Home » Daily Newsletter » Solar Capital Cost 11 Times Higher In Developing Countries: IEA Report
A recent report by the International Energy Agency (IEA) finds that the cost of capital, required to make investment in solar energy in developing economies to be high. The report attributed this to the challenges such as, cost of capital in developing economies, less developed...
Tata Power Co Ltd has won a bid for the acquisition of the Bikaner-III Neemrana-II Transmission renewable energy project valued at about INR 1,544 crore. The renewable energy project is of a special purpose vehicle (SPV) established by PFC Consulting Limited, an arm of Power...
K. Shanmugha Sundaram has taken charge as Director (Projects), NTPC on December 1, 2023. K. Shanmugha Sundaram is a 1988 batch Electronics and Communication Engineering graduate from the Government College of Technology, Coimbatore with PGDM from MDI Gurgaon in the area of Strategy & Finance....
SJVN Green Energy Limited (SGEL), a subsidiary of SJVN, has issued a tender to buy or lease 1,000 acres of land in Punjab for the construction of a 200 MW solar power project. This is for a period of 28 years. The last date to...
The much-awaited COP28 being held in Dubai is seeing some big announcements come up from the UAE in partnership with other countries. Here are some noteworthy partnerships and announcements that were made by the region in the climate summit- Masdar & Indonesia Abu Dhabi Future...
Contracts have been awarded to Genesis, H2GO Power, and Fichtner by project partners SSE Renewables and Equinor in an initiative to begin the production of large-scale green hydrogen from the 2 GW Dogger Bank D. Being developed in a phased manner, Dogger Bank is located...
Growatt has introduced an upgraded version of its MAX inverter series. The demand for solar panels with higher power outputs continues to grow, driven by the need for more energy generation in limited spaces, such as commercial and industrial scenarios. Ongoing development of solar cell...
Energy think-tank EMBER in its recent report, analyzed the impact of increasing renewables and doubling efficiency on phasing out of fossil fuels. The findings reveal that renewables contribute significantly to efficiency, delivering about 85% of the targeted fossil fuel cuts by 2030. EMBER indicates that,...
IEA (International Energy Agency) report on carbon capture and storage identifies challenges in deployment of clean energy technology and in reducing carbon emission. It also compares carbon capture technology, which based on technology for CO2 reduction, with solar PV (Photovoltaic) technology which aim at electricity...
Tech-enabled electric vehicles mobility platform, ZEVO, has announced its partnership with Machphy Solutions towards the deployment of the brand’s innovation across ten cities in its inaugural year. The initiative will benefit several sectors such as pharmaceutical, seafood, dairy, and FMCG Industries in the temperature controlled...
The US Department of Treasury and the IRS (Internal Revenue Service) has now proposed guidelines on clean vehicles credits under the Inflation Reduction Act (IRA). It is expected to lower costs for consumers, spur growth in the US vehicle manufacturing, and strengthen energy security. The...
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