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CEA Predicts 6-Fold Increase in RE Capacity by 2029-30

The Central Electricity Authority predicted the rise in renewable energy capacity but said coal will still lead in power generation The Central Electricity Authority (CEA), India’s power-planning body, in a report said that India’s renewable energy capacity will sprint ahead and multiply almost six-fold in the next decade, while the share of coal-fired plants in […]

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EDF-Masdar Reach Financial Close on 400 MW Saudi Wind Project

The consortium consisting of EDF Renewables and Masdar has completed the financing of the Dumat Al Jandal utility-scale wind project in Saudi Arabia The consortium consisting of EDF Renewables and Masdar has completed the financing of the Dumat Al Jandal utility-scale wind project in Saudi Arabia, with the backing of Saudi and international banks. The […]

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IFC Lends $35 mn to Promote Green Projects in Costa Rica

IFC has signed a loan of US$ 35 million to incentivise the issuance of a green bond by Davivienda Costa Rica, the third largest private bank in Costa Rica The International Finance Corporation (IFC), a member of the World Bank Group, has signed a loan of US$ 35 million to support and incentivise the issuance […]

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MNRE Issues Guidelines for Implementation of KUSUM Scheme

MNRE has issued guidelines for the implementation of the Rs 34,422 crore KUSUM Scheme The Ministry of New and Renewable Energy (MNRE) has issued guidelines for the implementation of the Rs 34,422 crore Pradhan Mantri Kisan Urja Suraksha evam Uthan Mahabhiyan (KUSUM) Scheme, that aims to provide both financial security and more sustainable water access […]

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Siemens Gamesa Bags Order for its First Nearshore Project in Vietnam

Siemens Gamesa has secured an order to supply seven SG 4.5-145 for Thanh Hai 1 wind farm, its first nearshore project in Vietnam Siemens Gamesa Renewable Energy (SGRE) has secured an order to supply seven SG 4.5-145 for No. 5 Thanh Hai 1 wind farm, its first nearshore project in Vietnam located between 2 km […]

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MiaSolé Acheives Flexible Substrate Solar Cell Efficiency of 20.56%

MiaSolé has announced that the U.S. DOE’s NREL has independently confirmed a 20.56 percent cell efficiency for a flexible thin-film solar cell MiaSolé, the US-based subsidiary of Hanergy, has announced that the US Department of Energy’s National Renewable Energy Laboratory has independently confirmed a 20.56 percent cell efficiency for a flexible thin-film device (0.86cm2) deposited […]

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SECI Refuses to Lower Tariffs for Andhra Solar Projects

SECI has refused to lower tariffs for 400 MW electricity supplied from a solar park at Galiveedu Mandal in district Kadapa to APSPDCL State-run Solar Energy Corporation of India (SECI) has refused to lower tariffs for 400 MW electricity supplied from a solar park at Galiveedu Mandal in district Kadapa to Andhra Pradesh South Power […]

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Amplus to Invest Rs 500 cr for 100 MW Solar Project in UP

Amplus Energy is going to invest Rs 500 crore for its second open access solar project of 100 MW in district Deoria of Uttar Pradesh. Amplus Energy has announced an investment of Rs 500 crore for its second open access solar project of 100 MW in district Deoria of Uttar Pradesh. The project will be […]

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NTPC Issues IFB for 20 MW Solar Plant at Rihand

NTPC has issued an IFB for the development of a 20 MW solar project at Rihand NTPC Ltd. has issued an Invitation For Bids (IFB) for the development of a 20 MW solar PV project at NTPC-Rihand. The state-owned utility has invited bids from eligible bidders on a single stage two envelope basis with reverse […]

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