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RE projects

Australia’s 1st Offshore Wind Project Step in the Right Direction: IEEFA

Australia’s first offshore wind project in Victoria is a step in the right direction despite the over investment, a new note has revealed. The ‘Star of the South’ off Austalia’s coast, a massive 2.2 gigawatts (GW) offshore wind capacity proposal and will be Australia’s largest electricity project and worth reportedly USD 8 billion in investments, […]

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Ørsted Issues Green Bonds Worth $394 mn in Taiwan

Ørsted has secured nominal USD 394 million through the issuance of green senior bonds, to finance its investments in offshore wind in Taiwan. The World’s largest offshore wind energy developer, Ørsted has announced that it has secured nominal Taiwanese Dollars (TWD) 12 billion (USD 394 million) through the issuance of green senior bonds, to finance […]

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French Energy Major EDF Bets on Storage With Pivot Power Buy

French utility EDF continues to invest in a future where it expects storage to play a critical role, by acquiring UK battery storage firm Pivot Power. For EDF, the acquisition is another step in its effort to become a large scale storage firm. The takeover of Pivot Power also follows EDF’s acquisition in September 2018 […]

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One-on-One Interaction with Bharat Bhut, Director, Goldi Solar Pvt. Ltd.

 Goldi Solar Pvt. Ltd, formerly Goldi Green Technologies Pvt. Ltd, is one of the fastest growing solar photovoltaic (PV) module manufacturing companies with a CAGR of 80 percent. The company manufactures PV modules using mono & poly crystalline solar cells in a range between 3Wp and 365Wp. It is also one of the leading […]

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Tata Power’s Renewable Arm Gets LoA to Develop 150 MW Solar Project

As per the deal, the energy will be supplied to Tata Power – D under a long-term PPA for 25 years from the scheduled commercial operation date. Renewable arm of utility giant Tata Power, Tata Power Renewable Energy Ltd (TPREL) has got a Letter of Award (LoA) from Tata Power – Distribution (Tata Power – […]

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MNRE Invites Bids for Evaluation of 5GW VGF Scheme

Further, the last date for submitting the proposals, in four envelope system, is November 20, 2019. The Ministry of New and Renewable Energy (MNRE) has invited expression of interest (EOI) for the evaluation of its 5 GW Viability Gap Funding (VGF) scheme. The ministry said in a statement that, it intends to engage reputed organization, […]

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Intersect Power Inks Long-term PPA with Direct Energy for 250 MW Solar Project

Moreover, the Athos I project is likely to kick start construction in June 2020 and Athos II in October 2020. Utility-scale renewable energy developer Intersect Power has signed a long-term power purchase agreement (PPA) with Direct Energy Business for Intersect Power’s 250 MW (MWAC) solar project. Direct Energy Business is a part of Direct Energy, one of North America’s largest […]

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Adani Gets LOI for Renewables-Linked Transmission Project in Gujarat

Adani Transmission has received an LOI from REC Transmission Projects to build, own, operate and maintain a transmission project in Gujarat Adani Transmission Ltd (ATL), the largest private sector power transmission company operating in India, has announced that it has received a letter of intent (LOI) from REC Transmission Projects to build, own, operate and maintain a transmission […]

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ABB to Connect World’s Largest Offshore Wind Project to UK Grid

ABB has been selected to connect the world’s largest offshore wind farms in the Dogger Bank region to the UK transmission network. ABB has been selected by UK-based SSE Renewables and Norwegian firm Equinor to supply its high-voltage direct current (HVDC) Light converter systems to connect the world’s largest offshore wind farms in the Dogger […]

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