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Double Standards? Thermal Power Auctions At Rs 4.41

In news that will cause a lot of heartburn among solar developers, news agency PTI has reported the cancellation of a 2500 mw auction to source power for a three year period. The bids were being conducted by state agency Power finance Corporation’s Consultancy arm.The amount being offered? Rs 4.41 per unit. The fact that […]

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Vestas Develops Repowering Solution for World’s Most Northern Wind Project

Vestas has received a 38 MW order from Finnmark Kraft for the repowering of Havøygavlen Wind Park in Norway, which is the world’s most northern wind project Vestas has received a 38 MW order from the utility Finnmark Kraft AS for the repowering of Havøygavlen Wind Park on the island of Havøy in northern Norway, […]

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EVs, Storage, Microgrids and Corporate PPAs to be Key Trends in 2020: GlobalData

The power sector is witnessing significant changes. As 2019 draws to a close, Harminder Singh, Director of Power at data and analytics company GlobalData, looks at the key trends that will shape the industry in 2020, ranging from electric vehicles (EVs) to corporate power purchase agreements (PPAs). A. Electric vehicles “The adoption of electric vehicles […]

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Eni and Falck Renewables JV to Develop 1 GW RE Projects

Eni and Falck Renewables have signed a strategic agreement for the joint development (JV) of renewable energy projects in the United States. Italian major Eni and Falck Renewables have signed a strategic agreement for the joint development (JV) of renewable energy projects in the United States. The agreement involves the creation of a venture owned […]

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ADB to Invest $1 bn for Renewable Transition in the Pacific

ADB will invest over USD 1 billion worth of energy projects in the Pacific from 2019 to 2021 to increase renewable energy generation The Asian Development Bank (ADB) will invest over USD 1 billion worth of energy projects in the Pacific from 2019 to 2021 to increase renewable energy generation and improve access to affordable […]

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Ørsted Secures Funding for Renewable Hydrogen Project

Together with its partners, Ørsted has received funding for the construction of a 2MW electrolysis plant with appurtenant hydrogen storage. Together with its partners, Ørsted has announced that it has received funding of DKK 34.6 million for the construction of a 2MW electrolysis plant with appurtenant hydrogen storage. The plant will use electricity from offshore […]

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EESL Signs MoU to Promote E-Mobility in South India

EESL has signed an MoU with Baghirathi Sustainability India to explore the possibilities of promoting e-mobility and electric vehicles in India. The Energy Efficiency Services Limited (EESL), a joint venture of PSUs under the Ministry of Power, has signed a Memorandum of Understanding (MoU) with Baghirathi Sustainability India to explore the possibilities of promoting e-mobility […]

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Tata Motors Unveils its First Electric SUV, the Nexon EV

Tata Motors has unveiled its first fully-electric SUV the Nexon EV, an aspirational SUV for car buyers looking for a thrilling drive with zero emissions Tata Motors has unveiled the company’s first fully-electric SUV the Nexon EV, an aspirational SUV for personal car buyers looking for a thrilling, connected drive experience with zero emissions. Powered […]

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GE to Provide Turbines for 150 MW Wind Project in Brazil

GE Renewable Energy has announced that it has been selected by Rio Energy for installation and commissioning of 30 Cypress onshore wind turbines in Brazil GE Renewable Energy has announced that it has been selected by Rio Energy for the production, delivery, installation and commissioning of 30 Cypress onshore wind turbines, operating in a range […]

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