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renewable energy generation capacity

Sonnedix, Natixis Close Financing for 100 MW Solar Portfolio

Sonnedix and Natixis have successfully closed senior facilities totaling USD 87 million for an expected 100 MW solar PV portfolio in Chile. Sonnedix, a global solar independent power producer (IPP), and Natixis have successfully closed senior facilities totaling USD 87 million for an expected 100 MW portfolio (Sonnedix PMGD Portfolio) of approximately 20 solar photovoltaic plants in Chile. The Portfolio consists […]

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Ørsted Reaches Offshore Milestone, Installs 1500th Turbine

Ørsted has reached another milestone in its expanding offshore wind business with the installation of wind turbine 1,500 at the Borssele 1 & 2 project Global offshore wind major – Ørsted has announced that it has reached another milestone in its expanding offshore wind business with the installation of offshore wind turbine 1,500. The firm […]

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Bengal Chief Minister Joins Building Chorus Against Electricity Act Amendments

The Electricity Act Amendment Bill (2020), slated for a possible introduction in the coming session of parliament, faced a predictable salvo yesterday. West Bengal Chief Minister Mamta Banejee termed its provisions ‘anti- federal’ and even ‘inhuman’ to be brought up at a time when the pandemic is raging. In a strongly-worded letter to Prime Minister […]

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Andhra Govt Renegotiates Greenko IREP Contract, Secures Rs 3495 Cr Extra Revenue

AP Govt has secured an additional revenue of Rs 3495 crore after it successfully renegotiated the IREP contract with the implementing firm Greenko group. The Andhra Pradesh (AP) Government has announced that it has secured an additional revenue of Rs 3495 crore after it successfully renegotiated the contract, for the proposed Integrated Renewable Energy Project (IREP), […]

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Total Solar Forays into Vietnam; Inks Pact for 3.2 MW Rooftop Solar Projects

Total Solar Distributed Generation (DG), an arm of energy giant Total, has forayed into the Vietnam market after signing an agreement with sports footwear maker Ching Luh Group to provide 3.2 MW rooftop solar plants for two of its facilities in Vietnam. Through this move, the energy giant has continued its strategy of expansion of footprints […]

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PG&E Gets Approval for Microgrid Proposal from California Commission

The comprehensive and cost-effective microgrid proposals by PG&E, designed to reduce the number of customers affected by PSPS event has been approved. The California Public Utilities Commission (CPUC) has approved the Pacific Gas and Electric Company’s (PG&E) comprehensive and cost-effective microgrid proposals, which are designed to reduce the number of customers affected by Public Safety […]

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RTM Trading to Enable Efficient Price Discovery, Support Grid Balancing, Says ICRA

The recent launch of the real-time market (RTM) for power trading likely to lead to efficient price discovery in the power trading market, said a leading credit rating agency, ICRA. On the other hand, it will also enable power distribution utilities (Discoms) and the open-access consumers to bid for electricity within 1 hour of the […]

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India to add 15 GW of Wind-Solar Hybrid Power Over Next 5 Years: CRISIL

In its new report, CRISIL takes a look at wind-solar hybrid (WSH) projects in India, which it estimates will reach 15 GW capacity over the next 5 years. In its new report, ratings and research agency CRISIL has looks the case of wind-solar hybrid (WSH) projects in India. A segment that it believes is fast […]

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France Selects 306 Rooftop Solar Projects in Latest Auction Round

France has selected 306 rooftop solar projects worth a combined 152 MW in generation capacity in the tenth round of auctions that were recently concluded The Ministry of Ecological and Solidarity Transition in France recently announced the winners in the tenth round of tenders for commercial and industrial rooftop PV systems with generation capacities ranging […]

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