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energy markets

Ofgem Unveils ‘Decarbonisation Action Plan’ to Support RE, EVs in Britain

Ofgem has unveiled its ‘Decarbonisation Action Plan’, to build a system that supports the growth of renewables and 10 million EVs on British roads by 2030 Britain’s energy market regulator Ofgem (Office of Gas and Electricity Markets) has unveiled its new ‘Decarbonisation Action Plan’, to build a system that supports the growth of renewables (RE) […]

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Economic Survey 2019-20. Opportunity Ignored?

The Economic Survey for 2019-20 was presented by Finance Minister Nirmala Sitharaman today in parliament. The survey, which is taken as a useful indicator of government intent, though not always ability to take action, is notable for what it talks about, and perhaps worryingly, what it ignores. Thus, in a survey where there seems to […]

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EXIM Bank Grants $35.8 Mn to Republic of Suriname for Hybrid PV Systems

Exim Bank has extended a LOC to the Government of the Republic of Suriname, for financing a rural electrification project using solar DG hybrid PV systems The Export-Import Bank of India (Exim Bank) has, on behalf of the Government of India, extended a Line of Credit [LOC] of USD 35.80 million, to the Government of […]

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Vestas Receives Wind Turbine Order Worth 84 MW in China

Vestas has received an 84 MW order in China that includes the supply of 22 turbines delivered in 3.8 MW power optimised mode Vestas has received an 84 MW order in China that includes the supply of 22 (V136-3.45 MW) turbines delivered in 3.8 MW power optimised mode as well as a 5-year Active Output […]

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Clir Renewables Hits 6 GW Milestone, Tripling its Portfolio in 2019

Clir Renewables has surpassed a total of 6 GW of assets on its platform in 2019, a three-fold increase from 2 GW at the end of 2018. New figures from Clir Renewables, a leading cloud-based AI platform that provides asset managers and owners with tools to maximise annual energy production, surpassed a total of 6 […]

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Scatec Solar Reports Strong Q4 With 32% EBITDA Growth

Scatec Solar has delivered continued strong growth in the fourth quarter (Q4) 2019 with proportionate revenues of NOK 1,642 million Scatec Solar has delivered continued strong growth in the fourth quarter (Q4) 2019 with proportionate revenues of NOK 1,642 million (1,666) (USD 181 million), and EBITDA of NOK 434 million (329). Power production reached 298 […]

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Spruce Finance Acquires 5864 Rooftop Solar Assets Worth 31.3 MW

Spruce Finance has completed its most significant solar portfolio acquisition to date, with the purchase of 5,864 rooftop solar assets totaling 31.3 MW Spruce Finance, one of the largest private owner and operator of residential solar assets in the US, has completed its most significant solar portfolio acquisition to date. Spruce’s purchase of 5,864 rooftop […]

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Lighting up India’s hinterland

India has emerged as the fastest growing energy market in the world. Investments in the sector grew at 12 percent last year with spending on renewable energy (RE) exceeding fossil fuel-based power. The country aims at being a power surplus nation and RE can play a big role in the transition. In April 2018, the […]

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ATUM – World’s 1st Integrated Solar Roof Gets IEC CB 2016, UL 61730 Certification

Adding another feather in its cap, country’s one of the leading cement roofing sheet maker Visaka Industries said on Thursday that it has successfully passed the solar photovoltaic (PV) module tests for its ATUM product. Illinois-based global safety science company UL has certificated ATUM as per the latest International Electrotechnical Commission (IEC) and UL standards with […]

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