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renewable energy

World’s Largest Solar Battery Plant to Come Up in LA

8Minute, the largest independent solar company in the US, is planning to build a massive new facility called Eland Solar & Storage Center for its Los Angeles utility. After rejecting 8Minute’s proposal in August this year, the Los Angeles Department of Water and Power (LADWP) last week approved the 400 MW / 1.2 GWh project […]

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Floating Solar to Grow by 22% YoY, Reach 2.4 GW in 2019

According to new research, there will be at least 2.4 gigawatts (GW) of floating solar installed globally by the end of 2019. Although floating solar systems typically involve higher costs than traditional ground mount arrays, project sizes are increasing, which will bring costs down. According to the latest research, the global average project size of […]

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After a Slow 2018, IEA Expects 200 GW of RE Additions in 2019

After stalling last year, capacity additions of renewable power are set to bounce back with a 12 percent growth rate in 2019 to reach nearly 200 GW, according to the IEA. After stalling last year, global capacity additions of renewable power are set to bounce back with double-digit growth in 2019, to reach nearly 200 […]

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Adani Acquires Transmission SPV Linked With RE Projects in Rajasthan

Adani Transmission has acquired Bikaner-Khetri transmission project in Rajasthan from PFC Consulting, through a tariff-based competitive bidding process. Adani Transmission Ltd (ATL) has acquired Bikaner-Khetri transmission project in Rajasthan from PFC Consulting, according to a regulatory filing. Adani Transmission won the project linked to renewable power generation in Rajasthan through a tariff-based competitive bidding process. ATL signed a share purchase agreement with PFC Consulting […]

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HPCL Floats Tender for 980 kW Solar Plants at 2 Terminals

HPCL has tendered for setting up of 980 kW solar projects at two of its terminal in Secunderabad and Bhatinda. Hindustan Petroleum Corporation Limited (HPCL) has issued a tender for setting up of solar PV systems worth a cumulative 980 kW at two of its terminal in Secunderabad, Telangana and Bhatinda, Punjab. The scope of […]

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MERC Approves Petition Seeking Deviation in PPA/PSA for 252 MW Solar Projects

MERC has approved the plea’s made by MSPGCL for seeking deviations in the PPA and approved PSA for the 252 MW out of 302 MW solar projects   The Maharashtra Electricity Regulatory Commission (MERC) has in its latest order approved the plea’s made by the Maharashtra State Power Generation Co. Ltd. (MSPGCL) for seeking deviations […]

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SECI Signs PSA’s Worth 930 MW With Multiple State Discoms

SECI has signed three PSA for the supply of 930 MW renewable power The Solar Energy Corporation of India (SECI) has announced the signing of multiple Power Sale Agreements (PSA) worth 930 MW with three Discoms from Rajasthan, Uttar Pradesh and Kerala. The first PSA and the latest agreement has been signed between SECI and […]

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EDP Issues EUR 600 Million Green Bond

EDP has priced an issuance of green bonds of € 600 million, the proceeds of which will be used for the financing or refinancing its green project portfolio EDP Finance BV has priced an issuance of a green bond in the total amount of EUR 600 million maturing in September 2026 with a coupon of […]

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US Residential Storage Market Sees Record Growth in Q2 2019

A new analysis has revealed that a record 35 MW of residential storage was deployed in the US in Q2 of 2019, more than in any other quarter on record A new analysis has revealed that a record 35 megawatts (MW) of residential storage was deployed in the US in the second quarter (Q2) of […]

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