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Azure Announces Financial Results for Q4 2020, 29% Increase in Revenue

Azure Power has issued its financial results for the fiscal fourth quarter ended March 31, 2020. The firm has reported a 29 percent increase in its revenue. Azure Power,  one of India’s leading independent power producers (IPP) for utility and commercial scale solar PV power plants, has reported its financial results for the fiscal fourth quarter ended March 31, […]

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Eneco Agrees PPA for Partial Output From 250 MW Dutch Wind Farm

Eneco has entered into a 15-year PPA recently with SwifterwinT, for the purchase of the power supplied by SwifterwinT’s 37 onshore wind turbines. Eneco has announced that it has entered into a 15-year contract recently with SwifterwinT, for the purchase of the power (PPA) supplied by SwifterwinT’s 37 onshore wind turbines. These turbines will produce […]

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PG&E Gets Approval for Microgrid Proposal from California Commission

The comprehensive and cost-effective microgrid proposals by PG&E, designed to reduce the number of customers affected by PSPS event has been approved. The California Public Utilities Commission (CPUC) has approved the Pacific Gas and Electric Company’s (PG&E) comprehensive and cost-effective microgrid proposals, which are designed to reduce the number of customers affected by Public Safety […]

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Tata AutoComp Finds Partner to set up EV Charging Stations in India

Tata AutoComp Systems has signed an MoU with Tellus Power Green to supply AC and DC Fast Chargers for the entire range of electric vehicles in India. Tata AutoComp Systems, a leading auto-component conglomerate in India has signed a Memorandum of Understanding (MoU) with USA based DC charging infrastructure company Tellus Power Green to supply […]

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Broad Reach Power to Build 15 Battery Storage Projects in Texas

Broad Reach Power has announced that it will build 15 utility-scale battery storage plant sites in areas near Houston and Odessa in Texas by the end of 2020 Broad Reach Power, a rapidly growing energy storage independent power producer (IPP) based in Houston which owns a three-gigawatt portfolio of utility-scale solar and energy storage power […]

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Dramatic Fall in Cost of Funding Behind Record Breaking Solar Tariffs: IEEFA

The cost of solar continued to decline during the pandemic, driven by dramatic falls in the capital cost of solar (solar module costs) and in the cost of funding. The Institute for Energy Economics and Financial Analysis (IEEFA) in a new report has detailed that despite the devastating impact of the COVID-19 pandemic, during the […]

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TATA Power to Deploy Superfast EV Chargers at Select MG Motor India Dealerships

With an aim to contribute towards electric vehicle (EV) revolution in the country, utility giant Tata Power and MG Motor India, which offers luxury SUV cars in India, have signed a Memorandum of Understanding (MoU) on Monday. As per the MoU signed, Tata Power will deploy 50KW DC superfast chargers at select MG Motor India dealership […]

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Equinor Investing More in RE Projects Than all Other Oil Majors Combined

More than half (55%) of the investments made by global oil majors in renewable energy projects are expected to be invested by a single company – Equinor. Investments in solar and wind (RE) energy projects by the world’s major oil majors until 2025 are expected to exceed USD 18 billion, a new analysis by Rystad […]

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EESL Plans to set-up 2000 EV Charging Stations in 2020-21

EESL will step up its efforts for the installation of EV charging stations in the country during 2020-21, with 2,000 charging facilities planned for the fiscal. Energy Efficiency Services Limited (EESL), a home-grown Super Energy Service Company (ESCO) under the administration of the Ministry of Power, Government of India, has announced its plans to step […]

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