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Moody’s: KEPCO’s results for the nine-months support credit quality

Moody's Investors Service says that Korea Electric Power Corporation's solid operating results for the first nine months of 2016 are within Moody's expectations and support the company's Aa2 issuer rating and the stable outlook. "KEPCO's strong operating performance has led to a continued reduction of the company's debt levels," says Mic

First Solar signs Power Purchase agreement with MCE

First Solar, Inc and MCE announced that MCE has entered into a Power Purchase Agreement (PPA) for electricity generated from 40MWAC of First Solar's Little Bear Solar Project in Fresno County, CA. The project, is anticipated to begin construction in 2019, with commissioning expected in 2020. A leading community choice aggregator (CCA)

IEA raises five-year renewable growth forecast

The International Energy Agency said that it was significantly increasing its five-year growth forecast for renewables thanks to strong policy support in key countries and sharp cost reductions. Renewables have surpassed coal last year to become the largest source of installed power capacity in the world.   The latest edition of the IEA’s

Clean Energy Memorandum signed between India & America

By Solar Times News Service A Memorandum of Understanding (MoU) between the Government of India and the Government of the United States of America was signed here to enhance cooperation on energy security, clean energy and climate change. Shri P.K. Pujari, Secretary, Ministry of Power, Government of India and Mr. Richard

MOU between India & Japan for promoting sustainable development

By Solar Times News Service Cabinet gives ex-post facto approval to the MOU between India and Japan for promoting sustainable, stable and low-carbon thermal power development in India  The Union Cabinet chaired by Prime Minister Shri Narendra Modi today granted ex-post facto approval to the MOU between India and Japan for promoting

UAE signs an agreement with India on Renewable Energy Cooperation

By Solar Times News Service The Union Cabinet chaired by the Prime Minister Shri Narendra Modi was apprised of a General Framework Agreement (GFA) on Renewable Energy Cooperation between India and United Arab Emirates (UAE). The GFA was signed, in New Delhi on 11th February this year during the state visit

“Affordability, Access & Inclusiveness Driving India’s Energy Policies”: Shri Piyush Goyal

By Solar Times News Service The growth story in India has just begun with the country set to become the largest energy market representing the aspirations of a billion plus people in the coming years. This is even more significant in view of the global scenario when most developed economies are