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The Top 5: Game-Changing Renewable Energy Projects In The Middle East

The energy transition towards renewables has recently seen an increase in Middle Eastern countries, especially in Saudi Arabia, UAE, Egypt, Morocco etc. Once dependent on its plentiful reserves of oil and gas for wealth, the region is finally embracing the zero-carbon emission goals. As per IRENA’s World Energy Transitions Outlook (WETO), the region could obtain […]

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Enfinity Global, Statkraft Sign PPA For 191 Gwh Supply In Italy

Global renewable players Enfinity Global and Statkraft have announced that they have signed a 10-year solar power purchase agreement (PPA) in Italy. As per the deal, the committed energy will be produced by a 112 MW utility-scale solar power portfolio owned by Enfinity Global. The official statement by Enfinity held that the solar power portfolio, […]

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Qcells To Supply 2.5 GW Of Solar Panels To Microsoft

South Korean solar conglomerate Qcells and software giant Microsoft Corp have announced that they are partnering to enable a strong supply chain for new renewable electricity capacity projected to require at least 2.5 GW of solar panels and related services. This capacity is equivalent to power more than 400,000 homes. Microsoft aims at becoming carbon […]

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RWE, PPC To Develop Five Solar Power Projects In Greece

Global energy players – RWE and PPC – have announced that they have taken the final investment decision for five photovoltaic projects in Greece through their joint venture company Meton Energy S.A. to help accelerate the Greek energy transition. In Meton Energy, RWE Renewables hold 51% stake while PPC Renewables has 49%. Thodoros Skylakakis, Greek […]

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Minigrid Pioneer Husk Power Turns Profitable After 14 Years

Husk Power Systems, which pioneered the first renewable energy minigrid in India in 2008 and now operates the largest fleet of community mini grids across Asia and Africa, announced that it has achieved profitability on both continents. Husk is the world’s first minigrid company to achieve this major industry milestone. The company became EBITDA positive […]

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JVVNL Issues Tender For 31 MW Solar Projects Under PM-KUSUM

The Jodhpur Vidyut Vitran Nigam (JVVNL) has called for bids to develop 31.02 MW grid-connected solar projects under ‘Component C’ of the PM-KUSUM meant for the solarization of power grids. The last date for bidders to submit the bids is February 20, 2023. The bid opening date is February 22. As per JVVNL, 13 solar […]

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Islamic Development Bank To Offer Insurance/Finance For RE Projects

In a bid to promote the development of renewable energy projects, the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the insurance arm of the Islamic Development Bank (IsDB) Group, has signed an MoU with Abu Dhabi Future Energy Company or Masdar. Under the MoU, the bank and Masdar agree to co-operate […]

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500 Government Schools In Telangana To Have Rooftop Solar By March

After solarisinga 100 schools in Telangana, the state government now targets to put solar panels on the buildings of 500 schools by the coming March. The objective is to decentralise electricity generation and make the schools free from power shedding challenges. In 2022, the Telangana government had said that it aims at installing rooftop solar […]

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