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renewable energy power

Sungrow to Supply Inverter Solutions to 500 MW Solar Plant in Oman

Sungrow will supply 1500V SG250HX inverter solutions to the 500 MWac IBRI II project in Oman, which is the largest utility-scale solar plant in the Sultanate to date. Sungrow, a leading inverter solution supplier for renewables, has announced that it will supply 1500V SG250HX inverter solutions to the 500 MWac IBRI II project in Oman, which is […]

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Validity of Solar Project Tariffs Extended Until Sept 30 in Uttarakhand

UERC has extended the validity for the benchmark capital cost and levelised generic tariff for solar power projects in Uttarakhand until September 30, 2020. The Uttarakhand Electricity Regulatory Commission (UERC) has published a new order extending the validity period for the benchmark capital cost and levelised generic tariff for solar power projects in the state […]

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3.35 GW of Wind Capacity Auctioned in the Q1 2020; 1.2 GW in India

GWEC has published its first quarter wind auction database, reporting that a total of 3.35 GW of wind power capacity was auctioned in the period. The Global Wind Energy Council (GWEC) has published its first quarter wind auction database under its Market Intelligence’s services. The database reveals that from January to April 2020, a total […]

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World’s 1st Offshore Farm to use 9.5 MW Turbines Comes Online

The 219 MW Northwester 2 offshore wind farm is now supplying the Belgian grid with green energy from all of its 23 fully wind turbines producing 9.5 MW each. In just under ten months from the start of the offshore works, the 219 MW Northwester 2 offshore wind farm is now supplying the Belgian grid […]

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European RE Associations Moves EC to Solve Permitting Bottlenecks

8 European renewable energy trade associations have sent a letter to the EC urging concrete action to solve permitting bottlenecks for renewables. WindEurope and seven other European renewable energy (RE) trade associations – Bioenergy Europe, EGEC, EREF, ESTELA, Ocean Energy Europe, ESTIF, and SolarPower Europe, have sent a letter to the European Commission (EC) urging […]

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Iberdrola Acquires 2 Wind Projects in Scotland for €190 Mn

Iberdrola has purchased two onshore wind projects in Scotland, with a combined 165 MW capacity and which will involve an investment of around €190 million Spanish multinational electric utility Iberdrola has announced that it has finalised the purchase of two onshore wind projects in Scotland, with a combined 165-megawatt (MW) capacity and which will involve […]

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Discoms to get Loans at low Rates to pay Back Gencos: RK Singh

Discoms will be offered loans at cheaper rates by state-owned power sector financing companies for clearing their dues towards Gencos, RK Singh has said. Financially stressed Discoms will be offered loans at cheaper rates of 8.5 to 9 percent for a 10-year period by state-owned power sector financing companies PFC and REC for clearing their dues towards power generation companies (Gencos), Power and Renewable Energy Minister RK Singh […]

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Discoms’ Liquidity Infusion via Loan Positive for Gencos, But Losses to Shoot Up by Rs 270 Bn in FY21: ICRA

Government’s Rs 900 billion liquidity support under Atmanirbhar Bharat package for state power distribution utilities (Discoms) is a much welcome measure, said ICRA a leading credit rating agency. However, this liquidity infusion in Discoms will be in the form of loans against receivables, from major power sector lenders Power Financial Corporation (PFC) and Rural Electrification […]

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Siemens Gamesa to Supply Wind, Storage Hybrid Solution in Philippines

Spanish wind turbine manufacturer Siemens Gamesa is set to deliver an innovative wind and storage hybrid project in the Philippines. This project is having its own significance as it will help in reducing dependence on diesel by providing stable power supply in a location with a weak link to the grid. Moreover, this hybrid project, […]

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