SUBSCRIBE NEWS LETTER

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Statkraft Begins 519 MW Brazilian Wind Farm; It’s Largest Outside Europe

Statkraft has announced the inauguration of its largest wind farm outside Europe – the 519 MW Ventos de Santa Eugênia Wind Complex – that is now coming up in Bahia, Brazil. Also, it is among the first hybrid projects in Brazil once the planned solar farm of 163 MW is added to optimise energy production. […]

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IFC, SIMA Invest $150 mn In Green Bonds For Solar Projects In Africa

International Financial Corporation (IFC), a member of the World Bank Group (WBG), in partnership with Social Investment Managers and Advisors LLC (SIMA Funds or SIMA) and other financiers, has reached the first close of a $150 million solar green bond, which expected to finance productive-use solar projects throughout Africa. The bond is expected to finance […]

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Growatt Supplies Residential PV Solutions To Pune Apartment

Energy solutions company Growatt recently unveiled a 350kW rooftop PV project for a prominent apartment, Rohan Kritika at Pune in Maharashtra. Growatt, meanwhile, has provided products and services to families across 180 countries and regions globally. Last year, they successfully empowered many homes, businesses, and communities in India.  Rohan Kritika has several attractive amenities, tranquil […]

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GoodWe’s India Story Shines With 3GW Milestone, UT350kW Launch

Global inverter major GoodWe, which has over 52GW of installations worldwide, celebrated its India success story in style recently in Bengaluru. At an exclusive event titled “Unveiling a New Era in Solar Excellence” on February 2, 2024, at The Leela Palace in Bengaluru the firm formally showcased its latest UT350kW product for the Indian solar […]

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January Power Market- IEX Reports Highest Ever Volumes, Green Power Slides

Indian Energy Exchange (IEX), India’s leading electricity exchange, achieved the highest-ever total volumes in January 2024, reaching 10,893 million units (MU) – marking a 26.1% year-over-year increase. This volume comprises 9,137 MU from the conventional power market segment, 236 MU from the green market segment, and 15.20 lakh Renewable Energy Certificates (RECs) (equivalent to 1,520 […]

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Re-strategizing To Meet The Growing Demand For Power

Few sectors, if any, today pose as many challenges or hold as many opportunities as India’s power sector. It has witnessed developments and disruptions in recent years, and while the long-term goal posts remain largely steady, we might have to move sideways towards them instead of headlong. India’s power demand grew at an unprecedented 9% […]

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European Solar PPA Market Witnesses 65% Increase From 2022: Pexapark

A recent report by Pexapark on European market outlook found the European PPA market recorded a 65% Increase in solar PAA from 2022, due to stabilising environment in deal-making, over the past twelve months.  Pexapark in its report mentioned, “Our PPA Tracker recorded a 16.2GW of disclosed contracted volumes – an increase of more than […]

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Tamil Nadu Cements Corporation Issues Tender For 20 MW Solar Plant at Virudhunagar Cement Work Site

As the generation and usage of renewable energy comes under focus in Tamil Nadu, the state’s cement corporation has sought bids for the installation of 20 MW solar power plant at Alangulam Cement Works in Virudhunagar district. The tender document by the cement corporation also mentioned about the engagement of a consultant for the meticulous […]

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Yearly Review: India Added More Coal Power Than Wind In 2023

The latest analysis of the government’s monthly capacity addition reports revealed that India added more coal power than wind energy in the calendar year 2023. A comparison of the monthly installed capacity reports of the Central Electricity Authority (CEA) by Saur Energy revealed that India added 4 Gigawatt (GW) of net coal power in 2023. […]

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