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Vestas Partners with Max Bögl for World’s Tallest Onshore Tower for Wind Turbines

Danish manufacturer of wind turbines, Vestas has joined hands with Max Bögl- a German multinational major construction company- to establish a tower solution with a record-breaking hub height for 7 MW onshore wind turbines. The said solution is offered for the Vestas V172-7.2MW flagship turbine which boasts of a hub height of 199 metres. This […]

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Energy Consultancy ABL Group to Assess 2 GW RE in South Africa

ABL Group- an energy and marine consultancy – has said that it been contracted by various developers to provide energy yield assessment for more than 2 GW of potential solar and wind power plants in South Africa. ABL said that about 1.5 GW of the energy yield assessment work is related to nine potential solar […]

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Mercedes-Benz to Build 100 MW Wind Farm In Germany

Global auto conglomerate Mercedes-Benz has said that it will build a wind farm at its test track in Papenburg, Germany. The auto-maker held that the output of the wind farm will be more than 100 MW which will cover over 15 per cent of the annual electricity demand of Mercedes-Benz Group AG for the German […]

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EnerVenue & Green Energy Renewable In 250 MWh Storage Deal

Green Energy Renewable Solutions and US-based renewable energy provider EnerVenue have established a master supply agreement. According to the agreement, Green Energy will purchase and implement EnerVenue’s storage solution for 250 MWh over the next three years. Houston-based Henrik Jensen and Jens Juul, who jointly own and run Nicon Industries A/S, a prominent producer of […]

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CERC Turns Down PSEPL’s Petition Against NTPC to Refund Liquidity Damages

The Premise of the Order  Power Purchase Agreements dated 04.08.2016 were entered into between the petitioner – Parampujya Solar Energy Private Limited (PSEPL) and the respondent, NTPC. The petitioner is now seeking directions to NTPC Limited to accept the impact of Force Majeure events and extend the Scheduled Commissioning Date of the Project of the […]

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APTEL Permits Adani Green To Claim Carry Costs Based On Change In Law Interpretation

After facing rejections at the Central Electricity Regulatory Commission (CERC) and State Electricity Regulatory Commission’s (SERCs), Adani Green Energy had something to celebrate early this week when the Appellate Tribunal For Electricity (APTEL) permitted their plea for allowing carrying cost pass-through under the “Change in Law” definition of most PPAs. The Tribunal ordered CERC to […]

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Citizens Financial Group to Source 100% Renewable Power from Ørsted

Rhode Islands-based Citizens Financial Group has announced that it has entered into a power purchase agreement (PPA) with Ørsted to support the construction of the Sunflower Wind Project that will match 100% of Citizens’ power consumption across its entire operational footprint with renewable energy credits. Citizens said the Sunflower Wind Project is a 200 MW […]

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What Are Climate Bonds?

According to the United Nations’ Intergovernmental Panel on Climate Change estimates, limiting the global temperature increase to 2 degree Celsius, the goal of the Paris Agreement, will require about $3 trillion of investment every year to 2050. Raising such huge investments is a challenge. To tackle it, governments and corporations are increasingly turning to Climate […]

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GSECL Issues Tender for PMC Services for Setting Up Floating Solar Plant

Gujarat State Electricity Corporation Ltd (GSECL) has invited bids for consultancy service for “rate contract for feasibility study, preparation of DFR/DPR and providing project management consultancy (PMC) services for setting up of the floating solar plant in Gujarat at various locations by GSECL for two years.” The last date for submitting the online bid is […]

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