Despite US President Donald Trump’s calls for cuts of 10 million bpd or more, OPEC+ are expected to agree on a “soft cut” of around 4.3 million bpd versus the group’s output in April 2020, JP Morgan said LONDON: OPEC and Russia this week are likely to agree to cut oil output by about 4.3 […]
Greece wraps up PV tender with record-breaking €0.04911/kWh tariff
Greece held its last round of renewable energy tenders in Athens on Thursday, resulting in the lowest tariff ever awarded to a renewable energy project in the country. Greece has launched a series of renewable energy tenders to procure new solar PV and wind power capacity in separate auctions and joint tenders. Earlier this week, […]
Covid-19: India’s Renewables Installation Could Fall Over 20% Due To Lockdown
India could face over 21.6 percent of 3 gigawatts of solar power and wind energy projects being delayed due to the nationwide lockdown imposed to check the spread of coronavirus, Wood Mackenzie said in a report. While wind projects would be hit by supply and labour disruptions in the peak season, solar photovoltaic installations are […]
3 GW of solar and wind energy projects face delays on COVID-19 lockdown
The timing of the lockdown is unfortunate as the first quarter is typically one of the busiest periods for wind project installations. New Delhi: India could face over 21.6 per cent or 3 Digawatts (GW) of solar photovoltaic (PV) and wind installations being delayed as a result of the country’s lockdown, according to Wood Mackenzie. […]
China Three Gorges Plans $3.5 Billion IPO of Renewables Unit
State-owned China Three Gorges Renewables Group Co. is seeking to raise 25 billion yuan ($3.5 billion) in what could be one of the country’s biggest initial public offerings this year. The company plans to sell as many as 8.57 billion shares in Shanghai, according to a prospectus posted on the website of the China Securities […]
PM’s April 5 blackout call puts power sector on alert mode to maintain grid stability
The Grid stability in the country is maintained by keeping power frequency within a range specified by Central Electricity Regulatory Authority (CERC). Any deviation from identified frequency is managed by increasing or decreasing power flow in the grid New Delhi: Prime Minister Narendra Modi’s appeal for a 9-minute blackout at 9 p.m. on Sunday, has […]
Solar firm Azuri helping off-grid children across Kenya to continue education while schools closed
Nairobi, Kenya: Azuri Technologies, a leader in pay-as-you-go solar home solutions for off-grid Africa, is helping to off-grid children across Kenya to continue education while schools remain closed. Kenyan schools have been shut down as a measure to contain spread of the Coronavirus. With more than 15 million primary and secondary students at home, the […]
The Virus Is Bending Most Markets. Will Renewable Energy Break?
Markets of every sort, in every part of the world, are responding to the shock of Covid-19. Almost nothing is left untouched, whether it’s consumer-facing, business-to-business, a luxury, or a commodity. Looking across a number of markets this week, there are two states: bending and breaking. Here’s a bending market: U.S. aviation. On March 6, […]
Global energy storage market to grow over 5-fold to $100 bn by 2025: WoodMac
The energy storage market is anything but predictable. As it continues to mature, more credible pipelines are developing. China, Australia, and the US all have grand ambitions to deploy gigawatts’ worth of energy storage each year out to 2025 New Delhi: The global energy storage market is set to grow 13-fold to 230 GW by […]
Invitation For Tender Related Queries For 34 MW Solar Power Projects
INVITATION OF TENDER RELATED QUERIES : TENDER FOR 34 MW (AC) GRID CONNECTED GROUND BASED SOLAR PV POWER PROJECT AT SCCL, TELANAGANA Invitation of Tender related queries: Owner: The Singareni Collieries Co., Ltd, Kothagudem, Telangana (SCCL) Employer: Solar Energy Corporation of India Limited (SECI), New Delhi, India Tender title: Design, Engineering, Supply, Construction, Erection, Testing, […]