Wind

Amazon Announces its Largest Single Renewable Energy Project

Amazon has now announced the Amazon-Shell HKN Offshore Wind Project, the firms’ largest single-site renewable energy project to date. On December 10, 2020, Amazon became the world’s largest corporate purchaser of renewable energy, and it continues to move quickly to power its operations with 100 percent renewable energy. In line with which, the firm has now […]

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MNRE Formalises Amendments to RTC RE Power Procurement Guidelines

MNRE has passed amendments to the guidelines for procurement of RTC RE power, complemented with power from any other source or storage. The Ministry of New and Renewable Energy (MNRE), in a Gazetted notification, has passed a resolution with the amendments to the guidelines for tariff-based competitive bidding process for procurement of Round-The-Clock (RTC) power […]

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Suzlon Posts Q3 FY21 Results, Records Loss of Rs 118 Crore

Suzlon Group has reported its Q3 FY21 results, the firm has witnessed a steady growth in revenue and production/ installation capacity. Suzlon Group, one of India’s largest wind energy developers and renewable energy solutions provider, has reported its third-quarter results for the financial year 2020-21 (Q3 FY21). The theme of the quarter for the firm […]

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Australia Needs Ambitious RE Target Policy to Unlock Investments: WoodMac

Australia needs an ambitious long-term Renewable Energy (RE) Target policy to unlock future investments, according to Wood Mackenzie Australia needs an ambitious long-term Renewable Energy (RE) Target policy to unlock future investments, according to research firm Wood Mackenzie. The share of renewables in the country’s National Electricity Market (NEM) power generation mix is expected to […]

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RE Plus Storage is Cost Competitive With new Coal Plants in Tamil Nadu: Report

A new economic viability analysis reveals that RE along with battery storage in Tamil Nadu is cost-competitive with new coal power plants. A new economic viability analysis reveals that renewable energy (RE) along with battery storage in Tamil Nadu is cost-competitive with new coal power plants. The report finds the levelised cost of energy (LCOE) […]

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229.25 RE Capacity Added in First 10 Months of FY21 in Andhra Pradesh

Data from NREDCAP has revealed that in the first 10 months of the FY21, Andhra Pradesh had 229.25 MW of RE capacity connected to its grid. The New and Renewable Energy Development Corporation of AP (NREDCAP) has issued the updated status of renewable energy (RE) projects commissioned in the state of Andhra Pradesh (until January […]

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ENGIE NA Added Nearly 2 GW of Renewable Energy in the US in 2020

ENGIE North America has announced that it added nearly 2 GW of renewable energy in the US in 2020, as part of its commitment to deliver 9 GW of renewable energy capacity globally between 2019 and 2021. These new clean energy capacities will offset nearly 2.1 million metric tons of carbon and bring the firm’s […]

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Technical Complexities Will see Hybrid Tariffs Garner a Premium Over Solar: Ind-Ra

Ind-Ra believes technical complexities in hybrid renewable project development could weigh on the project economics and tariffs assumption. A new research note by India Ratings and Research (Ind-Ra) believes that upcoming wind-solar hybrid auctions will spark cautious optimism among independent power producers. Technical complexities related to grid integration and inclusion of floor capacity proportion of […]

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Emergence of Asia-Pacific Renewable Energy Sector

By Suman Jagdev, Director & Lead – Strategy Consulting, GCA Corporation, Mumbai  The Sustainable Development Goals (SDGs) adopted by the United Nations has led to articulation of clear actions for a sustainable world underpinned by responsible consumption and production.  Governments are required to meet targets assigned by the United Nations and frame adequate regulations and […]

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