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solar energy projects

Vestas Secures 1st Order Worth 201 MW for new V155-3.3 MW Turbine in China

Vestas has secured the first order for 61 of its new V155-3.3 MW turbines for two wind power projects in China that totals 201 MW. Vestas has secured the first order for the V155-3.3 MW turbine variant for two projects in China that totals 201 MW. The order includes the supply of 61 turbines and […]

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UK the Global Hotspot, but Offshore Wind Potential is Spread Globally

The UK has cemented its status as the global market leader in offshore wind, according to an analysis which puts it on top, followed by Taiwan and the US The United Kingdom (UK) has cemented its status as the global market leader in offshore wind, according to an analysis released by the Renewables Consulting Group […]

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IFC Invests $200 Mn in Africa’s Largest Green Bond

IFC, an arm of World Bank, has invested about USD 200 million recently in the green bond issuance of Standard Bank of South Africa placed on the London Stock Exchange (LSE). Standard Bank Group is the largest African bank by assets having presence across 20 African countries. This is Africa’s largest green bond and South […]

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Power Trade at IEX Grew by 57% in February, REC Sales Increased

The volume of power traded at IEX grew by 57% in February, mainly due to Discoms opting for replacement of costlier power with exchange-based procurement. The volume of power traded at the Indian Energy Exchange (IEX), the country’s largest online electricity platform, grew by 57 percent to 4,516 million units in February this year. IEX […]

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Rosatom’s 1st and Russia’s Largest Wind Farm Begins Supplying Electricity

The largest wind farm in Russia has begun supplying electric power and capacity to the Wholesale Electricity and Capacity Market The largest wind farm in Russia has begun supplying electric power and capacity to the Wholesale Electricity and Capacity Market. The Adygea Wind Warm is the first completed project of NovaWind JSC (the ROSATOM division […]

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Sterlite Power Secures Rs 2,024 Cr Funding from IndusInd Bank, L&T Infra for Transmission Project in Gujarat

Global player in the power transmission space Sterlite Power has secured funding for about Rs 2,024 crore for its power transmission project in Gujarat. The company said that, it has achieved financial closure for its Lakadia Vadodara Transmission Project Ltd (LVTPL). It further added that, we have secured funds worth Rs 2,024 crore from IndusInd […]

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Slow Progress in January 2020, Indicates MNRE Report to Cabinet

In it’s report for the month of January 2020, the Ministry of New And Renewable Energy has seen fit to highlight the following key points for the month of January 2020. The report is a document generated for each month, and supposed to be followed  by most ministries. MNRE, we are happy to share, is […]

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No Compulsion to Import Modules From China Amid Coronavirus Outbreak: RK Singh

India’s solar industry is under no compulsion to import solar modules from China following the coronavirus outbreak, Power Minister RK Singh has said India’s solar industry is under no compulsion to import solar cells or modules from China following the coronavirus outbreak, power and new & renewable energy minister RK Singh has said. “The solar […]

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CERC Approves Tariff of Rs 2.79/kWh for 480 MW Wind Power

CERC has approved the petition filed by SECI for the adoption of tariff for 480 MW wind power projects (Tranche-VII) through a competitive bidding process. The Central Electricity Regulatory Commission (CERC) has in its latest order approved the petition filed by the Solar Energy Corporation of India (SECI) for the adoption of tariff for 480 […]

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