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Portugal’s Galp Acquires 2.9 GW Solar Portfolio From ACS in Spain

Galp Energia has reached an agreement with the ACS Group for the acquisition of projects for the generation of solar energy in Spain Galp Energia, a Portuguese corporation which consists of more than 100 companies engaged in activities such as natural gas supply, transport, storage, etc has announced that it has reached an agreement with […]

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EQT and Temasek set up Renewable Energy JV ‘O2 Power’ in India

The EQT Infrastructure IV fund and Temasek have announced the establishment of O2 Power, a renewable energy platform in India. The EQT Infrastructure IV fund and Singapore’s Temasek have announced the establishment of O2 Power, a renewable energy platform in India. O2 Power will target over four gigawatts (GW) of installed capacity across solar and […]

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“Climate Emergency” Declared by Spain’s new Govt, Signals Move to RE

Spain’s new government has declared a “climate emergency” and pledged to unveil a draft bill on transitioning to renewable energy. Spain’s new government on January 21, 2020, has declared a “climate emergency” and pledged to unveil a draft bill on transitioning to renewable energy within its first 100 days in office. In a statement announced […]

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Wind Energy Crucial for Europe’s ‘Carbon Neutral by 2050’ Target

The EU recently announced measures towards being carbon neutral by 2050, and Wind is expected to play a crucial role in achieving that target The European Union (EU), whose 28 members collectively account for the world’s third-largest emitter of greenhouse gases after China and the US, further strengthened its long-term commitment by announcing the Sustainable […]

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IRENA Pushes for Bigger NDCs in 2020

In a sensible reminder of how the ground situation has changed to open up new facilities, IRENA’s (International Renewable Energy Agency) call for higher ambition on NDC’s should be heeded. Making a strong case for the new NDC round discussions starting in 2020, IRENA has put forward the case based on a simple fact. That […]

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Sterlite Power Inks Exclusive Pact with Smart Wires to Bring New Technology for Grid Mgmt

With an aim to bring new innovative technology for the Indian electricity market for resourceful grid management, global power transmission assets developer Sterlite Power has entered into an exclusive agreement with California-based Smart Wires. The deal enables the power transmission assets developer to offer Indian utilities with modular power flow control solutions that make transmission […]

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Tripura Tenders for Solarisation of 1300 Pumps Under KUSUM

TREDA has issued a tender for the solarisation of 1300 grid-connected 2 HP agriculture pumps in Tripura on a turn-key basis under the PM-KUSUM programme. The Tripura Renewable Energy Development Agency (TREDA) has issued a tender for the solarisation of 1300 grid-connected 2 HP agriculture pumps in Tripura on a turn-key basis under the PM-KUSUM […]

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Bihar Approves Tariff for 2 MW Power From Floating Solar Project

The Bihar Electricity Regulatory Commission has approved a tariff of Rs 4.15/kWh for the procurement of 2 MW power from a floating solar PV plant in Darbhanga. The Bihar Electricity Regulatory Commission (BERC) has in its latest order approved a tariff of Rs 4.15 per kWh for procurement of 2 MW solar power from a […]

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