Australia’s Queensland to Spend A$62 Billion to Develop Renewable Supply Chain

Australia’s Queensland to Spend $40 Billion to Develop Renewable Supply Chain

Queensland plans to spend A$62 billion (~$40.11 billion) over the next 15 years to build a robust renewable supply chain in the Australian state. The Queensland Energy and Jobs Plan ...
/ / Other, Renewable Energy
Month in a Minute Top Headlines from Indian Renewable Sector in September 2022

Month in a Minute: Top Headlines from Indian Renewable Sector in September 2022

Here is a recap of some of the most important headlines from September 2022: India added 1.3 GW of new open access solar capacity in the first half (1H) of ...
/ / Other, Renewable Energy
Germany's RWE Acquires Con Edison Clean Energy in $6.8 Billion Deal

Germany’s RWE Acquires Con Edison Clean Energy in $6.8 Billion Deal

Germany-based power producer RWE AG signed a purchase agreement with Con Edison to acquire all shares in Con Edison Clean Energy Businesses (CEB) for a purchase price based on an ...
Thermal Projects Bundled with Renewables can Dispatch Power Without Agreement

Thermal Projects Bundled with Renewables Can Dispatch Power Without Agreement

Thermal and hydropower projects with standalone or renewable energy projects with Battery Energy Storage Systems (BESS) can be set up anywhere and dispatched to any generating station without any additional ...
/ / Markets & Policy, Other
Intersect Power Closes $3.1 Billion Financing for 2.2 GW Solar Plus Storage Portfolio

Intersect Power Closes $3.1 Billion Financing for 2.2 GW Solar Plus Storage Portfolio

Intersect Power, a U.S.-based renewable energy project developer, announced the closing of an aggregate of $2.4 billion of new financing and an additional $675 million against earlier commitments for developing ...
/ / Finance and M&A, Solar
Toshiba Announces Conversion Efficiency of 9.5% for Solar Cells Used in Charging EVs

Toshiba Announces Conversion Efficiency of 9.5% for Solar Cells Used in Charging EVs

Researchers at the Japan-based Toshiba Corporation announced a method of layering a transparent solar cell over a standard silicon cell to develop an efficient, low cost and a reliable tandem ...
/ / Solar, Technology
PXIL to Start Trading Daily, Weekly and Monthly Contracts in Renewable Power

PXIL to Start Trading Daily, Weekly and Monthly Contracts in Renewable Power

Power Exchange India Ltd (PXIL) has introduced the ‘daily, weekly and monthly contracts’ in its proprietary contract system ‘PRATYAY’ for conventional power transactions. Market participants will now be able to ...
US Announces $7 Billion Funding to Create Regional Clean Hydrogen Hubs

US Announces $7 Billion Funding to Create Regional Clean Hydrogen Hubs

The U.S. Department of Energy (DOE) has announced a $7 billion funding opportunity to create regional clean hydrogen hubs (H2Hubs) across America. The funding is part of a larger $8 ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Microsoft and Partners to Launch AI-based Renewables Project Atlas

Daily News Wrap-Up: Microsoft and Partners to Launch AI-based Renewables Project Atlas

Here are some noteworthy cleantech announcements of the day from around the world: Microsoft Corporation, Planet Labs PBC, and The Nature Conservancy announced plans to launch the Global Renewables Watch ...
/ / Other, Renewable Energy
Renewable Energy Jobs Globally Reach 12.7 million, Asia Accounts for Two-Thirds

Renewable Energy Jobs Globally Reach 12.7 million, Asia Accounts for Two-Thirds

Worldwide employment in renewable energy reached 12.7 million in 2021, an increase of 700,000 new jobs despite economic setbacks resulting from Covid-19 and the growing energy crisis. According to a ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Sterling and Wilson Solar to Develop 961 MW of Solar Projects in Nigeria

Daily News Wrap-Up: Sterling and Wilson Solar to Develop 961 MW of Solar Projects in Nigeria

Here are some noteworthy cleantech announcements of the day from around the world: Sterling and Wilson Solar Solutions signed a memorandum of understanding (MoU) with the Government of the Federal ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Microsoft and Partners to Launch AI-based Renewables Project Atlas

India Must Add 188 GW of Renewable Capacity in the Next Five Years to Meet Peak Demand: CEA

India needs to add 224.9 GW of renewable energy generation capacity by 2032 to meet the peak demand and energy requirement for the financial year (FY) 2031-32, according to the ...
/ / Other, Renewable Energy
A Decarbonized Global Energy System by 2050 Could Result in Savings of $12 Trillion

A Decarbonized Global Energy System by 2050 Could Result in Savings of $12 Trillion

Transitioning to a decarbonized energy system by around 2050 will save the world at least $12 trillion compared to continuing our current levels of fossil fuel use, according to a ...
Tata Power Signs PPA to Develop a 4 MW Solar Project at Tata Motors Facility in Pune

Tata Power Signs PPA to Develop a 4 MW Solar Project at Tata Motors Facility in Pune

Tata Power entered into a power purchase agreement (PPA) with Tata Motors to develop a 4 MW onsite solar power project at Tata Motors' commercial vehicle manufacturing facility in Pune ...
/ / Markets & Policy, Solar
Ministry Amends Guidelines to Procure Round-the-Clock Renewable Power

Ministry Amends Guidelines to Procure Round-the-Clock Renewable Power

The Ministry of Power (MoP) has amended the tariff-based competitive bidding process guidelines to procure round-the-clock (RTC) power from grid-connected renewable energy projects. The guidelines were first issued under Section ...
/ / Markets & Policy, Solar
Month in a Minute Top Headlines from Indian Renewable Sector in August 2022

Month in a Minute: Top Headlines from Indian Renewable Sector in August 2022

Here is a recap of some of the most important headlines from August 2022: India installed over 3.9 GW of solar capacity in the second quarter (Q2) of the calendar ...
/ / Other, Renewable Energy
Daily News Wrap-Up Statiq to Invest ₹400 Million in Building EV Charging Infrastructure Across India

Daily News Wrap-Up: Statiq to Invest ₹400 Million in Building EV Charging Infrastructure Across India

Here are some noteworthy cleantech announcements of the day from around the world: Electric vehicle (EV) charging network company Statiq has plans to invest ₹400 million (~$5.02 million) in building ...
/ / Other, Renewable Energy
Rules Issued for Bundling Renewables and Storage With Thermal and Hydropower Projects

Rules Issued for Bundling Renewables and Storage With Thermal and Hydropower Projects

The Ministry of Power (MoP) has issued guidelines for competitive procurement of renewable power by thermal and hydropower generators under the Generation Flexibility Program. The program intends to allow flexibility ...
Daily News Wrap-Up: Ashok Leyland Launches Electric Double-Decker Bus in Mumbai

Daily News Wrap-Up: Ashok Leyland Launches Electric Double-Decker Bus in Mumbai

Here are some noteworthy cleantech announcements of the day from around the world: Union Minister for Road Transport & Highways Nitin Gadkari launched Ashok Leyland Electric Double Decker Bus, Switch ...
/ / Other, Renewable Energy
GOGLA Seeks Consultants to Study Solar Lantern and Solar Home System Market in India

GOGLA Seeks Consultants to Study Solar Lantern and Solar Home System Market in India

Global Off-Grid Lighting Association (GOGLA) has invited bids from consultants to study the solar lantern and solar home system market in India. The consultants will have to study the Bangladesh ...
/ / Off-grid, Solar
ReNew Power’s Revenue for Q1 FY23 Up by 48% to ₹25 Billion

ReNew Power’s Revenue for Q1 FY23 Up by 48% to ₹25 Billion

Independent power producer ReNew Power posted total revenue of ₹25 billion (~$313.41 million) for the first quarter (Q1) of the fiscal year (FY) 2023, an increase of 48.8% compared to ...
/ / Other, Renewable Energy
Tata Power Renewable Approves Sale of 83.6 Million Shares to BlackRock Mubadala JV

Tata Power Renewable Approves Sale of 83.6 Million Shares to BlackRock Mubadala JV

A wholly-owned subsidiary of Tata Power, Tata Power Renewable Energy Limited (TPREL), has approved the allotment of 83.6 million equity shares with a face value of ₹10 (~$0.125) each at ...
/ / Finance and M&A, Other
ALH Insurance Group Acquires 49.9% Stake in 600 MW Solar Portfolio from EnBW

ALH Insurance Group Acquires 49.9% Stake in 600 MW Solar Portfolio from EnBW

Financial services provider Alte Leipziger Hallesche (ALH Group) is indirectly acquiring 49.9% of a portfolio of sixteen solar farms with a total capacity of 597 MW owned by Energie Baden-Württemberg ...
Tariff Regulations Issued for Renewable Projects Selling Power to Chhattisgarh DISCOMs

Tariff Regulations Issued for Renewable Projects Selling Power to Chhattisgarh DISCOMs

Chhattisgarh State Electricity Regulatory Commission (CSERC) has issued regulations specifying the terms and conditions of tariffs for renewable energy projects to sell power to distribution licensees (DISCOMs) in the state ...
Daily News Wrap-Up 2G Ethanol Plant Worth ₹9 Billion Inaugurated in Haryana

Daily News Wrap-Up: 2G Ethanol Plant Worth ₹9 Billion Inaugurated in Haryana

Here are some noteworthy cleantech announcements of the day from around the world: Prime Minister Narendra Modi inaugurated a 2G ethanol plant at Panipat Refinery in Haryana. The plant was ...
/ / Other, Renewable Energy