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renewable energy

Nike Signs First Wind Power PPA in Europe

The global sporting brand now benefits from the supply of over 200 megawatts (MW) of renewable wind power. Nike, the global sporting brand, has signed a Power Purchase Agreement (PPA) with Spain’s Iberdrola to source 40 MW of wind power from the Cavar wind complex in Navarra, northern Spain to power its facilities in Europe. […]

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Bangalore International Airport Inaugurates Rooftop Solar Plant

The solar system is expected to generate around 4.7 million units of power per annum. The Kempegowda International Airport (Bangalore) inaugurated its 3.35 MW rooftop solar power plant. The power generated from the rooftop systems will be used to meet the electricity demands of the airport. The solar system is expected to generate around 4.7 […]

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CCEA Approves Proposal For Setting Up 12 GW Solar Projects 

The Scheme will mandate the use of both solar photovoltaic cells and modules manufactured domestically. The Cabinet Committee on Economic Affairs (CCEA) has approved the Ministry of New & Renewable Energy’s (MNRE) proposal for implementation of the Central Public Sector Undertaking (CPSU) Scheme Phase-ll for setting up 12,000 MW grid-connected Solar Photovoltaic (PV) Power Projects, […]

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With 10 GW targets for 2019 in Wind and Solar, SECI has its task cut out

The focus this year will be on storage, and possibly, hybrid ‘wind-solar’ projects. After a rather ‘disappointing’ 2018, when large cancellations made an appearance for the first time, besides the uncertainty around GST, duties, and even state level flip flops, 2019 promises to be a tough year for SECI. We look at what it might […]

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ADB Invests $20 Mn to Finance RE Projects in Southeast Asia

Proceeds of the bonds will finance renewable energy projects in the Asia and Pacific region, including Vietnam, the Philippines, and Indonesia. The Asian Development Bank (ADB) has invested $20 million in the maiden climate bond issuance of AC Energy, a wholly-owned subsidiary of Ayala Corporation in the Philippines. ADB is an anchor investor in the […]

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Abu Dhabi Commissions World’s Largest Storage Battery

The battery could potentially power the city of Abu Dhabi for six hours in case of a failure in the main grid. Otherwise, it will serve a function as a load balancer for the network. Abu Dhabi has commissioned a grid-scale deployment of a sodium-sulphur storage battery with a capacity of 108 MW/646 MWH battery […]

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CERC Issues Order to Optimise ISGS Schedules in India, Reducing Generation Costs

The CERC in its order has stated that the pilot for the SCED will be implemented by POSOCO with effect from April 1, 2019. The Central Electricity Regulatory Commission (CERC), after reviewing proposals made by the Power System Operation Corporation (POSOCO) on “Security Constrained Economic Dispatch (SCED) of Inter-State Generating Stations pan India,” has issued […]

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Work Begins on Solar Plant at Kozhikode Railway Station

From the Southern Railways, REMCL aims to generate upwards of 4 MWp electricity from its rooftop structures. In line with the Indian Railways objective to become self-reliant for meeting its energy needs from clean energy sources, work on the 100 kW solar plant at the Kozhikode Railway station has commenced. The project is conceived by […]

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EBRD & GCF Provide $50.4 Mn for Solar Project in Kazakhstan

The new plant will generate over 102 GWh of electricity per year and will help reduce CO2 emission by 86,000 tons per year. Renewable power generation is set to play a greater role in Kazakhstan’s energy mix as a result of financing led by the European Bank for Reconstruction and Development (EBRD) for the construction of […]

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