hydro

Datta Power Plans To Bid For PSPs, Hydro Projects Soon

Renewable energy company Datta Power Infra is now all set to jump onto the bandwagon of developing Pumped Storage Projects (PSPs) and hydro projects. The top management of the firm said that it is likely to bid for these projects from the next quarter. The company recently won a tender from NTPC for a 700 […]

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Delhi’s Grid Flexibility To Cut Peak Demand By 4 GW: RMI

RMI’s recent report highlighted changes in Delhi’s power grid system, which has utilized grid flexibility technologies to manage and mitigate increasing demand peaks in the city. RMI estimates suggest that by 2030, Delhi could reduce 250–1,350 megawatts (MW) of peak demand through air conditioning (AC) demand response (DR) programs. It is estimated that grid flexibility […]

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S&P Global Launches REC Price Assessments for Brazil-India Turkey

S&P Global Commodity Insights has announced an independent suite of price assessments for International Renewable Energy Certificates (I-RECs) in Brazil, India, and Turkey. The key objective behind the I-RECs is to provide market participants and energy consumers a higher level of transparency in the global market for valuing renewable-origin power generation. I-RECs certificates are a […]

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Tata Power-DDL Meets 100% RPO; Becomes 100% RPO Compliant Second Time In a Row

Power utility, Tata Power Delhi Distribution Limited, a JV between the Government of India and Tata Power Company, has achieved 100% RPO compliance for the second year in succession. To meet its Renewable Purchase Obligation (RPO) for the financial years 2021–2022, the company purchased 2200 million units (MUs) of green power from renewable sources, such […]

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Meghalaya to Empanel Developers for Renewable Energy Projects

Meghalaya has issued an EOI for the empanelment of developers for setting up renewable energy projects under different models in the state. The Power Department of the Government of Meghalaya has issued an Expression of Interest (EOI) for the empanelment of firms/ developers for setting up renewable energy projects including hydro, solar, wind, and biomass […]

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Scatec Targeting 15 GW Renewable Capacity by 2025

At its Capital Markets Update today, renewable company Scatec confirms its current 4.5 GW capacity target for 2021 and raises its target to 15 GW by end of 2025. The business plan is supported by Scatec’s track record of strong growth and a solid project pipeline across solar, wind, hydro and storage in high-growth markets globally. 12 […]

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Panasonic, Equinor Form Partnership for Establishing European Battery Business

Panasonic, Equinor and Hydro have signed an MoU to form a strategic partnership to explore possibilities for establishing a European battery business. Panasonic, energy company Equinor and industrial group Hydro have signed a Memorandum of Understanding (MoU) to form a strategic partnership to explore possibilities for establishing a sustainable and cost-competitive European battery business. The […]

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Scatec Solar acquires SN Power, building a global leader in RE

Scatec Solar has signed a binding agreement to acquire 100% of the shares in SN Power, a leading hydropower developer and IPP, from Norfund for a total equity value of USD 1,166 million. The acquisition forms an important part of Scatec Solar’s broadened growth strategy, with an ambition to become a global large-scale player in […]

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