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Ørsted Reaches Offshore Milestone, Installs 1500th Turbine

Ørsted has reached another milestone in its expanding offshore wind business with the installation of wind turbine 1,500 at the Borssele 1 & 2 project Global offshore wind major – Ørsted has announced that it has reached another milestone in its expanding offshore wind business with the installation of offshore wind turbine 1,500. The firm […]

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Azure Announces Financial Results for Q4 2020, 29% Increase in Revenue

Azure Power has issued its financial results for the fiscal fourth quarter ended March 31, 2020. The firm has reported a 29 percent increase in its revenue. Azure Power,  one of India’s leading independent power producers (IPP) for utility and commercial scale solar PV power plants, has reported its financial results for the fiscal fourth quarter ended March 31, […]

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Huawei Showcases New Product Line Virtually

Huawei, the global inverter market leader, has not allowed the pause in industry events and shows to stop its own product launches and displays. The company organised its first global FusionSolar Smart PV virtual show with a live broadcast to customers and partners in Asia Pacific, Europe, Latin America and the rest of the world […]

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Eneco Agrees PPA for Partial Output From 250 MW Dutch Wind Farm

Eneco has entered into a 15-year PPA recently with SwifterwinT, for the purchase of the power supplied by SwifterwinT’s 37 onshore wind turbines. Eneco has announced that it has entered into a 15-year contract recently with SwifterwinT, for the purchase of the power (PPA) supplied by SwifterwinT’s 37 onshore wind turbines. These turbines will produce […]

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COVID-19 Expected to put Financial Stress on Chilean Discoms & Gencos: GlobalData

With the outbreak of the COVID-19, Chilean Discoms are supplying electricity to the customers despite non-payments from them and hence, the utilities are finding it difficult to pay back to the generators as per the PPAs. With the outbreak of the COVID-19, Chilean distribution utilities (Discoms) are supplying electricity to the customers despite non-payments from […]

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PG&E Gets Approval for Microgrid Proposal from California Commission

The comprehensive and cost-effective microgrid proposals by PG&E, designed to reduce the number of customers affected by PSPS event has been approved. The California Public Utilities Commission (CPUC) has approved the Pacific Gas and Electric Company’s (PG&E) comprehensive and cost-effective microgrid proposals, which are designed to reduce the number of customers affected by Public Safety […]

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Tata AutoComp Finds Partner to set up EV Charging Stations in India

Tata AutoComp Systems has signed an MoU with Tellus Power Green to supply AC and DC Fast Chargers for the entire range of electric vehicles in India. Tata AutoComp Systems, a leading auto-component conglomerate in India has signed a Memorandum of Understanding (MoU) with USA based DC charging infrastructure company Tellus Power Green to supply […]

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RTM Trading to Enable Efficient Price Discovery, Support Grid Balancing, Says ICRA

The recent launch of the real-time market (RTM) for power trading likely to lead to efficient price discovery in the power trading market, said a leading credit rating agency, ICRA. On the other hand, it will also enable power distribution utilities (Discoms) and the open-access consumers to bid for electricity within 1 hour of the […]

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Aalborg CSP Buys Unique PTES Technology from Arcon-Sunmark

Aalborg CSP, a Danish renewable and energy storage specialist, has acquired all rights and patents for the unique Pit Thermal Energy Storage (PTES) technology from Arcon-Sunmark A/S, a solar energy equipment supplier in the country. Now, this patented unique PTES technology, including a unique lid design, will be continued by Aalborg CSP for its global […]

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