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Western Turbine OEMs Challenged to Gain Market Share in China: WoodMac

Western turbine OEMs are struggling to compete amidst intense turbine pricing competition as China moves towards wind grid parity targets by 2020 Western turbine OEMs are struggling to compete amidst intense turbine pricing competition as China moves towards wind grid parity targets by 2020. It has been reported that in the 6 GW auction for […]

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Lithuania Gets its Unique Remote Solar Consumer Model

In-line with the growing demand for faster and more efficient ways to generate renewable energy, Lithuania, a country in the Baltic region of Europe, has launched a remote solar consumer model. This is the unique project, developed by Sun Investment Group, as it gives an opportunity to buy or rent a remote solar panel and […]

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Rs 22,000 per kW Solar Rooftop in Punjab. Reality Bites

Rs 22,200 per kW. Yes, that was the final rate arrived at after a call for grid-connected solar rooftop bidding from vendors looking to get empaneled with the Punjab State Power Corporation Limited (PSPCL). This was after the  L1 rate of Rs 37,000 received  for 1 kWp – 10 kW category. After the 40 percent […]

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Indonesia Racing Towards 23% Renewable Energy: IEEFA

The electricity system in Indonesia might soon see a glimmer of hope after going more than 3 years without significant growth in renewable energy investment The electricity system in Indonesia might soon see a glimmer of hope after going more than three years without significant growth in renewable energy investment, a new IEEFA report finds. […]

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What India’s Large Storage Tender Means for Its Coal Thermal Sector

Coal, despite its stubborn persistence to the country’s energy needs, might have seen the beginning of the end. The lead indicator? Prices discovered in the largest ever renewable plus storage tender by SECI. In August 2019, SECI, the country’s primary nodal agency for renewable energy auctions and purchases came out with a huge tender. On […]

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EDP Renewables Posts 52% Rise in net Profit to Reach EUR 475 Mn

EDP Renewables has announced its full-year results for 2019, posting total revenues of EUR 1,824 million and Net Profit amounting to EUR 475 million. EDP Renewables (EDPR), a global leader in the renewable energy sector and one of the largest wind energy producers in the world with a presence in 14 countries, has announced its […]

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TN Commission Issues Details for Solar Power Procurement by Discoms

The Tamil Nadu Electricity Regulatory Commission has issued a consultative paper discussing the approach on procurement of solar power by Discoms The Tamil Nadu Electricity Regulatory Commission (TNERC) has issued a consultative paper discussing the approach on procurement of solar power by the Distribution Licensees (Discoms) and on related issues of open access. According to […]

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India’s Solar and Wind Capacity to Reach 135 GW by 2024: BTI

India’s solar and wind generation capacity has been predicted to reach 135 GW by the end of 2024 up from the 77 GW at the end of 2019. According to a new report, India’s solar and wind generation capacity has been predicted to reach 135 gigawatts (GW) by the end of 2024 up from the […]

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CO2 Emissions Fell by 12%, as Wind & Solar Took the Lead in Europe

A new report has revealed that CO2 emissions fell by 12 percent across Europe in 2019, as wind and solar provided more electricity than coal A new report, presenting the latest insights on Europe’s electricity transition has revealed that CO2 emissions fell by 12 percent across Europe in 2019, as wind and solar energy sources […]

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