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Electricity Act

World to Get 50% Electricity from Wind and Solar by 2050, says BNEF Report

“We see $548 billion being invested in battery capacity by 2050, two thirds of that at the grid level and one third installed behind-the-meter by households and businesses,” said Seb Henbest, Head of Europe, Middle East and Africa for BNEF and lead author of NEO 2018. The world will generate half of the power generation […]

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Ellomay Arm Inks EPC Pact with METKA for 300 MW Spanish Talasol Project

This is a very significant milestone in the advancement of the Talasol project, which is expected to be one of the largest photovoltaic projects in Europe and one of the first projects to work on grid parity, that is, without subsidies, says Ran Fridrich. Israel-headquartered renewable energy company Ellomay Capital’s arm Talasol Solar has entered into an […]

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Beer Giant AB InBev’s Mysore Unit Goes Green; Inks Pact with Canadian Firm

The brewery in Mysore manufactures beer brands especially Budweiser, Knock out and Beck’s Ice, is the company’s third unit in the world that has shifted to the renewable source to meet its energy demands. The other two are in the US. The Mysore unit of World’s biggest beer giant Anheuser-Busch (AB InBev) in Karnataka has shifted from […]

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ABB Wins 132 KV Substations Contracts from Iraq

The move has come as the government of Iraq is rebuilding the country and investing in its grid as part of its ambitious plan to develop its power infrastructure to meet electricity needs. ABB has bagged orders from the Ministry of Electricity in Iraq to deliver 5 fixed and 15 mobile 132 kilovolt substations, aiming […]

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Price Cut in Per Unit Solar Power a Discouraging Factor

“Coal and hydroelectricity have come cheaper, and it has become more viable for Chamundeshwari Electricity Supply Corporation (Cesc) to buy power from neighboring states than getting it from households,” Sales manager of Evervolt Solar Private Ltd Karunakaran A said. After a steep decline in the prices offered for per unit of solar power generated by households and […]

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Bangladesh, World Bank Ink $55 Mn Pact to Expand Renewable Energy Usage in Rural Areas

The additional financing to the Second Rural Electrification and Renewable Energy Development (RERED II) Project will install 1,000 solar irrigation pumps, 30 solar mini-grids, and about 4 million improved cookstoves in rural areas. In order to expand renewable energy usage in rural areas, the Bangladesh government has inked a USD 55 million financing pact with the World […]

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KSEB, NTPC Ink Pact for Increasing Solar Power Generation

The agreement signed also includes a deal to set up a 15 MW solar power unit at the NTPC complex in Kayamkulam. The Kerala State Electricity Board (KSEB) and National Thermal Power Corporation (NTPC) has entered into a Memorandum of Understanding (MoU) for increasing solar power generation in the state of Kerala. According to an official release, the agreement signed […]

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ABB Bags $90 mn Contract to Enable Expansion of Solar Park in Dubai

The solar park is located inland 50 km south of Dubai and has been a central part of Dubai’s renewable strategy. ABB has won an order worth over USD 90 million from Dubai Electricity and Water Authority (DEWA) to build the Shams 400 kV substation that will integrate solar power from upcoming phases of the […]

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World’s First Solar Fuels Reactor for Night Passes Test

International solar thermal energy researchers have successfully tested CONTISOL, a solar reactor that runs on air, able to make any solar fuel like hydrogen and to run day or night – because it uses concentrated solar power (CSP) which can include thermal energy storage. The promise of solar fuels is that we could have zero […]

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