According to the report titled ‘Power Watch: March 2020’, thermal plant load factor (PLF) declined to 52.6 per cent in March 2020 on account of the lower demand New Delhi: Amid the COVID-19 lockdown, renewable power generation remained unaffected due to their ‘must-run’ status while electricity from thermal sources were impacted most due to a […]
Punjab: Essential operation of renewable power generation utilities
Punjab: Essential operation of renewable power generation utilities For more information please see below link:
Storing excess seasonal renewable power as hydrogen is economically viable: DNV GL
By basing seasonal electricity storage on compressed hydrogen, and coupling it with the rise of synthetic fuels, the possibility for those storage elements to be cost-competitive parts of long-term storage is very real, DNV GL found in a research paper released this week. Kolkata: Excess power generated from renewable sources that are seasonal in nature, […]
Australia May Add Record Amount of Renewable Power in 2020
Australia is set to add a record amount of renewable power in 2020, driven by growing corporate demand for clean electricity and to fill generation gaps created by the retirement of aging coal-fired plants. New markets are expected to unlock growth as pilot hydrogen projects start and oil, gas and mining projects invest in off-grid […]
Rs 1,228 crore dues to renewable power firms cleared in December
The discoms paid Rs 18.82 crore to solar and wind developers on Dec 12, Rs 205.89 crore on Dec 18, Rs 119 crore on Dec 19 and Rs 868.57 crore on Dec 31. VIJAYAWADA: Despite being faced with a severe financial crunch, the Andhra Pradesh discoms are making all-out efforts to clear the dues of […]
Mexico’s Renewable Power Suppliers Face Risks Under Grid Proposal
Mexico’s Federal Electricity Commission is proposing to cancel some contracts and eliminate discounts on transmission costs for power generators to use its network, dealing the latest blow to Mexico’s budding private renewable energy market. CFE, as the state utility is known, is seeking to eliminate 50% discounts on transmission costs for so-called legacy permits granting […]
HC directs Andhra government to clear Rs 1,450 Cr dues to renewable power firms
Hyderabad: The Andhra Pradesh High Court on Friday directed the power distribution companies to clear its Rs 1,450 crore dues to solar and wind power producers for the power it purchased from them. The amount is to be paid to the producers within four weeks. A division bench of the HC comprising chief justice […]
China aims to boost revenue for renewable power firms
China said last week it will cut its renewable power subsidy by 30% to 5.67 billion yuan ($800 million) in 2020, and plans to stop funding large solar power stations and onshore wind farms in the coming two years, partly due to a payment backlog. China plans to make power purchasers take fair returns into […]
Answer to Renewable Power’s Top Problem Emerges in the Outback
The answer to the renewable energy industry’s biggest challenge is emerging in the Australian outback. Early next year, one of the first power projects that combine solar and wind generation with battery storage is planning to start up in northern Queensland state. The Kennedy Energy Park, just outside the sleepy town of Hughendon, will combine […]
Mainstream Renewable Power Closes USD$580 Million Wind and Solar Financing Deal in Chile
DUBLIN : Global wind and solar development company, Mainstream Renewable Power (“Mainstream” or “The Company”), has reached financial close for the first phase of its wholly-owned and fully-contracted giant 1.3 gigawatt “Andes Renovables” wind and solar power generation platform in Chile. The Company has successfully raised USD$580 million in debt to fund construction of phase one of […]