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energy price

Iberdrola Improves bid for Infigen Takeover to 552.8 Million

Iberdrola has announced that after its conditions were met by Infigen stakeholders, it has now upped its takeover bid for the firm to ~ EUR 552.8 million. Spanish energy conglomerate Iberdrola has announced that after its conditions were met by further acceptance of the takeover bid by shareholders of Australian renewable energy firm Infigen Energy, []

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Kahramaa Closes Financing for Worlds 2nd Cheapest Solar Power Project

Kahramaa has announced the successful financial closure for the Siraj-1 solar power plant project, the first of its kind project in Qatar Qatar General Electricity and Water Corporation (Kahramaa) has announced the successful financial closure and completion of all needed financial arrangements with its international financiers for the Siraj-1 solar power plant project, the first []

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Renewables Trump Fossil Fuels in Europe for H1 2020: Report

In H1 2020, renewable energy sources generated 40 percent of the EU-27 (European Union) electricity as they trumped fossil fuels for the very first time In the first half (H1) of 2020, renewable energy sources wind, solar and bioenergy generated 40 percent of the EU-27 (European Unions) electricity as they trumped fossil fuels (34 percent) for the []

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China Solar Manufactures up 15.7% in Jan-June 2020, says CPIA

The China Photovoltaic Solar Association (CPIA), an industry body of solar manufacturers in the country, has announced that manufacturers in the country churned out 15.7 percent higher production of solar panels, at 59 GW in the first six months of this year. That would seem to indicate that the effects of the Coronavirus have been []

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RK Singh Confident India Will Have 450 GW RE by 2030

India will have around 60% of its installed electricity generation capacity from clean sources by 2030 reaching 450 GW RE capacity, RK Singh has said. India will have around 60 percent of its installed electricity generation capacity from clean energy sources by 2030, Power and New & Renewable Energy Minister R K Singh has said. The []

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Brookfield Renewable Announces 1200 MW Solar Project in Brazil

Brookfield Renewable Partners has entered into a binding agreement to acquire a 1200 MW advanced solar development project in Brazil Brookfield Renewable Partners, alongside its institutional partners, has announced that it has entered into a binding agreement to acquire a 1200 MW advanced solar development project in Brazil, which will be targeted for completion in []

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Electricity Demand in India to Shrink by 5-6% in FY21 due to COVID: ICRA

With the re-imposition of lockdown restrictions in many parts across the country, the all India electricity demand is likely to decline by 5 to 6% in FY2021 With the re-imposition of lockdown restrictions in many parts across the country, the all India electricity demand is likely to decline by 5 percent to 6 percent in []

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One Sun, One World, One Grid Brings Opportunities and Challenges: IEEFA

Indian Prime Minister Narendra Modi floated the idea of cross-border solar connectivity in October 2019. It was taken up by the Ministry of New and Renewable Energy (MNRE) and India is now pursuing a new vision of One Sun One World One Grid (OSOWOG). It looks ambitious, but if structured well could change the way []

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BHEL Tenders for Insurance of two Floating Solar Plants

BHEL has issued a tender for the Marine-Cum-Storage-Cum-Erection (MSE) Insurance of two floating solar plants it is currently developing for NTPC. Bharat Heavy Electricals Limited (BHEL) has issued a tender for the Marine-Cum-Storage-Cum-Erection (MSE) Insurance of two floating solar plants it is currently developing in Simhadri, Andhra Pradesh and Kayamkulam, Kerala for NTPC. At Simahdri, []

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