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Time’s Ripe for Offshore Wind Projects

World Resources Institute Finds Offshore Wind Projects Offer Reduced Emissions and Higher Returns At a time when the globe is turning to renewable energy to mitigate climate change and address increasing power demand, offshore wind energy projects can be a gamechanger. A report by the High-Level Panel for a Sustainable Ocean Economy, World Resources Institute, […]

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Rooftop Solar PV Vendors Empaneled at low rates in Chhattisgarh

State Price Beats MNRE Benchmark Cost In Chhattisgarh, vendors that provide services related to supply and construction of grid-connected rooftop solar PV projects have bid lower than the central benchmark costs in a empanelment tender for construction of rooftop solar PV projects under Phase-II of the Ministry of New and Renewable Energy (MNRE) rooftop program. […]

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AES Invests in 5B; Aims to Accelerate Transition to Solar Energy

The AES Corporation has made a strategic investment of around USD 8.6 million in 5B, a solar technology innovator based in Sydney, Australia. The AES Corporation has announced that it has made a strategic investment of around USD 8.6 million in 5B, a solar technology innovator based in Sydney, Australia. 5B’s revolutionary MAVERICK design enables customers to […]

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Tesla and PG&E Break Ground on 182.5 MW BESS System in California

Tesla and PG&E have announced that construction work has begun on the 182.5 MW lithium-ion BESS at PG&E’s electric substation in Moss Landing, California. Tesla and Pacific Gas and Electric Company (PG&E) have announced that construction work has begun on the 182.5-megawatt (MW) lithium-ion battery energy storage system (BESS) at PG&E’s electric substation in Moss Landing in […]

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EDF Secures PPA for 200 MW Solar Plus 180 MW Storage Projects

EDF has completed the signing of a 22-year PPA with NV Energy for a 200 MWac solar plus 180 MW, four-hour battery storage system in Nevada. EDF Renewables North America has announced that it has completed the signing of a 22-year Power Purchase Agreement (PPA) with NV Energy for a 200 megawatt (MWac) solar PV project coupled with a […]

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Hecate Energy Sells 514 MW Solar Plant to Tokyo Gas America

Hecate Energy has announced the sale of its 514 MW ac Aktina Solar PV power plant located in Wharton County, Texas, to Tokyo Gas America Hecate Energy (Hecate), one of the largest privately-held independent solar power development companies in the US, has announced the sale of its 514 MW ac Aktina Solar PV power plant […]

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NTPC Planning to Raise Rs 1000 Crore via Bonds

NTPC will raise Rs 1000 crore on July 31 through the issuance of bonds on private placement basis for funding capital expenditure, etc NTPC Ltd has announced that it will raise Rs 1000 crore on July 31, 2020, through the issuance of bonds on private placement basis for funding capital expenditure, refinancing existing loans, among […]

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SABIC Chemical Plant in Spain Will be the 1st to Operate on 100% RE

The polycarbonate facility of SABIC in Spain is all set to become the world’s 1st large scale chemical plant to will run entirely on renewable energy The polycarbonate facility of SABIC in Spain is all set to become the world’s first large scale chemical production plant to run entirely (100 percent) on renewable energy after it agreed […]

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ICRA Predicts 120-125 GW RE Capacity in India by December 2022

ICRA believes that the overall medium to long term outlook for the RE sector remains strong – supported by competitive tariffs, policies and schemes According to ICRA, capacity addition in the renewable energy (RE) sector is expected to remain subdued at about 8 GW in FY2021 given the continued execution challenges amid COVID-19, because of […]

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