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renewable energy

NTPC to Raise Rs 4374.10 Crore via Bonds

NTPC has said it will raise Rs 4,374.10 crore on April 16, 2020, through the issuance of unsecured non-convertible bonds on private placement basis. State-run power giant NTPC has said it will raise Rs 4,374.10 crore on Thursday i,e. April 16, 2020, through the issuance of unsecured non-convertible bonds on private placement basis. As per […]

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Brazil Faces Indefinite RE Auctions Delay of Over 51GW Due to Coronavirus

Amid the outbreak of Covid-19, the Brazilian government has postponed the national energy generation and transmission auctions of clean energy comprising more than 51 GW which were scheduled for May this year, for an indefinite time frame, said the report. This includes auctions both A-4 and A-6, as well as tenders for the transmission lines, […]

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Lightsource BP Secures 20-Year PPA for 132 MW Solar Project

The Conway Corp Board of Directors approved a 20-year PPA with Lightsource BP for the development of a 132 MWdc solar energy project in White County, Ark. The Conway Corp Board of Directors approved a 20-year purchase power agreement (PPA) with Lightsource BP, a global solar leader, at its April 3, 2020 meeting. The agreement […]

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Norway Okays Equinor’s Floating Wind Farm Plan

The Norway’s Ministry of Petroleum and Industry has provided its go-ahead for the Equinor’s plan to develop and operate its Hywind Tampen wind farm. Now, the Snorre and Gullfaks platforms will be the first platforms in the world to receive power from a floating offshore wind farm. This Hywind Tampen wind farm is expected to […]

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Stolen by Covid. Woodmac Projects 3 GW Hit on Solar, Wind Due to Lockdown

Wood Mackenzie, the global industry tracker, in its latest report today has projected that India could face over 21.6% or 3 gigawatts (GW) of solar photovoltaic (PV) and wind installations delays  as a result of the country’s lockdown. Wood Mackenzie principal analyst Robert Liew said: “The timing of the lockdown is unfortunate as Q1 is […]

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Nordex Group Reports Order Intake of 1.6 GW in Q1 2020

The Nordex Group has announced that it has closed the first quarter (Q1) of 2020 with an order intake of 1.644 GW, up 59% from the same period in 2019 The Nordex Group has announced that it has closed the first quarter of 2020 with an order intake of 1.644 GW, increasing the volume of […]

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Solaria Files Suit Against Canadian Solar for Patent Infringement

The Solaria Corporation, a US-based global provider of advanced solar energy products, has announced that it has filed suit against Canadian Solar The Solaria Corporation, a US-based global provider of advanced solar energy products, has announced that it has filed suit against Canadian Solar Inc., the leading Chinese solar panel manufacturer, in the Federal District […]

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Suzlon Survives, With Debt Recast From Bankers

Troubled Wind Energy manufacturer Suzlon has informed the stock exchanges about a debt recast approved by its lending consortium, led by the State Bank of India. The total amount involved has been reported to be close to Rs 14,000 crores. The firm has been in financial trouble for quite some time, a situation that has […]

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Western Turbine OEMs Challenged to Gain Market Share in China: WoodMac

Western turbine OEMs are struggling to compete amidst intense turbine pricing competition as China moves towards wind grid parity targets by 2020 Western turbine OEMs are struggling to compete amidst intense turbine pricing competition as China moves towards wind grid parity targets by 2020. It has been reported that in the 6 GW auction for […]

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