Experts at TERI say the money collected as cess on coal could be used to create a Green Equity Fund and also provide viability gap funding for energy transition projects.With the Union Budget 2023-24 to be presented in Parliament on February 1, experts at The...
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Indian developer Acme and the Norwegian investment fund have signed the framework agreement to co-invest in developing potential renewable energy projects in India.India’s Acme Group has allied with Norwegian investment fund Norfund to invest in developing new greenfield renewable power projects in India. Both partners...
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Rapidly deploying 5.2 GW of planned solar and storage in Puerto Rico, a possibility raised in a report by six national laboratories, would require an improvement in the Puerto Rico utility’s practices. A mandated procurement process has suffered delays at many steps.From pv magazine USA
Six...
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Germany’s RWE and Greece’s PPC electric utilities have signed today an agreement to start in spring the construction of 210 MW of new solar pv capacity at a former lignite mine in northern Greece. This is the first stage for the implementation of a 2...
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Rajasthan-based Rays Power Infra has switched on Bangladesh’s largest solar power plant of 275 MW DC. It completed the project within the scheduled timeline of 14 months.Rajasthan-based Rays Power Infra has commissioned a 275 MW DC solar project in Sundarganj, Bangladesh, which is purportedly the...
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Rajasthan Urja Vikas Nigam Ltd is accepting bids to develop 1 GW of solar PV projects in Rajasthan, connected to the state transmission utility grid. Minimum bid capacity is 50 MW.Rajasthan Urja Vikas Nigam Ltd (RUVNL) is accepting bids to set up an aggregate 1...
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Esysunhome (ESYSH), a new energy storage company in China, has developed a 5.12 kWh lithium iron phosphate (LFP) battery system with a 7.9 kW inverter. It says six modules can be combined for up to 30.72 kWh of energy storage capacity.Shenzhen-based ESYSH has launched a...
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The US Patent Trial and Appeal Board has issued a favorable decision for Hanwha Q Cells over REC Solar’s patent claims. The court has ruled that the contested claims of REC's US patent were not patentable. The decision is similar to those in courts in...
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Green Valley Renewable Energy Ltd, a joint venture of government-owned power generators DVC and NTPC, has invited bid to develop the power evacuation system for its 755 MW floating solar project at DVC’s Tilaiya and Panchet reservoirs in Jharkhand.NTPC Renewable Energy Ltd (NTPC REL), on...
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The state will launch three floating solar projects worth INR 7,500 crore ($919 million). The new projects will be in addition to a 600 MW plant currently under development at Omkareshwar reservoir.Madhya Pradesh is preparing to supply 50% of India’s 2030 target of 500 GW...
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