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Masdar Agrees to Expand Uzbekistan Wind Farm Capacity to 1.5 GW

Masdar has signed an agreement with the Government of Uzbekistan to extend the capacity of its utility-scale wind farm project up to 1.5 GW. Masdar, one of the world’s leading renewable energy companies, has signed an Implementation Agreement with the Government of the Republic of Uzbekistan to extend the capacity of its utility-scale wind farm […]

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Siemens Gamesa Awarded Order from RWE for 1.4 GW Sofia offshore Wind Project

Siemens Gamesa Renewable Energy (SGRE) has been awarded the firm order from RWE for the 1.4 GW Sofia offshore wind power project. Sofia represents a giant leap for the company; located 195 km off the UK’s north eastern coast on Dogger Bank in the North Sea, the project will be the first to install the company’s flagship 14 MW Direct Drive offshore wind turbine. At 593 […]

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State NBFCs – PFC & REC Reduce Lending Rates by up to 2 Percentage Points

State-owned non-banking financial corporations Power Finance Corporation (PFC) and REC will reduce lending rates by up to two percentage points from April 1, 2021. “PFC and REC as group companies have been aligning operations to realise synergies. As part of such effort, PFC and REC have now decided together to reduce lending rates up to two percentage points,” PFC said in a statement. […]

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Apple Commits to More Clean Energy, With Energy Storage Marking a new Frontier

Apple has announced that it is investing in a major energy storage project in California to pilot new solutions for renewable infrastructure. Apple has announced that over 110 of its manufacturing partners around the world are moving to 100 percent renewable energy for their Apple production, with nearly 8 gigawatts (GW) of planned clean energy […]

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RERC Invites CSR Funding to Energise Schools in Rajasthan With Solar

In a follow up to its draft order issued on February 10, regarding provision of solar plants at schools that are off grid or have very poor grid connectivity, the Rajasthan Electricity Regulatory Commission (RERC), in an order on March 25, has responded to suggestions as well as queries from stakeholders. The order has followed […]

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DGTR Initiates Anti-Dumping Investigation on Fluoro Backsheets for PV Modules

DGTR has initiated an anti-dumping investigation on Fluoro Backsheets used in the manufacturing of solar modules exported from China The Directorate General of Trade Remedies (DGTR) has notified that upon successful application by Renewsys India, it has initiated an investigation to determine the existence, degree and effect of any alleged dumping of Fluoro Backsheets used […]

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Rooftop Solar + Storage From Batteries and EVs in India’s near-future: IEEFA

Policymakers must build the framework required for combining rooftop solar with battery storage and EVs to meet India’s 2030 targets Policymakers and regulators must build the framework required for combining rooftop solar with battery storage and electric vehicles (EVs) to meet Prime Minister Narendra Modi’s vision for a sustainable, energy-secure future, according to a new […]

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KERC Approves a Late Solar Project with a Tariff of Rs 8.40/kWh

The Karnataka Electricity Regulatory Commission (KERC) has approved a tariff of Rs 8.40/kWh for a 3 MW solar power project of Cambria Solar Private Limited. As per the Solar Policy 2014-21, the project was given allotment under SRTPV Scheme by Karnataka Renewable Energy Development Limited (KREDL) on March 17, 2015.  A power purchase agreement (PPA) […]

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DTE Electric Company Completes Third Green Bond Offering

$1 billion in green bonds to finance carbon-free investments DTE Energy’s subsidiary, DTE Electric company, completed its third offering of green bonds on Monday, March 29. The $1 billion bond offering will finance green, or clean, energy investments, including renewables and energy efficiency programs. In its initial green bond offering in May 2018, DTE became the […]

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