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CCEA approves proposal for setting up 12,000 MW grid-connected Solar Photovoltaic (PV) Power Projects

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister, Shri Narendra Modi, has approved the Ministry of New & Renewable Energy’s proposal for implementation of the Central Public Sector Undertaking (CPSU) Scheme Phase-llfor setting up 12,000 MW grid-connected Solar Photovoltaic (PV) Power Projects, by the Government Producers with Viability Gap Funding (VGF) support […]

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DEWA and Siemens Begin Development of Solar-Powered Hydrogen Project

The facility is being built at DEWA’s outdoor testing facilities in the R&D Centre at the Mohammed bin Rashid Al Maktoum Solar Park in Dubai. The Dubai Electricity and Water Authority (DEWA), Expo 2020 Dubai and Siemens have begun work on what is soon to become the first solar-powered hydrogen electrolysis facility in the Middle […]

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Malaysian 49MW Solar Power Plant Connected to the Grid

The 49MW solar power plant fully adopts Huawei FusionSolar Smart PV Solution, including smart PV string inverter SUN2000-42KTL and advanced technologies like Power Line Communication (PLC), etc. Sinar Kamiri Sdn Bhd (Sinar Kamiri), an indirect wholly-owned subsidiary of Mudajaya Group Berhad (Mudajaya) signed the PPA with Tenaga Nasional Berhad (TNB) to develop and operate the […]

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Renewable Energy Industry Reactions on Interim Budget 2019

The industry was expecting a policy direction from the government to promote manufacturing, especially in the renewable energy sector in the background of the jobs crisis, which India faces. Surprisingly, this was completely missing from the budget, says Amit Gupta, Vikram Solar. India’s renewable energy industry was expecting lot of things from the present Modi […]

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GE Expands Renewable Energy Portfolio

The proposed moves will enable GE Renewable Energy to drive more local and integrated solutions, simplify its structure, and improve performance. GE has announced that it intends to intensify its focus on the growing renewable energy market by consolidating all of the company’s renewable and grid assets into a single, simplified Renewable Energy business. GE […]

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European Companies Set Record For Wind Power Deals

European companies bought a record amount of wind power last year, as businesses looked for greener ways to drive their machinery and data centres. As wind power becomes competitive on price with conventional energy in many countries, big companies have rushed to secure renewable energy to manage costs and reduce their carbon emissions, while boosting their image with […]

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AfDB Approves $25 Mn Fund For Renewable Energy Projects in Africa

The Fund’s strategy is to prioritize projects with a clear timeline to financial close, with emphasis on de-risking early stage greenfield projects. The African Development Bank Group (AfDB) has approved an equity investment of up to $25 million in ARCH Africa Renewable Power Fund (ARPF), a US$ 250 million private equity fund for renewable energy […]

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Farmers Granted Option to Pick Solar-Powered Tube-Wells

75 percent cost of the solar connection will be borne by the state government in the form of subsidy. The Dakshin Haryana Bijli Vitran Nigam (DHBVN) has rolled out the facility of solar-powered tube wells for farmers across the state. At a price point which will be nearly 40 percent less than the conventional systems […]

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SECI and HPPC Sign PSA for 590 MW of Wind Power

SECI announces an agreement with HPPC for sourcing 590 MW of wind power. The Haryana Power Purchase Centre (HPPC) has announced the signing of a Power Sale Agreement (PSA) with the Solar Energy Corporation of India (SECI) for procuring 590 MW of wind energy. The country’s nodal agency for renewables announced via a tweet. PSA […]

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