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SECI Floats Tender for 500 MW Solar Projects with ESS

Solar Energy Corporation of India (SECI) has floated a tender for the selection of select renewable energy developers for the supply of 500 MW of power from interstate transmission system (ISTS)-connected renewable energy projects. The projects comes with Energy Storage System (ESS) all over India. The last day for submission of bids is August 31, […]

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Queensland Government Unveils Ambitious Plan to Establish 12 Renewable Energy Zones

The Queensland government announced its initiative to create 12 renewable energy zones (REZs) across the state, as part of a comprehensive $62 billion plan. The goal is to phase out coal power and transition to 80 percent renewable energy within a little over a decade. Recently, the Labor Palaszczuk government released a draft roadmap, Queensland […]

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Danish Renewable Energy Fund CIP Secures EUR 5.6 Billion

Copenhagen Infrastructure Partners (CIP) successfully secured EUR 5.6 billion in capital commitments for their fifth flagship fund, Copenhagen Infrastructure V (CI V), on June 30, 2023. This achievement sets them on course to achieve their goal of raising a fund size of EUR 12 billion (about 13 billion USD), possibly making CI V the world’s […]

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RK Singh Criticises Selected Countries For Putting Trade Barriers

Union Minister For New and Renewable Energy RK Singh has now targeted several countries which allegedly created trade barriers through several means to halt the growth of renewable energy. He said that such interventions often halted the global ambitions of countries to go net-zero. He also said that India too could put similar barriers. He, […]

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Portugal Scales Up PV Target From 9 GW to Over 20 GW By 2030

Keeping up with the trend of countries all over the world expecting, and seeking more from Solar power, Portugal has also enhanced it’s PV targets by over 2X to 20 GW, by 2030. The new targets are driven by a need to accelerate the energy transition, and an extra push from establishing green hydrogen manufacturing […]

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Angola Secures €1.29 Billion Loan for Renewable Mini-Grids and Grid Expansion

Angola’s Ministry of Finance has secured a loan of €1.29 billion ($1.41 billion) through the assistance of Standard Chartered Bank, UK. This funding will be utilized to implement 48 solar photovoltaic (PV) and energy storage mini-grids across various rural areas across Angola. The primary objective of this initiative is to promote self-sufficiency in energy consumption […]

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Avaada Group Successfully Pockets INR 10,700 Cr as Funding

Avaada Group, an integrated energy platform, has announced the successful closure of INR 10,700 crore ($1.3 billion) funding round. The firm says this marks a historic moment for the green energy industry in Asia and India’s renewable energy sector as this funding round is the largest equity round ever raised by any green energy company […]

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Amara Raja Wins 100 MW Solar Project in Bangladesh Valued at $130 Mn

An arm of Amara Raja Group, Amara Raja Infra Private Limited (ARIPL), has won a 100 MW solar power project in Bangladesh. The value of the project is pegged at $130 million. As per the contract, the firm will look into the Engineering, Design, Supply, Installation, and Commissioning of the project, which is to be […]

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