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clean energy power generation

Funding New Thermal Power Plants May Create Stranded Assets: IEEFA Report

A latest report by the Institute for Energy Efficiency and Financial Analysis (IEEFA) claimed that new investments in thermal power plants could potentially lead to new stranded assets. The report said it is due to the economic benefits of renewable energy. The report titled ‘Cleaning up the last pile of India’s power sector Non-Performing Assets (NPAs)’ discusses […]

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Thermax Subsidiary First Energy Commissions 45.80 MW Wind-Solar Hybrid Captive Plant

First Energy Private Limited (FEPL), a wholly owned subsidiary of Thermax Limited, an energy and environment solutions provider has commissioned a 45.80 MW wind-solar hybrid (WSH) captive power plant in the state of Gujarat. The state-of-the-art facility has an installed capacity of 24.3 MW of wind energy and 21.50 MW of solar energy. The plant […]

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Clearstone Energy Unveils Ambitious Plans for Energy Hub in Mid Devon

Clearstone Energy has revealed ambitious plans to establish a pioneering energy hub in Mid Devon, set to have a significant impact on  the UK’s response to the climate emergency. The proposed hub, situated adjacent to Junction 27 of the M5, aims to maximize the utilization of renewable energy from solar and wind farms, presenting a […]

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Balancing Energy & Aquaculture in Bangladesh: First Floating Solar Power Plant Connects to National Grid

Bangladesh has connected its first floating commercial solar power plant to the national grid. The farm is located in Chapainawabganj District, about 302 km northwest of the country capital Dhaka. The Joules Nawab Floating Solar Plant project consists of solar panels aggregating to a capacity of 2.3 MW mounted on specially designed floating platforms in […]

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Southeast Asian Power Market On A Liberalisation Spree: Report

The recent Global Market Outlook report on solar power by Intersolar Europe and Global Solar Council claimed that several countries in the Southeast Asian market are on a liberalization spree to reform their power sector. These reforms aimed to boost the production of renewable energy and its use to cater to the power needs of […]

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Engie & Partners Commission 150 MW Hazelwood Battery Energy Storage System

Engie, the French energy company, along with project partners Eku Energy and Fluence, has successfully commissioned the Hazelwood Battery Energy Storage System (BESS) in the Latrobe Valley, Victoria, Australia. This pioneering project, with a capacity of 150MW/150MWh, is the first of its kind in the country to be situated on the grounds of a decommissioned […]

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UK Allocates £4.3 Mn Funding to Advance Space-Based Solar Power

The UK government has allocated £4.3 million in funding to universities and tech companies to drive the development of space-based solar power. While the concept of commercial power stations in space may seem futuristic, the space industry has long been at the forefront of solar power advancements. As part of the government’s space-based solar power […]

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China’s Offshore Wind Achieves Remarkable Power Price Parity with Coal Prices

China’s rapidly expanding offshore wind industry has defied the global norm by successfully driving down power prices to match those of coal, according to a recent report by BloombergNEF. While other regions continue to face upward pressure on energy costs, China’s offshore wind sector has experienced a significant reduction in prices, presenting a promising development […]

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