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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 Indias power sector Non-Performing Assets (NPAs) discusses []

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World Bank Approves $200 Mn Loan to Himachal for RE Sector Reforms

World Banks Board of Executive Directors has approved a $200 million loan for the Government of Himachal Pradesh to support power sector reforms in the state and increase the share of Renewable Energy (RE) in its electricity generation. The loan aligns with Himachal Pradeshs objective of adding 10 GW of additional RE capacity to make []

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Train Electrical Engineer (TEE)

Responsibilities Quality, Cost and Delivery of S&A and EHI deliverables as follow:- T phase Responsible for carry-over analysis (electrical product) >> What can be re-used from previous project Responsible of NRC costing + Workload Contributor of ENG planning with vision on E2E planning with Indus/Manuf Contributor to PDO definition Informed of PIO Responsible of Technology []

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AngloGold Ashanti Unveils Renewable Project with Storage at Tropicana Gold Mine in Australia

Global mining company AngloGold Ashanti plans to build one of the largest renewable projects in Australias natural resource sector, the firm announced recently. The companys subsidiary, AngloGold Ashanti Australia Ltd., has agreed with power developer Pacific Energy to construct and operate 62 MW of wind and solar generation capacity at the Tropicana gold mine site. []

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Leyline Renewable Capital Funds RAI Energys Solar and Storage Ventures

Leyline Renewable Capital, a provider of development loans for renewable energy projects, announced a project development loan for RAI Energy, a renewable energy developer. With the assistance of Leyline Development Capital, RAI Energy is set to advance multiple large utility-scale solar and solar-plus-storage projects within the WECC market over the next four years. Mohammed S. []

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Site Engineer-Project Construction & Commissioning (Floating Solar PV)

Responsibilities:- Plan, schedule, predict and manage all the technical tasks of the assigned project to assure accuracy, proper resources and quality from start to finish. Checking technical designs and drawings to ensure that they are followed correctly. managing parts of construction projects. Undertaking surveys Update relevant stakeholders or team members on the project performances Performing []

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European Solar Energy Startups Witness 400% Surge in Investment: Report

A new research report by Avent Abacus reveals that total investment in European solar energy startups is up almost 400 per cent compared to last year. Reportedly, the companies received $6 billion in funding in the first five months of 2023 alone. Key Insights Avent Abacus notes that the total investment in European solar startups []

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Omnivore Seals First Close of Third Fund at $150 Million

Impact venture capital firm Omnivore has announced the first close of its third fund at $150 million. First close investors include KfW, the Self Reliant India (SRI) Fund, FMO, SIFEM, the International Finance Corporation (IFC) with support from the Bill & Melinda Gates Foundation Inclusive Agritech Facility, Louis Dreyfus Company Ventures, the Dutch Good Growth []

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Power & Energy Consultants Wins 800 MW Solar Park Project in Uttar Pradesh

Power & Energy Consultants India, which delves into energy consultancy services, has bagged a consultancy contract by TUSCO for an 800 MW ultra-mega solar power park in Chitrakoot, Uttar Pradesh. The consultancy will be responsible for coming up with a feasibility-cum-detailed project for the 800 MW project won through competitive bidding. The firm bagged the []

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