The department stated that once markets normalise, the nation would resume course to become a net energy exporter in 2020.
Read More »Renewables Account for Almost Three Quarters of New Capacity in 2019
The renewable energy sector added 176GW of generating capacity globally in 2019, marginally lower than the 179GW added in 2018, IRENA says.
Read More »Tata Power Completes Sale of South African JV Cynnergi
Exxaro now fully owns two of Cynnergi’s wind farms in South Africa.
Read More »Innogy Enters Taiwan’s Offshore Wind Market
The company has sealed an agreement with Asia Cement Corporation to continue the development of a 448MW offshore wind project.
Read More »China Three Gorges Eyes $3.5 Billion IPO with Renewables Listing
State-owned China Three Gorges Renewables Group Co. is seeking to raise 25 billion yuan ($3.5 billion) in what could be one of the country’s biggest initial public offerings this year. The company plans to sell as many as 8.57 billion shares in Shanghai, according to a prospectus posted on the …
Read More »Belgian Offshore Wind Energy Breaks Record
The month saw record production of 803GWh thanks to exceptionally favourable wind conditions and winter storms Ciara and Dennis.
Read More »Spain and Sweden are Europe’s Cheapest Markets for PPA
Spain and Sweden have the cheapest power purchase agreement (PPA) prices in Europe for wind and solar energy, according to data from Bloomberg NEF’s (BNEF) 1H 2020 European Corporate PPA Price Survey. Sweden, with prices set around €30.50/MWh, is the cheapest market for onshore wind corporate PPAs. In the solar …
Read More »Global Renewables Expansion in 2020 will be Wiped Out by Covid-19
The momentum-building global expansion of wind and solar power plant could be stymied for at least year as government restrictions on movement impact construction timeframes and foreign exchanges market contract around the world, according to new forecast by Rystad Energy. The Norwegian analyst group calculates growth in newly commissioned renewables …
Read More »Siemens Gamesa to Supply 25 Turbines to One of Vietnam’s Biggest Wind Farms
The wind project is forecast to provide clean electricity to 240,000 people.
Read More »Tata Power Announces Expansion of Solar Assets to 90 Indian Cities
Tata Power has already deployed over 375MW of rooftop projects across Indian states such as Gujarat, Maharashtra and Tamil Nadu.
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