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EBRD Grants €48 Mn Loan For 220 MW Wind Project in Poland

The wind farm is expected to make a major contribution to reducing air pollution by replacing 480,000 tonnes of CO2 emissions annually. In its first project in renewable energy in Poland in over three years, the European Bank for Reconstruction and Development (EBRD) has announced that it is supporting the 220 MW Potegowo wind farm […]

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CERC Extends Validity of RECs Due to Expire Between April and October 2019

Central Electricity Regulatory Commission (CERC) has extended the validity period of RECs which were due to expire between April 1, 2019, and October 31, 2019. The Central Electricity Regulatory Commission (CERC) has, in a big move for the renewable energy generators of solar and non-solar projects in the country who are involved in the trading […]

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Ørsted Takes FID on Two Offshore Wind Farms in Taiwan

Denmark-based power company has announced that it has taken the final investment decision (FID) on the Changhua 1 and 2a offshore wind farm in Taiwan.  Prior to the FID, Taiwan’s Ministry of Economic Affairs approved Ørsted’s local supply chain plan, and subsequently, Ørsted has signed a power purchase agreement (PPA) with Taipower at the feed-in-tariff […]

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Siemens Wins Race to Rebuild and Modernise Iraq’s Electricity Grid

Within the implementation agreement, the parties also agreed on the award of contracts valued at approximately 700 million euros for Phase 1 of the Roadmap. German Industrial Conglomerate Siemens has beaten US-based General Electric to rebuild and modernise Iraq’s electricity grid. The German firm has signed an agreement with the Ministry of Electricity paving way […]

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Home-Tech Startup Zunroof Secures $1.2 Mn Funding From Godrej

Gurgaon-based smart energy solutions provider, ZunRoof has raised a fresh round of pre-Series A funding of $1.2 million from Godrej. The company plans to utilise this round of capital for expansion and further strengthen its product portfolio. According to a statement issued by the company, the funding comes at an integral time for it, as […]

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Stable Prices for Lithium Could be Good News for India’s EV dreams

From predictions of prices that would slow down battery development in 2016, to the reality of an almost 50% price drop in 2018, Lithium has been too volatile for comfort. The good news is, the prized metal, on which many EV plans hinge, might just be settling in for a period of stability. Lithium, ever […]

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Ecoprogetti Launches New High-Speed Automatic Bussing Machine

Italian PV production specialists, Ecoprogetti have launched a high-speed automatic bussing machine. Since 2010 the company had developed and supplied its automatic bussing machine for fully automatic lines, and now after continuous improvements and innovations, it has launched the new generation of high-speed automatic bussing, for fully automatic soldering of the interconnections between the strings […]

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Denmark Identifies Areas for 12.4 GW of New Offshore Wind

A study commissioned by the Danish government has identified good locations for 12.4 GW of additional offshore wind capacity, it was announced on last week. According to a statement by Denmark’s Energy, Utilities and Climate Ministry, the designated zones could accommodate between 12 and 15 wind farms, depending on their size. The study has found […]

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Duke Energy Shows Cleaner Energy Mix is Affordable in Annual Report

The company has revealed that it continues to generate cleaner energy at prices below the national average for its 7.7 million residential, commercial and industrial customers. Duke Energy, an electric power holding company based in Charlotte, North Carolina has issued its latest (13th) Annual Sustainability Report – a report card on the company’s progress at […]

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