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Solar Energy Prices Soar 60% In Europe As Wind Availability Dropped in Q4

A new report from LevelTen Energy has revealed that high development costs and an unstable regulatory environment has caused an 11,4% jump in European solar PPA prices in the fourth quarter of 2022. The report also mentions that solar PPA prices reached €76.84 per MWh, representing a 60% year-over-year increase. LevelTen Energy is a renewable […]

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Navigating India’s Energy Transformation Through JETP Approach

Just Energy Transition Partnership (JETP) was first announced at the CoP26 and has since emerged as a key mechanism for multilateral financing by developed countries to support an energy transition in developing countries. JETPs provide a means for partner countries to work with climate finance donors and private sector investors on a clean, just energy […]

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MSEDCL Issues Tender for Procurement of 550 MW Solar Power

Maharashtra State Electricity Distribution Company Limited (MSEDCL), a wholly-owned subsidiary of the Maharashtra State Electricity Board, has issued a tender for the procurement of 550 MW solar power. The selection will be through a competitive bidding process (which will be followed by e-reverse auction) from projects to be connected at distribution network in Maharashtra under […]

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300 MW Offshore Wind Project by Tokyo Gas in Offing; Eyes 6 GW Goal

Tokyo Gas, the gas distributor of Japan, has said that it has started the construction of two floating offshore windmills in Japan. The new facility is being built off the coast of Fukushima prefecture in the northeast. According to the disclosure, the capacity of the wind power project will be 300 MW. The announcement of […]

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CIF Grants $70 Million To Colombia For Renewable Energy Integration

The Climate Investment Funds (CIF) has decided to provide a $70 million loan to the South American country of Colombia at a low interest rate to enable the country to transition to clean energy. With this, Colombia will become the first country to benefit from CIF. The fund was created for speedy growth of renewable energy […]

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Trina Storage To Deliver More Than 100MWh BESS In United Kingdom

The Germany based subsidiary of Trina Storage has announced the contract closure for another two Battery Energy Storage System (BESS) projects in the United Kingdom shortly after the signing of the 50MW/102 MWh Swangate project last month. These two new deals – 25MW/58MWh and 50MW/58MWh – will also be utilizing Elementa which is vertically integrated […]

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Westbridge Renewable Adds 295MWdc Solar PV/ 100MW BESS in Alberta, Canada

North American renewable energy player and solar developer Westbridge Renewable Energy Corporation has announced the addition of the Red Willow Project to its growing portfolio. The solar power project is located in Stettler County No. 6 in central Alberta region of Canada. The company is a developer of utility-scale solar PV projects. Alberta, along with […]

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ENERCON, Enerjisa Üretim to Install 1000 MW Onshore Wind in Turkey

Wind energy player ENERCON has announced that it has joined forces with Enerjisa Üretim, a joint venture of the E.ON – SABANCI Holding, which delves in energy generation, for the implement the YEKA RES 2 wind energy project in Turkey. ENERCRON said that the tender will play a major role in increasing the clean energy […]

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Greek Firm OET Seeks to Mass Produce Flexible Multicolour Solar Panels

As the world is honking towards the renewable sources of energy – primarily targeting the solar irradiance to generate electricity – a new player is mulling to bring out flexible solar panels that would further enhance the expansion of solar power world over. In a key development, Greek start-up Organic Electronic Technologies (OET) has said […]

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