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SoftBank Led SB Energy Leads Bidding on SECI 1200 MW Wind Auction

Bids totalling 2,325-MW capacity were received by SECI in response to the 1200 MW tender. A host of other industry majors including SoftBank led SB Energy have marked their interest in Solar Energy Corporation of India’s (SECI) latest 1200 MW wind power tender. SB Energy has made its first bid for a standalone wind project […]

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High Solar Tariffs Sees Gujarat Cancel 700 MW Solar Tender

The Gujarat government is likely to reduce the charges at the solar park, after which GUVNL will hold a fresh auction. The Gujarat government has cancelled the solar auction it held in December for the development of 700 MW of solar projects, citing winning bids being too high as the reason for cancellation. The decision […]

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Foreign Players Win Big in Gujarat Solar Park Auction

The previous auction conducted by Gujarat Urja Vikas Nigam in September for 500 MW saw a winning tariff of Rs 2.44 per unit. International solar developers have stood out and won the entire 700 MW capacity of the solar auction conducted by the Gujarat Urja Vikas Nigam Ltd (GUVNL). SB Energy which is backed by […]

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New Braunfels Utilities Signs One of the Lowest PPA in the USA

A municipally owned utility in Texas, New Braunfels Utilities has signed a 15 year contract with Engie-affiliated Long Draw Solar for $25 per megawatt-hour. New Braunfels Utilities has signed one of the lowest power purchase agreement in the United States and the lost one in the state of Texas. A municipally owned utility in Texas, […]

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Vestas Bags its Largest Wind Energy Order in India for 252 MW

The order was placed by Vivid Solaire Energy Pvt. Ltd., a subsidiary of Engie, and was awarded as part of the national level wind auctions organised by SECI. Danish Wind energy mammoth Vestas has bagged its largest order till date in India for a 252 MW wind energy project in Tamil Nadu. The order is […]

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Siemens Receives 487 MW Offshore Wind Project in Belgium

The order includes supply and commissioning of 58 units of the SG 8.0-167 DD offshore wind turbine and a 17-year Service agreement. Siemens Gamesa Renewable Energy (SGRE) has received an order for 487 MW SeaMade offshore wind power project in Belgium from customer Seamade NV. The order includes supply and commissioning of 58 units of […]

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Ørsted Buys 100% Equity in Deepwater Wind for $150 Mn

Post completion of the transaction, the new organization will be named as Ørsted US Offshore Wind. Danish energy company Ørsted has inked a pact with the D.E. Shaw Group to acquire a 100 percent equity interest in US-based offshore wind developer Deepwater Wind for about USD 510 million. As per the deal, the two companies’ […]

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India May Not Achieve 100 GW Target by 2022: Report

The current bidding environment in India is ‘irrationally aggressive’. Around 70% of the total respondents were of the opinion that the aggressive nature of bidding, that lowered tariffs for wind and solar energy to Rs 2.43 and Rs 2.44 per unit respectively, is not feasible for the growth. The target of adding 175 GW of […]

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Need of Hour: Reduce | Reuse | Recycle

What happens to all the “green” infrastructure when it reaches the end of its life? The question is how will India dispose 100 gigawatt (GW) worth of solar panels in the next 20 years? While the production of solar energy is green, is there a well thought out and environment-friendly plan for end-of-life treatment of […]

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