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Iberdrola Acquires New Mexico and Texas Utility PNM Resources

Iberdrola, through its US subsidiary AVANGRID, has announced the acquisition of PNM, the largest utility in New Mexico with operations in Mexico. Iberdrola, through its US controlled subsidiary AVANGRID, has announced the acquisition of PNM. This friendly transaction, recommended by PNM’s board of directors, will be effected via merger. PNM’s shareholders will receive $4.3 Bn […]

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Engie EPS Unveils Hydrogen-Based Energy Storage System in Greece

Engie EPS has unveiled its hydrogen-based energy storage system built with its proprietary technology in Greece. Engie EPS, has announced the unveiling of the hydrogen-based energy storage system built with its proprietary technology in Agkistro, Greece. The Agkistro site, presented in October in an event attended by numerous representatives of Greek authorities and of the […]

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Andhra Pradesh Planning for 7 Storage Plants Worth Nearly 6300 MW

The Andhra Pradesh Government is planning to set up seven Pumped Hydro Storage Power Projects (PSP) in the state, to balance renewable energy projects. The state government of Andhra Pradesh is planning to set up seven Pumped Hydro Storage Power Projects (PSP) as part of its decision to promote new renewable energy power plants in the […]

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More Jobs, More GDP & Lower Emissions With Green Recovery Plans: Study

If all major nations developed green recovery plans, global emissions would be lower and millions of new jobs would be created in the energy and transport sectors. If all major nations, including India, the US, UK, etc. developed strong plans for a green recovery from COVID-19, global annual emissions would be seven percent lower in 2030 than […]

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Solex Initiates Ground Breaking Ceremony for the Construction of its 1.5 GW PV Module Manufacturing Facility near Surat, Gujarat

Solex Energy earmarked the commencement of this ambitious 1.5 GW solar module manufacturing facility by breaking ground at its factory site near Surat. A few months ago, Solex Energy Limited had announced the expansion of its solar module manufacturing facility to 1.5 GW. The pandemic and the resulting call for being ‘Atma Nirbhar’ had propelled […]

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Inox Wind Bags Wind Turbine Orders Worth 40 MW in Gujarat, Karnataka

Inox Wind has announced new orders for the supply and installation of wind turbine generators of 40 MW capacity from retail customers. Inox Wind, one of India’s leading wind energy solutions providers, has announced new orders for the supply and installation of wind turbine generators of 40 MW capacity from retail customers spread across various […]

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India’s RE Capacity at 89.22 GW, 436 MW Added in September: MNRE

MNRE has informed in its monthly summary that India’s total installed RE capacity reached 89.22 GW by the end of September 2020. The Ministry of New and Renewable Energy (MNRE) has informed that India’s total installed renewable energy (RE) capacity has reached 89.22 GW by the end of September 2020. The information was issued in […]

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AES Gener to add 253 MW RE and 112 MW Storage to the Grid in Chile

AES Gener is incorporating 253 MW of renewable energy and 112 MW of battery storage into the national electricity system of Chile. AES Gener has announced that it recently held the virtual groundbreaking of the projects, Andes Solar II-B and Campo Lindo. The projects will incorporate four technologies, which will allow the incorporation of 253 […]

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State Commission to Conduct Hearing on Mumbai Power Outage on Oct 21

MERC will be making a suo motu hearing on the Mumbai power outage on October 21, 2020. The reasons for the rare citywide power outage will be discussed. The Maharashtra Electricity Regulatory Commission (MERC) has said that it will be making a suo motu hearing on the Mumbai power outage on October 21, 2020. The […]

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