Govt Brings National Policy for Wind-Solar PV Hybrid Projects

A scheme for new hybrid projects under the policy is also expected shortly. The government has issued a new national wind-solar hybrid policy aiming to provide framework for promotion of large grid connected wind-solar PV hybrid system for efficient utilization of transmission infrastructure and land. The Ministry of New and Renewable Energy (MNRE) also said […]

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India Relegates in Global Renewable Market Index, Ranks at Spot 4

A report by UK accountancy firm, Ernst & Young (EY) has attributed the relegation in India’s ranking to the latest auctions in which the wind and solar tariffs were kept low. Indian has slipped two ranks in renewable energy country attractive index making it rank 4th in the list preceded by China, US and Germany. […]

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Ideal Energy Picks NEXTracker’s NX Flow for Solar-plus-Storage System in Iowa

The project will be built on University land and after completion it is projected to be one of the largest solar-plus-storage power plants in the state, producing enough energy to cover nearly a third of the University’s annual electricity usage. Iowa-based Ideal Energy has selected NEXTracker NX Flow integrated solar-plus-storage system for its 1.1 MW power plant at […]

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SECI Invites Bids for 2000 MW Hybrid Projects

This project is reportedly much larger than the first tender for 16 MW that was issued this January by SECI. The company envisioned setting up a greenfield hybrid project in Andhra Pradesh’s Anantapur district. The results of this bid are yet to be announced. Solar Energy Corporation of India (SECI) is all set to promulgate its […]

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World’s New Power Generation Banking on Sunshine

The United Nations Environment report indicated that the solar energy has dominated global investment in new power generation like never before in 2017. The world installed a record 98 gigawatts of new solar capacity, far more than the net additions of any other technology – renewable, fossil fuel or nuclear. Climbing investment Solar power attracted […]

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Nextera Energy to Sell its Canadian Renewable Portfolio

An affiliate of NextEra Energy Resources will continue to operate all of the facilities included in the transaction under a 10-year services agreement with CPPIB. NextEra Energy Partners has signed a definitive pact with Canada Pension Plan Investment Board (CPPIB) for the sale of its wind and solar generation portfolio in Canada, for about USD 582.3 million. […]

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Fossil Fuels Dominance Shrank on Renewables’ Cost Reduction, Says BNEF

The report on the levelized cost of electricity (LCOE) for all the leading technologies states that fossil fuel power is facing an unprecedented challenge in all the three roles it performs in the energy mix – supply of ‘bulk generation’, supply of ‘dispatchable generation’, and provision of ‘flexibility’. After significant reduction in the cost of wind, solar […]

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MNRE Ceases Empanelment Of Channel Partners Under Grid Connected Rooftop and Small Solar Power Plants Program

An auction of up to 21GW solar and wind capacities combined to be issued by the Ministry of New and Renewable Energy (MNRE) by March 2018. In an official notice dated of 23 November 2017, The Ministry of New and Renewable Energy (MNRE) declared the discontinuation of empanelment of channel partners under grid connected rooftop and […]

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China Solar, Wind to Attract $780Bn Investment by 2030: Research report

China has pledged to increase non-fossil fuel energy to at least 20 percent of total consumption by the end of the next decade, up from 12 percent in 2015, part of its efforts to tackle air pollution and bring carbon dioxide emissions to a peak by around 2030. China’s wind and solar sectors could attract […]

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