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SECI and Govt of Puducherry Sign PSA For 100 MW Wind Power

SECI announce an agreement with the Electricity Department of Puducherry for sourcing 100 MW of wind power. The Electricity Department of the Government of Puducherry has signed an agreement with the Solar Energy Corporation of India (SECI) to source 100 MW of Wind Power. The new agreement will be slotted under the Union Territorys Renewable []

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Nike Signs First Wind Power PPA in Europe

The global sporting brand now benefits from the supply of over 200 megawatts (MW) of renewable wind power. Nike, the global sporting brand, has signed a Power Purchase Agreement (PPA) with Spains Iberdrola to source 40 MW of wind power from the Cavar wind complex in Navarra, northern Spain to power its facilities in Europe. []

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Arunachal Pradesh Soon to Be Declared 100% Electrified

The PM will lay the foundation stone of Sella Tunnel and its approach road in Tawang district besides the declaration of 100 percent household electrification in the state under the Saubhagya Scheme. Prime Minister Narendra Modi on his visit to Arunachal Pradesh on February 9, 2019, is set to declare the state 100 percent electrified. []

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CCEA Approves Proposal For Setting Up 12 GW Solar Projects 

The Scheme will mandate the use of both solar photovoltaic cells and modules manufactured domestically. The Cabinet Committee on Economic Affairs (CCEA) has approved the Ministry of New & Renewable Energys (MNRE) proposal for implementation of the Central Public Sector Undertaking (CPSU) Scheme Phase-ll for setting up 12,000 MW grid-connected Solar Photovoltaic (PV) Power Projects, []

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Govt. implements various programs/schemes for promotion of grid interactive renewable energy

The Government is already implementing various programs/schemes for promotion of grid interactive renewable energy such as solar, wind, bio-power and small hydro power in the country. The details of major steps taken by the Government to attract investment in the renewable energy sector are as follows: Waiver of Inter State Transmission System (ISTS) charges []

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SoftBank Led SB Energy Leads Bidding on SECI 1200 MW Wind Auction

Bids totalling 2,325-MW capacity were received by SECI in response to the 1200 MW tender. A host of other industry majors including SoftBank led SB Energy have marked their interest in Solar Energy Corporation of Indias (SECI) latest 1200 MW wind power tender. SB Energy has made its first bid for a standalone wind project []

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ADB Invests $20 Mn to Finance RE Projects in Southeast Asia

Proceeds of the bonds will finance renewable energy projects in the Asia and Pacific region, including Vietnam, the Philippines, and Indonesia. The Asian Development Bank (ADB) has invested $20 million in the maiden climate bond issuance of AC Energy, a wholly-owned subsidiary of Ayala Corporation in the Philippines. ADB is an anchor investor in the []

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CERC Issues Order to Optimise ISGS Schedules in India, Reducing Generation Costs

The CERC in its order has stated that the pilot for the SCED will be implemented by POSOCO with effect from April 1, 2019. The Central Electricity Regulatory Commission (CERC), after reviewing proposals made by the Power System Operation Corporation (POSOCO) on Security Constrained Economic Dispatch (SCED) of Inter-State Generating Stations pan India, has issued []

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France Launches First Offshore Wind Power Project

LOC Renewables supplied MWS across the project, which enabled an efficient and successful delivery of the 2MW Floatgen.   LOC Renewables, a part of LOC Group, a leading international marine and engineering consulting firm, has successfully overseen the launch of Frances first offshore wind project. LOC Renewables supplied marine warranty surveying services (MWS) across the []

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