Greenko to Source 28 Units of 5 MW Electrolyzers for Green Ammonia Plant
Hyderabad-headquartered Greenko Group has entered into a partnership with Belgium-based engineering company John Cockerill for the supply of 140 MW alkaline electrolyzers for large-scale applications. The electrolyzers will be used ...
West African States Kick Off $311 Million Project to Boost Renewables
The new Regional Emergency Solar Power Intervention Project (RESPITE) has commenced operations in Freetown, Sierra Leone, to expand electricity access to millions of consumers in Chad, Liberia, Sierra Leone, and ...
Qcells to Develop Solar Projects for Microsoft in the US
Solar cell and module manufacturer Qcells and global technology company Microsoft Corporation have entered a strategic partnership to supply over 2.5 GW of solar modules and extend engineering, procurement, and ...
IEX Reports 4.4% YoY Dip in Profit for Q3 FY23, Trades 23 BU of Power
The Indian Energy Exchange (IEX) has reported a 4.4% year-on-year (YoY) decrease in profit after tax (PAT) from ₹807 million (~$9.94 million) to ₹772 million (~$9.51 million) in the third ...
UAE’s Masdar to Develop 2 GW of Solar Projects in Zambia
Zambia Electricity Supply Corporation (Zesco), a state-owned power utility, signed a memorandum of understanding and joint development agreement with Masdar, the UAE-government-owned renewable energy company, for a capital investment of ...
Loom Solar Raises $2 Million from US-Based Asset Manager
Haryana-based solar technology startup Loom Solar raised $2 million in funding from the U.S.-based asset manager Social Investment Managers and Advisors (SIMA Funds) to support its growth strategy for solar ...
Enfinity Global Acquires 400 MW of Operational Solar Projects in the US
Renewable energy company Enfinity Global said it has acquired a 400 MW operational utility-scale solar portfolio to expand the company’s reach in the U.S. The co-financing partners in the acquisition ...
Gujarat DISCOMs Seek Approval for A Steep Green Tariff at ₹9.89/kWh
Gujarat's power distribution companies (DISCOMs) have petitioned the Gujarat Electricity Regulatory Commission (GERC) to approve a green tariff of ₹9.89 (~$0.12)/kWh in the true-up petition filed for the financial year ...
US City to Replace Diesel with 293 MWh Green Hydrogen Plus Battery System
Pacific Gas & Electric Company (PG&E), a combined natural gas and electric utility of PG&E Corporation, and Energy Vault, a utility-scale energy storage solutions developer, have signed a 10.5-year agreement ...
World Bank to Provide $311 Million for Solar & Storage Projects in West Africa
The World Bank Group has approved $311 million in International Development Association (IDA) financing from its new Regional Emergency Solar Power Intervention Project (RESPITE) to install and operate solar, battery ...
European Commission Approves Germany’s Modified Plan to Support Renewables
The European Commission has approved the amendment to a German government’s program called Renewable Energy Act 2023 (EEG 2023), which seeks to extend and modify the country’s support of renewable ...
Daily News Wrap-Up: Cummins to Build India’s Largest Electrolyzer for GAIL
Here are some noteworthy cleantech announcements of the day from India and around the world: Power solutions provider Cummins has collaborated with engineering, procurement, and construction company Tecnimont, the Indian ...
Installed Capacity of Heat Pumps to Grow 2.6 Times to 2,600 GW by 2030: IEA
The sales of heat pumps are expected to soar to record levels this decade as countries look to shift away from fossil fuel dependence for heating requirements, primarily due to ...
Renewable Capacity Growth Set to Double in Next Five Years: IEA
The International Energy Agency (IEA) has said the global energy crisis is accelerating the installation of renewable power, with the total capacity growth set to almost double in the coming ...
Renewable Energy Trading at IEX Dips 12% in November, Weighted Average Price Rebounds
The Indian Energy Exchange (IEX) traded 354 million units (MU) of renewable energy in November 2022, a 12.2% decrease compared to the 403 MU traded the month before. The exchange ...
Ministry of Power Waives ISTS Charges for New Hydropower Projects
The Ministry of Power (MoP) has issued an order waiving the Inter-State Transmission System (ISTS) charges on evacuating electricity from new hydropower projects in the country. To bring parity among ...
SolarArise, SJVN Green Energy, and Tata Power Renewables Win MSEDCL’s 500 MW Solar Auction
SolarArise, SJVN Green Energy, and Tata Power Renewable Energy (TPREL) were declared the winners of the auction conducted by the Maharashtra State Electricity Distribution Company (MSEDCL) to procure 500 MW ...
Heavy Penalty Prompts DISCOMs to Clear Dues Worth ₹246.8 billion Since June
The prospect of heavy penalties on delayed payments has prompted the state-owned power distribution companies (DISCOMs) to clear outstanding dues worth ₹246.8 billion (~$3.04 billion) in just four installments, the ...
UK’s Energy Storage Sector Gets £32 Million to Develop Innovative Technologies
The UK government has announced £32.9 million (~$39.4 million) funding for projects in the country that are developing innovative energy-storage system (ESS) technologies to strengthen the national power grid. Five ...
HealthCare Global Enterprises Installs 2.25 MW Solar Project to Save Energy Costs
Healthcare Global Enterprises Limited (HCG), which runs cancer care centers among other health facilities, has installed a 2.25 MW solar power project in Jagaluru village in the Davanagere district of ...
Energy Consumption from Rooftop Solar Systems to Grow Nine Times by 2031-32: CEA
Energy consumption from rooftop solar installations is estimated to reach 55.8 billion units (BU) by the year 2031-32, a nine-fold jump from 6 BU in 2021-22, the latest Electric Power ...
Microsoft to Buy 900 MW Renewable Power for its Ireland Data Centers
Microsoft Corporation has signed power purchase agreements (PPAs) to procure 900 MW of renewable capacity in Ireland to power its data centers in the country. The company said Ireland data ...
US Announces a $13 Billion Fund to Expand and Modernize Electric Grid
The Biden administration, through the U.S. Department of Energy (DOE), has announced $13 billion to expand and upgrade the national electric grid. Funded by the President’s Bipartisan Infrastructure Law, the ...
Indian Corporates are Top Green Energy Buyers in the Asia Pacific Region
India led the corporate renewable procurement market in the Asia Pacific (APAC) region for the second consecutive year by procuring 8.1 GW of capacity, according to a Wood Mackenzie report ...
New South Wales Tender Receives Bids for 8 GW of Wind, Solar and Storage Projects
The Australian Energy Market Operator (AEMO) Services has received bids for over 8 GW of wind, solar, and long-duration storage projects in the first round of the inaugural tendering process ...
