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Dropping Prices of Solar, Wind and Storage a Risk for Existing Coal, Gas: BNEF

According to a new analysis, solar PV and onshore wind are now the cheapest sources of new-build generation for at least two-thirds of the global population. The latest analysis by research company BloombergNEF (BNEF) shows that the global benchmark levelised cost of electricity, or LCOE, for onshore wind and utility-scale PV, has fallen 9 percent […]

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NREL Forms Consortium to Advance Solar Perovskite Commercialisation

NREL has formed the US Manufacturing of Advanced Perovskites Consortium, which will work to accelerate commercialisation of perovskite technologies. Working with leading domestic solar companies, the National Renewable Energy Laboratory (NREL), the Washington Clean Energy Testbeds at the University of Washington, the University of North Carolina at Chapel Hill, and the University of Toledo have […]

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AFRY Wins 1.2 GW Pumped Storage Project from Greenko

AFRY India has won Letter of Award (LoA) from Greenko Energy Projects Ltd, a leading renewable energy independent power producer (IPP) in India, for providing detailed design engineering services for its 1.2 GW (or 1200 MW) pumped storage project. Greenko had earlier won the biggest storage project tender ever that was conducted, winning rights to […]

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Residential Solar. Market Yes, But Marketing?

Ashish Anand, a Chandigarh-based businessman reached out to us four months back. With an independent house in the city, he was keen to explore the idea of a solar rooftop for his house. As always, we put him in touch with relevant state sources, and for good measure, a couple of vendors who install solar […]

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ADPower Gets Record Low Solar PV Price for 2 GW Project in UAE

Abu Dhabi Power Corporation (ADPower), a water and electricity company, has received the world’s lowest solar photovoltaic (PV) price of 1.35 US cents/kWh for the United Arab Emirates’ (UAE’s) largest 2 GW of the solar project. This 2 GW solar plant in Al Dhafra is expected to be completed during the second quarter of 2022 […]

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Ørsted and Nestlé Sign15-Year Offshore Wind PPA

Nestlé UK has signed a 15-year PPA with Ørsted to buy green power output worth 31 MW from the 573 MW Race Bank Offshore Wind Farm.   Nestlé UK, the UK subsidiary of one of the world’s largest food and beverage companies, Nestlé, has signed a 15-year indexed fixed-price power purchase agreement (PPA) with Ørsted, […]

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Vattenfall Sells Rights to 240 MW Wind Farm in Scotland

Vattenfall has taken the FID to construct the 240 MW South Kyle Wind Farm in Scotland, which will be able to power approximately 170,000 UK homes on completion Vattenfall has taken the final investment decision to construct the 240 MW South Kyle Wind Farm, which will be able to power approximately 170,000 UK homes, saving […]

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Our Door is Open for All Kinds of Technologies: Dinesh Jagdale

BY emphasizing on the use of clean energy, Ministry of New and Renewable Energy (MNRE), Joint Secretary, Dinesh Jagdale said that India’s door is open for all kinds of technologies and we have to move from Power to Energy. While speaking at the web conference, Jagdale said that “MNRE is promoting and leading a conducive […]

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Pre-Bid Meetings for 3 SECI Tenders Worth 9000 MW Postponed

SECI has announced the postponement of pre-bid meetings for three of its active tenders worth a combined 9000 MW in renewable projects and power. The Solar Energy Corporation of India (SECI) has issued a notification, announcing the postponement of pre-bid meetings for three of its active renewable tenders worth a combined 9000 MW in projects […]

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