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At Rs 5.38 per unit, Vietnam’s FIT Rates Keep Developers Interested

Vietnam, a late entrant to the solar race, but catching up fast with close to 5.69 GW of installed capacity by end 2019, has just announced its FIT (Feed-in-Tariff) rates for projects that are completed by December, 2020. The prices, according to developers involved with projects in the country, as well as some corporate rooftop […]

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The WoodMac Weekly Global Energy Round Up

Wood Mackenzie, the global research and analysis form, has come out with the first of its planned weekly roundups of the impact of the Coronavirus pandemic across the world, especially on global energy markets. With a focus on renewables, EV’s and energy storage, the round up will seek to bring you a snapshot of the […]

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$600Bn to Be Spent on Wind Turbines Globally by 2028: WoodMac

Despite demand fluctuations, the global wind turbine supply chain is racing towards a USD 600 billion cumulative opportunities by the end of 2028, as said by the global energy research & consultancy firm. However, annual average wind turbine supply is forecast to hit USD 60 billion between 2020 and 2028 – reflecting an increase of […]

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Vestas Selected for 139 MW Offshore Wind Farm in Japan

Vestas has received a 139 MW order to supply 33 Vestas V117-4.2MW typhoon variant turbines for Akita Noshiro Offshore Wind Farm Project in Japan Vestas has received a 139 MW order from MHI Vestas Offshore Wind, the joint venture between Vestas Wind Systems and Mitsubishi Heavy Industries, to supply 33 Vestas V117-4.2MW typhoon variant turbines […]

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Europe’s Cheapest Corporate Solar and Wind PPAs in Spain, Sweden: BNEF

Spain and Sweden respectively have the cheapest average corporate PPA prices in Europe for wind and solar electricity, according to a new survey. Spain and Sweden respectively have the cheapest average corporate PPA prices in Europe for wind and solar electricity, according to a new survey. The BloombergNEF’s (BNEF) 1H 2020 European Corporate PPA Price […]

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As Power Demand Slumps, RE Generators Brace For Impact

The coronavirus pandemic has created some of the most unprecedented situations ever faced by the energy sector in India. For one, demand has never dropped off as steeply as it has in March. For possibly the first time ever in living memory, a slump in global oil prices has stopped delivering any revenue benefits to […]

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Northland Power to Acquire Offshore Wind Project in Canada

NaiKun Wind Energy Group will sell the NaiKun Offshore Wind Farm located in the Hecate Strait off the coast of British Columbia, Canada, to Northland Power NaiKun Wind Energy Group has announced that it has entered into an agreement to sell the NaiKun Offshore Wind Farm located in the Hecate Strait off the coast of […]

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Key to Unlocking Immense Potential of India’s Wind Energy: GWEC

As one of the largest onshore wind markets in the world in installation terms, India is also a primary market for supply, trade and investment opportunities In the global energy transition, India is one of the keystone countries for clean energy growth, coal phaseout and mobilisation of investment to power a low-carbon economy. As one […]

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From 7 Paise Per KwH To Ownership. On SECI’s Future Plans

Solar Energy Corporation of India (SECI) CMD, Mr J S Swain, has been quoted in a recent interview to the Economic Times as saying that SECI plans to move to become a developer itself, with a first target of setting up 5000 MW of Solar-Wind hybrid projects in the coming decade. That announcement is a […]

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