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renewable energy

BloombergNEF Awards Sungrow 100% Bankability Rating

Sungrow has been rated “100% bankability” by BNEF, demonstrating that projects with its inverters are more likely to obtain non-recourse debt financing from banks Sungrow, one of the leading global inverter solution supplier for renewables, has announced that it was rated “100% bankability” by BloombergNEF among inverter firms in its latest survey, demonstrating that projects […]

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Gujarat Allows Discoms to Fulfill RPO by Purchasing Power From Small Solar Projects

Gujarat Electricity Regulatory Commission has granted permission to state Discoms to procure power from small solar projects to meet their RPO The Gujarat Electricity Regulatory Commission (GERC) has in its latest order granted permission to the Gujarat Urja Vikas Nigam Limited (GUVNL) and the other state Discoms to procure power from small solar projects of […]

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Vestas Earnings dip While Recording Highest Quarter Intake and Order Backlog

Vestas revealed that revenue and earnings decreased while the highest ever quarterly order intake and combined order backlog at an all-time high level. Vestas has revealed that revenue and earnings decreased compared to last year’s second quarter while free cash flow improved. Highest ever quarterly order intake and combined order backlog at an all-time high […]

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Solar Plates on all Government Installations: Bihar Deputy CM

Bihar Deputy CM Sushil Kumar Modi has said that solar plates will be installed on government installations to promote solar power generation in the state. Bihar Deputy Chief Minister Sushil Kumar Modi has said that solar plates will be installed on government installations to promote solar power generation in the state. “A tender has been floated to install 250 MW solar power […]

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Solar Can Go Subsidy Free in China, Finds Study

In a study that puts the incredible drop in solar prices in context, a study by researchers in China and Sweden has concluded that 344 prefecture level Chinese cities can afford to buy solar powered electricity at a price lower than the existing grid.  The paper was published in Nature Energy, a British peer reviewed […]

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Japan’s GPIF and ADB Partner to Finance Green Projects

ADB and Japan’s GPIF recently formed a partnership to support green project financing through investments in ADB’s green bonds. The Asian Development Bank (ADB) and Japan’s Government Pension Investment Fund (GPIF) recently formed a partnership to support green project financing through investments in ADB’s green bonds. “We are pleased to collaborate with GPIF on this […]

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Macquarie to Acquire 40% of Iberdrola’s 714 MW Scottish Offshore Wind Farm

Macquarie Green Investment Group has entered into an agreement to acquire a 40% stake in the East Anglia ONE offshore wind farm from Iberdrola Macquarie Green Investment Group (GIG) has entered into an agreement, subject to the satisfaction of customary completion conditions, to acquire a 40 percent stake in the East Anglia ONE (EA1) offshore […]

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Resiliency to Drive US Microgrid Growth: WoodMac

A new report has predicted that the US microgrid industry may find substantial future growth in areas that are repeatedly affected by power outages, as customers seek out resiliency solutions. The U.S. microgrid industry may find opportunities for substantial future growth in geographical areas that are repeatedly affected by power outages, as customers seek out […]

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SECI’s 1200 MW ISTS-V Solar Tender Undersubscribed

SECI’s ISTS-V solar tender which was issued seeking to award projects worth 1200 MW has received bids only for half the tendered capacity. The Solar Energy Corporation of India (SECI’s) had issued an RfS (ISTS-V) for setting up of 1200 MW solar power projects in India in July. The tender, which was issued seeking to […]

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