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UK, German Moves To Support Offshore Wind Point To Challenges Ahead

Ørsteds Travails Worlds biggest  offshore wind energy developer- Danish firm Ørsted on November 1 this year announced ceasing developing two of its proposed offshore wind projects in the United States (US) at the cost of around £3bn in penalties. These projects were slated to come up at New Jersey off the US coast. They had []

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UK Supports Slumping Offshore Wind Sector With 66% Hike In Auction Prices

The UK, which has been one of the largest offshore wind markets until now, has moved to limit the damage and recover lost ground after a series of offshore wind projects were threatened or cancelled. The projects in the UK, and other regions, notably the US, were all cancelled due to rising costs and maintainance []

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Winning Bid In 1.5 GW SJVN Tender with Storage At INR 4.38 per Kwh

In the 1500 MW SJVN solar tender for ISTS connected renewable energy project that comes with storage pan India, Juniper Green Energy, Tata Power Renewable Energy, ACME Cleantech Solutions, Solarcraft Power India, Hero Solar Energy, TEQ Green Power XVI, ReNew Solar Power have emerged as winners. SJVN is a public sector undertaking. ACME bagged the []

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Aland Island Set for Large-Scale Integrated Renewable Energy

Copenhagen Infrastructure Partners, Flexens, and Lhyfe have formed a partnership for the development and construction of an ambitious integrated energy island solution enabling large-scale offshore wind, green hydrogen production, and other local anchored value creating activities on Åland. CIP, through Copenhagen Energy Islands, Lhyfe and Flexens have jointly launched the Åland Energy Island project. The project will []

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Rooftop, CPP & Hybrid Projects Take Precedence in Gujarat Renewable Energy Policy 2023

Gujarat Chief Minister Bhupendra Patel has released the Gujarat Renewable Energy Policy 2023. The Policy, whose operative period is upto 2028 or till notification of new policy (whichever is earlier), sets sights on achieving some big goals defined by the State and places a premium on solar-wind hybrid projects. Goals Chalked Out  The State will []

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Longi Crosses 1 GW Milestone In Middle East, Looks Ahead To Much More

Chinese solar major Longi has announced the shipping of over 1GW of solar modules to the Middle East distribution solar market by the second quarter of 2023. The number is a significant milestone for Longi as well as underscoring the high demand and interest in solar solutions for the middle east region. Solar majors have []

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Tongwei Becomes First Chinese PV Maker in Fortune 500 List

Chinas Tongwei Group, a powerhouse in the solar manufacturing space made its debut on the Fortune 500 list of 2023 with a revenue of CNY 2148.82 billion and ranked 476th, becoming the first photovoltaic company in the world to enter the Fortune Global 500. At the same time, Tongwei Group ranked 34th on the Return on []

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RECPDCL Issues RFS for Wind Power Developers for 100 MW Wind Power Projects

REC Power Development and Consultancy Limited, a wholly owned subsidiary of REC Limited, a Maharatna company under the Ministry of Power, invites bids for the selection of wind power developer(s) for setting up of  100 MW ISTS-connected wind power project(s) in India via tariff-based competitive bidding (TBCB) process on Build Own Operate  (B-O-O) basis unedr []

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CIP Pledges $350 Million for South Koreas Offshore Wind Expansion

Copenhagen Infrastructure Partners (CIP) signed an Investment Notification Form in the presence of the Republic of Koreas President Yoon Suk-Yeol, committing to inject $350 million into offshore wind projects in South Korea. Through their funds, CIP aims to facilitate developing and constructing gigawatt-scale offshore wind projects in the country. These projects are situated in the []

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