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Dutch Engineers To Construct World’s Largest Sun-seeking Floating Solar Islands

Dutch engineers are building what will be the world’s largest archipelago of islands made up of sun-tracking solar panels. The 15 floating solar islands will possess sunflower-like ability to turn to face the sun Currently, large islands of solar panels are under construction or already in place in reservoirs and lakes across the Netherlands, China, […]

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Iberdrola Posts First Quarter Profit Increase of 15 Percent

The group is moving forward with 4,100 new MW of capacity scheduled for 2019, which will increase annual production by 13%, and another 8,800 MW between 2020 and 2022. Spanish public multinational electric utility company, Iberdrola recently issued its first quarter financial results. Obtaining a net profit of €963.9 million in the first three months, […]

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MERC Partially Approves MSEDCL’s Petition to Reduce Solar Tariff

The Maharashtra Electricity Regulatory Commission recently heard a petition filed by the Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) relating to the adoption of tariff for long term procurement of solar power. In its petition, MSEDCL was seeking review of the Commission’s previous order relating to the adoption of tariff discovered for long term procurement […]

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Azure Power to Get Compensation For Increase in Costs Due to Safeguard Duty

The Maharashtra Electricity Regulatory Commission (MERC) recently heard two petitions made by Azure Power in two cases in which it had requested the commission to consider the levy of safeguard duty as Change in Law and had asked it for approval and determination of compensation for the increase in project cost following the imposition. In […]

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SECI Extends Deadline For 1200 MW Hybrid Tender

The last date for bid submission has been extended to May 7, 2019, from April 23, 2019. And the techno-commercial bids will be opened on the same date i.e. May 7, 2019. The Solar Energy Corporation of India (SECI) has extended the deadline for bid submission on its tender for setting up ISTS connected 1200 […]

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Johns Hopkins University Commits to Solar Energy

The 15-year agreement will allow Johns Hopkins to meet roughly two-thirds of the university’s overall electricity needs with solar power. Marking the largest commitment to solar energy in Maryland and one of the most significant pledges to greenhouse gas reduction in higher education, Johns Hopkins University has entered into a long-term agreement to supply its […]

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Europe Invested EUR 27 Billion in New Wind Farms Last Year

Europe invested EUR 27 bn in new wind farms in 2018, which will finance a record amount of future new wind energy capacity. According to WindEurope’s annual Financing and Investment Trends report, the amount invested is similar to previous years. But, with cost reduction, especially in the offshore wind segment, the investments will finance a […]

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GWEC Releases First Supply-Side Data Report, Vestas Well Ahead of the Rest

The Norwegian company accounted for just over 20 percent of the market share, or more effectively every fifth wind turbine installed in the last year was manufactured by Vestas. The Global Wind Energy Council (GWEC) has published the first edition of its annual Global Wind Market Development – Supply-Side Data 2018. According to the report, […]

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