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solar and wind

PPA For 250 MW Wind Farm Signed in Egypt

The project will produce more than 1000GWh a year, powering the equivalent of over 350,000 homes in Egypt. Lekela, the renewable power company that delivers utility-scale projects across Africa, has signed a power purchase agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for its 250MW wind farm project in the Gulf of Suez, near […]

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Cost of Solar Power to Drop to Rs 1.9 Per Unit by 2030: Report

By 2030, the report predicts the cost of wind and solar to be between Rs 2.3-2.6/kWh and Rs 1.9-2.3/kWh, while the cost of storage is expected to fall by about 70 percent. The cost of generation of solar power is set to fall to as low as Rs 1.9 per unit over the next decade through 2030 in India with […]

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NIWE Issues Tender For 2 MW Solar Plant at IIM Tiruchirapalli

The last date of bid submissions is March 1, 2019. The National Institute of Wind Energy (NIWE) has launched a tender to develop a 2 MW solar project at the Indian Institute of Management (IIM) in Tiruchirappalli, located in the state of Tamil Nadu. The brief scope of work for the selected bidder will include […]

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Biggest Offshore Wind Farm to Power Up this Week

When completed will be twice the capacity of the world’s largest offshore wind farm. Danish wind energy solutions provider, Ørsted, has announced that its Hornsea 1 wind farm off the coast of Yorkshire (Britain) is to supply its first power to the UK electricity grid this week. The Danish developer will be installing the first […]

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Africa and Middle East Installed 962 MW New Wind Capacity in 2018

The report forecasts that a further 6.5 GW capacity will be added by 2023. According to the latest data released by the Global Wind Energy Council (GWEC), countries in Africa and the Middle East region installed 962 MW of new onshore wind power capacity in 2018, an increase of more than 300 MW compared to […]

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SECI Issues NIT For 2 MW Solar Projects in J&K

NIT for setting up of 2 MW solar PV plant at army posts in Jammu and Kashmir issued by SECI. The Solar Energy Corporation of India (SECI) has issued a Notice Inviting Tenders (NIT) for development of a 2 MW solar PV plant at Army Posts in Jammu and Kashmir. The NIT for the selection […]

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India May Fall Short of its 100 GW Solar Ambitions: Wood Mackenzie

India’s installed grid-connected power generation capacity increased 4 percent from January to October 2018 to reach 347 GW. India may fall well short of its 100 GW solar by 2022 target as it faces short-term uncertainty due to the imposition of various taxes, according to research and consultancy firm Wood Mackenzie. Renewables accounted for 9.7 […]

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EIB Approves Euro 1670 Million Fund For Strengthening Sustainable Transport and Clean Energy Investments

The investments in renewable energy initiatives are a part of the bank’s programme that saw EUR 4.8 billion of new financing. The European Investment Bank (EIB) has approved a total of EUR 1670 Million for strengthening sustainable transport and supporting the development of renewable energy in Europe, Africa, and Asia. The EIB-backed financing will support […]

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Nine Developers Pitch In For SECI’s 1.2 GW ISTS Wind Tender

SECI’s Tranche 6 Wind Energy Tender, for 1.2 GW, saw a return to happy days again, as a total of nine developers made bids totaling 2325 MW for the 1200 MW tender. Softbank promoted SB Energy made the biggest bid for 600 MW, followed by  ReNew Power, EDF, and ENEL who bid for 300 MW […]

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