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Scatec Solar Posts Strong Financial Results for Q3 2019

Scatec Solar delivered solid results in the Q3 of 2019 with proportionate revenues of USD 166.14 mn and EBITDA of USD 47.2 mn, a 68 percent increase YoY. Scatec Solar has announced that the company delivered solid results in the third quarter (Q3) of 2019 with proportionate revenues of NOK 1,522 million (1,259) (USD 166.14 […]

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Airtel Forays in to Renewables With 26% Acquisition of AMPSolar SPV

Bharti Airtel has signed a pact with AMPSolar Evolution to acquire a 26 percent stake in the solar energy solutions provider for a total of Rs 8.4 crore. Marking its debut in the renewables sector, Bharti Airtel has announced that it has signed a pact with AMPSolar Evolution to acquire a 26 percent stake in the solar energy solutions provider […]

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CERC Brings Relief on Safeguard Duty for ACME Solar and Arisun

CERC has provided compensatory relief for ACME and Arisun after accepting their plea to consider the imposition of the safeguard duty as “Change in Law”. The Central Electricity Regulatory Commission (CERC) has in its latest order, provided compensatory relief for ACME Jaipur Solar and Arisun Clean Energy after accepting their plea to consider the imposition […]

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Wells Fargo Enters its Largest Solar Energy Deal

Wells Fargo has announced a 10-year structured renewable energy agreement for procuring nearly 62,000 MWh of solar energy annually to power its Texas operations. Wells Fargo has announced a 10-year structured renewable energy agreement with Reliant, an NRG Energy company, for procuring nearly 62,000 Megawatt-Hours of solar energy annually to power a bulk of its […]

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Global Solar PV Capacity Expected to Exceed 1,500 GW by 2030

The global solar PV capacity is estimated to increase significantly from 593.9 GW in 2019 to 1,582.9 GW in 2030, a new report has revealed. Global solar photovoltaic (PV) capacity is estimated to increase significantly from 593.9 gigawatts (GW) in 2019 to 1,582.9 GW in 2030 following significant capacity additions by China, India, Germany, the […]

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Germany’s Biggest Solar Park at 180 MW Approved by EnBW

EnBW has taken anFID to build what will be Germany’s biggest solar park at 180 MW capacity. German electric utilities company EnBW (Energie Baden-Württemberg), has taken a final investment decision (FID) to build what will be Germany’s biggest solar park when fully constructed. The solar park will have an installed output of more than 180 […]

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Pattern Energy Completes Largest Single-Phase Wind Project in Canada

Pattern Energy has announced the completion of the 300 MW Henvey Inlet Wind power facility in Canada. Pattern Energy and Nigig Power Corporation have announced the completion of the 300-megawatt (MW) Henvey Inlet Wind power facility in Ontario, Canada. Pattern Development and Nigig Power Corporation, a wholly-owned subsidiary of Henvey Inlet First Nation, are joint venture […]

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Enel Commissions Largest Wind Energy Facility in Greece

Enel Green Power Hellas has commissioned the Kafireas wind farm complex, the largest of its kind in Greece with an overall capacity of more than 154 MW. Enel, through its Greek renewables subsidiary Enel Green Power Hellas (EGPH), has connected to the grid its new Kafireas wind farm complex, which is the largest of its […]

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Uttarakhand Discom to Carry Forward Surplus Non-Solar RPO to Meet Solar RPO Deficit

UERC has allowed UPCL to carry forward its surplus non-solar RPO from FY 2018-19 to meet its deficit of non-solar and solar RPO in the present fiscal. The Uttarakhand Electricity Regulatory Commission (UERC) has in its latest order approved the petition filed by the Uttarakhand Power Corporation Limited (UPCL) to carry forward its surplus non-solar […]

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