India’s Total Renewable Energy Capacity Addition to Drop in Subsequent Five Years: Report

Regarding the short-term impact of the pandemic on the sector, the report said that there would be a loss of 2-3 GW capacity addition in 2020 along with higher working capital and operational costs for developers and contractors

Business | 04/06/2020 | By Moulin

Data to Play Key Role in Unlocking Renewable Energy Investment Post COVID-19: Clir

This is, at least, according to Clir, the leading provider of performance assessment software for renewable energy, which is working with a number of major investment firms to quantify and analyze the performance of wind farms - both prior to acquisition and to optimize projects once acquired

Business | 01/06/2020 | By Moulin

Global Energy Investments to See Significant Plunge Worth $400 Billion Due to COVID-19: IEA

It added that this would be the prevalent drop in global energy investment in history, with outlay expected to plunge in every major sector from fossil fuels to renewables, and efficiency

Business | 27/05/2020 | By Moulin

India’s Present Solar Tariffs 30 Percent Lower Than Current Thermal Power Costs: Study

According to Vibhuti Garg, co-author of the study by IEEFA and JMK Research & Analytics and energy economist at IEEFA, as per present market conditions, tariffs below Rs 2.50 per kWh are economically not viable in India’s solar sector

Business | 22/05/2020 | By Moulin

Global Green Energy Growth to Drop for First Time in 20 Years: IEA Report

The world is set to build fewer wind turbines, solar plants, and other installations that produce renewable electricity this year as energy demand has been reduced across commercial and industrial sectors and logistics issues delay projects

Business | 20/05/2020 | By Moulin

RITES Subsidiary Mandated for Management of 3 GW Solar Plants Installation on Railway Land

The project will be divided into 3 phases of 1 GW each. The first and third phases of 1 GW each will be on a PPP basis under Design, Build, Finance, Operate, and Transfer model. The second phase of the project (1 GW) will be on ownership model of REMCL, which will be eligible for capital subsidy under CPSE investment scheme

Renewable energy / Solar PV | 04/06/2020 | By Moulin

Zinc8 Energy Solutions Announces the Creation of a Wholly Owned US Subsidiary in New York State

The incorporation of a United States-based company follows on Zinc8 Energy Solutions’ two recent New York project announcements, a collaboration with the New York Power Authority for a 100kW/1MWh Zinc-Air Battery energy storage system in western New York and a private sector partnership project with New York-based Digital Energy supported by NYSERDA

Business | 04/06/2020 | By Moulin

Complete Privatization Might Reduce Additional Financial Burden On Indian Discoms: GlobalData

“Private investments will help better the existing grid infrastructure resulting in a reduced amount of losses. Cities like Mumbai, New Delhi, and Kolkata, as well as some smaller towns can be cited as examples, where private participation has led to a reduction in revenue losses and more viable operations.”

Business | 04/06/2020 | By Moulin

Alstom and Snam Inks Agreement for The Development of Hydrogen Trains in Italy

The agreement, after the conclusion of the first phase dedicated to feasibility studies planned in Autumn, aims to develop, already at the beginning of 2021, railway mobility projects including both hydrogen-powered trains and the related technological infrastructure, as well as management and maintenance services

Renewable energy / Hydrogen / Fuel Cells | 04/06/2020 | By Moulin

Wind and Solar Shares 5 Year Outlook, Study Forecasts 169% Price Gains:

According to the results of the study, this could even be the biggest growth industry. In contrast to the renewable energy sector, the value of the international stock index MSCI World ACWI is set to fall by up to 4.5%

Business | 04/06/2020 | By Moulin

Renew Power Acquires Climate Connect Knowledge Solutions Private Limited

ReNew’s acquisition of Climate Connect, is expected to not only add to its digital capabilities but also allow it to offer a suite of digital product offerings to customers across the energy value chain

Business | 04/06/2020 | By Moulin

LONGi, Dupont Enter into Strategic Cooperation Agreement to Develop High-Quality Modules

As per the agreement signed, the two companies aimed to high-quality develop modules via efficient and reliable materials, which can help their downstream customers to build more reliable and higher-quality PV power projects

Renewable energy / Solar PV | 04/06/2020 | By Moulin

Sterling and Wilson Solar Implements Its First Solar Project in Oman

Significantly, this is Oman’s first renewables-based Independent Power Project and is also the biggest single-unit solar park in the world using bifacial modules. Moreover, it generates less heat and can withstand the desert’s temperature fluctuations

Renewable energy / Solar PV | 04/06/2020 | By Moulin

Amid COVID-19, China’s National Carbon Market Launch Expected to Be Delayed: GlobalData

China’s trade war with the US, weak consumer demand and the outbreak of the pandemic have largely affected the country’s economy and roll-out of the carbon market

Business | 04/06/2020 | By Moulin

ReneSola Power & Nautilus Solar Energy Announce the Sale of a 10.4 MW Minnesota Solar Portfolio

The portfolio is comprised of eight single-axis tracker solar installations, each commonly referred to as a solar garden. The projects are located in counties across the southern half of Minnesota and are designed to produce enough energy to power over 1,450 homes. The portfolio is expected to come online by the fourth quarter of 2020.

Business | 04/06/2020 | By Moulin

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