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Acciona Posts 13.7% EBITDA for Energy Business Despite 9.5% Drop in Turnover

Spanish conglomerate group Acciona has reported its financial figures for the financial year 2019, recording a net profit of EUR 352 million in 2019 (+7.2%) Spanish conglomerate group dedicated to the development and management of infrastructure and renewable energy – Acciona has reported its financial figures for the financial year 2019, recording a net profit […]

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The Role of AI and ML in Solar Energy

Climate change is one of the biggest threats that humanity is currently facing. With these challenges which lie before the government and various energy solution providers, it has become imperative for them to provide a sustainable mode of renewable energy. This has also made renewable energy to be an alternative source of energy compared to […]

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Andhra Govt Releases Rs 2,984 Cr to Clear Power Dues

The Andhra Pradesh government has released Rs 2,984 crore to clear pending dues to solar and wind power generators, central and state generating stations The Andhra Pradesh government on February 26, 2020, released a sum of Rs 2,984 crore to clear long- pending dues to solar and wind power generators, central generating stations, and state generating stations. […]

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Rajasthan Sets Levelised Tariff for Solar Projects Under KUSUM Scheme

The Rajasthan Electricity Regulatory Commission has set the pre-fixed levelised tariff for solar projects in different components under the PM KUSUM scheme. The Rajasthan Electricity Regulatory Commission (RERC) in its latest tariff order has announced that it has set the pre-fixed levelised tariff for solar projects in different components under the PM KUSUM scheme. The […]

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Vestas Bags Orders Worth 160 MW in Mexico and China

Vestas has secured two orders worth a combined 160 MW capacity in Mexico and China. An EPC order for a 108 MW project and a 52 MW turbine order in China. Vestas has secured two orders worth a combined 160 MW capacity in Mexico and China. The first order has been received for an engineering, […]

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NextEra Energy Sells $2.5 Bn in Equity Units to JP Morgan, Wells Fargo and BofA

NextEra Energy has announced that it has agreed to sell USD 2.5 billion of equity units to JP Morgan, Wells Fargo Securities, and BofA Securities. NextEra Energy, Inc has announced that it has agreed to sell USD 2.5 billion of equity units to J.P. Morgan, Wells Fargo Securities, and BofA Securities. The transaction is expected to close on February 21, […]

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Andhra Govt Proposes to set up Solar Plants for 10 GW Power

The Andhra Pradesh Government has proposed to set up its own solar plants to produce 10 GW of solar power to meet the requirements of the agriculture sector. The Andhra Pradesh Government has proposed to set up its own generating units to produce 10,000 MW (10 GW) of solar power to meet the energy requirements […]

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Geronimo Energy and Basin Electric Announce PPA for 128 MW Solar Project

Geronimo Energy and Basin Electric Power Cooperative have announced the execution of a PPA for the Wild Springs Solar Project. Geronimo Energy, a National Grid company, and Basin Electric Power Cooperative have announced the execution of a Power Purchase Agreement (PPA) for the Wild Springs Solar Project. Wild Springs is a 128 megawatt (MW) solar […]

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Facebook Adds 9th Dominion Energy Solar Facility in Virginia to its Portfolio

Dominion Energy and Facebook are continuing their joint effort to increase renewable energy generation by adding a new solar facility in Virginia Dominion Energy and Facebook are continuing their joint effort to increase renewable energy generation by adding a new solar facility in Greensville County, Virginia, to the list of those that will be dedicated to Facebook. […]

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