An infrastructure-oriented think-tank is urging the Department of Energy (DOE) to implement stricter rules in the competitive selection process (CSP) of power distribution utilities after three bidders, particularly Kingstone Energy, were disqualified from the Manila Electric Company’s (MERALCO) CSP bidding for 1,800 megawatts (MW) of power supply. “While the CSP has been proven as a […]
Renewable energy capacity to grow by 1GW this year
Taiwan expects to add more than 1 gigawatt of renewable energy capacity this year, the Bureau of Energy said yesterday. Three new offshore wind farms are slated for completion or partial operation this year, which would contribute more than 800 megawatts, while a major solar project on Taiwan Sugar Co’s (Taisugar, 台糖) land due to […]
SONA Solar PV industry stands ready for action on energy crisis
The challenges of meeting South Africa’s energy needs now and into the future may be manifold, but the SA PV Industry Association (SAPVIA) and its members stand ready to support the government and Eskom. This support comes as proactive steps are taken to expand energy generation and lay the foundations for an efficient, modern and competitive […]
Africa infrastructure bank looks forward to greener future
Energy coverage from Saudi Arabia to Texas Journalists in 50+ countries follow the constant flow of money made and lost in oil & gas while tracking emerging trends and opportunities in the future of energy. Don’t miss our exclusive newsletter, Energy Source. ReadMore…
Electric vehicles complete run of two crore km on Delhi roads
Convergence Energy Services Ltd (CESL) said this has resulted in a reduction of 500 kg of particulate matter emissions. NEW DELHI: Electric vehicles (EVs) deployed in the national capital on Saturday completed two crore kilometres on the road. Convergence Energy Services Ltd (CESL), a wholly owned subsidiary of government-owned Energy Efficiency Services Ltd (EESL), said this has resulted in a reduction of […]
Perovskites poised to disrupt solar supply chains everywhere says new report
Perovskite is about to invade the conventional solar sector from later this year, enabling a fall in the cost of solar by 80 percent and an increase of 30 percent in the amount of electricity a solar cell can generate for slightly higher manufacturing costs Perovskite solar will invade conventional solar in 3 distinct ways, […]
Mining giant BHP’s renewables push continues in Western Australia
Western Australia’s largest and newest solar farm will provide around half of all of the energy needs at mining giant BHP’s West Kwinana refinery, it has been announced. The Merredin solar farm has signed a 10-year contract that will see around 364,000 tonnes of CO2 cut from the nickel refinery’s operations as BHP continues its global push […]
Electricity Council, just like a GST Council, can ease India’s power sector woes
The Modi government’s renewable energy target of 175 GW by 2022 and 450 GW by 2030, has seen slower-than-expected progress. In recent times, the Narendra Modi government’s attempts at electricity reforms have seen limited support from the states. In 2014, and subsequently in 2018, the Centre via draft amendments to the Electricity Act 2003, proposed […]
ADB, Energy Absolute Sign Green Loan for Renewable Energy and Electric Vehicle Charging Network
BANGKOK, THAILAND: The Asian Development Bank (ADB) and Energy Absolute Public Company Limited (Energy Absolute) signed a 1.5 billion Thai baht ($47.62 million) green loan to finance ongoing renewable energy projects and a countrywide electric vehicle charging network in Thailand. The loan will finance the Nakornsawan Solar and Hanuman Wind power plants, and deploy fast […]
NHPC third quarter net profit rises 50 per cent to Rs 961 crore
The total income rose to Rs 2,610.69 crore in the quarter from Rs 2,279.45 crore in the same period a year ago New Delhi: State-owned hydropower giant NHPC reported a 50 per cent rise in its consolidated net profit to Rs 961.64 crore for the December quarter. Its consolidated net profit was Rs 639.13 crore […]
