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renewable energy

Siemens Gamesa Becomes First Turbine Manufacturer with Investment Grade Rating

The company obtained a BBB- long-term credit rating, with a positive outlook, from Standard & Poors (S&P), and a Baa3 outlook stable rating from Moodys.  Spanish renewable energy major, Siemens Gamesa Renewable Energy (SGRE) recently became the first wind turbine manufacturer to attain an investment grade rating. The company obtained a BBB- long-term credit rating, []

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260 MW Wind Farm in Thailand Begins Commercial Operation

Composed of five sub-projects located in Chaiyaphum Province in Thailand, the project is set to be one of the biggest of its kind in Thailand. The 260 MW Hanuman Wind Farm Project, owned by the Energy Absolute Public Company Limited (EA), a renewable energy company in the SET, recently entered commercial operation. Composed of five []

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India to Exceed Climate Compliance Commitments Under Paris Agreement

A new report has predicted that India will exceed the compliance commitment it made to address climate change through green energy installations under the landmark Paris agreement. Moodys Investor Service, a global credit rating agency recently released its latest report, Power Asia Climate goals, declining costs of renewables signal decreasing reliance on coal power. The report revealed []

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MNRE Offers Clarification on Import of Lead-Acid Battery For Solar Applications

The ministry clarified that secondary cells and batteries of lead acid and nickel-based chemistry are covered under the order. The Ministry of New and Renewable Energy (MNRE) has offered clarification regarding the import of batteries of lead-acid based chemistry under the ministrys Solar Photovoltaics Systems, Devices and Components Goods (Requirement for Compulsory Registration) order which []

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Sungrow Bags 400 MW Inverter Deal For Chiles Largest Solar Plant

The solar PV farm in Copiapó, once completed, is expected to be the largest PV plant in the South American nation. Sungrow, one of the leading global inverter solution supplier for renewables, has signed an agreement with Enel Green Power Chile to supply its featured 1500V inverter solutions to a 400 MW PV farm in []

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Govt Soon To Invite Bids for 40 GW EV Battery Manufacturing Plants

The government is considering a plan to establish a battery making capacity of 40 gigawatts (GW) to give a boost to its electrical vehicles and renewable energy initiatives. It will ask states to compete for the opportunity to set up internationally competitive facilities that will also service global markets. Domestic and global battery makers will []

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Govt Organises Chintan Baithak with RE Industry Stakeholders

In a bid to provide a further boost to the renewable energy sector in the country, the Ministry of New & Renewable Energy (MNRE) held a meeting, termed as Chintan Baithak, with the industry stakeholders. The governments motive behind organizing this meet, which was chaired by the MNRE Secretary Anand Kumar, was to address various []

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SunShare Commissions 8.2 MW Community Solar Project in Minnesota

The two community projects in Saint Michael and Zumbro Falls, Minnesota, consisting of six total community solar gardens, which will serve approximately 1,200 households SunShare, a community solar expert, has announced that its SaintSun and ZumbroSun community solar projects have been commissioned and are now operational. Owned and operated by SunShare, the SaintSun (6.9 MWdc) []

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EVgo To Run the Largest Fast Charging Network in the US on 100% RE

EVgo, the largest public electric vehicle (EV) fast-charging network in the U.S, has announced that it has contracted for 100 percent renewable energy to power its customers, becoming the first EV charging network in the United States to do so. EVgo has contracts with its energy suppliers and renewable energy certificate (REC) partners to ensure []

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