Award (LoA) from Tata Power – Distribution (Tata Power – […]
Moreover, the Athos I project is likely to kick start construction in June 2020 and Athos II in October 2020. Utility-scale renewable energy developer Intersect Power has signed a long-term power purchase agreement (PPA) with Direct Energy Business for Intersect Power’s 250 MW (MWAC) solar project. Direct Energy Business is a part of Direct Energy, one of North America’s largest […]
News yesterday that cranberry farmers in Massachusetts, US, are trying out solar installations on their farms to get some extra income has put the focus back on one of the biggest critiques of solar power. That there simply isn’t enough land that meets the requirements of sunlight, proximity to the transmission grid, and a ready […]
In the latest auction for 960 MW of inter-state transmission system (ISTS-VI) connected solar projects, SECI has declared ReNew Power (300 MW) at Rs 2.71 /kWh, Avaada Energy (300 MW) at Rs 2.71 /kWh, Masaya Solar Energy (UPC Renewables) (300 MW) at Rs 2.71/kWh, and Tata Power (60 MW) at Rs 2.72 /kWh as winners. For […]
ABB is to acquire a majority stake of 67 percent in Shanghai Chargedot New Energy Technology, a leading Chinese e-mobility solution provider. ABB is to acquire a majority stake of 67 percent in Shanghai Chargedot New Energy Technology Co., Ltd. (Chargedot), a leading Chinese e-mobility solution provider. The transaction is expected to be completed in […]
Non-residential storage system costs will fall by 27% in the US by 2024 and that this will help drive a tenfold growth in the market in that period New research has revealed that non-residential storage system costs will fall by 27 percent in the US over the next five years and that this fall in […]
With an aim to provide much needed support to boost manufacturing sector in the country and to make them more competitive in the global market, Finance Minister Nirmala Sitharaman,in September, announced a significant reduction in corporate tax rate from 30 percent to 22 percent and for new manufacturing companies to 15 percent. Here are some […]
DTC has tendered for the selection of bus operators for the procurement and operation of 300 electric buses under the FAME-II Scheme. The Delhi Transport Corporation (DTC) has floated a tender, inviting bids from eligible bidders for the selection of bus operators for the procurement and operation of 300 air-conditioned electric buses on PPP (BOOT) […]
RWE Renewables has acquired a pipeline of up to 4 offshore wind projects in Poland with a total generation capacity of more than 1.5 GW RWE Renewables has announced that the firm has acquired a pipeline of up to 4 offshore wind projects in Poland as part of its ambitions to enter the Polish offshore […]
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