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ADB Approves $350 mn Loan to Reform the Energy Sector in Pakistan

ADB has decided to shortly approve a loan worth USD 350 million for reforms and financial sustainability programmes in the Pakistan energy sector. The Asian Development Bank (ADB) has decided to shortly approve a loan worth USD 350 million for reforms and financial sustainability programmes that aims to address fiscal, governance, technical and policy deficits […]

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GE Selected for CIP’s Monegros Wind Portfolio in Spain

GE Renewable Energy has signed an agreement with CIP to provide its technology & services capabilities to power the Monegros onshore wind portfolio in Spain GE Renewable Energy has announced that it has signed an agreement with the Copenhagen Infrastructure Partners (CIP) to provide its technology and services capabilities to power the Monegros onshore wind […]

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WEF’s Energy Transition Report Presents Two Narratives on Global Electricity System

The report co-authored by BloombergNEF (BNEF), Carbon Tracker and the Rocky Mountain Institute (RMI) talks about the implications of ‘Gradual’ and ‘Rapid’ energy transition The World Economic Forum released a report ‘The Speed of the Energy Transition’, today, which laid out the implications of a gradual versus a rapid energy transition and also identified the […]

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US to add 14.6 GW Wind Capacity in 2020, Setting new Record

The US wind market will add a record-breaking 14.6 GW of wind capacity in 2020, as wind power developers (WPDs) rush to finish before the phase-out of Production Tax Credit in 2021 A new report has revealed that the US wind market will add 14.6 gigawatts (GW) of capacity in 2020. The record-setting mark underlines […]

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MERC Approves Petition Seeking Deviation in PPA/PSA for 252 MW Solar Projects

MERC has approved the plea’s made by MSPGCL for seeking deviations in the PPA and approved PSA for the 252 MW out of 302 MW solar projects   The Maharashtra Electricity Regulatory Commission (MERC) has in its latest order approved the plea’s made by the Maharashtra State Power Generation Co. Ltd. (MSPGCL) for seeking deviations […]

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Jolywood to Power a Fully Electric Truck With its Solar Energy Storage System

Jolywood has unveiled its new solar energy storage system with the launch of the fully electric heavy truck manufactured by Breton. Chinese solar module manufacturer, Jolywood has unveiled its new solar energy storage system with the launch of the fully electric heavy truck manufactured by Breton. Fuelling the emerging electric vehicles (trucks) sector, the module […]

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EDF Renewables Acquires 300 MW Wind Projects Pipeline in Germany

EDF Renewables has acquired a wind projects pipeline of around 300 MW which is currently under development across Germany from Altus AG The renewables arm of French power utility EDF, EDF Renewables has announced that it has acquired a wind projects pipeline of around 300 MW which is currently under development across Germany from Altus […]

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PGCIL Wins Inter-State Transmission Project in Rajasthan

PGCIL has bagged an inter-state power transmission project under a tariff-based competitive bidding process, which would benefit Rajasthan and MP State-owned utility Power Grid Corporation of India (PGCIL) has revealed that it has bagged an inter-state power transmission project under a tariff-based competitive bidding process, which would benefit Rajasthan and Madhya Pradesh. “Power Grid Corporation has been declared as the successful bidder under […]

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MNRE Postpones its Flagship Event ‘RE-Invest’ Indefinitely

MNRE postpones the 3rd Global RE-Invest Meet, which was to be inaugurated by Narendra Modi on October 30. The Ministry of New and Renewable Energy (MNRE) has announced via a notification that it has postponed the 3rd Global Renewable Energy Investors’ (RE-Invest) Meet, which was to be inaugurated by Prime Minister Narendra Modi on October […]

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