Category Archives: Renewable Purchase Obligation

There is still capacity to export more renewable energy avoiding curtailments and price cannibalization

Posted on January 29, 2024 by Now.Solar

The profile of electricity exchanges between the Iberian Peninsula and France shows interesting results. The Iberian exception represented a profound disruption in the pattern of exchanges between the Iberian and French markets. The analysis of exchanges by months of the … Continue reading →

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Ingeteam R&D in the wind industry: from Spain to the world

Posted on January 28, 2024 by Now.Solar

Technological innovation is a key factor in Ingeteam’s operations and is the driving force behind its growth, development and leadership.  Research, development and innovation plays a fundamental role in the company and that’s why more than 400 people are dedicated … Continue reading →

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Vattenfall switches from 15 MW wind turbines from Siemens Gamesa to Vestas for offshore wind projects in Norfolk

Posted on January 20, 2024 by Now.Solar

Vattenfall, the Swedish power company, has announced that it will switch from Siemens Gamesa to Vestas as the supplier of wind turbines for its planned offshore wind projects in Norfolk, United Kingdom. Vattenfall’s decision to opt for Vestas’ 15 MW … Continue reading →

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Vestas and RWE partner to promote exclusivity agreements and preferred suppliers for the Norfolk Wind Zone

Posted on January 19, 2024 by Now.Solar

Vestas is pleased to announce that it is partnering with RWE, one of the world’s leading renewable energy companies, to power the UK’s Norfolk wind farm, following yesterday’s agreement between RWE and Vattenfall for RWE to take over of the … Continue reading →

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Elevated subsidies enable offshore wind to end 2023 on a high note

Posted on January 17, 2024 by Now.Solar

Ørsted’s final investment decision on the Hornsea 3 project reveals the intricate dynamics of competitive tenders, pricing strategies, and regulatory advantages, showcasing how higher subsidies is shaping the success of offshore wind projects and emphasising the pivotal role of policy … Continue reading →

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Envision planned a wind power plant to be built in East Java

Posted on January 15, 2024 by Now.Solar

Breaking ground in East Java, the Chinese investor, Envision Group, has announced its plan to construct a Wind Power Plant (PLTB) in Blitar Regency. The Head of the Investment and One Stop Integrated Service Department in Blitar, Puguh Imam Santoso, confirmed … Continue reading →

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Contrary to what some politicians like Trump claim, offshore wind energy does not kill whales

Posted on January 12, 2024 by Now.Solar

Offshore wind farms have been a topic of debate lately, with some politicians claiming they pose a threat to marine life, particularly whales. However, a closer look at the research and scientific evidence reveals that these claims are unfounded. In … Continue reading →

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Vietnam considers importing wind power from Laos amid electricity shortage concerns

Posted on January 11, 2024 by Now.Solar

In an effort to address potential power shortages in its northern region, Vietnam is considering importing wind power from its neighboring country, Laos. The national energy monopoly, Vietnam Electricity (EVN), has requested approval to import at an economically viable rate … Continue reading →

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China strengthens solar and wind energy to boost green development

Posted on January 10, 2024 by Now.Solar

In the first half of this year, China’s installed capacity of renewable energy surpassed that of coal power for the first time in its history, indicating a change in the country’s energy structure. Renewable energy installed capacity continued to grow … Continue reading →

Posted in China, Cogeneration, Energy Efficiency, Energy Storage, Government, Grid Interactive Distributed Solar Energy Systems, Power Generation, Renewable Energy Certificates, Renewable Purchase Obligation, Renewables, Solar, Solar Policy, Solar PV | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

Pattern Energy Closes $11 Billion Financing of Largest Clean Energy Infrastructure Project in U.S. History

Posted on January 6, 2024 by Now.Solar

Full construction underway on SunZia Transmission and SunZia Wind, bringing clean power to 3 million Americans and over $20 billion in expected economic impacts. Pattern Energy Group LP (Pattern Energy), a leader in renewable energy and transmission infrastructure, has closed … Continue reading →

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Vestas secures an order for 242 wind turbines and 1,089 MW of wind power with Pattern Energy in the US.

Posted on January 5, 2024 by Now.Solar

Vestas has secured a firm order from Pattern Energy to power a significant portion of its SunZia Wind project in New Mexico, USA, as revealed in Company Announcement no. 20/2023, dated December 27, 2023. This is Vestas’ largest order to … Continue reading →

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Suzlon secures order for 300 MW of 3 MW wind turbines from Apraava Energy Private Limited

Posted on January 4, 2024 by Now.Solar

Supply 100 wind turbines of 3 MW nominal power each. Wind farm at the client’s premises in Karnataka, with a total installed capacity of 300 MW. Suzlon Group, India’s largest renewable energy solutions provider, today announced the award of a … Continue reading →

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Vestas sells its 656 MW wind power portfolio in Italy to PLT Energia

Posted on January 2, 2024 by Now.Solar

Vestas has sold a 656 MW wind portfolio to Italian renewable energy producer PLT Energia, one of Vestas’ oldest customers. The transaction of the projects developed by Vestas shows the company’s commitment to increasing the volume of viable wind projects … Continue reading →

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Statkraft aims for co-existence between reindeer husbandry and wind power

Posted on December 13, 2023 by Now.Solar

In the Fosen case, Statkraft’s goal is to find a solution that combines the affected reindeer herders’ right to practice their culture in co-existence with the Fosen Wind Farm. Statkraft regrets the burden the Fosen case has caused for the … Continue reading →

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The Benefits of Offshore Wind Energy for Coastal Communities

Posted on December 11, 2023 by Now.Solar

The U.S. Department of Energy has awarded a $2.5 million grant to a team of researchers led by Oregon State University. The funding will be used to conduct a study on how coastal communities perceive and benefit from the potential … Continue reading →

Posted in Bagasse, Climate Change, Government, Greenhouse Gases, Renewable Energy Certificates, Renewable Purchase Obligation, Renewables, Solar, Solar Parks, Solar Policy, Solar PV | Tagged , , , , , , , , , , , , | Leave a comment

Siemens Gamesa Planning New Onshore Wind Turbine Platform Following Technical Issues

Posted on December 2, 2023 by Now.Solar

Siemens Gamesa, a leading renewable energy company, is said to be contemplating the development of a fresh onshore wind turbine platform. This decision comes after the company experienced significant technical issues with its existing flagship models, the 4.X and 5.X … Continue reading →

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America’s clean energy future needs #WindNow – and requires further government action

Posted on November 30, 2023 by Now.Solar

As countries around the world continue to focus on energy independence and climate-change targets, the United States has enacted legislation with the potential to change the renewable energy landscape in North America.  Today Siemens Gamesa, a global wind energy leader, … Continue reading →

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Iberdrola joins forces with Norges Bank Investment Management to co-invest in 1,265 MW of new renewable capacity in Spain

Posted on November 28, 2023 by Now.Solar

Iberdrola has signed an alliance with Norway’s sovereign wealth fund, managed by Norges Bank Investment Management, to invest in 1,265 MW of new renewables capacity in Spain. Of the total capacity, 20% will come from wind and 80% from solar … Continue reading →

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Statkraft and Copenhagen Infrastructure Partners team up to develop 2.2GW of offshore wind in Ireland

Posted on November 28, 2023 by Now.Solar

Statkraft has announced a major deal with Copenhagen Infrastructure Partners’ (CIP) fund Copenhagen Infrastructure IV K/S (CI IV) as part of its plans to develop up to 2.2 gigawatts of offshore wind in Ireland. This landmark partnership will see CIP … Continue reading →

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The Nuclear Fallacy: Why Small Modular Reactors Can’t Compete With Renewable Energy

Posted on November 24, 2023 by Now.Solar

Will the small modular nuclear reactor community be able to find an optimized point on the physics vs modularity curve? I don’t think so, and discussed it with Bent Flyvbjerg, global megaproject expert. One of the topics in my recent … Continue reading →

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EU and Industry launching a new project pathing the way for connecting multiple offshore wind farms and energy islands

Posted on November 23, 2023 by Now.Solar

Europe is pathing the way for interconnected hybrid offshore wind farms. On this way offshore electricity transmission is a key challenge. The most efficient way of transporting electricity from offshore wind farms is via multi-terminal high voltage direct current (HVDC) … Continue reading →

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Capital Energy and Copsesa sign an agreement to promote wind power in Cantabria

Posted on November 21, 2023 by Now.Solar

Within the framework of the commitment of the renewable company with the socioeconomic progress of all the territories in which it carries out its activityThis leading Cantabrian construction group will be able to participate in the future start-up of the … Continue reading →

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Ørsted expects EBITDA excluding new partnership agreements of DKK 21.1 billion for 2022

Posted on November 20, 2023 by Now.Solar

Ørsted presents operating profit (EBITDA) for 2022 based on preliminary and unaudited reporting. It has been a year with unusual market conditions, not least very volatile energy prices and a substantial increase in inflation. Despite this, we achieved 2022 results … Continue reading →

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Endesa receives the environmental impact statement for the construction of the Galatea Wind Farm in Alt Empordá

Posted on November 17, 2023 by Now.Solar

This would be the first wind farm that Endesa builds in Catalonia and one of the first to receive a favorable environmental impact declaration (DIA) after the approval of Decree-Law 16/2019 on urgent measures for the climate emergency and the … Continue reading →

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GE proposes building two new offshore wind facilities in New York

Posted on November 10, 2023 by Now.Solar

Facilities are contingent on company receiving sufficient orders in ongoing solicitations. One facility would build wind turbine blades and create approximately 650 direct jobs. Second facility, which would produce nacelles for offshore wind turbines, would create roughly 220 direct jobs. … Continue reading →

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Equinor and BP jointly bid into New York’s third offshore wind solicitation (NY3)

Posted on November 7, 2023 by Now.Solar

Equinor and bp today jointly bid into New York’s third offshore wind solicitation (NY3), building on their strong commitment to deliver renewable energy for New Yorkers, create sustainable jobs, boost the economy across the state, and support a just transition … Continue reading →

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OX2 to develop 1,400 MW offshore wind farm outside the coast of Finland

Posted on November 2, 2023 by Now.Solar

OX2 has initiated the development of the offshore wind farm Tyrsky in the Gulf of Bothnia in the Finnish economic zone. The project that is estimated to have a total installed capacity of 1,400 MW and will be included in … Continue reading →

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Iberdrola exceeds 7,500 direct jobs and 70,000 indirect jobs in the US.

Posted on November 1, 2023 by Now.Solar

The company is making investments in renewables and grids that will reach $21.5 billion by 2025, including the construction of Vineyard Wind 1 and the integration of PNM Resources. Regulatory stability and the commitment of the different administrations to decarbonisation … Continue reading →

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GE connects all units at 1.2 GW Jinzhai pumped storage hydro power plant in China

Posted on October 28, 2023 by Now.Solar

GE was selected to deliver 4x 300 MW pumped storage units for the project. All units passed trial period and are now connected to the grid. The project annual generating capacity represents about 1.4 times the annual household electricity consumption … Continue reading →

Posted in China, Coal, Grid Connected, Grid Interactive Distributed Solar Energy Systems, Grid Storage, Hydro, Micro Grid, Mini Grid, Off-grid, Renewable Energy Certificates, Renewable Purchase Obligation, Renewables, Solar, solar water heating | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

The Evolutionof Energy Efficiency Policy to Support Clean Energy Transitions

Posted on October 11, 2023 by Now.Solar

IntroductionUsing energy more efficiently has proven to be an extremely successful and costeffective way to reduce energy demand. Highly developed and well proven policy instruments already exist to deliver increased energy efficiency, such as Ecodesign in Europe and Japan’s Top … Continue reading →

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Decarbonisation Pathways for Southeast Asia

Posted on October 10, 2023 by Now.Solar

Executive summaryThe International Energy Agency (IEA) and the Institute of Energy Economic, Japan (IEEJ) have developed and published long-term decarbonisation pathways for Southeast Asia and Indonesia. This paper provides a comparison of modelling approaches, quantitative drivers, and results from the … Continue reading →

Posted in Biofuels, Biomass, Cells & Modules, Coal, Cogeneration, Energy Minister, Energy Storage, Forestry, Fossil Fuel, Fuel Cells, Geothermal, Global Warming, Government, Grid Interactive Distributed Solar Energy Systems, Grid Storage, Hydro, Ministry of Power, News, Nuclear, Policy, Power Generation, PV, Renewable Purchase Obligation, Renewables, Rooftop, Solar, Solar Policy, Solar PV, Storage, Waste, Wind | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Financing Clean Energy in Africa

Posted on September 20, 2023 by Now.Solar

Foreword Energy is central to Africa’s future development, and Africa in turn will play an increasingly important role in shaping global energy trends. How these roles play out in practice will depend in large part on investment, particularly in affordable, … Continue reading →

Posted in Africa, Energy Minister, Fuel Cells, Geothermal, Global Warming, Government, Grid Interactive Distributed Solar Energy Systems, Grid Storage, Hydro, News, Nuclear, Off-grid, Policy, Power Generation, Renewable Purchase Obligation, Renewables, Solar | Tagged , , , , , , , , , , , , , , | Leave a comment

Annual Report 2021

Posted on December 2, 2022 by Now.Solar

Scatec is a leading renewable energy solutions provider, accelerating access to reliable and affordable clean energy in high growth markets. As a long-term player, we develop, build, own and operate renewable energy plants, with 3.5 GW of installed capacity across … Continue reading →

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Iberdrola plans three more Spanish solar projects totalling 450MW

Posted on March 17, 2021 by Now.Solar

Iberdrola is progressing with efforts to develop three solar farms in Spain’s Valencia region that will have a combined capacity of 450MW and require an investment of more than €235 million (US$284 million).The utility plans to build two plants (PSF … Continue reading →

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Renewable Energy Toolkit

Posted on February 16, 2021 by Now.Solar

FOREWORD After the ratification of the Paris Climate Agreement, we have observed great global political will and momentum in dealing with challenges of climate change. India is taking global leadership by working to reduce the risk and impact of climate … Continue reading →

Posted in Bagasse, Biofuels, Biomass, Cogeneration, Energy Efficiency, Energy Storage, Geothermal, Hydro, India, Off-grid, Power Generation, PV, Renewable Purchase Obligation, Renewables, Rooftop, Solar, Solar BOOT, Solar Policy, Solar PV, Storage, Waste, Waste To Energy | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Solar power tariff has hit an all-time low of Rs. 3.47 per unit in Tamil Nadu, TANGEDCO receives bid for 1500 MW

Posted on July 3, 2017 by Ritesh Pothan

Solar power tariff has hit an all-time low of Rs. 3.47 per unit in Tamil Nadu. The tariff has gone below Rs. 3 per unit in many states, but this is the first time that a prospective investor has bid so … Continue reading →

Posted in DISCOM, Greenhouse Gases, GST, India, Pollution, Renewable Purchase Obligation, Renewables, Solar, Tamil Nadu | Tagged , , , , , , , , | Leave a comment

(REC) Renewable energy certificates, battling declining demand, could be scrapped

Posted on September 26, 2016 by Ritesh Pothan

Renewable energy certificates, battling declining demand, could be scrapped, officials said. The industry, however, sees a turnaround by 2017-18 and does not want the certificates to meet the fate of carbon credits The market for these certificates, launched in 2010, … Continue reading →

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Maharashtra Renewable Energy Policy 2015

Posted on August 6, 2015 by Ritesh Pothan

Maharashtra Government has finalized its final Renewable Energy Policy. The policy will be known as Maharashtra Renewable Energy Policy 2015. Regional committee will be established to monitor the overall progress of the policy and will be headed by the principal … Continue reading →

Posted in Biofuels, Biomass, Climate Change, Cogeneration, Commercial, Government, Grid Connected, Hydro, India, Maharashtra, Pollution, PV, Renewable Purchase Obligation, Renewables, Solar, Solar Policy, Waste, Wind | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

Telangana solar power: SkyPower offers lowest bid; ACME Group bags 446 MW

Posted on August 5, 2015 by Ritesh Pothan

SkyPower South East Asia has come up with the lowest bid for supplying solar power to Telangana, with an offer of ₹5.17 per unit for one project of 50 MW and ₹5.26 for three projects of 50 MW each.The ACME … Continue reading →

Posted in Climate Change, Commercial, DISCOM, Grid Connected, India, Power Generation, PV, Renewable Purchase Obligation, Renewables, Solar, Solar Parks, Solar Policy, Telangana, Telangana | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Draft Central Electricity Regulatory Commission (Terms and Conditions for recognition and issuance of Renewable Energy Certificate for Renewable Energy Generation) (Fifth Amendment) Regulations, 2015

Posted on July 13, 2015 by Ritesh Pothan

CENTRAL ELECTRICITY REGULATORY COMMISSION NEW DELHI Dated: 26th June, 2015 DRAFT NOTIFICATION No. L-1/12/2010-CERC: In exercise of powers conferred under Section 178 of the Electricity Act, 2003 (36 of 2003) and all other powers enabling it in this behalf, and … Continue reading →

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Sunrise sector steers ahead

Posted on June 4, 2015 by Ritesh Pothan

It is the country’s biggest initiative to make the most of sunny days. Initiated as part of the National Action Plan on Climate Change, the Solar Mission has propelled the country to new heights as far as clean energy is … Continue reading →

Posted in Articles, Batch I, Batch II, Biomass, Canal Top, Climate Change, Commercial, Crystalline, DISCOM, Energy Minister, Government, Grid Connected, Hydro, India, JNNSM, Maharashtra, Ministry of Power, MNRE, NTPC, Phase I, Phase II, Power Generation, PV, Renewable Energy Certificates, Renewable Purchase Obligation, Renewables, Rooftop, Rural Lighting, Solar, Solar Parks, Thin Film, Waste To Energy, Wind | Tagged , , , , , , | Leave a comment

Central Government notifies the Tariff policy in continuation of the National Electricity Policy (NEP)

Posted on May 13, 2015 by Ritesh Pothan

Key highlights related to Renewables 1. No Inter-state transmission charges 2. Generating company proposing to establish a coal/lignite based thermal generating station after a specified date shall be required to establish a renewable energy generating station of at least 10% … Continue reading →

Posted in Biomass, Cross Subsidy Surcharge, DISCOM, Government, Hydro, India, Net Metering, Renewable Energy Certificates, Renewable Purchase Obligation, Renewables, Solar, Transmission and Distribution, Waste, Waste To Energy, Wind | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

Final Draft Guidelines for Selection of 3000 MW Grid – Connected Solar PV Power Projects under Batch-II Tranche-I “State Specific Bundling Scheme”

Posted on January 15, 2015 by Ritesh Pothan

Final-draft-3000-MW-Tranche-1-Draft-Guidelines-State-Specific-Bundling-Scheme-2015_29012015 Phase-II, Batch-II, Tranche-I : State Specific Bundling Scheme These guidelines are for 3000 MW. MNRE will indicate the total quantity for various States based on response received from the States. NVVN may then procure that quantity through one or … Continue reading →

Posted in Batch II, Climate Change, Government, Grid Connected, India, JNNSM, MNRE, Phase II, Power Generation, Renewable Purchase Obligation, Renewables, Solar, Solar Policy, Subsidy, Tranche I | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

In a good start for 2015, CERC sets the Solar REC floor price post Jan 1 2014, to a more acceptable Rs. 3500 / Certificate for sale to Discoms but doesn’t address the faulty trading mechanism

Posted on January 5, 2015 by Ritesh Pothan

Various stakeholders had raised concern about the bankability of renewable energy project under REC mechanism because of high risk perceived by the bankers/ financial institutions. The key constraint identified by them was the lack of visibility of revenue under the … Continue reading →

Posted in CERC, Commercial, DISCOM, Government, Grid Connected, Grid Interactive Distributed Solar Energy Systems, India, Power Generation, PV, Renewable Energy Certificates, Renewable Purchase Obligation, Renewables, Solar, Solar Parks, Transmission and Distribution | Tagged , , , , , , , , , , , , , , | Leave a comment

Karnataka list of bidders with prices for 500MW of Solar Power Plants, lowest successful bid starts from Rs. 6.71 per KWh and highest at Rs. 7.12 / KWp

Posted on November 6, 2014 by Ritesh Pothan

In another validation that Solar prices are now firmly at around Rs. 7 and below, just 8 Karnataka bidders below Rs. 7.12 have succeeded in picking up 500MW of Solar Projects. Click here for the PDF file Karnataka Financial Bid … Continue reading →

Posted in Crystalline, DISCOM, India, Karnataka, PV, Renewable Purchase Obligation, Renewables, Solar, Solar Policy | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

AP announces bidders of 1291MW vs 500MW of allocation for Solar Power Projects

Posted on October 27, 2014 by Ritesh Pothan

The lowest tariff quoted was by First Solar Power India Pvt Ltd at just Rs. 5.250 per KWh and the top 14 bidders out of 63 have walked away with 495MW of projects. The reason for the low quotes is the … Continue reading →

Posted in DISCOM, Grid Connected, Grid Interactive Distributed Solar Energy Systems, India, Power Generation, PV, Renewable Purchase Obligation, Renewables, Solar, Transmission and Distribution | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Rajasthan Solar Policy 2014 looking for 25 GWp Solar Capacity

Posted on October 13, 2014 by Ritesh Pothan

The Government of Rajasthan launched a new ” Solar Energy Policy-2014″ to pave the way for establishment of 25000 MW solar capacity in the state. The main objectives of the policy are creation of conducive environment for the investors in … Continue reading →

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Karnataka Farmer Solar scheme row: farmers to move HC

Posted on October 11, 2014 by Ritesh Pothan

The controversy over Karnataka Renewable Energy Development Ltd. receiving 295 applications in a record 7.25 minutes from farmers for setting up mini-solar power plants has now taken a new twist. Some farmers, who could not apply, have decided to challenge … Continue reading →

Posted in Crystalline, Karnataka, KSERC, Renewable Purchase Obligation, Renewables, Solar, Solar Policy | Tagged , , , | Leave a comment

CERC announces draft for revamp of Solar RECs in a welcome move to make it bankable

Posted on October 6, 2014 by Ritesh Pothan

CENTRAL ELECTRICITY REGULATORY COMMISSION NEW DELHI Petition No. SM/016/2014 (Suo Motu) Date of order: 30th September, 2014 Coram:                               Shri Gireesh B. Pradhan, Chairperson Shri M. Deena Dayalan, Member Shri A.K. Singhal, Member Shri A.S. Bakshi, Member ORDER IN THE MATTER … Continue reading →

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APTEL judgement on Indian Wind Energy Association Vs. 1. Gujarat Electricity Regulatory Commission 2. Gujarat Energy Development Agency 3. Gujarat Urja Vikas Nigam Limited 4. Madhya Gujarat Vij. Co. Ltd. 5. Dakshin Gujarat Vij Co. Ltd. 6. Uttar Gujarat Vij Co. Ltd. 7. Paschim Gujarat Vij Co. Ltd. 8. Torrent Power Limited, Ahmedabad 9. Torrent Power Limited, Surat 10. Kandla Port Trust 11. MPSEZ Utilities Pvt. Ltd. 12. M/s. Jubilant Infrastructure Pvt. Limited 13. M/s. Synefra Engineering & Construction Co. Ltd. 14. M/s. Torrent Energy Limited – 25-Apr-2014

Posted on May 10, 2014 by Ritesh Pothan

Summary of APTEL findings on Appeal no. 24 of 2013 & IA no. 39 of 2013: i) Appeal filed by the association of wind energy project developers against the impugned order of the State Commission allowing relaxation in Renewable Purchase obligation … Continue reading →

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