Renewable energy based capacity of 180.4 GW is required by 2030 additional to the 117 GW, which is currently under the implementation stage New Delhi : The share of solar and wind power energy in the generation capacity mix of the country has increased to 26 per cent as of March, 2023 from 9 per […]
Avaada Energy bags 560 MW of solar in Maharashtra auction – EQ Mag pro
Indian renewables developer Avaada Energy said it had won a 560-MW solar power project in an e-reverse auction in the state of Maharashtra. The auction was conducted by utility company in the Indian state, Maharashtra State Electricity Distribution Co Ltd (MSEDCL). The solar project was awarded through competitive bidding, followed by an e-reverse auction. Avaada […]
India, Taiwan can collaborate on offshore wind, solar, electric mobility: Experts – EQ Mag
Washington DC: India and Taiwan can collaborate on offshore wind, solar energy and electric mobility, experts have said. “Taiwan is the largest producer of solar wafers which could feed into India’s renewable energy and battery programme,” said Kartikeya Singh, Director, Global Energy Futures Initiative. The two sides, he said, can also collaborate on electric mobility […]
South Africa’s Attacq looks to solar to reduce reliance on diesel- EQ Mag
JOHANNESBURG : Attacq plans to reduce its reliance on diesel generators used to keep the lights on at its shopping malls, opting for solar and battery power to cope with the rising costs from the energy crisis in South Africa. State electricity utility Eskom is implementing the worst rolling blackouts on record, leaving households in […]
Maharashtra: Rs 75,000 crore investment for green hydrogen, solar, wind energy – EQ Mag
Shinde-Fadnavis government’s first budget focuses on sustainable agriculture, prosperous farmers, inclusive for women, tribals, backward class, among other schemes The Eknath Shinde-Devendra Fadnavis government on Thursday presented its first budget, a massive ₹5,47,450 crore for the next financial year 2023-24, based on the principle of ‘Panchamrut’, with a focus on farmers, women, tribals, development of […]
Solar for all? US cities take green power to low-income homes
“WASHINGTON – To hear Emil King tell it, the benefits of the 8,000-odd solar panels shimmering before him on an industrial lot in Washington D.C. go far beyond helping the U.S. capital city fight climate change. The city-administered solar park was built on polluted land that had become an eyesore, and the power it produces […]
Germany aims to allocate 12,840 MW of onshore wind capacity in four rounds in 2023 – EQ Mag pro
Higher price caps spark interest in German solar, wind tenders The first tenders for rooftop solar and onshore wind energy in Germany for 2023 have garnered significantly stronger interest than last year, but remained under subscribed as the tendered capacity was increased substantially. The Federal Network Agency offered almost 3,210 MW in the tender for […]
China’s solar, wind power projects need more policy support, says energy authority – EQ Mag
BEIJING: China’s renewable energy projects are struggling to get access to land, while in some areas, the grid cannot absorb all the power generated, the country’s energy authority said, as it called for further policy support for the fast-growing industry. Beijing has spearheaded an ambitious drive to increase the country’s renewable energy capacity in recent […]
Hecate Energy secures US $ 550 m credit facility for solar, energy storage projects – EQ Mag
Chicago-based Hecate Energy, a developer of renewable power projects and energy storage solutions in the United States, has recently announced the close of a five-year $550 million credit facility package, inclusive of a $250 million term loan and $300 million Letter of Credit facility to support further expansion of its solar and energy storage project […]
Plan to invest $300 mn in solar, hybrid, battery storage projects annually: Rajat Seksaria, CEO, ACME Group – EQ Mag
Our target on a year basis is about 1.5 GW of new projects New Delhi: The company plans to have two to three green hydrogen projects under…Read More… Source: PTI