EXPRESSION OF INTEREST FOR ADVANCING TERM LOAN FROM INTENDING FINANCIAL INSTITUTION TO MEET CAPITAL EXPENDITURE AGAINST SETTING UP OF 25 MWP NAMRUP SOLAR PROJECT OF APGCL Assam Power Generation Corporation Limited (APGCL) invites Expression of Interest for Advancing term loan from intending Financial Institutions to meet capital expenditure against setting up of 25 MWp […]
Uniper eyes 4 GW of renewables capacity beyond 2025 – CEO
This includes the group’s business in Russia, where the company so far only operates fossil-fuel based power stations. FRANKFURT: German utility Uniper is planning to develop 4 gigawatts of solar and wind power projects beyond 2025, Chief Executive Andreas Schierenbeck said on Thursday. This includes the group’s business in Russia, where the company so far […]
MP identifies land to develop solar parks in Sagar, Damoh, Ratlam, Morena
Inviting investors in the renewable energy space of Madhya Pradesh, Chouhan said it is an ideal state for investment in this sector. Bhopal: Madhya Pradesh Chief Minister Shivraj Singh Chouhan on Friday said the state has identified land for developing 5,000 MW solar parks in Sagar, Morena, Damoh and Ratlam districts. Inviting investors in the […]
UK to double renewables capacity eligible for next subsidy auctions
The next allocation round for renewable energy technologies such as offshore wind will open late next year LONDON: The British government said on Tuesday it will double the capacity of renewable energy projects eligible for support in its next round of subsidy auctions. Under the so-called Contracts-for-Difference (CfD) scheme, qualifying projects are guaranteed a minimum […]
China lifts renewable power subsidy for 2021 by nearly 5 per cent
The subsidy will go to wind farms, biomass power generators and distributed solar power operators, as well as solar power projects for poverty alleviation purposes China’s Ministry of Finance said on Friday it had set the country’s renewable power subsidy for 2021 at 5.95 billion yuan ($905.7 million), up 4.9% from this year, thanks to […]
Solar and wind power costs in India will be comparable to coal in 2025: Moody’s
The shift would occur if the Levelized Cost of Electricity (LCoE) from solar and wind projects declines annually by a high single digit to mid-teen percentage between the first half of 2020 and 2025-30. New Delhi: Power generation from solar and wind projects will likely be cost-competitive relative to coal-based power in India in 2025-2030 […]
Renewables’ share in energy mix falls marginally to 10.7 pc in Q2: Report
New Delhi: The share of renewables in energy mix came down marginally to 10.7 per cent in September quarter this fiscal year from 11.4 per cent in the year-ago period, as per a report. According to the latest edition of the CEEW-CEF’s quarterly Market Handbook, the prominent reason for the decline was the unseasonable […]
CCI clears acquisition of solar energy assets by Adani Green-Total Solar joint venture
According to a combination notice filed with the watchdog, Adani Green Energy Twenty Three Ltd will acquire 100 per cent shareholding of ten target companies New Delhi: Competition Commission of India (CCI) has approved the acquisition of various solar energy assets by a joint venture of Adani Energy and Total Solar. Adani Green Energy Twenty […]
How Can Hydrogen Enable 100% Renewable Targets?
Industry leaders gathered recently on an ACORE State of the Industry Webinar to discuss hydrogen’s role in in the clean energy transition. The discussion was moderated by Megan Berge, Partner at Baker Botts, and featured panelists Michael Ducker, Vice President of Renewable Fuels at Mitsubishi Power, Sean Ebnet, Vice President of Business Development at Ørsted, and Skip […]
UAE spearheads global renewable energy efforts
DUBAI : The Global Renewables Outlook: Energy Transformation 2050 report issued by the International Renewable Energy Agency, IRENA, in April 2020 indicated that the transition to renewables, efficiency and electrification could drive overall socio-economic development, supported by comprehensive policies to cut carbon emissions. The use of hydrogen and synthetic fuels, direct electrification, advanced biofuels and […]
