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Fiscal Year 2024: World Bank Provides $42.6 Bn Climate Finance

The World Bank Group delivered a record $42.6 billion in climate finance in fiscal year 2024—from July 1, 2023, to June 30, 2024, according to its ‘Climate Finance Fiscal Year 2024 Snapshot’. This is a 10% increase in climate finance compared to the previous year. At COP28, the World Bank Group committed to increasing its […]

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Sep 18 Int’l Briefs- Ib Vogt, USTR Section 301 Tariffs, Al Ajban Project

ib vogt and NextEnergy Capital agree on 110 MWp Solar Project acquisition for their NextPower V ESG fund International solar developer ib vogt and NextPower V ESG have successfully agreed on a deal for the sale and purchase of a 110 MWp solar photovoltaic project,  respectively. The project, located in Segovia, Spain, is to be […]

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JBM, ADB Ink Rs 3.6bn Pact To Bring E-Buses To Haryana, Odisha

The Asian Development Bank (ADB) and the JBM Group recently signed a Rs 3.6 billion (about $43.2 million) non-convertible debenture loan to expand access to electric buses in Haryana and Odisha. The loan will support the procurement of up to 650 electric buses and fund the cost of operations, maintenance, and deployment of depots and […]

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DERC Allows SCOD Extension To Tata Power For Hybrid Project

In some relief for the developer, the Delhi Electricity Regulatory Commission (DERC) allowed Tata Power Renewable Energy an extension for its Karnataka hybrid project. The company is now developing a 510 MW of wind-solar hybrid project in the state. The order of state power regulator came to the fore after Tata Power Renewable Energy filed […]

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For Net Zero India Needs 494 GWs Of Solar & Wind Capacity By 2030: Bloomberg NEF

The New Energy Outlook report released by Bloomberg NEF at its Indian event says India needs more than 4 terawatts of wind and solar capacity installation by 2050 for the Net Zero Scenario. Power demand is projected to grow six fold during the period. Moreover, the report also calls for over $12 trillion investment and […]

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Functional Safety Project Engineer

Lead the development, or review, or audit/assessment of safety work products for clients seeking compliance to standards in functional safety and related fields, including ISO 26262, IEC 61508, IEC/EN 62061, ISO 61511, ISO 21448, UL 4600, ISO 13849, and other similar standards relevant to systems- and software- engineering. Lead the development, or review, or audit/assessment […]

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GUVNL Issues Tender For 500 MW Solar Projects

GUVNL recently released a tender for the procurement of power through a competitive bidding process for a 500 MW Grid Connected Solar Photovoltaic Power Projects to be set up /under construction / already commissioned projects anywhere in India with Greenshoe option of additional capacity up to 500 MW without energy storage. The tender’s last date […]

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Consultant-Market (Oil & Gas / Power)

With a focus on utility industries such as Power, Oil & Gas, Data Infrastructure and Water as well as other resource-intensive sectors, Black & Veatch’s Global Advisory group provides a range of holistic strategic, process, financial and technology solutions. Black & Veatch brings together combined expertise in advanced analytics and practical business experience with extensive […]

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Oxford PV Claims Research Breakthrough Could Reduce Need For Solar Farms

An abiding aspect of solar research has been the obvious focus on improving energy conversion efficiency at lower costs, and finding more and more application areas for solar. Scientists at Oxford University Physics Department have developed a ‘revolutionary approach’ which they claim could generate increasing amounts of solar electricity without the need for silicon-based solar […]

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