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energy investments

Naturgy to Invest Over €9 M in Renewables by 2025

Spanish utilities company Naturgy plans to make investments worth 14 billion euros by 2025, of which approximately two-thirds will be earmarked towards boosting renewable generation, the company said while presenting its Strategic Plan (2021–2025) to the market. The second area of investment will be gas and electricity grids, mainly in Spain. In this period, the company […]

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SECI Finally Finds The First Buyer for Manufacturing Linked Tender- GRIDCO

Late last week, SECI (Solar Energy Corporation of India) announced the first power supply agreement (PSA) in connection with its manufacturing-linked solar tenders, floated in November 2019. These were won by Adani Green and Azure Power finally. Signed in Bhubaneshwar between SECI and GRIDCO Limited (or Grid Cooperation of Odisha), a subsidiary of Odisha Electricity […]

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CERC Declines A Decision on IEX Application To Permit Addl. Term Ahead, GTAM Trading

The Central Electricity Regulatory Commission (CERC) has delayed giving a categorical answer on certain approvals sought by Indian Energy Exchange Limited (IEX) and Power Exchange India Limited (PXIL) until the Supreme Court’s verdict on the same arrives. IEX had filed a petition under the 2010 Power Market Regulations, 2010, for the approval of the introduction […]

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Lohum Plans Integrated Li-Ion Unit f 3 GWh/3000 MWh At Gr. Noida Facility

LOHUM, positioned as the world’s leading integrated lithium-ion battery player, has announced that it will set-up 3GWh capacity single-location integrated Li-ion battery manufacturing and recycling factory in Greater Noida, Uttar Pradesh within the next 18 months. The integrated factory will have the battery manufacturing capacity of 1 GWh/ 1,000 MWh and 2GWh/ 2,000 MWh of […]

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John Cockerill to Supply Thermal Receivers to Redstone CSP Plant in SA

John Cockerill, a Belgium-based engineering company, has revealed that it will supply molten salt solar thermal receivers to Redstone’s 100 MW Concentrated Solar Power Plant (CSP) in the Northern Cape Province of South Africa. Developed by Saudi Arabia-based ACWA Power and constructed by EPC SepcoIII, the Redstone CSP plant is expected to supply 2,00,000 households […]

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China Could Add 55-65 GW of Solar Capacity in 2021: China Solar Association

The Solar Manufacturing Association of China predicts that the country can add approximately 55 to 65 GWs of solar capacity in 2021. In a note on thursday, the association said that these additions could take total solar installations of China beyond 300 GW by the end of the year. However, the solar power installation reached […]

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India Planning Bids for 4 GWh of Grid-Scale Battery Storage System

In an attempt to make the country’s electricity green, the Indian government is planning to invite bids for setting up around 4 GWh (4000 MWh) of grid-scale battery storage system at regional load dispatch centres (RLDCs), according to an announcement made by the Minister of Power and New and Renewable Energy, Raj Kumar Singh. The Union […]

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The New EV Marketing Rules of Ola Electric, Revolt Motors & More

India’s pursuit of higher electric vehicle (EV) adoption is finally moving into high gear, as ever larger manufacturing plans and interested players jump in. It is no surprise that the EV sector, by doing away with a lot of the supply side requirements that were needed in the ICE sector, be it specialised manufacturing of […]

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Stagnation in RE Subsidies, Financial Support Needed: IISD-CEEW Report

India’s quest to achieve its goals for “Aatmanirbhar Bharat” and a clean energy transition, part of the economic recovery from COVID-19, is missing a key ingredient: adequate financial support for renewable energy. This is the conclusion reached upon by a new report released by the International Institute for Sustainable Development (IISD) and the Council on […]

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