In the Matter of: Petition under Sections 86 (1) (a), (b), (e), (f) read with Sections 61 (h) and 62 (1) (a) of the Electricity Act, 2003 for determination of the Average Power Purchase Cost of the Respondents for each year starting from 2009-10 in order to comply with the provisions of the CERC (Terms […]
Global Winds Have Sped Up, Bringing a Boost to Wind Energy
Global Winds Have Sped Up, Bringing a Boost to Wind Energy Global wind speeds decreased for three decades since 1978. Since 2010, speeds have increased at a rate nearly three times faster than the decreases. The faster wind speeds have increased potential wind energy by 17%. The wind has gotten faster, and that’s good news […]
One-by-one: Saft supplying Nordic region’s next big battery project
Almost exactly a year since the Nordic region’s ‘largest’ battery energy storage system to date was announced, Saft has said that the next system to take that crown will be a project the company will work on in Finland. Saft, the battery energy storage system (BESS) specialist fully-owned by energy major Total, emailed Energy-Storage.news today […]
NTPC wind energy tender receives tepid response from developers
BENGALURU : Wind tenders continue to draw little interest from developers including those from ‘navratna’ NTPC, whose latest tender, issued for the second time on Wednesday, drew no response. NTPC first issued the tender of 1,200MW few days ago setting a ceiling tariff of Rs 2.85 per unit. When no developer showed interest, it revised […]
India to Build Solar, Wind Farms Along Pakistan Border in Bid to Reduce Carbon Footprint
Mired in an economic slowdown, the government has tripled spending over the last three years as part of its push to cut down the use of oil and coal. Mumbai: India plans to build a string of renewable energy projects along its sun-baked, wind-whipped western border, officials said Monday, as New Delhi continues an ambitious […]
Asia Poised to Become Dominant Market for Wind Energy
Wind energy could cover more than one third of global power needs in 2050 reducing global carbon emissions by a quarter, new IRENA report finds Beijing, China: Asia could grow its share of installed capacity for onshore wind from 230 Gigawatt (GW) in 2018 to over 2600 GW by 2050, a new report by the International Renewable Energy Agency […]
Statkraft front-runner in race for Continuum Wind Energy
Morgan Stanley Infra Partners-owned biz has more than 700MW of operational assets In 2015, SunEdison Inc. had entered into an agreement to acquire Continuum Wind. MUMBAI : Norway’s state utility Statkraft has emerged on top in the race for Continuum Wind Energy, a wind energy platform owned by Morgan Stanley Infrastructure Partners, said two people […]
IL&FS proposes to NCLT sale of wind energy assets to ORIX of Japan
The proposal has been filed before the Tribunal after completing binding Share Purchase Agreement with ORIX Corporation and obtaining “in-principle” approval from all lenders for completing this transaction, subject to NCLT approval. Mumbai: Embattled IL&FS group has proposed to the National Company Law Tribunal (NCLT) the sale of its wind energy business to Japan’s Orix […]
India’s 1.2GW tender pits dispatchable renewables as viable alternative to conventional power
The state enterprise Solar Energy Corporation of India (SECI) issued at the beginning of the month a tender for 1,200MW of renewable power that can be used to alleviate peak demand issued on the grid, in effect mandating the use of energy storage systems (ESS). An invitation has been issued for bids to build, own […]
Scotland’s wind energy just set a new record, putting country on track for 100% renewable electricity in 2020
Scotland’s wind energy just set a new record, putting country on track for 100% renewable electricity in 2020. As we work to fight the climate crisis, one of the most important things we can do is continue shifting towards renewable energy. And while some countries may be struggling to make that shift, Scotland is excelling. […]
