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wind energy

China’s Jiangsu Goes Big with 6.7 GW of Offshore Wind Projects

The Chinese government has approved 24 offshore wind projects off the Jiangsu Province. These projects will have a total capacity of 6.7GW and will involve an investment of around $18 billion. East China’s Jiangsu Province has approved 24 offshore wind power projects with a total capacity of 6.7 gigawatts (GW), according to the Chinese government daily […]

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U.S. Energy Storage Market size to exceed $4 Bn by 2024

The U.S. energy storage market is anticipated to continue its exponential growth graph as storage continues to get cheaper, out-competing other resources. U.S. Energy Storage Market is set to grow from its current market value of more than USD 400 Million to over USD 4 Billion by 2024; according to a new research report by Global […]

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DERC Approves 100 MW Wind Power Agreements

The tariff of the PSA will be Rs 3.53/kWh, which will comprise of the Rs 3.46/kWh tariff quoted by developer and PTC’s trading margin of Rs 0.07/kWh. The Delhi Electricity Regulatory Commission (DERC) has issued a notification with the approval of two power sale agreements between BSES Rajdhani Power Ltd (BRPL) and PTC India Ltd […]

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Clean Energy Investments in 2018 Exceed $300 Bn with Decline in Solar Commitments: BNEF

Even with PV additions crossing the 100 GW mark for the first time, Solar commitments declined 24 percent ($ value) in 2018. According to figures issued by research company BloombergNEF (BNEF), Global clean energy investment totaled $332.1 billion in 2018, marking the fifth consecutive year that investments crossed the $300 billion mark. However, investments in […]

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Duke Energy’s Hamilton Solar Power Plant opens in Florida, providing more carbon-free energy for Sunshine State customers

Duke Energy today announced the completion and operation of its new 74.9-megawatt (MW) Hamilton Solar Power Plant in Jasper, Fla. The plant’s carbon-free power is enough to energize more than 20,000 homes at peak production. Across Duke Energy’s Florida service territory, the company’s 1.8 million customers — and the environment — are now benefiting from approximately 300,000 solar […]

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GERC Allows Torrent Power to Procure Wind Power at Rs 3.27

CLP Power Private Limited in its petition had requested the commission to direct Torrent Power to extend the PPA for the sale of 49.6 MW. The Gujarat Electricity Regulatory Commission (GERC), as a response to a review petition filed by the CLP Power Private Limited, has set Rs 3.27 as the tariff in the power […]

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Andhra Pradesh Releases New Wind-Solar Hybrid Policy

The Government of Andhra Pradesh has set a target to achieve 18,000 MW of renewable energy capacity by the year 2021-22. Keen to harness the huge solar and wind potential of Andhra Pradesh, the state has launched its new ‘Andhra Pradesh Wind-Solar Hybrid Power Policy – 2018’. The Government of Andhra Pradesh has set a […]

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NTR Secures 229 million Euros in Second Renewable Energy Fund

The fund is targeting €500 million and will invest in both pre-construction and operational onshore wind and solar projects across markets. Irish green asset manager, NTR plc has announced 2it has secured funding of 229 million  euros for the NTR Renewable Energy Income Fund II, of which €145 million has been secured for the fund’s […]

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