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ICRA Predicts 16 GW Capacity Addition For RE In FY23

The outlook for the capacity addition in the renewable energy (RE) sector remains strong with a large project pipeline of over 55 GW and the highly competitive tariffs offered by these projects. The commitment to climate change goals announced by the Prime Minister at the recent COP26 summit, including increasing the non-fossil power capacity to […]

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Solar Cleaning Firm Ecoppia Reaches 3 GW Milestone

Ecoppia, the cloud based, water free robotic cleaning solutions firm for photovoltaic solar, has announced a key milestoneof crossing a project portfolio of 3,000MW, cleaning over 4.8 billion panels till date. This significant milestone aligns with Ecoppia’s global expansion activities into new geographies, answering the burning need for truly autonomous robotic solutions in dry regions. With […]

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Spanish Renewables Tender for CSP, Biomass to be Out in April

The Spanish government will release its next renewable energy tender in April 2022 to award 500 MW to mostly solar and biomass-based projects, the ministry for the ecological transition has announced. The ministry put the proposal for the auction terms to public consultation until January 21. The plan is to hold the event on April […]

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Could 2022 be Offshore Wind’s Year Of Acceptance and Growth?

In our year end specials, we caught up on two key developments in the offshore wind space. ‘Farms’ located over 70 kms from shore, in China and in Europe, supplied their first power, and in the new year, are expected to go online formally. That these are located in two of the world’s key regions […]

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Poland Awards 870MW Solar & 460MW Wind Capacity in RE Auctions

The Energy Regulatory Authority (URE) of Poland has selected 1.33 GW of solar and wind power capacity in 3 renewable energy auctions held in December 2021. Solar’s share is 870 MW of the total. Out of 5 auctions held in this month, only 3 were concluded, according to the URE, but all for new installations. […]

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Andhra Govt Finally Withdraws 6400 MW Tender, Sticks With Buy From SECI

In a move that was widely expected for the past few months, the Andhra Pradesh government has dropped its  6400 MW solar tender. the state government had tried to pull off its own tender with conditions separate from central tenders, to prove a point about its claim of paying too high a price for previous […]

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Octopus Energy, Sterlite Power Sign MOU For Green Power Systems

UK based  1.2 billion pound sterling energy group Octopus Energy Group, which has over 3 million customers in the UK has entered into an MOU with leading Indian power transmission player Sterlite Power. The agreement aims to help decarbonise Indian industry and bring cheaper green power to consumers around the world. The Memorandum of Understanding […]

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Acquisitions in India’s RE sector Up Over 300% in Value terms in 2021

The total value of acquisitions in India’s renewable energy sector surged by more than 300% to $ 6 billion in the first ten months of 2021 (till October) from less than $1.5 billion reported in 2020, according to an independent study released today by the CEEW Centre for Energy Finance (CEEW-CEF) and the International Energy […]

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Curbs On China Imports Fail To Slow Down Solar Imports For US In 2021

A research report from Rystad Energy lays bare the failure of US efforts to reduce dependence on Solar Imports, especially by curbing imports from China. According to the report, the US is on track to import a record 27.8 gigawatts (GW) of solar PV panels in 2021 from a range of countries, up from 26.7 […]

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