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Vestas Bags Orders Worth 160 MW in Mexico and China

Vestas has secured two orders worth a combined 160 MW capacity in Mexico and China. An EPC order for a 108 MW project and a 52 MW turbine order in China. Vestas has secured two orders worth a combined 160 MW capacity in Mexico and China. The first order has been received for an engineering, […]

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NextEra Energy Sells $2.5 Bn in Equity Units to JP Morgan, Wells Fargo and BofA

NextEra Energy has announced that it has agreed to sell USD 2.5 billion of equity units to JP Morgan, Wells Fargo Securities, and BofA Securities. NextEra Energy, Inc has announced that it has agreed to sell USD 2.5 billion of equity units to J.P. Morgan, Wells Fargo Securities, and BofA Securities. The transaction is expected to close on February 21, […]

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Ministry of Finance Confirms Force Majeure Status for Coronavirus

In news that should bring some immediate relief to large solar developers, the Ministry of Finance has come out with a clarification on the Coronavirus epidemic. The clarification states that the coronavirus will be covered in the force majeure clause in agreements as a case of natural calamity. That should help developers whose incoming supplies […]

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Andhra Govt Proposes to set up Solar Plants for 10 GW Power

The Andhra Pradesh Government has proposed to set up its own solar plants to produce 10 GW of solar power to meet the requirements of the agriculture sector. The Andhra Pradesh Government has proposed to set up its own generating units to produce 10,000 MW (10 GW) of solar power to meet the energy requirements […]

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Vestas Still the World’s Leading Turbine Maker, Despite Losing Market Share

Developers commissioned almost 61 GW of wind turbines globally in 2019, and the latest data shows that Vestas kept its crown as the leading turbine maker Developers commissioned almost 61 GW of wind turbines globally in 2019, compared with 50 GW in the previous year. And just four manufacturers accounted for more than half, or […]

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Sungrow- Breaking Stereotypes

Sungrow Power Supply Co., Ltd., or ‘Sungrow’ is a familiar name in the Indian solar sector today. Some would argue that Sungrow has as much at stake in the growth of solar in India as anyone else. Sungrow is one of the few firms, especially from China, that have set up a manufacturing plant in […]

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Over Rs 1.32 Lakh Crore Invested in India’s Renewable Sector Since 2017-18

India’s renewable energy sector has seen a total investment of Rs 1.32 lakh crore between FY2017-18 and the current fiscal year India’s renewable energy sector has seen a total investment of Rs 1.32 lakh crore (Rs 132625.89 crore) between the financial year 2017-18 and the current fiscal (until December 31, 2019), Union Minister of Power […]

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SECI Scores 9 Bids Worth 3.5 GW in Response to 1.2 GW Solar Tender

SECI has reported a list of 9 bidders who have submitted bids against the nodal agencies 1.2 GW solar tender (ISTS-VIII) which was issued in January. The Solar Energy Corporation of India (SECI) has reported a list of nine bidders who have submitted prospective bids against the nodal agencies 1.2 GW solar tender (ISTS-VIII) which […]

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After Solar, TN Commission Issues Details for Wind Power Procurement

The Tamil Nadu Commission has issued a consultive paper discussing the approach for procurement of wind power by Discoms and related issues of open access. The Tamil Nadu Electricity Regulatory Commission (TNERC) has issued a consultive paper discussing the approach for procurement of wind power by the Distribution Licensee (Discoms) and on related issues of […]

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