India the Lowest Cost Producer of Solar Power_ IRENA

India the Lowest Cost Producer of Solar Power: IRENA

According to a report by the International Renewable Energy Agency (IRENA), the cost of renewable energy sources fell to record lows again in 2018. The report finds that costs from ...
Siemens Gamesa Wins Turnkey Contract for 176.8 MW Wind from ReNew Power

Siemens Gamesa Announces Order Booking of $12.25 Billion

Renewable energy developer and wind turbine manufacturer, Siemens Gamesa, has announced its financial results for the first half (October-March) and the second quarter (January-March) of fiscal year (FY) 2019. The ...
/ / Other, Wind
After January Slump, Non-Solar REC Trading Spikes in February 2018

Orient Green Power to Divest 57% Shares in its Biomass Subsidiaries

Orient Green Power Company Limited (OGPL) has decided to disinvest its entire holding of 918,954 equity shares, aggregating 57.92%, held in Sanjog Sugars and Eco-Power (Biomass subsidiary) in favor of ...
wind turbines

DISCOM in Tamil Nadu to Track Wind Projects Using GPS

Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) has started using Global Positioning System (GPS) technology to measure the performance of wind projects installed across the state. The distribution company ...
/ / Other, Wind
Wind Auction GUVNL 500 MW

Tata Power to Sell its 32 MW Wind Power Project in Maharashtra

Tata Power Renewable Energy Limited (TPREL) has announced that it will sell 32 MW of its operating wind assets located in Satara district of Maharashtra. Currently, the power from the ...
/ / Other, Wind
Gujarat Issues Tender for 1 GW of Wind Projects

50.2 GW of Wind Power Projects Added in 2018 Globally: Report

In 2018, the world added the third highest annual total of wind power. According to the Wood Mackenzie Power & Renewables 'Global Wind Power Market Outlook Update: Q1 2019' report, 50.2 GW ...
/ / Other, Wind
ReNew Raises $375 Million Through Green Bond Issue

ReNew Raises $375 Million Through Green Bond Issue

Indian renewable energy independent power producer (IPP) ReNew Power Limited, has announced that it has successfully concluded a green bond issue of $375 million. Barclays (B&D), Goldman Sachs, HSBC, J.P ...
/ / Finance and M&A, Solar
Average Power Purchase Cost for Open Access Solar and Wind Projects Set At ₹3.60/kWh

NTPC Invites Bidders to Enlist for Constructing its Wind Projects

NTPC Ltd. has invited online applications from bidders to enlist for its wind energy projects in India. The scope of work includes the detailed design, engineering, micro-siting, manufacture, supply, erection, ...
/ / Other, Wind
MNRE Introduces Battery Energy Storage System in its Quality Control Order 2017

Total Global Energy Storage Capacity Could Triple by 2030: IRENA

In a brief prepared for COP24, the 24th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC), the International Renewable Energy Agency (IRENA) has underscored the ...
/ / Energy Storage, Other
Sourcing Power from Multiple Generators for Open Access not Permissible

Solar Potential in West Africa Ranges from 8 GW to Over 20 GW by 2030: Report

The International Renewable Energy Agency (IRENA) in its report “Planning and prospects for renewable power: West Africa” has highlighted scenarios for the growth of renewables in West Africa’s power systems ...
/ / Other, Renewable Energy
SBI Raises $650 Million Via Green Bonds, Announces Plans for Going Solar

SBI Raises $650 Million Via Green Bonds, Announces Plans for Going Solar

The nation’s largest lender State Bank India (SBI) has raised the first tranche of $650 million through a maiden green bond offering, which is a part of its goal of ...
/ / Markets & Policy, Solar
IFC To Continue Supporting Private Sector Investments in Europe and Central Asia

IFC to Continue Supporting Private Sector Investments in Europe and Central Asia

The International Finance Corporation (IFC) has announced that it has expanded its operations in Europe and Central Asia with investment commitments reaching $2.9 billion. The organization is focusing on driving ...
/ / Markets & Policy, Solar
ENGIE And STOA Form Joint-Venture to Develop Wind Projects in India

ENGIE And STOA Form Joint-Venture to Develop Wind Projects in India

ENGIE, a global independent power producer (IPP), and STOA, a French infrastructure and investment firm, have announced a joint-venture (JV) to build a wind platform in India. The platform, with ...
/ / Other, Wind
Tamil Nadu Launches Procedure for Deviation Settlement of Wind and Solar Projects

MERC to Come Out with Regulations for Forecasting and Deviation Settlement of Solar Generation

The Maharashtra Electricity Regulatory Commission (MERC) is preparing draft regulations for the forecasting, scheduling, and deviation settlement of solar and wind generation in the state. It noted that the process ...
/ / Grid, Utilities
Shipping wind turbines

Rajasthan Electricity Regulatory Commission Fixes Levelized Generic Tariff for Wind Projects to be Commissioned in FY 2017-18

The Rajasthan Electricity Regulatory Commission (RERC) has fixed the levelized generic tariff for wind power projects to be commissioned in financial year (FY) 2017-18 in Rajasthan. The RERC stated in ...
/ / Other, Wind

Awareness of Renewable Energy and Energy Efficiency Low in India, According to Survey by Mercom Capital Group

71% of consumers in India willing to pay higher rates for electricity from renewable energy sources  According to a first-of-its-kind survey conducted by Mercom Capital Group titled 'India Renewable Energy ...
/ / Solar, Uncategorized