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EDP Renewables Gets PPA for 490 MW in Colombia Auctions

EDP Renewables has secured two 15-year PPA at the recent renewable auction organised by the Colombian Government. EDP Renewables (EDPR) a global leader in the renewable energy sector and one of the world’s largest wind energy producers, has secured two 15-year Power Purchase Agreements (PPA) at the recent renewable auction organised by the Colombian Government. […]

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STMicroelectronics Posts Q3 Net Revenue at $2.55 Bn

For the full year 2019, we expect net revenues at the mid-point to be about USD 9.48 billion, accompanied by a double-digit operating margin performance, said the company spokesperson. One of the leading semiconductor provider STMicroelectronics (ST) has reported marginally higher net revenue by 1.2 percent at USD 2.55 billion during the third quarter of […]

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Storage Subsidies. With or Without Renewables?

The Award of the Nobel Prize in Chemistry to three scientists who have played a key role in the development and commercialisation of Lithium storage batteries, is a true indicator of the critical role of storage today. More so at a large scale now. The changes happening on the Energy storage subsidy front in the […]

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Growth of Renewables Could Boost Green Hydrogen Production: Report

The production of green hydrogen could compete with fossil fuel-based hydrogen by 2030 in certain countries, should power prices for renewables reach USD 30 per MWh A new report has revealed that the production of green hydrogen could compete with fossil fuel-based hydrogen by 2030 in Australia, Germany and Japan, should power prices for renewables reach USD […]

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EV Connect Secures $12 mn in Funding Led by Japan’s Mitsui

EV Connect, which has developed cloud-based solutions to expand the world’s EV charging ecosystem, has secured USD 12 million in funding led by Mitsui EV Connect has announced that it has closed a USD 12 million Series B funding round. Lead investors, Mitsui and Ecosystem Integrity Fund, are joined by other venture investors to support […]

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Pre-Bid Meetings and Deadlines for 4 Tenders Rescheduled

SECI has announced the rescheduling of pre-bid meetings for 3 of its latest tenders and the extension in the bid submission deadline for another The Solar Energy Corporation of India has announced the rescheduling of pre-bid meetings for three of its latest tenders, and the extension in the bid submission deadline for another tender. The […]

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SECI Issues RfS for 400 MW ‘Round-the-Clock’ RE Power

SECI has issued its RfS for the “Round-the-Clock” supply of 400 MW renewable energy to NDMC and Dadra & Nagar Haveli. The Solar Energy Corporation of India (SECI) has issued its Request for Selection (RfS) document for the selection of renewable energy developers for “Round-The-Clock” supply of 400 MW renewable energy to the (200 MW) […]

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EDPR, Aker Solutions to Develop 500 MW Floating Wind Farm in S Korea

WindPower Korea, EDPR and Aker Solutions have formed a consortium to develop an initial 500 MW floating wind farm off the coast of South Korea WindPower Korea, EDP Renewables (EDPR) and Aker Solutions have formed a consortium with the ambition to develop an initial 500 MW floating wind farm off the coast of Ulsan Metropolitan City […]

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Spain’s Ingeteam Secures R&D Loan from EIB

EIB will finance Ingeteam’s innovative activities by providing a EUR 70 million Innovation Loan under the Investment Plan for Europe. The European Investment Bank (EIB) will finance the innovative activities at Ingeteam by providing a EUR 70 million Innovation Loan under the Investment Plan for Europe. The goal of the agreement is to support Ingeteam’s research, development […]

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