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Neoen sees bigger appetite for RE as Europe shuns Russian power

French renewable power producer Neoen should benefit from more demand for green energy in Finland, Italy and France as Europe looks to become independent from Russian gas, the company’s chief executive said on Monday. The European Union has announced plans to expand its clean energy capacities as it looks to cut dependency on Russian gas […]

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Mainstream Renewable, Aker buy 50% stake in 800MW offshore wind plant in Japan

Wind and solar company Mainstream Renewable Power and Aker Offshore Wind have closed a deal which will give them a 50% stake in a 800 megawatt (MW) floating offshore wind project in Japan, the companies said on Monday. The other 50% stake in the project belongs to renewable energy project developer Progression Energy. Mainstream is […]

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Vestas Joins 9GW Floating Wind Farm Development in South Korea

According to a statement released by the South Korea’s Ulsan City Government, a Memorandum of Understanding (MoU) has been signed between Vestas – the Denmark based leading wind turbine manufacturer – and Ulsan City Administration, Ulsan Port Authority and Sejin Heavy Industries & Construction meant to foster cooperation between the parties for the development of […]

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Delhi’s EV specific Portal Hopes to give a fillip to EV adoption

To ease the availing of interest subvention on loans taken to purchase electric autos (e-Auto Rickshaws), the Delhi Government has launched ‘My EV Portal’. The move is expected to help the auto rickshaw drivers who look to switch to the electric ones from the CNG. My EV Portal website has been developed by the Government […]

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GoodWe, Skill Council For Green Jobs Join Hands For Training On BESS

Early this month on March 3 and 4, inverter firm GoodWe joined up with the Skill council for green jobs to train industry professionals on a 2 day programme called “Battery as an Energy Storage System” (BESS). GoodWe, as a key player in the solar inverter market in India, and with a portfolio of energy […]

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MoP issues guidelines for procurement & utilisation of BESS

The Ministry of Power (MoP) has notified a new resolution of the Guidelines for the procurement and utilisation of battery energy storage systems (BESS) as part of generation, transmission and distribution assets, along with ancillary services. Specific Objectives of the Guidelines:  To facilitate procurement of BESS, as part of individual RE power projects or separately, […]

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Bill Gates, Chris Sacca Invest in tech for Net Zero Emissions in Heavy Industries

Microsoft co-founder Bill Gates and Chris Sacca, an early investor in Uber, Twitter, and Instagram, are investing in the US-based start-up Antora Energy to help mitigate climate change. Although Antora Energy is in the early stages of alleviating greenhouse gas emissions from heavy industries, its technology looks promising. Bill Gates is investing in Antora Energy through investing […]

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Ayana and Maxeon Complete and Commission 192MWp Bikaner 1 Project

Ayana Renewable Power and Maxeon Solar Technologies have announced the completion and commercial operation of the 192 megawatt (MW) Bikaner 1 Solar Farm in Rajasthan. It’s a utility-scale solar power plant built in the second half of 2021 and commissioned in December 2021. Bikaner 1 solar power plant has utilized a total of nearly 398,000 Performance 3 […]

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MNRE Amends Guidelines for Hybrid Projects

The Ministry of New and Renewable Energy (MNRE) has issued an office memorandum, modifying guidelines for the tariff based procurement from Wind and solar hybrid projects. These guidelines had originally been released on October 14, 2020, and amended subsequently on July 27, 2021. The purpose behind such hybrid projects is to seek RTC (Round the […]

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