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Power Ministry Proposes Tariff Rebates on Advance Payments by Discoms

The Ministry of Power has advised SERCs to establish reduction of generation/ transmission tariffs in cases of full or advance payments by state Discoms The Ministry of Power (MoP) has issued an order, advising state electricity regulatory commissions (SERCs) to establish the reduction of generation or transmission tariffs in cases of full or advance payments […]

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EFGL Selects MHI Vestas Turbines Floating Wind Project

The 2022 floating pilot project will feature MHI Vestas’ 10 MW turbine after the firm’s V164-10.0 MW offshore wind turbines were selected by EFGL. The 2022 floating pilot project will be the first offshore wind park to feature MHI Vestas’ 10 MW turbine after the firm’s V164-10.0 MW offshore wind turbines were selected by the […]

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Poland Solar PV Installation is set for Exceptional Growth

Poland has registered phenomenal growth in solar PV installations in 2019 and is expected to install 3.15 GW of capacity by 2022 Poland has registered phenomenal growth in solar photovoltaics (PV) installations in 2019 and is expected to install 3.15 gigawatt (GW) of capacity by 2022, according to new research analysis. Tarun Bhutani, project manager […]

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Vestas Secures 103 MW Order and EPC Contract in New Zealand

Vestas has signed a 103 MW engineering, procurement, and construction contract with New Zealand-based electricity generator and retailer Mercury. Vestas has signed a 103 MW engineering, procurement, and construction contract with New Zealand-based electricity generator and retailer Mercury. The deal will extend Mercury’s Turitea Wind Farm from 119 MW to 222 MW, improving the cost […]

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Ivory Coast Joins World Bank’s Scaling Solar Program

The World Bank Group, through Scaling Solar program, and Ivory Coast have signed an agreement to help develop its supply of affordable, reliable clean energy The World Bank Group, through its Scaling Solar program, and the Government of Côte d’Ivoire (Ivory Coast) have signed an agreement to help the African nation develop its supply of […]

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€6.9 bn EIB Backing for Renewables, Sustainable Transport and Innovation

EIB has agreed to support EUR 6.9 billion of new financing to improve renewable energy, sustainable transport, social housing, communication, etc. The Board of the European Investment Bank (EIB) has agreed to support EUR 6.9 billion of new financing. This includes backing new investments across Europe and around the world to improve renewable energy, sustainable […]

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DTEK Crosses 1 GW Mark in RE Generation With new 100 MW Wind Plant

DTEK has commissioned the 100 MW Orlivska Wind Power Plant in Ukraine. In doing so, the company has put 1 GW of renewable energy in operation by 2020. DTEK in the partnership with the Danish company Vestas, the world’s leading wind turbine producer, has accomplished the construction of the Orlivska Wind Power Plant, a 100 […]

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Azure Power Quarterly Revenue up 28% at $40.3 Million

Azure Power has announced its consolidated results under the United States GAAP for the fiscal Q2 2020, reporting an increase in revenue of 28 percent Azure Power, a leading independent solar power producer in India, has announced its consolidated results under the United States Generally Accepted Accounting Principles (GAAP) for the fiscal second quarter 2020, […]

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Sterling and Wilson Solar Net Profit up 36% in Q2 2019, Stock Slumps

Sterling and Wilson Solar has reported a 36 percent rise in consolidated net profit at Rs 79.40 crore for the second quarter of this fiscal. Sterling and Wilson Solar on November 15, 2019, issued its financial results for the quarter ended September 30, 2019, reporting a 36 percent rise in consolidated net profit at Rs 79.40 crore […]

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