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Macquarie Acquires Additional Stake in Welsh Offshore Wind Farm

Macquarie has reached an agreement with Siemens AG to acquire an additional 10 percent stake in Gwynt y Môr Offshore Wind Farm in Wales. Macquarie Infrastructure and Real Assets (MIRA) has reached an agreement with Siemens AG to acquire an additional 10 percent stake in Gwynt y Môr Offshore Wind Farm in Wales. Gwynt y […]

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Southern Power Acquires 136 MW Wind Facility From RES

Southern Power has acquired the 136 MW Skookumchuck Wind Facility from RES Southern Power, a leading US wholesale energy provider and a subsidiary of Southern Company, has announced the acquisition of its 12th wind project, the 136-megawatt (MW) Skookumchuck Wind Facility from RES (Renewable Energy Systems). “This project is a great addition to our renewable […]

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Aditya Aluminium Commissions 24 MW Solar Plant in Odisha

Aditya Aluminium has set up a 24 MW solar power plant in Sambalpur district in Odisha. Aditya Aluminium, a unit of the Metals business of the Aditya Birla Group has set up a 24 MW solar power plant at Lapanga in Sambalpur district in Odisha. According to the firm, the project perfectly fits into the […]

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US Non-Residential Storage Market to Grow 10-Fold by 2024

Non-residential storage system costs will fall by 27% in the US by 2024 and that this will help drive a tenfold growth in the market in that period New research has revealed that non-residential storage system costs will fall by 27 percent in the US over the next five years and that this fall in […]

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Vattenfall, Honda to Develop Climate Smart EV Charging Solution

Vattenfall and Honda will introduce convenient home EV charging solutions and flexible energy contracts specifically tailored for EV owners in Europe. Vattenfall and Honda have announced the signing of a Letter of Intent to introduce convenient home charging solutions and flexible energy contracts specifically tailored for electric vehicle (EV) owners in Europe. This service will […]

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MNRE Amends Bidding Guidelines for Procurement of Solar Power

MNRE has issued amendments to its guidelines for the bidding process for the procurement of power from grid-connected solar PV power projects. The Ministry of New and Renewable Energy (MNRE) has issued amendments to its guidelines for the tariff-based competitive bidding process for the procurement of power from grid-connected solar PV power projects. The said […]

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Need to Grab Rooftop Solar Opportunity with Right Policy Structure: Sushil Bansal

The rooftop solar segment is still far behind achieving its target. The main reason behind this I believe is resistance from Discoms and inconsistent solar rooftop policies in every state. There is high potential in erstwhile slow-moving solar rooftop segment. Already there is awareness among rooftop consumers. The cost advantage is also present. There is […]

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Solar Power Very Much on the Agenda for Bihar: Nitish Kumar

Bihar CM Nitish Kumar has said that due emphasis will be paid on solar power in the state and that panels are already being installed on government buildings Bihar Chief Minister Nitish Kumar has said that due emphasis will be paid on solar power in the state and that solar panels are already being installed […]

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Will The Recent Reduction in Corporate Tax Impact The Domestic Solar Market Too?

With an aim to provide much needed support to boost manufacturing sector in the country and to make them more competitive in the global market, Finance Minister Nirmala Sitharaman,in September, announced a significant reduction in corporate tax rate from 30 percent to 22 percent and for new manufacturing companies to 15 percent. Here are some […]

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