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solar and wind

European Energy Exits 3 Wind Farms in Lithuania

Danish renewable energy developer and financier European Energy has signed an agreement to sell three wind farms in Lithuania with the total capacity of 185.5 MW to a Lithuanian firm. The agreement is expected to be closed by November end. The wind farms are under construction and consist of a total of 34 GE 158-5.5 […]

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Tata Power Q2 Results and Presentation. Profits Strong, Revenues Hit By Thermal Drop

Tata Power Company Limited has reported Consolidated financial results for the period ended September 30, 2021. The firm, at the forefront of the transition to renewable energy from thermal power earlier, has been pushing aggressively to growth capacities, as well as integrate operations around renewable energy. The company reported total income of Rs.10187.33 crores during […]

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Expect Tariff Hike by 20-25 Paise/Unit in Upcoming Solar Bids: ICRA

The increase in module prices and the recent hike in GST rate for solar power equipment from 5% to 12% is likely to increase the tariffs in the forthcoming solar bids by ~20-25 paise per unit from the levels seen over the past six months, finds a new ICRA report. Nonetheless tariffs are likely to […]

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Jack-up Vessel Drops Turbine Parts into Sea at Vattenfall’s Wind Farm

MPI Offshore, an offshore installation service firm owned by Van Oord, last week accidentally dropped three wind turbine blades into the sea, while conducting scheduled maintenance at Swedish energy company Vattenfall’s Ormonde wind farm in the Irish Sea, off the UK. A crewmember caught the incident on video and it has been widely shared on […]

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China’s MingYang Bags 375 MW Wind Project in Vietnam

Chinese turbine maker MingYang Smart Energy has secured a supply contract with PowerChina International Group for the 375 MW Ca Mau offshore wind project in Vietnam. The project is the largest offshore wind power project in Vietnam and the entire Southeast Asia so far. MingYang, which was listed on the New York Stock Exchange from 2010 […]

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India Added >10 GW Solar & Wind Capacity from Jan-Sept’21: Report

From January 2021 till September 2021, approximately 8,811 MW solar capacity and 1,246 MW of wind capacity was added in India, according to a new report by JMK Research. This is about 280% and 101%, respectively, higher compared to the same period previous year. The key reason for the significant increase is the commissioning of […]

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REIL Floats Tender for 7K Monocrystalline/Mono PERC Solar Modules

The Rajasthan Electronics and Instruments Limited (REIL) has released a tender, inviting bids to procure 7,000 solar modules of minimum 380 W to 390 W made from 72 monocrystalline or mono PERC silicon solar cells. The deadline to submit bids is November 01, 2021, at 2 pm. The bids will be opened on the next […]

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Azure Power Wins its First 120 MW ISTS Wind Project with SECI

Azure Power, one of the leading solar power developers in the country, has announced that it has received the letter of award (LOA) for its first wind project, 120 MW ISTS project with Solar Energy Corporation of India (SECI) to supply power for 25 years at a tariff of INR 2.70 per kWh. Azure Power’s […]

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