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COVID-19 Flattens Q1 Wind Additions in Key Markets: Report

In Q1 2020, the wind sector saw a 19 percent drop in installations against the same period in 2019, mainly due to supply disruptions caused by COVID-19 Support schemes for the wind sector must be extended to prevent a prolonged slowdown in installations, according to a new analysis by Rethink Technology Research. In a quarterly []

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NTPC Tenders for 1100 kWp Solar Power Plant in Jharkhand

NTPC Ltd has issued a tender for setting up of 1100 kWp grid-connected solar PV power plant at North Karanpura in the state of Jharkhand. NTPC Ltd has issued a tender, inviting bids from eligible firms for setting up of 1100 kWp grid-connected solar PV power plant at North Karanpura in the state of Jharkhand. []

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Now Punjab Wants to Tear Up Solar Contracts

Even as the issues from Andhra Pradesh are still to be resolved, comes the news of Punjab State Power Corporation Limited (PSPCL), the key state discom, pushing for a 10 percent discom from solar power producers. PSCLs logic? The hit to collections during the Covid-19 pandemic, and the amazing argument that while determining the rate, []

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$5 Bn Green Hydrogen Project to Come up in Saudi Arabia

Air Products, ACWA Power and NEOM, have agreed on a USD 5 billion green hydrogen-based ammonia production facility in NOEM, Saudi Arabia. Air Products, in conjunction with ACWA Power and NEOM, has announced the signing of an agreement for a USD 5 billion world-scale green hydrogen-based ammonia production facility powered by renewable energy. The project, which will be []

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Sterling and Wilson Solar Board Pushes for Security From Promoters

The board of Sterling and Wilson Solar has asked company promoters to provide necessary security in respect of default on the loan installment of Rs 500 crore that was due on June 30. This was communicated by the firm in a release yesterday. The firm, which has been struggling with the issue of its promoters []

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Ørsted & TSMC Sign Worlds Largest Corporate Renewable PPA

Ørsted and TSMC have signed the largest ever renewable corporate PPA, under which TSMC will offtake the full production from Ørsteds 920 MW Greater Changhua 2b & 4 offshore wind farm. Offshore wind major Ørsted and Taiwan-based TSMC have announced that they have signed a corporate power purchase agreement (PPA), under which TSMC will offtake []

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The Perils Of A High Customs Duty Regime

Every crisis brings an opportunity with it. This is because obstacles considered insurmountable earlier, can become a lot more manageable in the rush of a crisis. Indias government has clearly decided to use the Covid-19, followed by the now bloody border dispute with China, as the opportunity to set things right for manufacturing in India. []

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SJVN Tenders for Development of 100 MW Solar Plant at Dholera Solar Park

SJVN has issued a tender, inviting SPDs for setting up a 100 MW grid-connected solar PV power plant at the Dholera Solar Park in Gujarat. SJVN Ltd, a joint venture of Government of India and the Government of Himachal Pradesh, has issued a tender, inviting bids from eligible firms and Solar Power Developers (SPDs) for []

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Sunrun to Acquire Vivint Solar for Enterprise Value of $3.2 Billion

Sunrun and Vivint Solar have entered into a definitive agreement under which Sunrun will acquire Vivint Solar in an all-stock transaction Sunrun, a leading provider of residential solar, battery storage and energy services, and Vivint Solar, a leading full-service residential solar provider in the United States, have announced that the companies have entered into a []

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