Renewable Energy

Equinor powers ahead with floating wind turbines despite oil crash

April 9, 2020 Anand Gupta

The long-planned project is going ahead despite Equinor’s decision to cut investment following a plunge in oil prices that has reduced the company’s cash flow. OSLO: Norway approved on Wednesday Equinor’s 4.8 billion Norwegian crowns ($466 million) plan to build floating offshore wind turbines that will provide electricity to North Sea oil and gas platforms, […]

Renewable Energy

Longroad Energy Completes Financing for 215 MWdc Little Bear Solar Projects

April 8, 2020 Anand Gupta

Longroad and AIP broaden their partnership, with AIP investments in both the Little Bear Solar projects and Prospero I, a 379 MWdc solar project in Texas BOSTON: Longroad Energy, a US-based renewable energy developer, owner and operator, announced today the financial close and start of construction of Little Bear Solar, comprising four separate projects totaling 215 […]

Renewable Energy

AFDB donates more than 12 million euros to finance the energy transition

April 7, 2020 Anand Gupta

The Board of Directors of the African Development Fund (ADF), the concessional financing window of the African Development Bank Group, approved, Wednesday, March 25 in Abidjan, a donation of 12.46 million euros (10 million of Units of Account) intended to finance the Energy Transition and Institutional Support Program (ETISP) in São Tomé and Príncipe. The […]

Renewable Energy

Nordex Group achieves order intake of more than 1.6 GW in the first quarter of 2020

April 6, 2020 Anand Gupta

Nordex SE: The Nordex Group achieves order intake of more than 1.6 GW in the first quarter of 2020 – 85 per cent of the megawatt sold are from the Delta4000 series – 93 turbines from the new 5MW+ class sold Hamburg: The Nordex Group has closed the first quarter of 2020 with an order intake […]

Renewable Energy

Covid-19 could stop new Australia wind and solar projects, wipe out global growth

March 31, 2020 Anand Gupta

The global Covid-19 pandemic is expected to hit planned wind and solar projects in Australia and other countries particularly hard, and wipe out any anticipated growth in renewables deployment in 2020, according to a new study. The Norway-based Rystad Energy says it had expected global solar additions to grow 15% to 140 gigawatts in 2020, […]

Renewable Energy

The Groundbreaking Ceremony of Tongwei Solar 30GW High-performance Solar Cell and Supporting Project Was Held

March 28, 2020 Anand Gupta

CHENGDU: On March 25, the groundbreaking ceremony of Tongwei Solar Photovoltaic Industrial Base Project was held in Huaizhou New Town, Jintang County, Chengdu, China. With total investment of about CNY 20 billion, Tongwei Solar Photovoltaic Industrial Base Project will construct the annual 30GW high-performance solar cell and supporting project in Jintang County, Chengdu City, China, […]

Renewable Energy

Nordex Bags Order 400 MW Wind Turbines to Power Alcoa Norway

March 26, 2020 Anand Gupta

The Nordex Group has received a large order for 400 MW from Norway using wind turbines in the 5 MW+ class. The Nordex Group will supply and install 72 N149/5.X turbines, with 105 meter steel towers, at the “Øyfjellet” wind farm for a German investor. Following completion of the project in autumn 2021, the […]

Renewable Energy

Over 60 GW of wind energy capacity installed in 2019, the second-biggest year in history

March 26, 2020 Anand Gupta

GWEC calls on governments to ensure regulation is fit for purpose and “look beyond LCOE”, in order to accelerate growth of wind power and meet climate targets. GWEC has published the 15th edition of its flagship Global Wind Report, which finds that 60.4 GW of wind energy capacity was installed globally in 2019, a 19 […]

Coronavirus Impact on Power-Collections And More

Renewable Energy

Impact Of Coronavirus on Power-Collections

March 25, 2020 Anand Gupta

However, the state Discom said that provisional bills will be raised as per the DERC guidelines. The move came after the government has enforced lock-down in Delhi and has directed citizens to maintain social distancing amid coronavirus crisis. BRPL said that “In support of the govt’s measures to contain the spread of the COVID […]

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