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energy investments

Russia To Go With Domestically Sourced HJT Modules for Largest Solar Project

Russia, a laggard among major economies when it comes to solar adoption, will be using HJT (Heterojunction) solar panels from domestic firm Hevel Solar for its largest solar plant. Hevel Group with its factory in Novocheboksarsk, Russia produces 340 MW of HJT solar modules per year, after a recent capacity expansion. The firm claims to […]

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The Hydrogen Roadmap to 2030.

Underpinned by a global shift of regulators, investors, and consumers towards decarbonisation, Hydrogen (H2) is receiving unprecedented interest and investments. And a new report developed collaboratively by the Hydrogen Council and McKinsey & Company, has tried to provide an overview of these developments in the hydrogen ecosystem. The report ‘Hydrogen Insights: A Perspective on Hydrogen […]

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Floating Solar On A Growth Path To 2027, Says TMR

Transparency market Research, a market intelligence firm, has predicted a strong 43 percent CAGR growth for floating solar between 2019 and 2027. According to the firm, no large land requirement, decrease in evaporation, and massive power generation are some of the important benefits that will influence the growth of the floating solar panels market. Floating […]

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BCD Announcement This Week? Speculation Reaches Fever Pitch, Again

A report in BusinessLine, quoting sources in the MNRE, has speculated on the possibility of Basic Customs Duty (BCD) on modules and solar cells finally being announced this week. Readers will recall that the announcement was widely expected in the Union Budget in February, but was conspicuously missing. The report quotes its sources as saying […]

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SK Group Closes $1.6 Billion Investment in Plug Power to Advance Hydrogen Strategy

Creation of Hydrogen Business Development Center and investments in core hydrogen businesses support SK’s goal of making sustainable energy solutions a reality for more people SK Group, South Korea’s largest energy provider and third-largest conglomerate, announced today the close of a $1.6 billion investment and strategic partnership with Plug Power Inc., a leading provider of hydrogen fuel cell and […]

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Floating Offshore the Next Frontier in Wind Development in APAC: WoodMac

Floating offshore could be the next frontier in wind power development in the Asia Pacific (APAC), according to Wood Mackenzie.  The analysis finds that a significant market for floating offshore technology is emerging in Asia. With developers in Japan, South Korea and Taiwan having announced plans to develop key demonstration projects, although the scale of […]

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CESL Tenders for 100 MW Solar Power Systems Across Maharashtra

CESL has tendered for setting up 100 MW solar power generating systems (SPGS) across various locations in Maharashtra. Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), has issued a tender, seeking bids from eligible firms for setting up 100 MW solar power generating systems (SPGS) across various locations in […]

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Essar to Commission Rs 300 Cr – 90 MW Solar Plant in Madhya Pradesh

Essar Power will foray into renewable energy, setting up a 90 MW solar plant in Madhya Pradesh at an investment of Rs 300 crore. Essar Power has announced its foray into the renewable energy segment and will be setting up a 90 MW solar plant in Madhya Pradesh at an investment of Rs 300 crore. According to CEO Kush Singh, the […]

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ReNew Power to be Publicly Listed on the Nasdaq, Valued at $8Bn

Sumant Sinha led Renew Power Private Limited, the country’s leading renewable energy generator has started the process to achieve a listing at the NASDAQ market in the US via the SPAC (Special Purpose Acquisition Company) route. As of December 2020, ReNew had a total capacity of close to 10 GW of wind and solar power […]

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