Renewable Energy

China’s Biggest Energy Storage Facility Goes Live

A stand-alone energy storage station that has a capacity of 200 MW/400 MWh has been connected to the grid in China’s Ningxia. Chinese conglomerate behind the project Hithium Energy Storage made the announcement. Xiamen Hithium Energy Storage Technology Co., Ltd., is a high-tech enterprise formally established in 2019, specializing in the R&D, production and sales […]

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A$7.8 Bn Deal for Renewable Energy Transmission Infra in New South Wales

The provincial government of New South Wales (NSW) has clocked a landmark agreement of A$7.8 billion ($5.2 billion) with the Federal Government to further the renewable energy infrastructure in the province. The deal was announced by Prime Minister Anthony Albanese in the presence of NSW Premier Dominic Perrottet and is aimed at urgently stepping up […]

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Punjab Invites Bids for 10 MW Grid Connected Solar Power Plants Tender

Punjab Energy Development Agency (PEDA) has floated 10 MW grid-connected rooftop or ground-mounted solar power plants under the renewable energy service company (RESCO) model at various locations in the state.  The last date for submitting the online bid is January 30, 2023, and the bid will be opened on January 31, 2023. The scope of […]

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SECI Invites Request for Selection for 1.2 GW Hybrid Power Projects

Solar Energy Corporation of India Limited (SECI) has invited a request for selection for setting up 1200 MW ISTS-connected wind-solar hybrid power projects along with an assured peak power supply in India under a tariff-based competitive bidding process.  The last date for submitting the online bid is January 12, 2023 (for online submission) & January […]

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Telangana Floats Tender for 50 MW Mono PERC Solar Modules

To purchase 50 MW of monocrystalline passivated emitter and rear contact (MONO-PERC) solar modules under the domestic content requirement (DCR) and non-DCR categories for use in the grid-connected rooftop solar program (Phase-II) and other government projects, the Telangana State Renewable Energy Development Corporation (TSREDCO) has issued a request for bids.  The last date for submitting […]

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Iberdrola Partners with ABEL Energy for € 1.1 Bn Green Hydrogen Project

Iberdrola Australia and hydrogen developer ABEL Energy have come together to build a green hydrogen and green methanol production plant at Bell Bay, Tasmania. The project – Bell Bay Powerfuels – is backed by the Australian government and will involve an investment of EUR 1.1 billion. Iberdrola said that Bell Bay Powerfuels will produce 200,000 […]

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Financial Agreements Signed to Fund World’s Largest Green Hydrogen Project in Neom

Neom Green Hydrogen Company (NGHC) has signed multiple financial facility agreements with local, regional and international banks and financial institutions to support the construction of the world’s largest green hydrogen production plant in Neom, the sustainable city project in Saudi Arabia. The quantum of funds committed by the lenders with Saudi Industrial Development Fund (SIDF) […]

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Repsol Buys RE Investment Platform Asterion Energies to Add 7.7 GW to Portfolio

Spanish multinational energy and petrochemical company – Repsol – has announced the signing of the acquisition of Asterion Energies from European infrastructure fund Asterion Industrial for EUR 560 million plus up to EUR 20 million in contingent payments. Repsol said it looks to become a global player in renewable energy and strengthen its position in […]

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World Bank Inks Project to Scale up Renewable Energy Technologies in India

The World Bank has announced that it has signed agreements with the Government of India (GoI) and Solar Energy Corporation of India Limited (SECI) for a $150 million IBRD loan, a $28 million Clean Technology Fund (CTF) loan and a $22 million CTF grant. The objective of the financial agreements is to help India increase […]

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