India’s Tata Power Reports 2.4X Jump In Profit From Renewable Energy
India’s ‘largest integrated power company’ Tata Power reported a huge increase in profit from its renewable energy business during the financial year ending March 2018.
India’s ‘largest integrated power company’ Tata Power reported a huge increase in profit from its renewable energy business during the financial year ending March 2018.
Europe-based wind turbine manufacturer Senvion has secured it first major order in India under the country’s budding reverse-auction program.
The North African country of Tunisia has issued two renewable energy tenders totaling 1 gigawatt (GW), including a tender for 500 megawatts (MW) of solar PV and 500 MW of onshore wind.
One of the world’s leading offshore wind energy companies, MHI Vestas, has signed its fifth Memorandum of Understanding in Taiwan, solidifying its readiness for the first round of Taiwan offshore wind projects, and confirmed it’s 9 megawatt (MW) wind turbines will be typhoon-ready by 2020.
In an attempt to sustain low tariff bids and optimal use of transmission infrastructure, India is looking to introduce tenders for development of hybrid wind and solar power projects.
The Australian Renewable Energy Agency has this week launched a $7 million funding initiative that is designed to test and prove how renewable energy technologies can better provide grid stability and security services.
With batteries like the Hornsdale Power Reserve, power from solar and wind power will be more valuable, because with battery backup their power can be used to supply an increasing share of baseload power. And that increase in value, which might not necessarily be reflected by an increase in price, makes their power all the more attractive.
Missed the past week? Don’t want to scroll through 100 or so stories to pick out the ones that you think will be interesting? Below are the 20 CleanTechnica stories from the past week that got the most reader love, plus a couple more. (Fair warning: Approximately half of them relate to Tesla.)
China is the hottest kid on the block when it comes to cleantech. As such, we try to keep an exceptionally close eye on what’s going on there and share regular reports of the most significant news of the past month or quarter.
The US offshore wind industry is on the verge of becoming a major national industry, according to the Business Network for Offshore Wind, but in a new report it has warned that immediate investment is needed in the US supply chain so as to offset the steady reduction of the Investment Tax Credit and to minimize reliance on the European supply industry.