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NY’s Verizon Communications Crosses 3 GW Projected Renewable Energy Capacity

New York-headquartered Verizon Communications has announced that it has signed four new long-term renewable energy purchase agreements (REPAs) for an aggregate of up to 410 MW of renewable energy capacity. The official statement of Verizon held that with four new agreements, Verizon has surpassed 3 GW of total projected renewable energy capacity, as it continues […]

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Repowering Old Wind Turbines Could Usher INR 40,000 Cr Investments

The Ministry of New and Renewable Energy (MNRE) recently made the announcement it will be looking at the repowering of wind power plants that are old. Wind power plants that boast of more height have more height and efficiency hold the potential to lure in INR 40,000 crore of investments. This, in turn, could go […]

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EDF Renewables, Luminous Energy to Build 800 MW Solar Project in UK

EDF Renewables and Luminous Energy have announced their plans for the development of a solar power farm coupled with battery based energy storage infrastructure in the east Midlands region of the United Kingdom. The two companies will also undertake a public consultation process before the execution. EDF Renewables is a wholly-owned subsidiary of French utility […]

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First Group Captive Solar Plant for Residential Society from Tata Power RE Ltd

A subsidiary of Tata Power Tata and renewable energy giant Tata Power Renewable Energy Limited (TPREL), has entered into an agreement with Vivarea Condominium, a residential society in Mumbai for the supply of solar power. The captive solar power plant of capacity worth 3.125 MW solar plant will be established at Himayatnagar, Maharashtra. The power plant will generate clean […]

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Atlas Renewable Energy Gets $210 million For 438 MW Solar Project in Brazil

Global renewable player Atlas Renewable Energy has secured a loan of $210 million from Brazil’s Banco Nacional de Desenvolvimento Econômico e Social (BNDES) to finance its Boa Sorte solar project which is of 438 MW in capacity. Atlas said that this marks the first time that BNDES has executed a US dollar-indexed loan to a […]

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UAE’s Masdar to Develop 1 GW Renewable Energy Projects in Kyrgyzstan

UAE renewable energy conglomerate Masdar has announced that it has signed an agreement with the Ministry of Energy, Kyrgyzstan, to develop a pipeline of renewable projects in the Central Asian country, with a capacity of up to 1 gigawatt (GW). Masdar will first develop a 200 MW solar photovoltaic (PV) plant which is scheduled to […]

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CERC Approves Tariff For SECI’s 1200 MW RTC Power Project

SECI’s landmark RTC tender for green energy  has received formal CERC approval for tariff adoption and trading margins. SECI had issued a tender in 2019 for “Round-the-Clock” supply of 400 MW ISTS-connected Renewal Energy project with assured peak power supply in India under tariff based competitive bidding. SECI recently filed a petition with CERC for […]

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Australian Renewable Energy Agency Awards $30 Million For Cheaper Solar Gains

The researchers of University of New South Wales (UNSW) Sydney have been awarded about $30 million under the Australian Renewable Energy Agency (ARENA) Research and Development (R&D) Program to support research and development (R&D) and commercialisation activities to significantly reduce the cost of solar. The funds are a share of $41.5 million award by ARENA. […]

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Tunisia Comes Up With Solar Power Tenders Of 1 GW

Tunisia is catching up on its renewable energy targets to decarbonise its economy and add to the global efforts for tackling the challenge of climate change. In a fresh development, Tunisia’s Ministry of Energy, Mines and Renewable Energies has launched two new tenders for the development of solar PV projects of cumulative capacity of 1 […]

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