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Energy Storage Contracts Down 34 Percent in Q3 2019

Energy storage contracts in the third quarter of 2019, saw 23 contracts announced, marking a drop of 34 percent over the last four-quarter average of 35. Energy storage contracts in the third quarter of 2019, saw 23 contracts announced, marking a drop of 34 percent over the last four-quarter average of 35, according to GlobalData’s […]

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Cabinet Approves India’s Approach for COP 25

The Union Cabinet has approved India’s approach for the 25th Conference of Parties (COP) scheduled to be held in Spain The Union Cabinet chaired by Prime Minister Narendra Modi has approved the negotiating stand of India at the 25th Conference of Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCCC) scheduled to […]

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ADB Provides $250 mn to EESL to Expand Energy Efficiency Investments in India

ADB has approved a loan of USD 250 million as part of an assistance package to EESL to expand energy efficiency investments in India. The Asian Development Bank (ADB) has approved a loan of USD 250 million as part of an assistance package to Energy Efficiency Services Limited (EESL), a public sector energy service company, […]

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Boralex Announces Largest Renewable Energy Financing in France, Worth $1.7 bn

Boralex has successfully closed agreements for the largest refinancing agreement in the renewable energy sector in France worth USD 1.7 billion Boralex has announced that it has successfully closed agreements to refinance almost all of its wind farm operations in France, for a total of USD 1.7 billion (EUR 1.1 billion), divided among three credit agreements […]

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Microgeneration and Power Trading – Will it work for India

At the outset let us define what is microgeneration. In simple terms, it is defined as the small-scale production of electricity from a low carbon source. This includes the design and installation of advanced distributed generation systems using traditional or renewables technologies. Given that traditional power systems are efficient only at scale, they typically do […]

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EESL and SDMC Partner to EV Infrastructure in Delhi

EESL has signed a Memorandum of Understanding (MoU) with SDMC to establish infrastructure for Electric Vehicles (EV) in the SDMC area over a 10-year period. Energy Efficiency Services Limited (EESL), a joint venture under the Ministry of Power has signed a Memorandum of Understanding (MoU) with South Delhi Municipal Corporation (SDMC) to establish infrastructure for […]

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MHI Vestas Selected for 257 MW Baltic Sea Offshore Wind Project

MHI Vestas has been selected by Parkwind to supply 27 V174-9.5 MW turbines for the 257 MW Baltic Sea offshore wind project. In a signing ceremony in Copenhagen, MHI Vestas and Parkwind have signed a conditional agreement for the turbine supply for Arcadis Ost 1 offshore wind project in the German Baltic Sea. The signing […]

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European Offshore Wind Energy Goals are Achievable: Report

The European Commission’s big goals for offshore wind, between 230 and 450 GW by 2050 are achievable provided right investments and spatial planning A new report has predicted that the European Union (EU) Commission’s big goals for offshore wind – between 230 and 450 GW by 2050 – are achievable provided the right investments in […]

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Another Stable Year of Growth for Wind Energy With China in the Lead

The wind power energy industry saw a fall of 3.6 percent fall when compared to 2017’s growth, however, GWEC claims that the growth has been stable The wind power energy industry installed 51.3 gigawatts (GW) of new capacity last year, a 3.6 percent fall when compared to 2017’s growth, the Global Wind Energy Council (GWEC) […]

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