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Taaleri Exits 3 Wind Farms Worth 73.2 MW in Finland

Taaleri will divest part of wind investment portfolio by selling shares in 3 wind farms in Finland to a consortium of Korean institutional investors Finnish wealth management group headquartered in Helsinki, Taaleri has announced that funds managed by it have agreed to divest part of their wind farm investment portfolio by selling their shares in […]

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Vestas Secures 192 MW Wind Turbine Order in North America

Vestas has announced two new order wins in North America for the supply of wind turbines worth 192 MW. The orders have been received in the US and Mexico. Vestas has announced two new order wins in North America for the supply of wind turbines worth 192 MW. The two orders have been received from […]

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JA Solar Planning to Invest $947 mn to Build 2 PV Manufacturing Plants

JA Solar is planning to invest USD 947.7 million for two new solar PV manufacturing plants in China with a combined annual production capacity of 15 GW. China-based leading manufacturer of high-performance photovoltaic (PV) products, JA Solar has announced that it is planning to invest CNY 6.6 billion (USD 947.7 million) for the establishment of […]

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CERC Extends Validity of Expiring RECs Until March 31

CERC has in its latest order extended the validity of RECs that were set to expire on December 31, 2019, until March 31, 2020. The Central Electricity Regulatory Commission (CERC) has in its latest order extended the validity of Renewable Energy Certificates (RECs) that were set to expire on December 31, 2019, until March 31, […]

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PGCIL Tenders for Transformer Package for Kurnool Wind/Solar Energy Zone

PGCIL has issued a tender for setting up of a 400KV transformer package at Kurnool-III PS for the Kurnool Wind/ Solar Energy Zone in Andhra Pradesh The Power Grid Corporation of India (PGCIL) has issued a tender for setting up of a 400KV transformer package TR-25 for 4 x 500 MVA, 400/220 kV, 3-Phase ICTs […]

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Sunnova Closes $150 mn in Financing to Fund Growth

Sunnova Energy has closed an aggregate USD 150 million in financing with an aim to fund its continued growth in customer count and battery storage sales Sunnova Energy International has announced that it has closed an aggregate USD 150 million in financing through an approximately USD 95 million revolving asset-based loan facility and a private […]

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Adani Green’s Arm Commissions 75MW Wind Project; Shares Hit 52Wk High

Ahmedabad headquartered Adani Green Energy Ltd (AGEL) said that it has commissioned new 75 MW wind energy project through its subsidiary Adani Renewable Energy. The project has been commissioned under the 25 year PPA with Maharashtra Discom MSEDCL at a tariff of Rs 2.85/kWh. The company said in a filing to the stock exchanges that […]

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Volkswagen Targeting 1.5 mn Electric Vehicle Sales by 2025

Volkswagen will reach 1 million electric vehicle sales by end of 2023, two years earlier than previously predicted, and 1.5 million to be produced in 2025 Volkswagen has announced that over the next few years it intends to become the world market leader in e-mobility and is investing EUR 33 billion in these efforts throughout […]

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TERI Develops Blockchain-Enabled Prototype for Solar Power Trading

TERI has developed a prototype platform to facilitate peer-to-peer trading of solar energy among consumers in the same neighbourhood. The Energy and Resources Institute (TERI) has announced that it has developed a platform to facilitate peer-to-peer transactions of solar energy among consumers in the same neighbourhood. The prototype which utilises blockchain for the execution of […]

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