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Goldman Sachs Says ‘Hydrogen Generation’ Can Be A Trillion Dollar Market

Goldman Sachs – major banker and think tank – says that hydrogen has a key role to play in the transition to net-zero carbon emission scenario and that hydrogen production has the potential to create a niche market worth more than $1 trillion every year. In a recent media interaction, Goldman Sachs’ commodity equity business […]

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16 Megawatt Offshore Wind Turbine to Come Up in China

Chinese domination in the renewable energy sector continues with the latest announcement of wind turbine manufacturer MingYang Smart Energy’s plans to deploy two giant wind turbines, with 16 megawatts (MW) capacity each, in the South China Sea. Sources say that the installation will take place at the MingYang Yangjiang Qingzhou Four offshore wind farm. According […]

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$1.5 B Solar Desalination Plant Proposed in Egypt, reports Bloomberg

The UAE’s Metito Holdings Ltd., Scatec and Orascom Construction are in talks with Egypt on a $1.5bn renewables-powered desalination plant, as the most populous Arab nation moves to address looming water shortages, according to Bloomberg. The three-company consortium is in discussions with Egypt’s sovereign wealth fund to partner on the project that would follow a […]

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Macquarie Asset Mgmt Makes £275 M Debt Invt in UK Solar Portfolio

Macquarie Asset Management has announced that it is the sole lender in a £275 million refinancing of a portfolio of solar power plants in the United Kingdom owned by Vantage Solar UK. The 365 MW portfolio is comprised of 24 ground-mounted solar photovoltaic plants located across England and Wales, and aligns with the European Union’s […]

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ACEN Powers Up Philippines 1st Hybrid Solar-Storage Plant

ACEN, the listed energy platform of the Ayala Group, has switched on the first hybrid solar and energy storage project of the Philippines. The pilot 40 MW energy storage project located in Alaminos, Laguna, will allow the company to evaluate opportunities to store energy more effectively across the portfolio of ACEN, with the aim to […]

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Senior Electrical Engineer – Product Design

Responsibilities:- Develop electrical design of Fluence battery system products from conceptual stage to final design, testing, and manufacturing while meeting difficult requirements for size, environmental conditions, maintainability, reliability, long lifetime, and cost. Define design, construction, operation and maintenance goals for products. Acquire in-depth knowledge of industry standards related to safe battery storage system design, including […]

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Consultancy Tender Issued for Solar Plant at Embassy of India, Brasilia

The President of India, acting through the Embassy of India in Brasilia, Brazil, has invited proposals from eligible contractors for the installation of a solar energy system in the Chancery Complex of the Embassy on a turnkey/design and build basis. The last date to submit sealed bids is is March 14, 2022, till 5 PM. […]

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CERC Notifies Draft Regulations 2022 for Issuance of RECs

The Central Electricity Regulatory Commission (CERC) has notified Draft Regulations, 2022, for the issuance of renewable energy certificates (RECs), which are aimed at developing the renewable power market. CERC has invited comments, suggestions, and objections from the relevant stakeholders and interested persons with respect to the Draft Regulations. The responses are to be sent on […]

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Siemens, Desert Technologies form ‘Capton Energy’ to develop solar projects

To provide a major boost to the ongoing energy transition, Saudi Arabia based solar power company Desert Technologies and Siemens have launched a joint venture (JV) called Capton Energy. The announcement has revealed that the novel joint venture will be jointly owned by financing arm of Siemens called Siemens Financial Services (SFS) and the Saudi Arabian company. […]

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