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ADB & Fourth Partner Energy Join Hands for 25 MW Solar Power Plant in Tamil Nadu

The Asian Development Bank (ADB) and Independent Power Producer Fourth Partner Energy Private Limited (Fourth Partner) have joined hands for a long-term loan of up to Rs 1.2 billion Indian rupees towards the construction and operation of a 25 MW solar power plant. This will help augment clean and low-cost energy supply to commercial and […]

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Duke Energy Offers RECs For Residential, Small Biz in Florida

American energy company Duke Energy Florida has announced ‘Clean Energy Impact’, its newest renewable energy certificates (RECs) programme. These renewable certificates are now available to customers looking to achieve their sustainability goals and support local renewable energy. The company’s latest product is available for residential, small and medium business customers in Duke Energy’s Florida service […]

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IRA Has Turbo Charged American Solar Manufacturing-SEIA

The Solar Energy Industry Association (SEIA), an Industry Association Body of US has released a Solar Market Outlook Report. It is interesting to see how the SEIA, till recently an advocate of solar developers and cheap imports from China, has changed tack to celebrate the impending manufacturing boom in the US. The report, more a […]

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DEWA Picks Masdar to Manage 1.8GW Mohammed bin Rashid Al Maktoum Solar Park Phase 6

Dubai Electricity and Water Authority (DEWA) has selected the state-owned renewable energy firm Masdar for the construction and management of the 1,800-megawatt (MW) phase 6 of the Mohammed bin Rashid Al Maktoum Solar Park. Reportedly, Saeed Mohammed Al-Tayer, DEWA’s managing director and CEO made the announcement. The project will be built at an estimated cost […]

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Tata Power Reports 29% Growth In PAT In Q1 YoY

Tata Power today announced its financial results for Q1 of FY24. The Indian power company reported a 29 percent growth in its consolidated Profit After Tax (PAT). Its net profit stood at Rs 884 crore during Q1 of FY 23, which notched up to Rs 1,141 crore during the Q1 of FY24, registering a 29 […]

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Statkraft in Agreement with Biopharmaceutical Firm for Offtake of Energy from Wind Farms

Norway’s International Power Producer Statkraft has entered into a PPA with Sweden’s biopharmaceutical firm AstraZeneca towards energy procurement from three wind farms in Sweden. The PPA is based on the commissioning of the new wind farms in Strömstad and Årjäng, which is in Sweden’s bidding area 3 (SE3). This is also where AstraZeneca’s research and […]

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TPREL Signs PPAs with MSEDCL for 200 MW & 150 MW Solar Projects

Tata Power Renewable Energy Limited (TPREL), a firm that delves into the renewable energy sector and a subsidiary of Tata Power, has signed two significant Power Purchase Agreements (PPAs) with Maharashtra State Electricity Distribution Company Ltd. (MSEDCL) for commissioning two solar power projects, 200 MW and 150 MW, respectively. Located in Maharashtra, these projects of […]

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India Requires 13L Charging Stations By 2030: CII Report

A new report by the Confederation of Indian Industry (CII) on ‘Charging Infrastructure for Electric Vehicles’ claims that India would require around 13 lakh charging stations to cater to the growing electric mobility needs by 2030. It makes a case for the country to install around 4 lakh chargers for EV annually.  The industry association […]

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