As of now, the total RE capacity stands at 125 GW, with another 83 GW under implementation According to research by the Council on Energy, Environment and Water’s Centre for Energy Finance (CEEW-CEF), India’s total installed power generation capacity reached 416 GW in FY23, of which 125 GW (30%) came from renewable energy (RE) and […]
Spain to grant EUR-222.5m aid for wind, hydro repowering and blade recycling – EQ Mag
The Spanish ministry for the ecological transition on Thursday formally launched a call for proposals for wind and hydro repowering and blade recycling projects with the intention of awarding a total of EUR 222.5 million (USD 236.3m) of state aid through a competitive process. The money will be channelled through three so-called Circular Repowering programmes, […]
SJVN unit, GRIDCO to form JV for 3,000MW hydro, solar project – EQ Mag
The projects are expected to attract Rs 20,000 in investment in Odisha. SJVN subsidiary, SJVN Green Energy Limited signed a memorandum of understanding with the Grid Corporation of Odisha (GRIDCO) to form a joint venture company for the development of a 1,000-megawatt (MW) hydroelectric and 2,000MW solar project in Odisha. In a statement, SJVN said […]
Queensland starts to search for new pumped hydro, seeks 7GW of storage – EQ Mag Pro
Queensland has allocated $48 million to advance new pumped hydro projects in the state, as part of a newly announced goal to have up to 7GW of pumped hydro capacity to support the switch to renewables. The announcement came from Treasurer Cameron Dick and energy minister Midk de Brenni during a visit to the 560MW […]
India requires 18 GW capacity addition to meet hydro purchase obligation norms by 2030: Icra – EQ Mag Pro
To further the growth of hydro energy segment, the Centre has outlined policy measures over the last two-year period to promote the investments in the segment through notification of HPO norms, long term trajectory for HPOs as well as tariff rationalization measures. Around 18 GW hydro capacity addition is required to meet the hydro purchase […]
India needs to tap hydro resources to achieve 500 GW renewable energy capacity target: Power Minister R. K. Singh – EQ Mag Pro
In a bid to achieve the target of installing 500GW (giga watt) renewable energy capacity by 2030, India needs to tap its hydro resources, Union Minister of Power R. K. Singh has said. The Minister made the remarks at an event organised to mark the 47th Raising Day of power PSU NHPC on Sunday. “Prime […]
Enel Agrees to Buy Hydro Assets From Italy’s ERG in 1 Billion Euro Deal
Europe’s biggest utility said it had agreed to acquire a 527 megawatt portfolio of assets from ERG generating an average of around 1.5 terrawatt hours of power per year. MILAN : Enel said it has agreed to buy hydroelectric assets from Italian renewable energy group ERG in a deal worth one billion euros ($1.19 billion). […]
Tender for Hydro/Solar/Wind/Biomass Power Projects on BOOT/DBOT/BOOM/PPA Model
Design,Engineering,Installation,Maintenance and Operation upto 40 years for Hydro/Solar/Wind/Biomass Power Projects on BOOT/DBOT/BOOM/PPA model. The last date to submit the bids is May 30, 2021 For more information please see below link:
Gigawatt-scale compressed air: World’s largest non-hydro energy-storage projects announced
The two 500MW/5GWh ‘advanced’ compressed-air projects in California would each be bigger than the current record holder. A Canadian company has today announced that it is developing two 500MW/5GWh ‘advanced’ compressed-air long-duration energy storage (A-CAES) projects in California, each of which would be the world’s largest non-hydro energy storage system ever built. Toronto-based Hydrostor is […]
Mozambique Lights Up Power Sector with Solar, Hydro Investments
At 187 GW, Mozambique holds the largest potential power generation capacity in Southern Africa. Moreover, as hydropower, coal, natural gas and solar each continues to increase their respective share in the country’s energy mix, Mozambique is positioning itself as a major regional power producer. Despite prolific power generation potential, Power Africa notes that Mozambique’s access […]
