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NTPC Issues Tender for 1500 MW Of Solar-Wind Hybrid ISTS Projects

The National Thermal Power Corporation (NTPC) Limited has issued a tender seeking prospective renewable energy developers. As per the mandate of the tender document, the Indian power behemoth has sought bids from players who could develop solar-wind hybrid projects anywhere in the country. The document said that the renewable energy company needed to develop this []

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Masdar Raises US$750 Million Green Bond

Abu Dhabi Future Energy Company PJSC Masdar announced the successful completion of its first green bond issuance for US$750 million 10-year senior unsecured Notes today. Showing positive appetite from regional and international investors, the order book peaked at US$ 4.2 billion, i.e. oversubscription of 5.6x. Pricing tightened 35 bps between launch and final terms, []

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GoodWe Launches 100kW Hybrid and Retrofit Battery Inverters for C&I

GoodWe, the leading inverter manufacturer and energy storage solutions provider, has expanded its C&I energy storage solutions portfolio with two new additions: the ETC 100kW hybrid inverter and the BTC 100kW retrofit battery inverter, both of which can be coupled with GoodWe high-voltage battery system Lynx C (101kWh 156kWh). With a proven track record []

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Tata Sons To Invest £4bn To Build A 40GW Battery Cell Gigafactory In UK

Tata Sons, the principal investment holding firm and promoter of Tata companies has now planned to build a 40 Gigawatt (GW) battery cell gigafactory in the United Kingdom (UK). It has also planned to infuse an investment of around £4 billion. The firm said that it would deliver electric mobility and renewable energy storage solutions []

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Building Sustainable Cyprus: Central Energy Storage for Hybrid Renewables

Cyprus has set out a policy framework for the integration of energy storage systems after reaching a funding agreement with the European Commission (EC). The Mediterranean islands Ministry of Energy, Commerce and Industry (MECI) last week announced its General policy framework for energy storage systems. It said the government will be deploying centralised energy storage []

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India, China To See Major Rise of Power Generation Emissions By 2024: IEA

The latest report by the International Energy Agency (IEA) released today claimed that while the power demands in advanced economies are slated to plunge, they will likely go up for South Asian countries like India and China. It also said that while the emissions from power generation are slated to slump in Europe, it is likely to []

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RERC Allows RDSS Facility To Rajasthan Discoms Franchisee In Ajmer

The Rajasthan Electricity Regulatory Commission (RERC), in its latest judgment, ordered the rollout of the Revamped Distribution Sector Scheme (RDSS) for TP Ajmer Distribution Limited (TPADL) in Ajmer city. This comes after TPADL, a distribution franchisee of the Ajmer Vidyut Vitran Nigam Limited (AVVNL), moved the RERC seeking benefits of the scheme to the company. TPADL []

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Azure Power Announces its New CEO in Sunil Gupta

Independent Power Producer Azure Power has onboarded Sunil Gupta as its new Chief Executive Officer. Sunil brings to the table global experience in renewable energy, new energy, and digital technologies. His career spans over two decades of experience in managing growth, operational excellence, and profitability of global renewable energy businesses. In his previous role, Sunil was []

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