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Wärtsilä’s Energy Storage Projects in Philippines Achieves Final Commission

Finnish manufacturer and service provider of power sources and other equipment in the marine and energy markets, Wärtsilä Corporation announced the final commissioning of the first two of its multiple energy storage projects in the Philippines. Wärtsilä has had signed many projects with SMC Global Power Holdings Inc. through its subsidiary, Universal Power Solutions Inc., […]

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NHPC’s Tariffs For 2000 GW ISTC Solar Adopted By CERC, But Regulator Not Happy

NHPC’s largest solar tender to date, the 2000 MW ISTS connected tender, which it concluded in July 2020 by allotting LOA’s (Letter of Award) to the 7 final successful bidders, has got tariffs for the projects adopted finally, after a slight delay. But what should have been a standard procedure turned into a slightly embarassing […]

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Ranking Top 10 Solar Tracker Firms Worldwide

A solar tracker is a device deployed along with solar panels, directing the latter towards the sun. Trackers not only maximise the energy capture but also further boost the efficiency of the overall power generation process through minimising the angle of incidence – or the angle that a ray of light makes with a line […]

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Suzlon Wins 252 MW Wind project from CLP India

Suzlon Group, a wind energy major announced yesterday (Tuesday) that it had secured an order for developing a 252-megawatt (MW) wind power project from CLP India. The project is part of the bid won by CLP India in SECI’s VIII tranche of wind projects, some of which have been delayed significantly due to land availability […]

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AER Report Q1 FY21: Solar Eclipses Gas as Electricity Source in Australia

The Australian Energy Regulator (AER) recently published its Quarterly Wholesale Markets Report for the first three months of this year, reporting that large-scale solar generated more electricity than the average amount produced by gas for the first time in Australia. In Q1 FY21, wholesale electricity spot prices were lower than expected, with volume weighted average prices […]

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Sembcorp to Quadruple RE Capacity by 2025 & Deliver Net-zero by 2030

Singapore-headquartered Sembcorp Industries, a leading energy and urban solutions provider, yesterday announced its strategic plan to transform its portfolio from brown to green, including increasing its renewable energy capacity – by almost four times- to 10 GW by 2025 from 2.6 GW in 2020. To support the global energy transition and sustainable development, Sembcorp aims to […]

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Green Firm Vena Energy Bags $500 mn Credit Facility from 8 lenders

Vena Energy announced yesterday that it has signed its first sustainability-linked revolving credit facility of JPY52.8 billion (approximately US$500 million) from eight lenders including BNP Paribas, Crédit Agricole CIB, DBS Bank Ltd, ING Bank, MUFG, Intesa, SMBC and Mizuho. The company is an independent power producer and an integrated pure-renewable energy company in the Asia-Pacific region. […]

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Siemens Gamesa to Supply Largest Wind Farm in the Philippines as Wind Momentum Builds in the Country

Siemens Gamesa has secured a landmark order to supply, install and commission 32 onshore turbines for the largest wind farm in the Philippines to date, marking a resurgence for the wind industry in the country. The 160 MW Balaoi & Caunayan wind project will be developed by Asia’s pioneering renewable energy developers UPC Renewables and […]

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ISA, MNRE & World Bank Conduct Workshop for ‘OSOWOG’

The International Solar Alliance (ISA), the Ministry of New and Renewable Energy (MNRE) of India, and the World Bank organized a two-day strategic initiation workshop on ‘One Sun One World One Grid’ (OSOWOG). All the implementation partners came together and presented their roadmap for OSOWOG in that workshop which has set up the first milestone […]

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