ReNew Power on Thursday announced that it has commissioned a 250 MW solar project in Jaisalmer district, Rajasthan. ReNew Power on Thursday announced that it has commissioned a 250 MW solar project in Jaisalmer district, Rajasthan. “ReNew Power today announced the commissioning of 250 MW capacity of its Interstate Transmission System (ISTS) solar generation project, […]
Indonesian Solar Market Poised for Unprecedented Growth, Holds Key to Decarbonizing Energy Sector – EQ Mag Pro
New report by BloombergNEF, Bloomberg Philanthropies, and the Institute for Essential Services Reform (IESR) reveals national solar program could attract up to $14.4B in investment and help Indonesia meet its 2025 renewable energy goal Report shows solar tariffs in Indonesia have decreased 76% since 2015 and costs for solar could outcompete new coal plants by […]
RHB maintains ‘overweight’ call on power sector; expects more solar EPCC contract flow – EQ Mag Pro
KUALA LUMPUR : RHB Investment Bank Bhd has maintained its “overweight” rating on the utilities sector as it expects electricity demand to register growth and more fourth cycle large-scale solar programme (LSS4) engineering, procurement, construction and commissioning (EPCC) contracts to be awarded. In a note today, its analyst Sean Lim said electricity demand overall is […]
Solar Needs to Quadruple for U.S. to Achieve Carbon-Free Grid – EQ Mag Pro
The U.S. would need to quadruple the amount of solar energy it installs by 2035 if it wants to achieve a goal of decarbonizing the nation’s power grid, the Energy Department said in a study released Wednesday. According to the study, solar energy has the potential to power 40% of the nation’s electricity and employ […]
Power Agencies Told to Pay For Curtailing Solar Units – EQ Mag Pro
Appellate Tribunal fixes amount based on POSOCO report. The Appellate Tribunal for Electricity (Aptel) has directed Tangedco and the Tamil Nadu State Load Despatch Centre to jointly pay compensation to solar energy developers for curtailment of generation from March 1 to June 30, 2017. The tribunal had asked the Power System Operation Corporation Ltd. (POSOCO) […]
BlackRock Supports South Korean Solar Sector – EQ Mag Pro
South Korean solar energy company Brite Energy Partners has welcomed a USD 100 million investment from BlackRock Real Assets (BRA). BRA, a division of one of the world’s largest asset managers, BlackRock, has made its first investment in South Korea’s small-scale solar industry via its investment in Brite Energy. It follows Korea’s previously announced plans […]
Legislation Needed to Allow Foreign Ownership in Solar, Wind Projects – EQ Mag Pro
MANILA, Philippines : Legislation may be needed to allow foreign ownership in solar and wind projects in the country, according to a ranking official of the Department of Energy. During the Energy Smart Forum organized by the European Chamber of Commerce of the Philippines (ECCP) on Tuesday, DOE Undersecretary Felix William Fuentebella said relaxing foreign […]
Tindo Decommissions Australia’s Only Solar Module Factory, Ahead of Expansion – EQ Mag Pro
Tindo Solar GM Robert Sporne, CEO Shayne Jaenisch, Shadow Minister for Climate Change and Energy Chris Bowen and Member for Makin Tony Zappia outside Tindo Solar in Adelaide. Australia’s only solar panel manufacturer has commenced the decommissioning of its South Australian manufacturing facility, as it makes way for larger, state-of-the-art factory. Tindo Solar started producing […]
Benin: Solar Minigrids Getting Digitalisation Boost – EQ Mag Pro
The US Trade and Development Agency (USTDA) has announced grant funding for technical assistance to help Sherlock Grids SAS expand and improve clean energy access in rural communities in Benin. Sherlock Grids SAS is a special purpose vehicle created in Benin by minigrid operator Power:On and France-based independent power producer Akuo. Enoh T Ebong, USTDA […]
Projects: RAK’s Innovative Tender Prequalifies Companies For Distributed Solar Initiative – EQ Mag Pro
The emirate is also studying about utility and floating solar PV, wind farms, ocean energy, and green hydrogen projects. Ras Al Khaimah has prequalified companies for its distributed solar initiative with a total aggregate capacity of 15 megawatts peak (MWp). The emirate had rolled out its zero-export distributed solar programme with a first aggregated solar […]