SUBSCRIBE NEWS LETTER

financing

WB Grant For China RE and Battery Storage Promotion Project

The World Bank has approved a $300 million loan for the China Renewable Energy and Battery Storage Promotion Project to increase RE adoption and transition The World Bank’s Board of Executive Directors have approved a $300 million loan for the China Renewable Energy and Battery Storage Promotion Project to increase the integration and utilisation of […]

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Surprise! SECI’s ISTS Tender for 1200 MW Gets Bids at Rs 2.54/unit

The tender for the ISTS (Inter-State Transmission System) tranche IV solar projects, that came out in February 2019, has concluded with surprisingly low rates for SECI.  The projects are spread across India and come with the added assurance of SECI ensuring grid connectivity. The tariff ceiling for this tender was set at Rs 2.65/KwH. As […]

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Wind Energy Expansion in Vietnam, 1 GW Expected to be Installed by 2021

Vietnam has one of the highest potentials in the region for both onshore and offshore wind energy, with 1GW expected to be installed by 2021 The Global Wind Energy Council (GWEC) is hosting its annual Vietnam Wind Power Conference, gathering major international wind companies, energy authorities, financial institutions and regulators to discuss the potential for […]

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In New Innings, MNRE Minister Alive To Payments Issue For RE Producers

The statement by the Power and New and renewable energy minister R K Singh that the government is building a payment security mechanism to protect developers from delays on generation payments is to be welcomed, as it shows a rightful recognition of a key issue plaguing the sector.  A pricing squeeze of the sort the […]

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EESL Issues Tender for LED Street Lights in Gram Panchayats of Jharkhand

The scope of tender includes designing, manufacturing, testing, supplying and five years on-site warranty of 24W LED Street Lights and other related works for all Gram Panchayats in Jharkhand. The Energy Efficiency Services Ltd (EESL), a joint venture of PSUs under the Union Ministry of Power, GoI, has issued a tender inviting bid for 24W […]

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FMO Acquires 40% Stake in Scatec Solar’s Kamianka Project in Ukraine

Scatec Solar has signed an agreement with FMO, for it to take a 40% equity stake in Scatec Solar’s 32 MW Kamianka project in Ukraine. Scatec Solar has signed an agreement with FMO, the Dutch development bank, for FMO to take a 40% equity stake in Scatec Solar’s 32 MW Kamianka project in Ukraine. The […]

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Wpd Secures Wind Pipeline of 5 Projects Worth 160 MW in South Korea

Germany-based Wpd has secured a project pipeline of five onshore wind projects with a total capacity exceeding 160 MW in South Korea. Germany-based wind energy major Wpd has announced that it has secured a project pipeline of five onshore wind projects with a total capacity exceeding 160 MW in South Korea. The pipeline has been […]

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Scatec Solar Begins Construction on 148 MW Solar Plant in Ukraine

Scatec Solar has announced that it has begun construction work on the 148 MW Progressovka solar project in Ukraine. The project will be realised in collaboration with PowerChina Guizhou Engineering Co. Ltd. that will provide construction financing and Engineering Procurement and Construction (EPC) services to the project in Ukraine, while Scatec Solar will be the […]

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South Sioux City in US To Add 1.5-MW of Battery Storage for Solar Project

The city of South Sioux City will become a “demonstration site” for the storage of electric power generated by the city’s 1,200-panel solar installation. A large-scale battery with the capacity to store 1.5 megawatts of power will be installed by Florida-based NextEra Energy Inc. this winter, according to the City Administrator Lance Hedquist. The battery […]

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