Australia’s renewable energy agency will give A$47 million in grant, while government-owned green bank the Clean Energy Finance Corp will provide a further A$3 million of subordinated debt funding Genex Power said on Thursday it had secured all funding needed for what will be Australia’s first new pumped hydro project on the grid in about […]
Snowy Hydro 2.0: More Expensive Than Battery Storage
In the Snowy Mountains, a monumental machine has begun to carve its way into the earth creating a giant tunnel for what will be one of the world’s largest pumped hydro energy storage systems. The Snowy Hydro 2.0 scheme is so ambitious politicians may be legally required to wear two hard hats when posing for […]
30k Crore Hybrid Project to Brighten the Nights of Rajasthan
India’s first of its kind integrated project of 3600 MW Solar and 900 MW wind and 2520 MW Pump Hydro Storage Plant Solar and wind Project will be set up in Pali and Jaisalmer; and Pump Hydro Storage will be set up in Shahpura, Baran District of the state Development of storage capabilities to tap […]
A second life for coal mines through pumped hydro and renewable energy
The Australian Government through the Australian Renewable Energy Agency (ARENA) has today announced that it will jointly fund a new technical feasibility study into using an underground coal mine as part of a Pumped Hydro Energy Storage (PHES) scheme in New South Wales. On behalf of the Australian Government, ARENA will provide $995,000 in funding […]
Norway’s Equinor, Hydro and Scatec to build solar farm in Brazil
OSLO: Equinor, aluminium producer Norsk Hydro and renewables company Scatec plan to jointly build a 480 megawatt (MW) solar farm in Brazil, they said on Wednesday. The three companies have signed a memorandum of understanding to develop the project, Scatec said in a statement, which did not give details of the cost. The joint […]
Myanmar to generate more energy from hydro, solar sources
Myanmar will press ahead with the implementation of four hydropower projects to meet the country’s demand for electricity, according to Union Minister of Electricity and Energy U Win Khine Currently, Myanmar generates 3,225 megawatts (MW) of electricity, or half the country’s power supply, from 28 hydropower plants. Myanmar’s abundance of hydro-resources and lower cost of […]
Panasonic, Equinor, Hydro consider battery production in Norway
The three companies said in a joint statement that the initiative would be “based on Panasonic’s leading technology and targets the European market for electric vehicles and other applications. OSLO: Panasonic, Equinor and Norsk Hydro will explore opportunities to set up a lithium-ion battery production business in Norway, targeting auto makers as potential customers, the […]
Tata Power arm TPIPL acquires 10% equity in ABV; total stake rises to 50%
The 10 per cent stake acquisition has increased TPIPL’s shareholding in ABV to 50 per cent. NEW DELHI: Tata Power on Wednesday said its arm Tata Power International Pte Ltd (TPIPL) has acquired 10 per cent stake in Adjaristsqali Netherlands BV (ABV) from the International Finance Corporation (IFC) for USD 150,000 (about Rs 1.13 crore). […]
Greenko Group contributes Rs 10 Crores towards COVID-19 response to Relief Funds of GoI, GoTS and GoAP
As the world responds to the outbreak of COVID-19, our thoughts are with the people affected and the medical professionals working around the clock to help those most in need. At Greenko, we care deeply for our people and communities and wish to contribute in all ways possible to overcome this global challenge. As a […]
Allocation of Power to States
Details of power generation from fuel sources (Thermal, Hydro & Nuclear) of 25 MW and above by the Central Generating Stations in the country during the last three years and current year i.e. from 2016-17 to 2019-20 (up to October, 2019) is given at Annexure-I. Also, details of Renewable Energy Generation data of Central Public Sector […]