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Tetra Tech Wins USAID Renewable Energy Contract Worth $29.7 Million

USAID has awarded Tetra Tech a five-year, USD 29.7 million single-award contract for the continuation of its Scaling Up Renewable Energy project (SURE II). Tetra Tech has announced that the US Agency for International Development (USAID) awarded the Company a five-year, USD 29.7 million single-award contract for the continuation of its Scaling Up Renewable Energy […]

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Capital Dynamics to Develop 9 Battery Storage Systems in California

Capital Dynamics has signed an agreement with Tenaska to develop a portfolio of 9 battery storage systems located throughout California. Capital Dynamics, an independent global private asset management firm, has announced that its Clean Energy Infrastructure business has signed an agreement with US-based energy company Tenaska to develop a portfolio of nine battery energy storage system […]

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Tata Power Reports Q1 FY2021 Results, to Merge Solar EPC Business

Tata Power reports Q1 FY 2020-21 results, reporting a 10% increase in consolidated PAT at Rs 268 crore, and that it plans to merge its solar EPC business. Tata Power, one of India’s largest privately-owned power producers has announced its first quarter (Q1) FY 2020-21 results. The firm has reported that for the quarter, consolidated […]

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Ørtsed Reports Strong First Half for 2020, Operating Profit of $1.5 Bn

Ørsted has issued its interim report for the first half of 2020, reporting an operating profit (EBITDA) of USD 1.5 billion, an 11 percent increase YoY The Board of Directors at Ørsted has approved the interim report for the first half (H1) of 2020. The firm reported an operating profit (EBITDA) of DKK 9.8 billion […]

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Brookfield Renewable to Issue Green Bonds Worth $318.75 Mn

Brookfield Renewable Partners has agreed to issue USD 318.75 million aggregate principal amount of medium-term notes (green bonds). Brookfield Renewable Partners has announced that it has agreed to issue CDN$ 425 million (USD 318.75 million) aggregate principal amount of medium-term notes (green bonds), Series 14, due August 13, 2050, which will bear interest at a […]

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Renewables in 2020 Will be Fastest-Growing Source of Electricity in the US: EIA

The EIA has revealed that it expects renewables to be the fastest-growing source of electricity generation in the US in 2020. The US Energy Information Administration (EIA) has revealed in its Short Term Energy Outlook (STEO) that it expects renewables to be the fastest-growing source of electricity generation in the US in 2020. It has […]

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India’s Top 5 Solar Power Producers Based on Installed Capacity

In India’s energy sector which is largely dominated by coal-powered plants, we take a look at the top 5 power producers which are producing power from what India expects will take over from coal in the long term as its leading source of energy – Solar Energy. Solar energy has become the leading resource for […]

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Rs 1.8 Tn Investment in Transmission Segment in India by 2025: ICRA

ICRA expects an investment of Rs 1.8 trillion by 2025 in the power transmission segment in India, driven by evacuation infrastructure for RE projects. Independent investment information and credit rating agency ICRA has revealed in a new analysis that it expects an investment of Rs 1.8 trillion over the five-year period from FY2021 to FY2025 […]

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Maharashtra has Achieved 9.7 GW of its 22 GW by 2022 RE Target

As of June 2020, Maharashtra has an installed renewable energy capacity of 9.7 GW, which is 44 percent of its 2022 target of 22 GW. Maharashtra has renewable energy potential of 75 GW, which is 8.3 percent of the country’s total potential. As per the state’s National Electricity Plan 2018, Maharashtra has a renewable energy […]

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