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ADB Meets Commitment to Double Annual Climate Financing to $6 bn

ADB has achieved a key commitment to double its annual climate financing from USD 3 billion in 2014, hitting a record high of USD 6 billion in 2019 The Asian Development Bank (ADB) has announced that it has achieved a key commitment to double its annual climate financing from USD 3 billion in 2014, hitting […]

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Maximising Role of RE in Spain & Chile Dependent on Flexibility Assets

Maximising the role of renewable energy in Spain and Chile will hinge on the extent to which ‘flexibility assets’ are deployed and used Maximising the role of renewable energy (RE) i.e. solar and wind power in the electricity systems of Spain and Chile between now and 2050 will hinge on the extent to which ‘flexibility […]

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Tata Power Approved to Procure 150 MW Solar Power at Rs 2.83/kWh

MERC has approved the petition filed by Tata Power Company Limited – Distribution to procure 150 MW of solar power at a tariff rate of Rs 2.83/kWh The Maharashtra Electricity Regulatory Commission (MERC) in its latest order has approved the petition filed by Tata Power Company Limited – Distribution (TPC-D) to procure 150 MW of […]

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MNRE Missing Yearly RE Targets, 175 GW by 2022 in Danger: Parliamentary Panel

MNRE has continuously failed to achieve its yearly targets of clean energy capacity addition, which may hamper the mission of having 175 GW of RE by 2022. The Ministry of New and Renewable Energy (MNRE) has continuously failed to achieve its yearly targets of clean energy capacity addition, which may hamper the mission of having 175 […]

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Solis Hybrid Inverters and LG Chem Deliver Solar-Plus-Storage Solution for Homeowners

Ginlong Technologies (Stock Code: 300763.SZ), a global leader in photovoltaic string inverter manufacturing, announces that its Solis storage inverter is now compatible with LG home battery RESU. The Solis Residential Hybrid Inverter (RHI) now is fully compatible with LG RESU 48V line-ups  to provide stable, reliable home energy storage. With this partnership, Ginlong is offering […]

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BP Increases Stake in Lightsource BP to Form a 50:50 JV

The management of Lightsource BP and BP have agreed to equalise their shareholdings in Lightsource BP to create a simplified 50:50 JV structure The management of Lightsource BP and BP have agreed to equalise their shareholdings in Lightsource BP to create a simplified 50:50 joint venture (JV) structure. As part of the transaction, BP will purchase newly-issued equity […]

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NTPC Tenders for 500 MW Solar Projects in Maharashtra

NTPC has tendered for the development of grid-connected solar power projects up to 500 MW in generational capacity in Maharashtra under EPC package NTPC Limited has issued a tender, inviting bids from eligible bidders for the development of grid-connected solar power projects up to 500 MW in generational capacity in Maharashtra under Engineering, Procurement and […]

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Engie Inaugurates Egypt’s Largest and First Private Wind Project

Engie has now inaugurated the 262.5 MW Ras Ghareb wind park, Egypt’s first private and now the largest wind farm. Engie has announced that the firm and its consortium partners have now inaugurated the 262.5 MW Ras Ghareb wind park, Egypt’s first private and now the largest wind farm. Ras Ghareb project started commercial operation […]

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Geronimo Energy Begins Operation on 200 MW South Dakota Wind Farm

Geronimo Energy has announced the start of the commercial operations for its Crocker Wind Farm, a 200 MW wind energy project located in South Dakota. Geronimo Energy, a wholly-owned subsidiary of National Grid Plc, has announced the start of the commercial operations for its Crocker Wind Farm, a 200 megawatt (MW) wind energy project located […]

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