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Delhi Discoms Penalised for Defaulting on RPOs

DERC has imposed penalties to the tune of Rs 1.71 crore on discoms TPDDL and Rs 2.88 crore each on BYPL and BRPL for defaulting on their RPOs Delhi’s power regulator, the Delhi Electricity Regulatory Commission (DERC) has imposed penalties to the tune of Rs 1.71 crore on discoms TPDDL and Rs 2.88 crore each […]

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Hanergy Commences HanTile Production Line in China; World’s First

Moreover, the company claimed that it’s eyeing HanTile market scale of trillions. Hanergy Mobile Energy Holding Group, a leader in clean energy technology, has recently commenced the operation of the world’s first automated HanTile production line in China. This automatic production line has been setup at Guiyang Mobile Energy Industrial Park in southwest China’s Guizhou Province. […]

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58/100. India’s Likely Target Achievement on renewables in 2022

A Crisil Note just predicted a shortfall of 42% on India’s renewable energy targets. However, don’t expect the government to react with much activity to this. For, besides election to two states that are coming up, it is becoming increasingly clear that the central government’s hands are  tied , when it comes to sustaining the […]

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RK Singh Okays Amendments in EV Charging Guidelines to Ease Concerns

BEE has been nominated by the power ministry as the Central Nodal Agency to facilitate the installation of charging infrastructure. In order to provide much-awaited relief to the electric vehicle (EV) owners in the country, Power Minister RK Singh has provided his consent for needed amendments in the EV charging guidelines and specifications. The Ministry […]

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Neoen Issues €200 mn Bond Targeting 5 GW RE Capacity by 2021

Neoen has launched €200 million in senior bonds to finance growth towards the 2021 capacity target of more than 5 GW under construction or in operation French renewable energy producer Neoen has announced the successful launch of an offering of senior unsecured bonds for a maximum nominal amount of Euro 200 million. The company has […]

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Equinor Sells 25% Stake German Offshore Wind Farm for €500 mn

Equinor has sold a 25 percent ownership interest in the Arkona offshore wind farm to Credit Suisse Energy Infrastructure Partners for EUR 500 million. Norwegian multinational energy company Equinor has announced that it has entered into an agreement for the sale of 25 percent ownership (94-95 MW) interest in the Arkona offshore wind farm off […]

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Final Turbine Installed at Ørsted’s Largest Offshore Wind Farm

Ørsted has announced that the final wind turbine of 174 has been installed at the world’s largest offshore wind farm Hornsea 1. Ørsted has announced that the final of 174 wind turbines has been installed at the world’s largest offshore wind farm Hornsea 1. The component load-out took place at Siemens Gamesa Renewable Energy’s factory […]

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India, US to Launch Clean Energy Initiative Targeting the Indo-Pacific Region

India and the US will launch a new initiative for clean energy to fuel economic growth in the strategically-important Indo-Pacific region India and the US will launch a new initiative for clean energy to fuel economic growth in the strategically-important Indo-Pacific region where China has been trying to expand its sphere of influence, the US State Department has said. […]

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Vestas Unveils Wind Turbine Contracts Worth 1316 MW in the US

Vestas has announced the signing of 5 new wind turbine delivery agreements in the US worth a combined capacity of 1316 MW Vestas has announced the signing of multiple new wind turbine agreements for projects due to be developed in the United States (US). In total, the company has announced 5 deals worth a combined […]

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