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Adani Acquires Transmission Projects Subsidiary From REC

Adani Transmission has signed a share purchase agreement and completed the acquisition of WRSS XXI (A) Transco Ltd from REC Transmission Projects Company. Adani Transmission (ATL), India’s largest private sector power transmission company, has announced that it has signed a share purchase agreement and completed the acquisition of WRSS XXI (A) Transco Ltd, an SPV […]

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JERA to Invest in Offshore Wind Farm in Taiwan

JERA has entered into an agreement with Macquarie Capital to acquire an equity interest in an additional offshore wind power project in Taiwan. Japanese power generator, JERA, which is a joint venture between Tokyo Electric Power Company Holdings and Chubu Electric Power Co, has announced that it has entered into an agreement with Macquarie Capital […]

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MNRE Clarifies December 2022 as Deadline for 175 GW Target

MNRE has clarified that the deadline for India to achieve its renewables target of 175 GW installed generational capacity is December 31, 2022. The Ministry of New and Renewable Energy (MNRE) has clarified via an official release that the deadline for India to achieve its renewables target of 175 GW installed generational capacity is December […]

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CRISIL Report on REturn to Uncertainty

India’s installed capacity in renewable energy (RE) could increase by just 40 GW to 104 GW by fiscal 2022 from 64.4 GW in fiscal 2019, because of enduring policy uncertainty and tariff glitches. That would be a good 42 percent short of the government’s target of 175 GW. The sector has witnessed a material waning […]

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CEEW Report on Greening New Pastures for Green Investments

Large-scale mobilisation of green capital for investment and innovation in low-carbon energy solutions is the main holdout against a clean energy transition in emerging economies, according to an independent study released by the CEEW Centre for Energy Finance (CEEW-CEF). More than USD 200 trillion worth of assets are under management in the world’s pension funds, insurance firms and […]

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IEEFA Report on Pumped Hydro Storage in India

Five years ago, India committed to an ambitious transformational target of 275 gigawatts (GW) of renewable energy installations by 2027. The target for new installs of 30-40 GW annually puts India on track to be one of the largest developers of renewables globally, potentially second only to China. To do this, India must continue to […]

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REIL Tenders for 50 MW Rooftop and Small Solar Plants Under RESCO Model

REIL has tendered for implementation of 50 MW rooftop and small solar power plants programme for government buildings in India under the RESCO model The Rajasthan Electronics and Instruments Limited (REIL) has issued a tender, inviting bids from eligible parties for implementation of 50 MW grid-connected rooftop and small solar power plants programme for government […]

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Huawei Provided Solar PV Solution for World’s Largest Airport

The world’s largest airport, the Beijing Daxing International was put into operation recently with its 5.61 MWp solar plant with the Huawei PV Solution The world’s largest airport, the Beijing Daxing International Airport was put into operation recently. And the grid-tied rooftop distributed solar PV system in the cargo area, east runway, and business jet […]

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Sungrow to Supply Storage Systems for Solar Plus Storage Project in US

Sungrow has signed a contract to supply its fully integrated Energy Storage System (ESS) for a solar plus storage project in the US. Sungrow, the global leading inverter solution supplier for renewables, has announced that it has signed a contract to supply its fully integrated Energy Storage System (ESS) ST4200KWh-2000 to a 15MW/32MWh project in Massachusetts, […]

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