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‘PFC Should Lend More to Renewable Energy Instead of Stranded Assets’

Instead of backing obsolete & uneconomical coal-fired power plants that could soon become stranded assets, state-owned power sector lender, PFC should lend more to support renewable energy capacity addition, suggested by the Institute for Energy Economics and Financial Analysis (IEEFA) in its new findings. Both Power Finance Corporation (PFC) and Rural Electric Corporation Ltd (REC) […]

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First Solar Inks Supply Agreement for 415 MW PV Modules With Geronimo Energy

First Solar has entered into a supply agreement with Geronimo Energy to supply 415 MW of its Series 6 photovoltaic (PV) modules in 2022. First Solar has announced that it has entered into a framework supply agreement with Geronimo Energy, a National Grid company. Under the agreement, First Solar will supply 415 megawatts (MW) of its […]

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EDPR Secures 15-Year PPA for 100 MW New California Solar Park

EDPR through and Redwood Coast Energy Authority have executed a 15-year PPA for 100 MW for the Sandrini Sol 1 Solar Park in Kern County, California. EDP Renewables SA (EDPR), through its fully owned subsidiary EDP Renewables North America, and Redwood Coast Energy Authority (RCEA) have executed a 15-year power purchase agreement (PPA) for 100 […]

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Lithium-ion Battery Market to Reach $129.3 Bn Globally by 2027: Report

According to a new report, the global lithium-ion battery market is expected to hit USD 129.3 billion by 2027, registering a CAGR of 18.0% from 2020 to 2027. According to a new report, the global lithium-ion battery industry has been estimated at USD 36.7 billion in 2019 and is expected to hit USD 129.3 billion […]

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Tender Issued for Rooftop Solar Plants at 8 Railway Stations

The Alipurduar Division of the NF Railway has issued a tender for the installation of rooftop solar plants at 8 railway stations and a powerhouse The Alipurduar Division – Electrical of the Northeastern Frontier Railway has issued a tender for the installation of grid-connected rooftop solar power plants worth a combined 151 kW at 8 […]

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The Top 7 Solar Power Parks across the World

A list of the 7 largest solar parks in the world, four of which are located in India and the remaining three in China. Although an outsider right now, the Mohammed Bin Rashid Al Maktoum Solar Park in Dubai with a planned 5000 MW capacity could soon make its way to the top of the […]

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Neoen Secures 352 MWp Landmark PPA With CleanCo

Neoen has signed a 352 MWp PPA with CleanCo Queensland in one of Australia’s most substantial renewable energy agreements to date. Neoen, one of the world’s leading and fastest-growing producers of exclusively renewable energy, has signed a 352 MWp power purchase agreement (PPA) with CleanCo Queensland in one of Australia’s most substantial renewable energy agreements […]

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IRENA, ESCAP Ramp Up Efforts to Improve Clean Energy Accessibility in APAC Region amid Covid-19

This is significant as the Asia-Pacific region is home to almost half of the world’s population, and is largely dependent on fossil fuels. With an aim to jointly work towards improving access to sustainable energy across the Asia-Pacific region, Abu Dhabi-headquartered International Renewable Energy Agency (IRENA) and the United Nations Economic and Social Commission for […]

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Energy Efficiency Measures Help India Save Extra Rs 35,495 Cr in a Year

By adopting various energy efficiency measures, India witnessed approx. 66 percent higher savings to Rs 35,495 crore during 2018-19. It was revealed by an expert agency PricewaterhouseCoopers (PwC Ltd) via its report – Impact of energy efficiency measures for the year 2018-19. The report was released by the Power Minister R.K. Singh through Video conference. […]

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