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Spain Closes 2019 With Nearly Half Renewable Energy Mix

According to data furnished by the REE, at the end of 2019, renewable energy represents nearly half of the total installed generation capacity in Spain According to data furnished by the Red Eléctrica de España (REE), a partly state-owned and public limited Spanish corporation which operates the national electricity grid in Spain, During 2019, the […]

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Lighting up India’s hinterland

India has emerged as the fastest growing energy market in the world. Investments in the sector grew at 12 percent last year with spending on renewable energy (RE) exceeding fossil fuel-based power. The country aims at being a power surplus nation and RE can play a big role in the transition. In April 2018, the […]

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Capital Dynamics, 8minute Partner on 400 MW Solar & Storage Centre

Capital Dynamics and 8minute Solar Energy have partnered through equity financing and acquisition of the 400 MW Eland Solar & Storage Center in California. Capital Dynamics, an independent global private asset management firm has announced that its Clean Energy Infrastructure (CEI) business has entered into a development partnership with 8minute Solar Energy through the equity […]

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MERC Extends Commissioning Deadline for 75.6 MW Wind Project

MERC has ordered MSEDCL to extend the Financial Closure and Scheduled Commercial Operation Date for Clean Wind Power’s 75.6 MW wind energy project The Maharashtra Electricity Regulatory Commission (MERC) has in its latest notification ordered the Maharashtra State Electricity Distribution Company (MSEDCL) to extend the Financial Closure (FC) and Scheduled Commercial Operation Date (SCOD) for […]

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UAE Announces new Funding Agreements under $50 Mn Caribbean RE Fund

The UAE-Caribbean RE Fund has entered into the second cycle of its 3-year plan to build climate-resilient renewable energy projects in 16 Caribbean nations The UAE-Caribbean Renewable Energy Fund (UAE-CREF) has entered into the second cycle of its three-year plan to build climate-resilient renewable energy projects in 16 Caribbean nations, successfully completing new development and […]

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Portugal’s Galp Acquires 2.9 GW Solar Portfolio From ACS in Spain

Galp Energia has reached an agreement with the ACS Group for the acquisition of projects for the generation of solar energy in Spain Galp Energia, a Portuguese corporation which consists of more than 100 companies engaged in activities such as natural gas supply, transport, storage, etc has announced that it has reached an agreement with […]

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Bihar Approves Tariff for 2 MW Power From Floating Solar Project

The Bihar Electricity Regulatory Commission has approved a tariff of Rs 4.15/kWh for the procurement of 2 MW power from a floating solar PV plant in Darbhanga. The Bihar Electricity Regulatory Commission (BERC) has in its latest order approved a tariff of Rs 4.15 per kWh for procurement of 2 MW solar power from a […]

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SECI Signs PSA for 400 MW Solar Power With Telangana Discom

SECI has signed a PSA worth 400 MW solar power with the Telangana Discom in Hyderabad. The Solar Energy Corporation of India (SECI) has signed a Power Sale Agreements (PSA) worth 400 MW solar power with the Telangana Discom at the Vidyut Soudh in Hyderabad. The signing of the agreement was announced on the official […]

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