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electricity

ADB Approves $434.25 Mn Loan To Setup Solar Facility In Assam

The Asian Development Bank (ADB) recently approved a $434.25 million loan to increase renewable energy capacity and improve energy security in the state of Assam, India. “Addressing the renewable energy capacity shortage in Assam is crucial to meet growing demand and reduce dependency on fossil fuels,” said ADB Principal Energy Specialist Jiwan Acharya. “This project […]

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Q2 Results: JSW Energy Reports Marginal Surge In Net Profits

JSW Energy Limited today reported its results for the quarter (“Q2 FY25” or the “Quarter”) ended September 30, 2024. Key Highlights of Q2 FY25 Operational: Net Generation increased 14% YoY at 9.8 BUs driven by wind capacity additions, higher generation at thermal and hydro plants Total RE generation is up by 14% YoY at 5.0 […]

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Saudi Arabia Shortlists Bidders for 3.6GW Solar Projects

The Saudi Power Procurement Company (SPPC) has announced a shortlist of bidders for its fifth round of tenders under the National Renewable Energy Programme (NREP), aimed at boosting the country’s solar energy capacity. This round targets 3.6GW of solar photovoltaic (PV) capacity across four projects. Bids for these projects were initially disclosed in February, and […]

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ARENA Funds Australia’s First Community-Led Electrification Trial

Australian Renewable Energy Agency (ARENA), and its partners Brighte, Rewiring Australia and Endeavour Energy, are set to electricity 500 households in New South Wales, in a new project announced recently announced by the organization. ARENA is providing $5.4 million in funding for the “Electrify 2515 Community Pilot” to support the electrification of 500 homes in […]

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Coal India Issues Tender For 300 MW Khavda PV Solar Project

Coal India Limited has issued a fresh tender for a 300 MW solar project at Khavda. The government entity is now seeking EPC companies for executing the project in the region, touted to be India’s biggest renewable park. These are ground-mounted grid-connected solar projects. This comes at a time when Coal India has planned to […]

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MRF Set To Make Rs. 7.26 Crore Investment In Clean Max Omni

Chennai-based Tyre manufacturer MRF Limited recently announced its plans to acquire a 26 per cent stake in Clean Max Omni Private Limited for Rs. 7.26 crores, pivoting into renewable energy space. The tyre manufacturers entered into a captive power purchase agreement with Clean Max Omni for a hybrid power supply under the government’s captive power policy. In […]

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Is India Ready To Welcome Its Largest Ever Wind Turbines?

Dongfang Electric Corporation, a Chinese wind turbine manufacturer, made waves in the global wind market this month by launching the world’s largest wind turbine, with a capacity of 26 MW. This massive turbine was specifically designed for a wind project near Fujian in China. Chinese manufacturers are widely recognized for producing some of the largest […]

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IEA Flags Supply Side Risks For Global Energy Security

The global energy landscape, as detailed in the World Energy Outlook 2024, highlights the challenges and opportunities of transitioning to a clean energy future amidst growing geopolitical risks and economic uncertainties. With events like the conflicts in the Middle East and Russia’s war in Ukraine, the global energy market’s fragility is apparent, influencing both traditional […]

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Mercedes-Benz Opens Its Recycling Factory In Germany

German carmaker Mercedes-Benz recently opened its first battery recycling plant in Europe with an integrated mechanical-hydrometallurgical process making it one of the first car manufacturer worldwide to close the battery recycling loop with its own in-house facility. The recycling plant in Kuppenheim in southern Germany is set to boost the circular economy of automobile batteries. […]

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