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Sprint and Duke Energy Sign VPPA for 173.3 MW Wind Power

Sprint and Duke Energy Renewables have announced a 12-year VPPA for 173.3 MW of new wind energy sourced from the 182 MW Maryneal Wind power project in Texas American telecommunications company, Sprint and Duke Energy Renewables, a commercial business unit of Duke Energy, have announced a 12-year virtual power purchase agreement (VPPA) for 173.3 megawatts […]

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Rajasthan Issues Draft Solar Energy Policy, Seeking Comments & Suggestions

Rajasthan has issued its draft Solar Energy Policy 2019, with the aim to deploy 25 GW capacity in the state by 2020-2021 and 50 GW over the next 5-6 years The Rajasthan Renewable Energy Corporation Limited (RRECL), has issued its draft Solar Energy Policy 2019 for Rajasthan. The policy aims to deploy 25 GW of […]

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IFC Raises $569 mn From 1st Canadian Green Bond

IFC has issued its 1st Canadian dollar green bond, raising USD 569 million for climate-smart business. The International Finance Corporation (IFC), a member of the World Bank Group, has issued its first Canadian dollar green bond, attracting strong investor demand and raising CAD750 million (USD 569 million) for climate-smart business. The proceeds of the five-year […]

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Australia Says 2020 Clean Energy Targets Met This Year

The CER informed that on August 30, 2019, this milestone was met ahead of schedule. But despite this nugget of good news, Australia has been walking backward on climate change. Australia’s’ Clean Energy Regulator (CER), in an official statement, has confirmed that it has now enough approved capacity to guarantee that its renewable energy targets of […]

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Researchers Devise a Better Method for Harnessing Power from Solar Panels

A team of researchers has developed what they claim to be is a better method for harnessing the volume of energy collected by solar panels. In a new study, conducted by the University of Waterloo, the team of researchers developed an algorithm that increases the efficiency of the solar photovoltaic (PV) system and reduces the […]

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NTPC Planning 5 GW Solar Park in Kutch Worth Rs 20,000 cr

NTPC is planning to set up an ultra-mega solar park in the Kutch region of Gujarat with an estimated capacity closing on 5 GW State-owned power utility NTPC Ltd. has announced that it is planning to set up an ultra-mega solar park in the Kutch region of Gujarat with an estimated capacity closing on 5 GW with an […]

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Solar Can Go Subsidy Free in China, Finds Study

In a study that puts the incredible drop in solar prices in context, a study by researchers in China and Sweden has concluded that 344 prefecture level Chinese cities can afford to buy solar powered electricity at a price lower than the existing grid.  The paper was published in Nature Energy, a British peer reviewed […]

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Neoen Bags Two Solar Projects Worth 108 MW in Europe

Neoen has been awarded two solar projects in Portugal and France worth a total combined capacity of 108 MW. Neoen, one of the world’s leading and fastest-growing independent producers of exclusively renewable energy has announced that it has been awarded two solar projects in Portugal and France worth a total combined capacity of 108 MW. […]

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