– Survey vessels in April started studies of the 112,800-acre Coastal Virginia Offshore Wind lease area – Virginia Beach fishermen will be employed to ‘scout’ operational areas during survey activities – Dominion Energy focused on working to develop a U.S.-based offshore wind supply chain anchored in Hampton Roads RICHMOND, Va.: Dominion Energy and its contractors […]
If the coronavirus outbreak evolves into a financial crisis, funding may be harder to secure, leading to reduced competitiveness of renewables. New Delhi: Up to 150 Gigawatt (GW) of wind and solar power projects across the Asia Pacific could be delayed or cancelled over the next five years (2020–24) if the coronavirus-led recession extends beyond […]
The Danish company and Japan’s Tokyo Electric Power Company Holdings (TEPCO) will make a joint bid for a project off Choshi city, near Tokyo, which could happen later this year TOKYO: Orsted, the world’s largest offshore wind farm developer, is concerned the coronavirus may delay auctions for offshore projects as it prepares to enter the […]
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. […]
Innogy has partnered with Asia Cement Corporation to further develop an offshore wind farm off the coast of Taiwan. The Chu Feng offshore wind power project is expected to be part of the next grid allocation round in Taiwan. Innogy Renewables Operations Offshore senior vice-president Sven Utermöhlen said: “The government has plans to considerably increase […]
GWEC calls on governments to ensure regulation is fit for purpose and “look beyond LCOE”, in order to accelerate growth of wind power and meet climate targets. GWEC has published the 15th edition of its flagship Global Wind Report, which finds that 60.4 GW of wind energy capacity was installed globally in 2019, a 19 […]
However, there could be some slippages in construction timelines due to delays in the import of modules from China. New Delhi: The ratings of solar power projects are likely to remain stable next financial year (2020-21) given revenue generation in line with projections and limited exposure to weak counterparties. Also, construction completion of projects with […]
If solutions to the problem are not found, it will add to the operational risk of renewable energy projects, discouraging investments ‘Curtailment’ of power generated by wind and solar projects is a persistent problem for renewable energy (RE) developers in India despite a ‘must-run’ assurance in regulation. ‘Curtailment’ refers to an action under which off-take […]
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 […]