21 May

ACME Solar has annulled an agreement to supply power at record low tariff to state-run Solar Energy Corp of India (SECI) citing uncertainty caused by the coronavirus pandemic. The company, which bagged the 600MW project in Rajasthan at a rate of INR2.44 ($0.03) per unit in 2018, argued that the projects have already been deferred by 15 months and further postponement will continue given the uncertainty caused by the outbreak.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Power demand in Kenya had dipped by nearly 8% in the wake of lockdown imposed to curb the spread of the coronavirus pandemic. Kenya Electricity Generating (KenGen) said Sunday usage levels seen throughout the week as industries suspend their activities in response to the pandemic.

The UK Government has decided to defer a final call on the 1.8GW Norfolk Boreas windfarm by up to five months in the wake of the coronavirus outbreak. Government authorities said the pandemic has delayed several hearings, and a number of interested parties have been unable to participate. Swedish energy company Vattenfall said delaying a decision was “regrettable” and may call the country’s green ambitions into question.

American electric utility company Evergy has pledged to donate $2.2m to help agencies and communities respond to challenges posed by the Covid-19 pandemic. The company said up to $1m has been allocated to help customers pay their utility bills and $800,000 has been earmarked for economic recovery programmes. Remaining funds totalling $400,000 will be given to non-profit groups.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.