In Short : While the growth of renewable energy is undoubtedly a positive and essential step towards a greener future, it’s crucial to acknowledge that the energy transition is a complex process. Many countries still heavily rely on coal as a primary source of energy, and transitioning away from it can be challenging due to […]
India’s zombie threat – EQ Mag Pro
27 GW of unnecessary planned coal power plants threaten India’s RE goals For more information please see below link:
Are China’s Banks Going Cool on Coal Power Plants in Africa?
Green groups say ICBC has agreed it will not fund a controversial project in northern Zimbabwe Chinese lenders are finding the fossil fuel increasingly unattractive, analyst says Coal developers in Africa may be forced to find alternative sources of financing or shift into solar and hydro, as Chinese lenders gradually shy away from plants powered […]
Battery storage cheaper than new coal power plants in TN: Analysis finds
A new economic viability analysis on Friday revealed that renewable energy along with battery storage in Tamil Nadu is cost competitive with new coal power plants. The report finds the levelized cost of energy for a hypothetical hybrid, solar, wind and li-ion battery storage system for the state to be Rs 4.97/kWh in 2021, which […]
Retrofitting Coal Power Plants With Carbon Capture May Lead To Increased Water Stress
Addition of carbon capture and storage (CCS) technologies to reduce emissions could stress water resources in a vast proportion of coal-fired power plants in India that are already exposed to water scarcity, a study has warned. A study by University of Berkeley researchers reveals that as much as 32% of the world’s coal-fired power plants […]
MP govt plans to set up coal power plants amid stress in sector
The state government will invite private power producers to bid for the right to build these assets Coal India has already given in-principle agreements to supply coal for the new 2,640MW of power supply MUMBAI: The Madhya Pradesh government is planning to set up 2640MW of greenfield coal-fired power plants, a top government official said. […]
NEC ‘beating cheaper competitors’ to China projects
NEC has now executed five grid-scale battery energy storage projects in China and been awarded another, winning deals in spite of what a company representative described as “aggressive” price competition from domestic vendors. The Massachusetts-headquartered distributed energy division of the Japanese NEC Corporation, NEC Energy Solutions, has commissioned two 9MW projects in Ordos City, Inner […]