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Xcel Signs Deal for 250 MW Solar Plant at EVRAZ, Pueblo

The Xcel Energy power plant under the long-term electricity contract will feed Rocky Mountain Steel directly and will be under the state’s net metering enactment. Aspiring to make good use of new energy, steel making and mining giant EVRAZ has signed a deal with the energy and natural gas provider, Xcel Energy for a 250 MW behind-the-meter […]

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Mamata tweets ‘Solar PV Panels on Government Buildings, Schools

West Bengal power minister Sobhandeb Chatterjee had earlier said that the Bengal government is expecting to add over 2,000 megawatt (mw) of power in the next five years including 300 mw of solar power. Feeling isolated by not being one of the states who have recently announced solar power initiatives for their buildings like Rajasthan, […]

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China’s Goldwind, UNSW Ally for Australia’s 1st Wind Technology Test Lab

AUD 2 million Memorandum of Understanding (MoU) had been signed between the parties at the UNSW China Center inaugurated in Shanghai earlier. China’s largest wind turbine technology and energy solutions provider, Goldwind has partnered with Australia’s University of New South Wales (UNSW) to establish the country’s first ever laboratory to test renewable wind technology. As […]

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China Challenges US Safeguard Duty on Solar Imports before WTO

China Government has requested WTO dispute consultations with the U.S. to take appropriate measures at the state and municipal level that provide incentives for the use of domestically sourced renewable energy products and technologies for dispute settlement. Adding to its wide range of conflicts with U.S., China has questioned the U.S. imposed safeguard duties on […]

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E.ON launches ‘Fix and Drive’ Tariff for EVs

The consumers have to sign up with the company to avail the offer of a fixed unit price for which they will have to undertake free driving miles per year. Germany based leading electric utility service provider, E.ON has launched a rewarding tariff for the electric vehicle (EV) owners. The consumers have to sign up […]

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REC Signs € 200 mn Loan Agreement with Germany’s KfW Bank

This is REC’s fourth line of credit under Indo-German Development Cooperation which will be utilized to fund green energy projects in India. State-run entity responsible for financing rural infrastructural projects, Rural Electrification Corporation (REC) has signed a loan agreement with German bank KfW worth euro 200 million for funding renewable energy projects. This is REC’s fourth line […]

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India Far from 100GW Solar Power Target: CRISIL

The agency also stated in the report that with best possibilities the country would be able to attain 78 to 80 GW of solar power by the end of 2022 up from the current installed capacity of 21.65 GW. Impacting the solar sentiments of India, ratings and research agency, Credit Rating Information Services of India (CRISIL) has asserted that India […]

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Domestic Solar Power Industry

Solar tariffs in India saw the lowest ever level of Rs.2.44 per unit in reverse auctions carried out by Solar Energy Corporation of India (SECI) in May 2017 for 200 MW and again twice in July, 2018, for 600 MW in each instance.  As per the final findings dated 16th July, 2018, in the investigations […]

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MNRE to Explore Possibility of China Joining Int’l Solar Alliance

International Solar Alliance is a treaty-based organization meant to promote development of solar energy in countries between the Tropic of Cancer and Tropic of Capricorn. The government has asked Ministry of New and Renewable Energy (MNRE) to check with its Chinese counterpart for possibility of its China joining the International Solar Alliance. The move is aimed at […]

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