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Lightsource bp Signs Power Contract for 153 MW Solar Project in Texas

Lightsource bp has secured a proxy generation power purchase agreement (pgPPA) with the Capital Solutions unit of Allianz Global Corporate & Specialty (AGCS), in partnership with Nephila Climate. The pgPPA is for electricity generated by Lightsource bp’s 153 megawatt Briar Creek solar farm, located in Navarro County, Texas. A pgPPA is an innovative renewable energy […]

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VSL Awarded Contract for Hybrid Tampen Floating Wind Farm

Kværner has awarded VSL the contract for the post-tensioning works for the 11 floating concrete hulls for wind power turbines of the Hywind Tampen project in Norway. VSL will be responsible for the post-tensioning works of the semi-submersible concrete structures which will require installation of vertical post-tensioning tendons in the hulls with the length up […]

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Electricity Generation From Renewables Increased 6.9 percent in Nov’20: Ind-Ra

India Ratings has detailed that the electricity generation from renewables in November 2020 increased by 6.9 percent yoy to 9.2 BU. In its latest power sector report, India Ratings (Ind-Ra) has detailed that the electricity generation from renewables sources in November 2020 increased by 6.9 percent yoy to 9.2 billion units. The report also highlighted […]

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Vikram Solar Commissions Rooftop Solar Plant at its Manufacturing Facility

Vikram Solar has commissioned a 919.73 kWp rooftop solar plant at its manufacturing facility in Falta, West Bengal. Vikram Solar, a leading module manufacturer and comprehensive EPC solutions and rooftop solar service provider, has announced that it has commissioned a rooftop solar plant at its manufacturing facility in Falta, West Bengal earlier this month. The […]

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Delay in Imposition of BCD on Solar Equipment Impacting Investments: CII

CII has urged the finance ministry to impose the BCD on solar equipment, stressing that the delay in implementation is impacting investments. The Confederation of Indian Industry (CII) in a written memorandum to the Ministry of Finance has urged the ministry to impose the planned basic custom duty (BCD) on solar equipment as announced in the last general budget, stressing […]

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R.K Singh Pushes For Consumer Rights in Power, With Electricity Rules 2020

The Power Sector finally sees a much delayed turn towards becoming more consumer centric, with the promulgation  of a set of rules and obligations under the “Electricity (Rights of Consumers) Rules, 2020” issued today. Announcing the new rules today, R.K.Singh, the Union Minister of State (Independent Charge) for Power and New & Renewable Energy, said, […]

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Drop In Blade Manufacturing Costs Changing Wind Energy Supply Chains- GWEC

The global Wind Energy Council (GWEC) has explained the transformations in the Global Wind Blade Supply Chain Update 2020. According to GWEC Market Intelligence, wind blades are one of the vital and expensive components of a wind turbine, and reduced production costs will improve the supply chain.  Having the right supply chain strategy is crucial […]

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China & India to Lead Revival of Electricity Demand in 2021: IEA

After experiencing its biggest decline in decades, global electricity demand is expected to rebound in 2021, led by growth in China & India After experiencing its biggest decline in decades, global electricity demand is expected to rebound modestly in 2021, led by growth in China, India and other emerging economies, according to a new report […]

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