Solar PV and wind will continue to be the cheapest sources of new electricity generation capacity in Australia, even when integration costs are included, according to new research from the country’s science agency, CSIRO, and the Australian Energy Market Operator. While the third annual GenCost report features a more accurate approach for analysing the cost […]
ERC Identifies Erring Power Generation Firms
MANILA, Philippines : The Energy Regulatory Commission (ERC) has identified the generation companies (gencos) that did not report plant outages or identify their facilities needing immediate technical inspection as part of measures to address the perennial problem of power shortage during summer. In a statement yesterday, the ERC said it has identified gencos that were […]
SolarEdge Technologies Stock is a Secular Solar Tailwinds Benefactor
Solar energy inverter systems solutions provider SolarEdge Technologies (NASDAQ: SEDG) stock had a volatile 2021 as shares fell (-30%) off its $377 highs made in January 2021. The Company makes smart inverters for photovoltaic (PV) systems for residential and commercial buildings, electric vehicle (EV) charging complete with a mobile smart app to monitor every aspect […]
IFC Supports Wind Projects to Promote Renewable Energy in Vietnam
HANOI : The International Finance Corporation is funding the development and construction of two wind power projects in central Việt Nam to support the country’s transition to cleaner low-carbon power generation. Construction site of Lợi Hải 2 wind power project in Ninh Thuận Province. The member of the World Bank Group IFC is providing a […]
India Adds 12.1 GW Power Generation Capacity in FY21: Report
India added 12.1 gigawatt (GW) power generation capacity in 2020-21, of which 7.7 GW was from renewable energy sources, according to a report. India’s total power generation also increased by 1.3 per cent in FY21 despite pandemic restrictions, driven by a post-lockdown surge in electricity demand. The share of RE in the energy mix was […]
SK E&C to Invest 300 Bil. Won in ESG Projects Abroad
SK Engineering & Construction (SK E&C) has recently decided to create a corporate partnership (COPA) fund with a private equity fund (PEF) company to invest in overseas ESG projects. The builder has sent requests for bidding proposals (RFPs) to several PEF management companies. The size of the fund is estimated at 300 billion won. It […]
SJVN Issues EOI to Acquire Hydro, Solar, and Wind Projects in India
Expression of Interest from Independent Power Producers (IPP’s), Power Generation Companies, Power Plant Developers, State Electricity Boards, Lenders etc. for offering their Hydro/Solar/Wind Power Projects in India for acquisition by SJVN. For more information please see below link.
Iraq, Total agree to work jointly on associated gas, solar power projects
Iraq wants to lower dependence on Iranian gas, electricity 1,000 MW solar power plant Natural gas produced mainly from pumping oil Dubai — Iraq and French oil major Total agreed to jointly work on developing four associated gas and solar power projects, the country’s oil ministry said March 29, as OPEC’s second largest producer seeks to […]
Renewables to occupy 50% installed capacity by FY27
The country’s current installed generation capacity is around 3,79,000 MW. Of this coal based capacity is roughly over 2,05,000 MW while renewables is around 1,30,000 MW. New Delhi: Coal based power plants would remain the major contributors to India’s energy needs over the medium term, but the composition is set to witness a major change […]
Vietnam to cut rooftop solar feed-in tariff in bid to ease grid pressure
HANOI: Vietnam plans to cut the feed-in tariff for rooftop solar panels by 30.8-37.9% in a bid to reduce pressure on the national power grid following a recent boom in installed capacity, state media has reported. Vietnam has had one of the fastest growing renewable energy markets in Asia in recent years, but the development […]