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Indore Airport Seeks Solar Power To Cut CO2 Emission

Official said they have already implemented most of the necessary measures like installation of energy saving LED lights and a solar power plant for energy efficiency Indore airport, also known as Devi Ahilyabai Holkar Airport, may soon be recognized for its significant progress in managing carbon emissions by a global airport body. Airport authorities plan […]

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Decline In Wind Growth Puts German and EU Renewable Targets at Risk

The growth of onshore wind energy is collapsing in Germany, jeopardizing both the German and EU renewables targets. Germany installed just 134 MW of new onshore wind farms in the first quarter of 2019 – the country’s worst first quarter for onshore installations since 2000. And is likely to install a total of just 1-2 […]

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Second Attempt Yields Lower Tariffs in Gujarat Solar Auction

GUVNL has awarded solar projects worth 500 MW to four developers in the Raghanesda Solar Park after offering 700 MW. The discom received winning bids which were Rs 0.18/kWh less than the cancelled auction held in January. In its second attempt to auction solar projects at the Raghanesda Solar Park in the state, the Gujarat […]

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Vestas Bags 420 MW Order in For Wind Project in US

The project deliveries have been scheduled for the second quarter of 2020, and the wind farm is expected to begin commercial operation in the fourth quarter of 2020. Denmark-based, Vestas has bagged an order in the United States for the development of a 420 MW wind power project. The turbine manufacturer has been selected for supplying […]

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Ørsted Issues Green Bonds to Finance Next Wave of Offshore Wind Projects

The investment strategy will include the investment in the biggest offshore wind farm in the world, the Hornsea 2 in the United Kingdom with a capacity of 1,386 MW.  The largest energy company in Denmark and the world’s largest offshore wind energy developer, Ørsted has successfully issued green bonds. The company announced in a statement […]

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Innergex Closes Construction Financing For its 328 MW Texas Wind Farm

The facility is expected to produce a gross estimated long-term average of 1,230 GWh and will be the largest wind farm project built by Innergex. Canadian renewable energy solutions firm, Innergex Renewable Energy has announced the closing of a construction financing and tax equity commitment for the Foard City wind project located in Foard County, […]

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Himachal Pradesh Issues Draft Amendment Regulations For Deviation Settlement

The Himachal Pradesh Electricity Regulatory Commission (HPERC) has issued draft amendments for its regulations on deviation settlement mechanism. In its notification, the commission noted that the proposed amendments have been introduced to align the state’s regulations with the Central Electricity Regulatory Commission’s (CERC) latest and fifth draft amendments to the principal deviation settlement mechanism regulation […]

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United States Hits 2 Mn Solar Installations, 4 Mn Expected by 2023: Report

The report forecasts that there will be 3 million installations in 2021 and 4 million in 2023, continuing the swift rise of solar. A new report has revealed that the United States has crossed the 2 million solar PV installations landmark. Progressing at an astonishing rate, the second million installations came in a period of […]

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Siemens Gamesa Becomes First Turbine Manufacturer with Investment Grade Rating

The company obtained a BBB- long-term credit rating, with a positive outlook, from Standard & Poor’s (S&P), and a Baa3 outlook stable rating from Moody’s.  Spanish renewable energy major, Siemens Gamesa Renewable Energy (SGRE) recently became the first wind turbine manufacturer to attain an investment grade rating. The company obtained a BBB- long-term credit rating, […]

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