India asked two of its state-controlled hydropower firms to bid for solar and wind projects, as the nation seeks to expand renewable power capacity to decarbonize its economy. The federal power minister Raj Kumar Singh also asked THDC India Ltd. and North Eastern Electric Power Corp. to increase capital expenditures, the ministry said in a […]
RWE Combines Hydropower With Mega-Batteries to Balance Grid
To ensure the reliability of its grid network while boosting environmental sustainability, German utility RWE has embarked on a project that includes the integration of massive battery energy storage systems with hydropower. RWE is investing €50 million ($58.7 million) in the development of two large battery energy storage systems in Lingen and Werne. The Lingen […]
Biden Seeks to Cut Energy Storage Costs By 90% Within Decade
The Biden administration announced Wednesday an ambitious goal of cutting the cost of energy storage by 90 per cent within a decade, an effort officials say is necessary to achieve the president’s climate goals. Spearheaded by the Energy Department, the plan seeks breakthroughs that will be critical for the use of power from solar, wind […]
Myanmar Junta Invites Bids For New Solar Power Projects
The military regime is seeking tenders to implement 12 solar power projects to raise foreign currency, with some 40 firms including Thai and Chinese companies planning to make bids. Bids for the 12 solar power projects were invited on May 24 and tenders are to be submitted by August 11. The projects are planned to […]
North India Power Starved, But Himachal ‘Powerful’
He said the state’s demand is 300 lakh units daily, while the rest is supplied to Punjab, Delhi, Goa, among others, as per their demand. The daily per unit rate to these states varies from Rs 2.50 to Rs 5, which is quite low Shimla : While most north Indian states suffer power outages, Himachal […]
Net zero goals need revival of ‘forgotten giant’ hydropower, IEA says
Around half of hydropower’s economically viable potential worldwide remains untapped, especially in emerging and developing economies, the IEA said. Low-carbon hydropower capacity is vital for a faster integration of wind and solar power, but its growth is set to slow by 23% this decade without a sweeping policy and investment push, the International Energy Agency […]
Winds of Change Lift Indonesian Renewables
The Covid-19 pandemic has crushed Indonesia’s power sector. The economic slowdown depressed electricity demand by 15 per cent in 2020. Due to travel restrictions, construction has stalled on many Indonesian power projects that rely on imported labor. And the government recently reallocated a quarter of its infrastructure budget to finance its pandemic response, applying additional […]
NHPC’s Earns Highest Ever Profit of Rs 3233 Crore During FY 2020-21
NHPC Limited, India’s premier hydropower company and a ‘Mini Ratna’ Category-I Enterprise under Ministry of Power has declared its Audited Financial Results for the Financial Year 2020-21. The Board of Directors approved the Audited Financial Results for FY 20-21 in the e-meeting held yesterday. NHPC has reported highest ever net profit after tax of Rs […]
India Bets on Geothermal Energy, Green Hydrogen for a Carbon Neutral Ladakh
India is on a hunt for viable alternatives to replace its aging coal fleet and reduce its dependence on oil and gas. As the search extends beyond conventional renewables of solar, wind and power, the massive energy potential of the Himalayas has once again come into sharp focus. Following the rapid development of hydropower potential […]
Cambodia to Receive 450 Megawatts of Solar Power by 2022
The Australian Embassy in Cambodia will support the generation of up 450 megawatts of solar energy by 2022, as the sun is one of the most economical and environmentally friendly energy sources on earth. Cambodia has a lot of potential for solar energy that can be used to produce up to 44,000 megawatts of solar […]