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EV Sales set to Increase to 34 Million by 2025, Over 121 Million in 2030

A new analysis has predicted that EV sales are set to increase to 34 million in 2025, 121.2 million in 2030, and 636.7 million by 2040 With greater vehicle electrification and the rise of disruptive technologies such as vehicle-to-grid (V2G) and peer-to-peer blockchain trading, utilities are expected to employ smart charging and demand response programs to cope with the growing demand for []

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AC Energy Launches $400 mn Fixed for life Green Bond

AC Energy has successfully set the terms of its senior perpetual fixed-for-life green bond issuance at an aggregate principal amount of USD 400 million Ayala Corporations energy platform, AC Energy has announced that it has successfully set the terms of its inaugural US dollar-denominated senior perpetual fixed-for-life (non-deferrable) green bond issuance at an aggregate principal []

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MERC Approves Rs 2.52/kWh Tariff for Procurement of 500 MW Wind Power

MERC has approved the tariff of Rs 2.52/kWh for the procurement of 500 MW wind power as requested by the MSEDCL in its last petition. The Maharashtra Electricity Regulatory Commission (MERC) has in its latest order approved the tariff of Rs 2.52/kWh for procurement of 500 MW wind power as requested by the Maharashtra State []

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Power, Solar Sector, Discoms in Focus in Parliament. Here Is What Was Said.

The answers by Power Minister R.K. Singh in parliament yesterday, while placing on record the hard figures when it comes to the power sector and renewables, particularly solar power, also underscored the ministers continued confidence in India meeting its renewable energy goals. We take a look at the key takeaways. The Saubhagya scheme, or the []

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Siemens Gamesa Secures 448 MW Scottish Offshore Wind Order

Siemens Gamesa Renewable Energy has received a firm order to supply wind turbines for the 448 MW NnG offshore wind power project in Scotland. Siemens Gamesa Renewable Energy (SGRE) has announced that it has received a firm order to supply wind turbines for the 448 MW Neart na Gaoithe (NnG) offshore wind power project, being []

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Invenergy, EPM Sign Renewable Deal for 400 MW Capacity in Colombia

EPM has signed a strategic agreement with Invenergy to develop and build at least 400 MW of solar and wind projects in Colombia over the next 6 years. Colombian power utility Empresas Publicas de Medellin (EPM) has announced that it has signed a strategic agreement with US-based Invenergy to develop and build at least 400 []

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Total Commissions New Caledonias Largest Solar Plant with Storage

Total Quadran has announced that it has commissioned the Hélio Boulouparis 2, the largest solar power plant with energy storage in overseas France. Total Quadran, a wholly-owned Total subsidiary involved in the production of renewable electricity in France and its overseas territories, has announced that it has commissioned the Hélio Boulouparis 2, the largest solar power plant []

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EDF Begins Construction on 450 MW Offshore Wind Farm

EDF Group has announced that it has begun construction work on the 450 MW NnG offshore wind farm in partnership with the Irish electricity company ESB EDF Group has announced that it has begun construction work on the Scottish Neart na Gaoithe (NnG) offshore wind farm project in partnership with the Irish electricity company ESB []

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Energy Storage Contracts Down 34 Percent in Q3 2019

Energy storage contracts in the third quarter of 2019, saw 23 contracts announced, marking a drop of 34 percent over the last four-quarter average of 35. Energy storage contracts in the third quarter of 2019, saw 23 contracts announced, marking a drop of 34 percent over the last four-quarter average of 35, according to GlobalDatas []

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