SUBSCRIBE NEWS LETTER

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EDFR Begins Commercial Operation of 150 MW Merricourt Wind Project

EDF Renewables North America today announced that the 150 megawatts (MW) Merricourt Wind Project achieved commercial operation and has been turned over to Otter Tail Power Company, a subsidiary of Otter Tail Corporation. EDF Renewables developed and managed the construction process for Otter Tail Power under an Asset Purchase Agreement and turnkey Engineering, Procurement, and […]

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Siemens Gamesa Strikes 465 MW Deal in Brazil for its 5.X Turbine Platform

Siemens Gamesa has signed a record order for its sector-leading Siemens Gamesa 5.X platform in a 465 MW deal with a leader in alternative asset management in Latin America, Patria Investments, to supply the São Vitor wind farm in the northeast of the country. The wind farm will be equipped with 75 Siemens Gamesa 5.8-170 […]

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Asia to Remain ‘Mother of Batteries’, Producing 1 TWh pa by 2025: Rystad

In its monthly energy transition report, Rystad Energy has found that Asia, is, and will remain the mother of batteries over the coming decade.  The report details that the world’s current total battery cell production capacity is about to exit 2020 at around 617 gigawatt-hours (GWh) per year. Most of this capacity, 516 GWh, comes […]

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MUFG Gets Green Certification for Softbank’s 900 MW PV Project in India

MUFG Bank has acted as the sole green structuring advisor for a USD 333 million financing deal for SoftBank’s 900 MW solar project in India. MUFG Bank has announced that it has acted as the sole green structuring advisor for a USD 333 million financing deal for SoftBank’s latest and largest solar project in India. […]

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India’s EV Market to Grow at 44 percent CAGR Until 2027: IESA

In its latest report, IESA has forecasted that India’s EV market is expected to grow at a CAGR of 44 percent between 2020-2027. In its latest report, India Energy Storage Alliance (IESA) has forecasted that in its base case scenario – India’s EV market is expected to grow at a CAGR of 44 percent between […]

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700 MW Allocated to Small Scale PV Developers in Poland’s Latest Renewables Auction

In Poland‘s latest renewables auction of the year, the solar grabs 700 MW for small-scale photovoltaic (PV) plants. The country’s Energy Regulatory Office (ERO) reported a minimum price of PLN 228.7/MWh (USD 61.2), while it was PLN 269.0 in the auction held last year. ERO announced the results on 18th December 2020, declaring that or […]

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MG Motor India Joins Hands With TES-AMM to Recycle EV Batteries

MG Motor India announces the tie-up with TES-AMM, a global e-waste recycling, and end-to-end service provider. Strengthening a strong EV infrastructure to facilitate India’s transition to green mobility, this partnership will ensure environmentally-sustainable and secure recycling of MG ZS EV batteries, thus ensuring greater peace of mind to the ZS EV owners about their ecological […]

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E-2Ws saw 2% of Target Sales till September 2020, Under FAME-II: ICRA

ICRA surveyed 16 electric 2 wheeler dealerships, across the country, in November 2020. The Report tells about how the second phase of Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME-II), the flagship scheme of the Government of India to push faster electric vehicle (EV) adoption, managed to achieve only 2 percent of its […]

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