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Renewable energy generation

UP Floats Tender To Outsource Operations & Maintenance Of Solar Mini-Grids 

The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has now issued a tender to outsource the operations and maintenance of its solar mini-grids. The government plans to give the contract to the interested parties on a revenue-sharing basis. The tender also said that with this, the state agency intends to revive and restore the old […]

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NTPC Eyes 130 MW Floating Solar in Tripura

National Thermal Power Corporation (NTPC) said that it will be conducting a feasibility study for a 130 MW floating solar power plant on Dumbur Lake that falls in Gomati district of Tripura. In the current case, Tripura Renewable Energy Development Agency (TREDA) has inked an MoU with NTPC for the feasibility study. As part of […]

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MNRE To Hold Talks On Financing New Technologies At G20 WG Meet Today 

The Ministry of New and Renewable Energy (MNRE) will conduct a brainstorming session on low-cost finance for new and emerging technologies in Mumbai today. The event will be organized on the sidelines of the third Energy Transition Working Group (ETWG) meeting at the Jio World Convention in Mumbai.  The event will likely discuss ways to […]

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Ireland First Offshore Wind Auction: 3.1 GW Awarded in Four Projects

Ireland has awarded four offshore wind energy projects of capacity nearing 3,100 Megawatt (3.1GW) in its first offshore wind auction conducted under Renewable Electricity Support Scheme ‘ORESS 1.’ The 1,300 MW Codling Wind Park will be owned and developed by a joint venture of Fred. Olsen Seawind and EDF Renewables. RWE has said it will […]

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Indian EV Sector Registered 170% Growth In FY23: CEEW-CEF Report

A latest analysis report by the Council on Energy, Environment and Water’s Centre for Energy Finance (CEEW-CEF) claimed that sales of Electric Vehicles (EVs) in India grew exponentially in FY23. It claimed that the Indian EV sector witnessed a growth of 170 percent (compared to FY22). It also crossed the one million mark during the […]

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Masdar to Use Octopus Technology to Develop UK Battery Storage

Global energy tech group Octopus Energy has inked a deal with renewable major Masdar under which it will license Octopus’ technology platform Kraken to flexibly manage its battery storage portfolio in the UK. The move will enable Masdar to optimize and expand its energy trading capabilities in the UK, helping to accelerate the rollout of […]

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Enel Green Gets Go-Ahead To Operationalise 163 MW Chilean Solar Project

Renewable energy developer and operator Enel Chile, through its subsidiary Enel Green Power, has announced that it has received authorization from the National Electricity Coordinator, an authority of Chilean Government, to begin commercial operations after successfully passing all the tests related to its operations. Enel Green said that the 162.8 MW net power photovoltaic plant […]

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Repsol Picks Siemens Gamesa Turbines For Its 200-MW Wind Projects

Siemens Gamesa and Spanish petrochemical conglomerate Repsol have confirmed signing of two new contracts under which the global turbine maker will supply 40 units of its SG 5.0-145 onshore turbines for six wind farms in Spain. The total capacity of the six wind farms will be 200 MW. Following this agreement, Repsol will have eight […]

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Highest Cost of Financing for RE in Mexico, Egypt & Tunisia, Lowest in Germany: IRENA

IRENA (International Renewable Energy Agency) has released a report entitled ‘The Cost of Financing for Renewable Power’.  The Cost of Capital (CoC) is a major determinant of the total price to purchasers of electricity from renewable power generation technologies. As per the report, incorrect assumptions for CoC are not accurate, the cost of electricity might […]

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