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wind farms

Dominican Republic to Commission 361 MW Renewable Energy Projects by 2018

The announced renewable energy projects will be completed with an investment of US$780 million, which would include three solar and five wind farms. The Dominican Corporation of State Electric Companies has announced that the company has begun the work on eight renewable-energy projects that will provide 361.2MW of new generation capacity to the country’s grid […]

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China Eyes £292bn Splurge in Renewable Power by 2020

China will invest 2.5tn yuan (£292bn) into renewable power generation by 2020, the country’s energy agency has said, committing the next step towards clean energy. The investment are known to create more than 13 million jobs in the sector, the National Energy Administration said in a blueprint document that lays out its plan to develop […]

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Tata Power to acquire renewable energy assets of Welspun Group: Report

Tata Power is reportedly gearing up to acquire the renewable energy assets of the diversified Welspun Group, valuing the 1,152 MW portfolios of operational solar and wind farms. The ET citing sources close to the company reports that the deal may be valued at close to $1.45 billion inclusive of debt. Both the companies are in final […]

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Frisky plans of France to outfit the Renewable Goal

France is taking strategic leads to spur its renewable energy goals and also sought commitments to be the first country to issue “green bonds” encouraging green energy. Recently, French President Francois Hollande has also asserted that that the country’s oldest nuclear power plant, Fessenheim which sits near the German and Swiss borders would be closed. Also at […]

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Quercus and Swiss Life Asset Managers acquires Antin Solar Investments and its Solar Photovoltaic Asset Portfolio

Quercus Assets Selection and Swiss Life Asset Managers have announced the successful completion of deal to acquire Antin Solar Investments (ASI) and its 77.1 MW Solar Photovoltaic Asset Portfolio in 50:50 joint ventures. ASI now operates as Azienda Solare Italiana Spa. Last year on December 18, the joint venture called Quercus Swiss Life Italian Solar […]

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TNERC announces new solar power tariff

The Tamil Nadu Electricity Regulatory Commission (TNERC) has passed comprehensive tariff order on Solar Power which comes into force from 1st April this year. The tariff works out to Rs.5.10 per unit for Solar PV projects and Rs.11.12 per unit for Solar Thermal projects without AD benefit. The AD benefit component of the tariff is […]

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Gridlock Ahead? Transformer Shortage and the Renewable Energy Challenge

Transformers play a vital role in energy distribution systems by converting high-voltage electricity from transmission lines into low-voltage electricity for consumer use. Thus any supply disruptions in the supply of this essential component, coupled with resultant rising prices in the global transformer market, can significantly affecting utilities. Over the past three years, this situation has […]

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