According to credit rating agency Crisil, in the next five fiscal years, pumped hydro energy storage (PHES) projects would add around 5 GW of capacity as a result of the Ministry of Power’s (MoP) latest guidelines. The guidelines call for the rental of land at discounted rates on a yearly basis. They also permit the […]
Amp picked to develop 5-GW hydrogen project in South Australia – EQ Mag
Canadian clean energy platform Amp Energy has been selected as the lead developer for the Cape Hardy Green Hydrogen Project in South Australia, where it proposes to build a 5-GW electrolyser and associated green hydrogen and ammonia production over the next decade, it was announced on Wednesday. Amp, a portfolio company of private equity firm […]
LONGi to Build Factory in the US for Outputting 5GW of PV Modules Annually – EQ Mag
Invenergy announced that it plans to collaborate with LONGi to build a PV module plant in the US. Invenergy will invest more than US$600 million through a new joint venture named Illuminate USA that will implement this project. Of the US$600 million, US$200 will be used to acquire the land for the plant site and […]
Ireland presents policy for second phase of offshore wind – EQ Mag
The Irish government today published the framework and policy for so-called Phase Two of offshore wind development in Ireland, which it approved on March 7, drawing criticism from industry body Wind Energy Ireland (WEI). Most of the government’s 5 GW offshore wind target by 2030 is expected to be achieved by Phase One projects, which […]
Masdar to Develop 5 GW of Renewable Energy Projects to Advance Africa’s Clean Energy Objectives – EQ Mag
UAE’s global clean energy powerhouse signs deals for projects with a combined generation capacity of 5 GW across Angola, Uganda, and Zambia Agreements signed under umbrella of Etihad 7 – a global development fund launched by the UAE to provide 100 million people across African continent with clean electricity by 2035 ABU DHABI, UAE : Masdar […]
No takers for green power worth 5 GW – EQ Mag Pro
NEW DELHI : Amid the government’s ambitious energy transition goals, as much as 5 GW of electricity from renewable energy projects remains unsold, two people aware of the development said. The reason: A government-run nodal agency has been unable to find distribution companies willing to buy the power from these projects. State-run Solar Energy Corp. […]
The world’s largest solar park will produce 5 GW of energy by 2030 – EQ Mag Pro
It was designed to reduce carbon dioxide emissions by over 6.5 million tons each year. The Dubai Electricity and Water Authority (DEWA) is aiming for five gigawatts (GW) by 2030 in the Mohammed bin Rashid Al Maktoum Solar Park – the largest single-site solar park in the world. Mohammed Bin Rashid Al Maktoum Solar Park […]
Rays Experts is ready to add a 5GW solar park capacity annually for the next five years – EQ Mag Pro
Rays Experts is ready to add a 5GW solar park capacity annually for the next five years and add to the solar power generating capacity of Rajasthan. Mr. Rahul, MD, and CEO of Rays Experts on his mission of providing ready-to-move infrastructure for investors across the world for solar energy development.
Rise in module, steel and freight costs to hit 5 GW solar capacity under implementation: Crisil – EQ Mag Pro
These were bid at relatively lower tariffs of below Rs 2.35/ kWh A sharp increase in the prices of solar modules and commodities such as steel, together with rising freight costs, will pull down the return on equity (ROE) of nearly a fifth of the 25 GW1 private solar capacity. This capacity of ~5 GW, […]
Shell and ScottishPower win bids to develop 5 GW of floating wind power in the UK – EQ Mag Pro
Joint ventures plan to build and operate two of the world’s first large-scale floating offshore wind farms in UK waters Partners will use innovative technology to install turbines further from shore to catch more powerful winds as part of Crown Estate Scotland’s ScotWind leasing As the global economy transitions to a low-carbon future, Scotland has […]