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Solar Projects, City gas and Infrastructure Bright Funding Spots: SBI

SBI Chairman has said that there is adequate availability of funds and opportunities are mainly in solar power, city gas, and infrastructure projects. State Bank of India (SBI) Chairman Rajnish Kumar has stressed that there is adequate availability of funds with the banking system but he does not find enough projects where investment is being sought. He said […]

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Sitharaman Holds Pre-Budget Consultation with Experts of Energy, Climate Change, Infra Sec

In a step towards the preparation of General Budget 2020-21, Nirmala Sitharaman, the Union Minister of Finance & Corporate Affairs, held 7th Pre-Budget consultation on Friday with various industry stakeholders. During the meeting, the infrastructure sector stakeholders and experts from the energy sector and climate change were present as the General Budget is scheduled to […]

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Statkraft and Solaria Sign 10-Year 252 MW Solar PPA

Statkraft and Solaria have signed a long-term physical power purchase agreement (PPA) for five solar parks. Statkraft, one of Europe’s leading provider of market access services and Solaria, leading solar power generator in Spain, have signed a long-term physical power purchase agreement (PPA) for five solar parks. The initial duration of the agreement is ten […]

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Infrastructure Sector Makes the Case for Captive RE Policy and More

The infrastructure sector has urged the government to bring captive renewable policy and exempt from cross-subsidy charges to make renewable energy more viable The infrastructure sector has urged the government to bring captive renewable policy and exempt from cross-subsidy and transmission charges to make renewable energy more viable for those willing to set up clean energy plants beyond factory […]

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Walton, Silicon Ranch Announce 125 MW Solar Projects for Facebook

Walton EMC has executed contracts with Silicon Ranch on behalf of Facebook for two new solar projects totaling 125 MW for Facebook’s data center in Georgia. Walton Electric Membership Corporation (EMC), a consumer-owned utility with a reputation for energy innovation, has executed contracts with Silicon Ranch on behalf of Facebook for two new solar projects […]

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Equinor Increases Stake in Scatec Solar With Purchase of 6.5 mn Shares

Equinor has acquired 6,500,000 shares in Scatec Solar, corresponding to 5.2 percent of the shares and votes, at a total purchase price of USD 84 million. Equinor has acquired 6,500,000 shares in Scatec Solar, corresponding to 5.2 percent of the shares and votes, at a total purchase price of NOK 754 million (USD 84 million). […]

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EDPR Secures Long-Term CfD for 307 MW Wind at Polish Auction

EDPR has secured a 15-year CfD at the Polish energy auction to sell electricity produced by a portfolio of 11 wind farms with a total capacity of 307 MW. EDP Renováveis (EDPR), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, has announced that it has secured […]

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Vestas Develops Wind Energy Solution for 50 MW Project in Vietnam

Vestas has developed a customised wind energy solution for a 50 MW intertidal project site in Bạc Liêu Province of Vietnam Using onshore wind technologies to harvest wind resources from the sea, Vestas has developed a customised solution for a 50 MW intertidal project in Bạc Liêu Province, Vietnam for the local EPC construction company Bac Phuong JSC. […]

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Sharp Decrease in Solar Installations in China After Policy Change

China transitioned from a feed-in tariff system to auctions for solar projects in 2019, and the market responded with a sharp decrease in solar installations In 2019, China transitioned from a feed-in tariff system to auctions for solar projects on a national level. The market responded with a sharp decrease in solar installations after the […]

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