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Microsoft Signs Purchase Agreement For 90 MW Wind Power with Eneco

Microsoft Corp. has announced a new wind energy agreement in the Netherlands. Microsoft will purchase 90 MW from the massive 731.5 MW offshore wind project, Borssele III/IV, from Dutch sustainable energy company and wind farm developer Eneco. Eneco will provide Microsoft’s datacenters with green power for 15 years starting in 2022. This is Microsoft’s second purchase of wind […]

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Kerala Commission Orders State Discom to Clarify PPA Arrangements For Wind Project

The Commission noted that both the parties need to arrive at a consensus for getting the approval of the PPA to be entered, and regarding the tariff, commercial operation date. The Kerala State Electricity Regulatory Commission (KSERC) recently held a hearing for a petition filed by Kosamattam Finance Ltd. (KFL) regarding the project tariff period, […]

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Missing The Sunshine – Mini Grids in India

Even as the solar story develops in India, there is a part of the sector that has quietly been working and making an impact in its own way. Yes, Mini Grids and even micro grids, in the limited opportunities they have had in the country, have made a strong case for themselves. Serving areas that […]

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Danish Renewable Energy Infrastructure Fund Closes on $700 Mn

Copenhagen Infrastructure Partners (CIP) new fund, the New Markets Fund I, which will invest in renewable energy infrastructure targeting fast-growing major new economies primarily in Asia and Latin America, reached the first close of USD 700 million. “Obtaining first close commitments of USD 700m from a group of leading Nordic investors is an important proof […]

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Interview with Manish Gupta, Managing Director, Insolation Energy Pvt Ltd

Industry Needs Some Breathing Space in Terms of Prices to Grow   Cost of module is really the toughest part of the business. We have maintained low prices despite an increase in RM cost. We are managing by increasing the capacity so that fixed costs are reduced and by high volume procurement we have been […]

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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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SECI Extends Deadline For 3 GW Manufacturing Linked Tender

The deadline for submission has been extended from May 14, 2019, to May 31, 2019. The Solar Energy Corporation of India (SECI) has extended the deadline for bid submission on its tender for setting up 3 GW ISTS-Connected solar PV power plant linked with setting up of 1.5 GW (per annum) solar manufacturing plant. The […]

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Global Energy Investment Stabilised in 2018 with Oil & Coal Supply Bouncing Back

A new report has revealed that the global energy investment stabilised in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables. The International Energy Agency’s latest annual review, published in its World Energy Investment Report 2019, reported a […]

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