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Sterlite Power Advances Biz Strategy Post Selling 3 Assets in Brazil for About $100 Mn

Sterlite Power, which is among the leading global developers in the power transmission space, has achieved major milestone in Brazil by selling three assets i.e. Arcoverde, Novo Estado and Pampa from its portfolio for about USD 100 million (BRL 566 million). Post divestment of these assets, the company, now, has seven projects in different Brazilian regions, […]

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Vestas Secures Full Wind Volume in Danish Auction Round

Vestas has won a 63 MW order to supply, install and commission 16 wind turbines for two projects in central Jutland in Denmark. Vestas has announced that it has won a 63 MW order to supply, install and commission 16 wind turbines for two projects in central Jutland in Denmark. With this order, Vestas has […]

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Flexible Grids key to Meeting Energy Transition Goals in 2020s: WoodMac

In the 2020s, traditional fuel-based generation will shrink as a proportion of the power mix. This will increase the flexibility needs of utility & power markets Over the next decade, traditional fuel-based generation will shrink as a proportion of the power mix. This will increase the flexibility needs of utility and power markets, according to […]

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Govt Planning to Tender 20 GW of Solar Projects by June 2021: RK Singh

RK Singh has said that apart from solar projects (installed or under development) the government is planning to tender for 20 GW solar projects by June 2021 Union Minister for New and Renewable Energy RK Singh has said that as on February 29, 2020, a cumulative grid-connected solar power capacity of 35.07 GW had been […]

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EnBW Begins Construction Work on 187 MW Solar Project

EnBW has begun constructing its “Weesow-Willmersdorf” solar park with an installed output of 187 MW on an area covering 164 hectares in Brandenburg. EnBW (Energie Baden-Württemberg) has announced that it is constructing its “Weesow-Willmersdorf” solar park with an installed output of 187 MW on an area covering 164 hectares. The solar park is located almost […]

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Canadian Solar Secures Financing to Invest in Solar Development in Italy

Canadian Solar has secured a EUR 55 million bilateral Revolving Credit Facility to fund the construction of a 151 MWp of solar PV portfolio in Italy Canadian Solar, one of the world’s largest solar power companies, has announced that it has secured a EUR 55 million bilateral Revolving Credit Facility with Intesa Sanpaolo to fund the construction of a 151 […]

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Uzbekistan Sees High Foreign Interest in its Renewable Energy Push

The Ministry of Energy of Uzbekistan has shared an update on progress towards the aim of generating a quarter of all electricity from renewable energy, by 2030. The Ministry of Energy of Uzbekistan has shared an update on progress towards the country’s ambitious aim of generating a quarter of all electricity from renewable sources, by 2030. “This […]

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Solar Accounted for 40% of new US Electric Generation Capacity in 2019

Solar accounted for 40% of all new electric generating capacity in the US in 2019, its highest share ever and more than any other source, with 13.3 GW installed Solar accounted for 40 percent of all new electric generating capacity in the US in 2019, its highest share ever and more than any other source […]

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IRENA Invites RE Developers to Register Projects on Investment Platform

IRENA is calling for renewable energy project developers to register suitable projects via a purpose-built portal organised around 14 regional clusters. A landmark initiative launched by a coalition of intergovernmental partners during the UN Climate Action Summit in September 2019, has now entered an operational phase. The International Renewable Energy Agency’s (IRENA) contribution to the […]

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