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Siemens and Fluence to Develop 15 MW Storage System on Portuguese Island

Siemens Smart Infrastructure, in partnership with Fluence, was awarded a contract by the Portuguese energy provider EDA – Electricidade dos Açores to build a battery-based energy storage system on Terceira, the second biggest island in terms of electrical consumption of the Azores archipelago in the Atlantic Ocean. The project aims to make the island more […]

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Share of EV Sales in Europe Increased During COVID-19 Impacted Q2

In Q2 2020, the market share of EV increased to 7.2 percent of total car sales in Europe, compared to a 2.4 percent share during the same period last year. In the second quarter (Q2) of 2020, the market share of electric vehicles (EV) increased to 7.2 percent of total car sales in Europe, compared […]

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Sungrow Signs 900 MW Agreement for 1500V Inverter Solution to Dubai

Sungrow has partnered with Shanghai Electric to supply its latest 1500V turnkey inverter solution to the 900 MW 5th phase of the MbRAM Solar Park in Dubai. Sungrow, a leading global inverter solution supplier for renewables, has announced that it has partnered with Shanghai Electric to supply its latest 1500V 6.25 MW turnkey solution to the […]

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The Triple Challenge Dragging Down Solar In India

On August 21, the Central Electricity Authority (CEA), the premier national body tasked with laying down the roadmap to power for all citizens, and the policy interventions to get there, released a report on India’s solar and wind sector. Titled simply as “ Report of Under Construction Renewable Energy Projects”, the bland title laid bare […]

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Cabinet Relaxes Working Capital Limit for Loans to Discoms

The Union Cabinet has approved a one-time relaxation to PFC and REC for extending loans to Discoms above limits of the working capital cap The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved a one-time relaxation to Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) for extending loans […]

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EDPR Sells its 242 MW Wind Portfolio for EUR 426 Mn to Finerge

EDPR has signed an agreement with Finerge to sell its entire stake in a 242 MW operational wind portfolio to the Portuguese firm for EUR 426 million. EDP Renewables, a global leader in the renewable energy sector and one of the largest wind energy producers in the world, has signed a Sale and Purchase Agreement […]

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CERC Issues Draft Amendments for ISTS Connectivity of RE Projects

CERC has issued the draft amendments for its regulations and procedure for granting of connectivity to projects based on RE sources to the ISTS. The Central Electricity Regulatory Commission (CERC) has issued the draft amendments for its regulations and procedure for granting of connectivity to projects based on renewable energy (RE) sources to inter-State transmission […]

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