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wind energy

MNRE Introduces New Mode-7 For Development of RE Parks

A Payment Security Mechanism will be set up by SECI to ensure continuous payment to the power developers and mitigate any payment risk due to default in payment by Discoms. The Ministry of New and Renewable Energy (MNRE) in order to address the two most critical elements when developing a renewable energy project/park has issued […]

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Coming up. A 100 MW Solar Park in Bangladesh with Saudi backing

The AlFanar Group, a leading Saudi construction and manufacturing conglomerate, has agreed to provide a $100 million worth of financing for an upcoming solar project in Bangladesh. Financing has been a challenge for  developers in Bangladesh, with projects struggling due to inability of the developers to raise funding.The Riyadh-based Alfanar signed a Memorandum of Understanding […]

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Will 2 Paise per Unit toll Smoothen the Renewables Road? Speedbreakers remain

News Reports confirm that the Centre has floated a fresh incentive of 2 paise per unit produced for new projects in states. The latest news of the central government  introducing a financial incentive for states when it comes to renewable energy production hopes to tackle two key issues facing developers. land and distribution access for […]

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SunPower Launches Industry First 400+ Watt Home Solar Panels

Delivering up to 415 watts of electricity, A-Series is the most powerful solar panel that customers in America can buy for their home today. US-based SunPower has introduced the highest-power solar panels available today for the residential market. In the United States, the company has launched its Next Generation Technology home solar panel called A-Series, […]

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Minnesota Sets Sight For 100% Carbon-Free Electricity by 2050

Governor Tim Walz has set an ambitious goal for Minnesota to get 100 percent of its electricity from carbon-free sources by 2050, though his plan was short on specifics of how to meet that target. Walz said his clean energy proposals would put Minnesota at the forefront of addressing climate change while ensuring “reliable, affordable and sustainable […]

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Fortum Wins Right to Build 250 MW Solar Project in India

Fortum will build and operate a 250 MW solar plant in Rajasthan at a fixed tariff rate of Rs 2.48/kWh for 25 years. Finland-based Fortum has won the right from Solar Energy Corporation of India (SECI) to build a 250 MW solar power plant in Rajasthan, India. The project is expected to be commissioned in […]

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BHEL Issues Tender For 2.5MVA Inverter Transformer For SCCL’s 129 MW Solar Plant

The last date of bid submission is March 5, 2019. Bharat Heavy Electrical Limited (BHEL) has invited quotations from eligible bidders for 2.5 MVA Inverter Transformers for its 129 MW solar power plant under development in Telangana for Singareni Collieries Company Limited (SCCL). The brief scope of work for selected bidders will include the supply, instrumentation, […]

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EverSource Capital and NIIF to Invest $330 Mn in CDC’s Ayana Renewable Power

This investment is a part of CDC’s commitment to invest a further $ 1.7 billion in India and neighbouring countries over the next three years. EverSource Capital (a joint venture between Everstone Capital and Lightsource BP) and the National Investment and Infrastructure Fund of India (NIIF) have announced a partnership with UK-based Finance Institution CDC […]

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SECI Seeking Owners Engineer For Andhra Pradesh Hybrid Project

The last date of submission of the EoI is March 25, 2019. The Solar Energy Corporation of India (SECI) has issued an Expression of Interest (EOI) for the selection of owners engineer for the 160 MW solar-wind hybrid power plant with Battery Energy Storage System (BESS) at Ramagiri, Anantapur District, Andhra Pradesh. The selection of […]

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