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solar and wind

China, US & France Top 3 Markets for RE, India Slips to 4th: Report

China and US held the top 2 attractive markets’ status for Renewable energy according to EY index while India drops its third position. China and the US remained the most attractive markets for renewable energy in Ernst & Young’s 53rd edition of the Renewable Energy Country Attractiveness Index (RECAI). The next spot was held by France which ranked third […]

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Impact of Smart Charging EVs on the Energy Transition

The International Renewable Energy Agency (IRENA) recently issued its review analysis on the potential and impact of smart charging electric vehicles on the energy transition. Today the average car runs on fossil fuels, but growing pressure for climate action, falling battery costs, and concerns about air pollution in cities, has given life to the once […]

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Powergrid Restores Power Supply in Cyclone-hit Odisha

State-run Power Grid Corporation of India Ltd (Powergrid) has announced that it has helped state utilities restore electricity supply in cyclone-hit Odisha.  Cyclone Fani on May 3, 2019, caused massive damage to power supply infrastructure in coastal Odisha, uprooting lakhs of electric poles, transformers and collapse of towers, Powergrid said in a statement.  “Powergrid has helped restore power with […]

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APICORP Signs $75 Mn Financing Facility with Saudi Renewable Firm Alfanar

The 5-year financing facility has been initially designed to support the Saudi-based renewable energy developer’s renewables energy projects, most notably the wind project it is currently developing in Spain. The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, has signed a strategic five year Murabaha financing facility worth USD 75 million with Alfanar […]

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Fresh hit to Bhadla from May 11 storm. Worrying Situation for Top Developers

The Bhadla Solar Park in Rajasthan, which saw some damage to installations in the recent storm on April 17, took yet another hit, this time with more damage, from a storm on May 11. That could mean some serious rethink for developers on their installation specifications. When the April 17 storm hit Bhadla Solar Park […]

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EBRD to Invest $100Mn in Turkish Renewable Firm

With EBRD funds, the company plans to invest in wind farms and solar projects with a combined capacity of up to 250MW. In a new boost to Turkey’s renewable energy sector, the European Bank for Reconstruction and Development (EBRD) is investing US$ 100 million in a stake of Ictas Surdurulebilir Enerji Yatirimlari (Ictas Energy), the […]

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Arctech Launches New Single-Axis Tracker ‘SkySmart-2’

The world’s first tracking system compatible with 1500V four-string systems. Arctech Solar, a leading solar tracking and tracking system provider, has launched its latest research achievement SkySmart-2, the industry’s first independent single-axis tracking system which introduces multiple fans driving up to 120 solar modules. It can solve the instability problem of regular 2P (two modules […]

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Amsterdam’s Largest EV Charging Network to Run on RE

The innovative solution enables faster charging, maximal use of renewable electricity and more efficient use of the electric grid in Amsterdam. Vattenfall and the City of Amsterdam, have together launched Flexpower, the largest public smart charging network for electric vehicles in Amsterdam. Operated by Vattenfall, a total of 456 charging stations with 912 charging points […]

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CERC Finds Rs 3.60/kWh as the National Average Power Purchase Cost

The APPC shall be applicable during FY 2019-20 and until further orders for the purpose of deviation settlement in respect of the open access and captive wind and solar generators fulfilling the requirement of regional entities. The Central Electricity Regulatory Commission (CERC) has found the Average Power Purchase Cost (APPC) at the national level to […]

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