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wind power projects

Vestas and Utopus Insights to Pilot Energy Forecasting Solutions For RE Plants in Australia

The pilot program will aim to improve the energy system stability and increasing the potential revenue generation for customers. With the increasing amount of renewable energy in the system, grid operators must address the challenge of balancing supply and demand from intermittent energy generation. One way of meeting this challenge is to use advanced forecasting […]

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First Bids Under IL&FS Asset Monetisation Expected Soon

The sale of its renewable energy business will reduce the total debt of IL&FS by Rs 5,000 crore. Cash-strapped IL&FS Group will receive first set of bids under the asset monetisation process on Monday as part of the resolution process, according to sources. The company’s board will later consider bids for Rs 8,000 crore renewable energy business that […]

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Private Companies Appeal to Political Parties to Put Renewable Energy in Poll Manifestos

A total of 160 private companies and NGOs have made an appeal to all political parties to include decentralised renewable energy solutions in their manifestos for the general elections. The appeal was signed by Panasonic India, Barefoot Power, CSIR-NEERI, Observer Research Foundation, Prayas Energy Group, and several others. The appeal was sent on behalf of […]

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World Bank and AfDB Commit $ 47 billion For African Climate Finance

The World Bank and the African Development Bank have together committed close to $47 billion to African countries, for the period up to 2025 to fight climate change. In a significant announcement to provide much-needed financing for African countries likely to face the increasing effect of climate change, the funds’ pipe from the World Bank […]

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BSES Yamuna Commissions Solar Microgrids With Energy Battery Storage

BYPL has launched a pilot to establish solar microgrids, becoming one of the first discoms in the country to do so in an urban setting. In its quest to take rapid strides for sustainable development, BSES Yamuna Power Limited (BYPL) has launched a pilot to establish solar micro-grids, becoming one of the first discoms in […]

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Germany Met 65% of its Weekly Energy Demands From Renewables 

Maintaining the trend of renewables regularly crossing the 50% mark, last week saw them supply 65% of power in Germany. Renewable energy made up 64.8% share of electricity generation in Germany last week, according to solar research institute Fraunhofer ISE. The achievement was mainly due to strong production from wind facilities. You must be wondering […]

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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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Greenko ropes in Siemens for 46% stake in Poovani Project

German power and energy major Siemens confirmed on Monday that its financial services arm has picked up 46 percent stake in Greenko Group’s 200 MW Poovani wind power project in Tamil Nadu for an undisclosed amount. Its financial subsidiary Siemens Financial Services (SFS) has signed a definitive agreement with Greenko Group for the 46 percent equity investment, making […]

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