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Luxembourg’s ArcelorMittal Invests $10 M in RE Tech Company Heliogen

ArcelorMittal S.A., a Luxembourgish multinational steel manufacturing corporation headquartered in Luxembourg City, announced yesterday its initial investment of $10 million in US renewable energy technology company Heliogen, marking the completion of the steel producer’s first XCarb™ innovation fund investment since launching the initiative in March 2021. Heliogen’s technology will harness solar energy by using a field of mirrors […]

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GUVNL Notices Stakeholders About Surplus Energy Compensation at Rs 1.99/unit

Gujarat Ujrja Vikas Nigam Ltd. (GUVNL), a wholly-owned state electricity regulation board in the state of Gujarat has recently declared that the simple average of solar tariffs discovered and contracted through competitive bidding process conducted by GUVNL for non-park based solar projects during the period from October 1st, 2020 to March 31, 2021, is Rs […]

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U.K. Poised to Become Net Energy Exporter to Europe in Near Future

Although the UK currently imports around 7% of its electricity from Europe, the tables are going to be turned soon, partly due to the on-going establishment of new links to the continent. Aiming to quadruple offshore wind capacity this decade, the UK could have excess power to send through those transmission lines. Consequently, the UK […]

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Renewables Produce Record 50.7% of Energy in May in Spain

The Red Eléctrica de España (REE), a partly state-owned and public limited corporation which operates the national electricity grid in Spain, recently reported that renewable energy reached an important milestone last month when, for the first time, more than half of the energy produced in the country was of renewable origin. The data supplied by […]

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Charles River & Duke Energy sign VPPA for 250 MW Solar project in Texas

Charles River Laboratories International, Inc. yesterday announced a long-term solar energy contract to address the entirety of the company’s North American electric power requirements with clean, renewable energy by 2023. Charles River and Duke Energy Sustainable Solutions have entered into a 15-year, 102 megawatt (MW) virtual power purchase agreement (VPPA). Charles River’s portion of the […]

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IREDA Extends Bid Date For 12 GW CPSU Solar Scheme

Indian Renewable Energy Development Agency Ltd. (IREDA), the implementing agency appointed by  Ministry of New & Renewable Energy (MNRE) for the CPSU Scheme Phase II  has extended the bid submission date to 15th June. The Central Public Sector Undertaking (CPSU) scheme phase-II envisages setting up 12,000 MW grid-connected solar projects with viability gap funding (VGF). […]

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BPCL Floats Tender For 15 MW of Open Access Renewable Power

Oil and Gas major  Bharat Petroleum Corporation Limited (BPCL) has floated a tender for the supply of 15 MW of solar or non-solar Renewable Power under open access to BPCL and its Mumbai Refinery at Mahul. According to the tender document and Power Purchase Agreement (PPA), the scope of work for supplier includes evacuating solar […]

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Bengaluru Airport Becomes Net Energy Neutral, Saves 22 Lakh Units

On World Environment Day, Bangalore International Airport Limited (BIAL) announced that the Kempegowda International Airport, Bengaluru has achieved net energy neutral status in the fiscal year 2020-21. BIAL considers this one of its ambitious goals as it already set the target to become Net Energy Neutral by 2020-21. Even it claims to begin 2021-22 promisingly […]

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Keventer Agro Claims Strong Performance For Its Rooftop Solar Plant

Kolkata based food and dairy major, Keventer Agro, which retails premium dairy products, reports a strong performance from its rooftop solar plant, one of the largest in East India. The 2.15 MW plant was built over an area of over 2 lakh square feet at the firm’s plant in Barasat. The plant EPC was done […]

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