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Ørsted and Nestlé Sign15-Year Offshore Wind PPA

Nestlé UK has signed a 15-year PPA with Ørsted to buy green power output worth 31 MW from the 573 MW Race Bank Offshore Wind Farm.   Nestlé UK, the UK subsidiary of one of the world’s largest food and beverage companies, Nestlé, has signed a 15-year indexed fixed-price power purchase agreement (PPA) with Ørsted, […]

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Vattenfall Sells Rights to 240 MW Wind Farm in Scotland

Vattenfall has taken the FID to construct the 240 MW South Kyle Wind Farm in Scotland, which will be able to power approximately 170,000 UK homes on completion Vattenfall has taken the final investment decision to construct the 240 MW South Kyle Wind Farm, which will be able to power approximately 170,000 UK homes, saving […]

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Shapoorji Pallonji Inks Pact with KKR to Sell 5 Solar Assets for about $204 Mn

Shapoorji Pallonji Group’s infrastructure development arm, Shapoorji Pallonji Infrastructure Capital (SP Infra) has entered into the definitive sale agreements with KKR, a global investment firm, for its 5 operational solar energy plants with a capacity of 317 MWp in consideration of about Rs 15,540 million (~ USD 204 million). The development came after months of […]

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Making Clean Energy a key Part of Global Economic Recovery: IEA Roundtable

IEA and the Government of Denmark recently hosted a meeting to discuss the importance of making clean energy a key part of the global economic recovery The International Energy Agency (IEA) and the Government of Denmark recently hosted a high-level roundtable meeting in which government ministers and business leaders from around the world discussed the […]

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ADB Approves $100 mn Loan for Development of Advanced BESS in Mongolia

ADB has approved a USD 100 million loan to help supply RE to Mongolia by installing its first large-scale advanced battery energy storage system (BESS) The Asian Development Bank (ADB) has approved a USD 100 million loan to help supply renewable energy to Mongolia by installing its first large-scale advanced battery energy storage system (BESS). […]

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Siemens Gamesa Secures O&M Contract for a 135 MW Senvion Wind Farm in Australia

Siemens Gamesa has secured a 20-year contract to provide full-scope O&M services for a 135-MW Senvion wind farm in Victoria, Australia. Siemens Gamesa Renewable Energy has announced that it has secured a long-term, 20-year contract to provide full-scope operation and maintenance (O&M) services for a 135-MW Senvion wind farm in Victoria, Australia. Under the agreement, […]

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NTPC Issues Global EOI For Hydrogen Fuel Bus and Car project

NTPC Ltd, India’s largest power producer and a central PSU under the Ministry of Power has invited Global Expression of Interest (EoI) to provide 10 Hydrogen Fuel Cell (FC) based electric buses and an equal number of Hydrogen Fuel Cell based electric cars in Leh and Delhi. The EoI has been issued by NTPC’s wholly-owned […]

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MNRE Has A New Secretary, Indu Shekhar Chaturvedi

Indu Shekhar Chaturvedi, a 1987 batch IAS (Indian administrative service) officer of the Jharkhand cadre, has been appointed as the new secretary of the Ministry of New and Renewable Energy (MNRE). Mr Chaturvedi will take over from Anand Kumar, himself an IAS from the 1984 Kerala cadre. Mr Chaturvedi was earlier the Additional Chief Secretary […]

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MNRE Extends Off-Grid & Decentralised Solar PV Applications Programme Phase-III

In a next spell of extensions, the Ministry of New and Renewable Energy (MNRE) has extended the third phase of off-grid and decentralized solar photovoltaic (PV) applications programme till FY20-21. The Ministry further instructed that “the implementation agencies will continue to implement the scheme as per the approved guidelines dated 07-08-2018 and amendments thereof.” However, […]

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