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Equinor Sells 25% Stake German Offshore Wind Farm for €500 mn

Equinor has sold a 25 percent ownership interest in the Arkona offshore wind farm to Credit Suisse Energy Infrastructure Partners for EUR 500 million. Norwegian multinational energy company Equinor has announced that it has entered into an agreement for the sale of 25 percent ownership (94-95 MW) interest in the Arkona offshore wind farm off […]

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Carnegie Mellon University Signs Multiyear RE Agreements With Engie

Carnegie Mellon University and Engie have agreed on multiyear energy agreements in which the university will purchase energy from a wind farm, and secure RECs Carnegie Mellon University (CMU) and Engie Resources, the North American subsidiary of French multinational electric utility Engie have announced a series of multiyear energy agreements through 2024 in which the […]

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Gujarat Rooftop Solar Scheme Targeting 2 Lakh Households in First Year

Gujarat energy minister Saurabh Patel has said that the state government’s rooftop solar panel scheme aims to cover two lakh households by March 31 next year. Under the scheme, people can install solar panels for electricity generation on the roof of their houses, and if there is surplus electricity, they can sell it to the power grid. […]

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Will Rooftop Solar Rescue India’s Faltering Solar Target – Plus: 5 States Where The Numbers Will Matter

Zero. That’s the number of fresh utility scale solar and wind projects commissioned in August 2019 through Solar Energy Corporation of India (SECI), India’s premier agency for executing them. While the corporation is not seeing a zero month for the first time, the fact remains that in 2016-17, when momentum was picking up sharply, not […]

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Delhi can Become EV Capital of India With More Capital: Report

Delhi will need to deploy electric passenger vehicles, EV for last-mile connectivity and several public charging stations in the next year to realise its dream of clean, green and people-centric mobility solutions. To realise its dream to have clean, green and people-centric mobility solutions, Delhi may need to deploy nearly 35,000 electric and accessible passenger vehicles, at […]

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Telangana to Tender for 1000 MW Solar Power in Next 2 Months

As part of its target to achieve 5000 MW solar power, the Telangana government will soon float tenders to produce 1000 MW of solar energy As part of its target to achieve 5000 MW solar power, the Telangana government will float tenders in the next two months to produce 1000 MW of solar energy, a […]

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ADB Approves $350 mn Loan to Reform the Energy Sector in Pakistan

ADB has decided to shortly approve a loan worth USD 350 million for reforms and financial sustainability programmes in the Pakistan energy sector. The Asian Development Bank (ADB) has decided to shortly approve a loan worth USD 350 million for reforms and financial sustainability programmes that aims to address fiscal, governance, technical and policy deficits […]

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MNRE Postpones its Flagship Event ‘RE-Invest’ Indefinitely

MNRE postpones the 3rd Global RE-Invest Meet, which was to be inaugurated by Narendra Modi on October 30. The Ministry of New and Renewable Energy (MNRE) has announced via a notification that it has postponed the 3rd Global Renewable Energy Investors’ (RE-Invest) Meet, which was to be inaugurated by Prime Minister Narendra Modi on October […]

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Ørsted’s Taiwanese Offshore Wind Farm Generates First Power

Ørsted has announced that the second phase of Formosa 1, Taiwan’s soon-to-be first commercial-scale offshore wind farm, produced first power. Danish wind energy major and the leading offshore wind energy firm in the world, Ørsted has announced that on September 5, 2019, the company’s second phase of Formosa 1, Taiwan’s soon-to-be first commercial-scale offshore wind […]

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