SUBSCRIBE NEWS LETTER

seci

Solar Tariffs in India Stabilizes at Lower Rates than Thermal, Coal

The current tariffs in the solar sector in India which are hovering around Rs 2.50-2.87/kWh have stabilised at rates about 20 percent to 30 percent below the cost of existing thermal power in India, and up to half the price of new coal-fired power, said the study. The study, which was undertaken by IEEFA and […]

Read more

ONGC and NTPC to Form JV for Renewable Energy Business

ONGC and NTPC ltd are planning to set up a JV company to explore offshore wind projects amongst other renewable projects in India and abroad. #ONGC and @NTPClimited signed an MoU today to set up a Renewable Energy JV. It was signed by ONGC Director (Fin) In-charge Business Development & Joint Ventures Subhash Kumar and […]

Read more

GE Renewable Energy Wins Gujarat’s 102.6 MW Wind Project from Powerica

USD 15 billion wind energy giant GE Renewable Energy on Thursday said that it has won the 102.6 MW of wind turbine project in Gujarat from Naresh Oberoi-led Powerica Ltd. As per the deal, GE will supply 38 of its 2.7-132 onshore wind turbines, designed for low wind speed conditions, to be installed at the […]

Read more

Vistra Energy to Expand its 300 MW BESS Facility in California

Vistra Energy has announced that subject to approval by the CPUC, it will expand the size of the BESS at its Moss Landing site in Moss Landing, California. Vistra Energy has announced that subject to approval by the California Public Utilities Commission (CPUC), it will expand the size of the battery energy storage systems (BESS) […]

Read more

Shocker! ACME Bows Out From Rajasthan Project With Record Low Tariffs

After surprising the world, and setting the stage for a period of record low tariffs in India with its bid at Rs 2.44 kWh for a SECI project in Rajasthan, the winner, ACME Solar, has opted to cancel the project.  It had won the 600-Mw project in Rajasthan at a historic low rate of Rs […]

Read more

The Power Minister and Power Honchos In Virtual Open House. Report

At a virtual meet organized by the Confederation of Indian Industry (CII) today, Shri R.K. Singh, Minister for Power, New and Renewable Energy joined leaders from the power sector for a frank and open discussion on the key issues facing the sector. Broadcast live on Youtube, the discussion made for a great example of engagement […]

Read more

Top 10 States for Renewable Energy Installations in Last 4 Years

A list of the top 10 states that have implemented the maximum amount of renewable energy projects in the last four years. As part of Intended Nationally Determined Contributions as per the Paris Accord on Climate Change, India has undertaken to install at least forty percent of its total electricity generation capacity from non-fossil fuel […]

Read more

3.35 GW of Wind Capacity Auctioned in the Q1 2020; 1.2 GW in India

GWEC has published its first quarter wind auction database, reporting that a total of 3.35 GW of wind power capacity was auctioned in the period. The Global Wind Energy Council (GWEC) has published its first quarter wind auction database under its Market Intelligence’s services. The database reveals that from January to April 2020, a total […]

Read more

Sembcorp, PUB Ink 25-Yr PPA to Build Largest Floating Solar Plant in S’pore

With an aim to support Singapore’s 2 GWp target of installed solar capacity by 2030, Sembcorp Industries has entered into a 25-year power purchase agreement (PPA) with PUB, Singapore’s National Water Agency, to develop the country’s largest floating solar plant. As per the deal, Sembcorp through its arm Sembcorp Floating Solar Singapore will develop a 60 […]

Read more
      SUBSCRIBE NEWS LETTER
Scroll