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renewable

SA Signs Renewable Energy Deals with IPP

The signing of PPAs for the 27 mostly solar and wind projects were held up for more than two years under ousted President Jacob Zuma, who favoured a plan to build additional nuclear power plants. In the first major investment contract under President Cyril Ramaphosa, South Africa has signed the long-delayed renewable energy contracts worth […]

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Nuclear Power and Renewables Propelling Clean Power Generation

The highlight of the ‘Paris Agreement’ at the United Nation’s COP21 global climate conference held in late-2015 was its ‘binding’ aspects for the signatory countries. Although partial in their scope, these constitute a more decisive step compared to the earlier global climate summits. To make the emission reduction commitments made by nations, called ‘Intended Nationally […]

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Avista Introduces Solar Select Renewable Energy for Large Business Customers

Avista’s interest in the development of a voluntary commercial solar program is consistent with the Company’s ongoing commitment to provide customers with renewable energy choices. Avista is pleased to announce it will be bringing a new renewable solar energy project to its large commercial and industrial electric customers in Washington. The Solar Select program is […]

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Nextera Energy to Sell its Canadian Renewable Portfolio

An affiliate of NextEra Energy Resources will continue to operate all of the facilities included in the transaction under a 10-year services agreement with CPPIB. NextEra Energy Partners has signed a definitive pact with Canada Pension Plan Investment Board (CPPIB) for the sale of its wind and solar generation portfolio in Canada, for about USD 582.3 million. […]

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India Must Strengthen Grid Infra to Boost Renewable Energy: IRENA

IRENA Director-General Adnan Z Amin says the main constraint in India right now is the grid. There is a huge upsurge in investment,” he said of the renewable projects being implemented in the country. India must strengthen grid infrastructure to support its “strong push” towards renewable energy especially solar, said the head of the International […]

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Fossil Fuels Dominance Shrank on Renewables’ Cost Reduction, Says BNEF

The report on the levelized cost of electricity (LCOE) for all the leading technologies states that fossil fuel power is facing an unprecedented challenge in all the three roles it performs in the energy mix – supply of ‘bulk generation’, supply of ‘dispatchable generation’, and provision of ‘flexibility’. After significant reduction in the cost of wind, solar […]

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Mahindra Renewables gets Rs 750 cr Assistance from Yes Bank for Rewa Solar Proj

This project also demonstrates Mahindra Group’s commitment and focus towards renewable energy by partnering with leading banks like Yes Bank, which has a significant renewable energy footprint, says Zhooben Bhiwandiwala. Mahindra Renewables has achieved financial closure for its 250 MW solar power project, to be located in Rewa district of Madhya Pradesh with Yes Bank for […]

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India, France ink Renewable Energy Contracts under ISA Umbrella

In new & renewable energy sector, India’s one of the leading solar manufacturer and EPC player Vikram Solar has signed a collaboration pact with the French Alternative Energies and Atomic Energy Commission (CEA). Under the umbrella of International Solar Alliance (ISA), Indian and French companies have signed various business contracts and agreements in the new […]

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Policy measures for promotion of new & renewable energy

Total capacity of 65 GW renewable energy installed in the country so far The Government of India has undertaken a number of policy measures for increasing share of renewable energy in India’s energy mix. These, inter-alia, include: a) Provision of Renewable Purchase Obligation (RPO) under the National Tariff Policy; b) Notification of the long term […]

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