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Indias RE May Fall Short Of 2030 Target By 104 GW: GlobalData

A new report has predicted that current growth trend of renewable energy production may pull India 104 GW short of the 2030 renewables target. 2030 RE target requires India, according to GlobalData, to add more than 38 GW of renewable capacity every year from 2022 to 2030. Ironically, Central Electricity Authority has predicted that India []

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Statkraft Backs Solar Park with 5- year PPA

Europes leading renewable energy player, Norwegian firm Statkraft, has signed a 5-year power purchase agreement (PPA) for the Strasen Solar Park. The Norwegian energy company is thus supporting the construction and operation of the 30 MW solar park. According to the official statement of Statkraft, the solar parkwill operate entirely without EEG subsidies and is []

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Eurowind Set To Build 2.5 GW Energy Centres in Denmark

Europes major renewable energy player, Eurowind Energy has announced its plans to develop five renewable energy projects called Energy Centres in Denmark. These projects will be based on land and the total capacity will be 2.5 GW. Eurowind said that it is signing agreements with landowners to enable construction of the RE projects the land. []

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NTPC, GACL will collaborate for renewable energy, green chemicals

NTPC Renewable Energy Limited (NTPC REL) has announced signing of a Memorandum of Understanding (MoU) with Gujarat Alkalies and Chemicals Limited (GACL) to realize green energy and green hydrogen objectives and the Government of India meant to make the economy carbon-neutral. The official statement of the central PSU held that the pact was signed by []

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Jharkhand Unveils Ambitious Solar Energy Policy

The Jharkhand Government is poised to unveil its Solar Energy Policy 2022. The policy, launched by the Chief Minister of Jharkhand, Hemant Soren, will seek to augment the capacity of clean energy to 4000 MW in the financial years 2022 to 2023 and 2026 to 2027. Jharkhand Renewable Energy Development Agency (JREDA) has revealed a []

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Rajasthan And NTPC Sign MoU To Develop 10 GW Renewable Energy Park In State

NTPC Renewable Energy Ltd (NREL) and Rajasthan Government signed on July 1 an MoU for a 10 GW ultra mega Renewable Energy Power Parks (UMREPP) to be developed in Rajasthan. The MoU was signed at a ceremony held on Friday in the presence of Rajasthan Energy Minister Bhanwar Singh Bhati. Since it was formed on []

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RUMSL Issues LOAs For 600 MW Omkareshwar Floating Solar Project

Letters of Award were distributed by Principal Secretary of New and Renewable Energy Department, Madhya Pradesh, Sanjay Dubey, on June 30 to the developers selected in the first phase of 600 MW Omkareshwar Floating Solar Project on Narmada river in Khandwa district of Madhya Pradesh. The tender for Phase-I achieved minimum rates of Rs 3.22, []

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Masdar To Begin Soon On 1 GW Solar Power Project In Iraq

The renewable energy party has finally arrived in Iraq, one of the last major oil exporters to adopt solar in a big way. In an effort to decarbonize the economic system of the country and mitigate the climate change risks, the country has finally been bidding out contracts for solar plants. In a fresh development, []

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EnBW will acquire 800 MW solar projects in Germany

EnBW and Procon Solar GmbH in Cottbus, Germany, have agreed to the takeover of pre-developed photovoltaic projects in Brandenburg with capacity of around 400 megawatts (MW) and an option for a further 400 MW. As per the official statement, at least half of EnBWs generation portfolio is set to consist of renewable energies by 2025. []

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