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China Gezhouba Group wins $1.62bn contract for Indonesian hydro plant

State-owned construction company China Gezhouba Group (CGG) has signed a $1.62bn (CNY 11.52bn) deal to construct a 1.2GW hydroelectric power plant in Indonesia. CGG will run the design, construction material, procurement and commissioning for the Borneo plant. Work will begin...

Tata Power subsidiary to develop 120MW solar power project in India

Tata Power Renewable Energy (TPREL) has received a letter of award from Gujarat Urja Vikas Nigam (GUVNL) for developing a 120MW solar project in the state of Gujarat. As per the terms of the award, TPREL will supply clean energy...

8minute signs PPA to build 250MW solar and storage project

US-based 8minute Solar Energy has signed an agreement with community-choice energy (CCE) providers Monterey Bay Community Power Authority (MBCP) and Silicon Valley Clean Energy (SVCE) to build a 250MW solar-plus-storage project. The agreement begins construction of the Aratina Solar Centre...

British electricity network SSE announces £7bn low-carbon investment for Covid-19 recovery

British electricity network SSE has announced plans to invest £7bn into low-carbon energy sources over the next five years as the UK power sector looks to recover from the Covid-19 pandemic. The company aims to invest in a number of...

Power sector is concerned with decline in electricity demand due to Covid-19

The imposition of stay-at-home and industrial shutdown orders has reduced the electricity demand and consumption across geographies. The capacity factor at power stations have fallen and the curtailments on renewable power have increased. The efforts taken to restrain the...

ENERGY TAIWAN, Joining the Only Mega Renewable Energy Event in Taiwan!

ENERGY TAIWAN, the only B2B renewable energy show which showcases the highlights of the best of Taiwanese PV products and services, the latest development on wind power, hydrogen energy and energy storage in Taiwan, will be held October 14-16...

EIB Grants €450 Mn Credit Line for 497 MW Offshore Wind Farm

EIB has granted a EUR 450 million credit line to a consortium of EDF, Enbridge and wpd to co-finance the construction of 497 MW Fecamp offshore wind farm. The European Investment Bank (EIB) has announced that it has granted a...

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