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renewable energy sources

ReNew Bags 50 MW Hybrid Deal In Corporate PPA With DCM Shriram

DCM Shriram Ltd. (DCM Shriram), a leading business conglomerate with a group turnover of Rs 9,849 crore, and ReNew Power, have  announced the signing of two Captive Power Agreements (CPAs) that will see 50 MW of renewable energy supplied from ReNew’s two upcoming projects in Bhavnagar, Gujarat, to DCM Shriram’s Chlor-Alkali manufacturing facility in Bharuch […]

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US Community Solar Sector Market Forecast To Grow By 2027: Wood Mackenzie

Wood Mackenzie has revealed in its new research that the American community solar market will continue to grow over the next five years, with at least 7 GWdc of community solar expected to come online between 2022-2027. The research by Wood Mackenzie in collaboration with the Coalition for Community Solar Access (CCSA), has said that […]

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Setting Up a Battery Manufacturing Plant: The Factors That Matter

Battery manufacturing is one of the fastest-growing industries worldwide. A decade ago, consumers used batteries for their laptops, phones and other gadgets. Today, these energy storage devices are powering cars, medical equipment and even houses. New plants for battery production are popping up as a result. But in this realm of a gradual shift towards […]

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Tata Green Switch Project Provides Access to Green Electricity in Jharkhand

The primary provider of financial services for the Tata Group, Tata Capital has developed and launched the “Green Switch Project,” a CSR initiative. The distant areas of Jharkhand’s Simdega district will receive consistent and uninterrupted green electricity through this initiative. Under this Green Switch project, Tata Capital will provide clean home power to far-flung tribal […]

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APTEL Provides Relief To CSP Developers On Force Majeure Grounds

In an important judgement that will hopefully close the chapter on a festering dispute, the Appellate Tribunal for Electricity (APTEL) has allowed multiple developers stuck with Concentrated Solar Thermal (CSP) projects to get relief from liabilities, caused due to lower DNI (Direct Natural Irradiance) than they had assumed when bidding. The developers impacted include Godavari […]

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Unigel Builds First Industrial-Scale Green Hydrogen Plant in Brazil

Chemical conglomerate and multinational Unigel has announced that it has installed the first industrial scale green hydrogen plant in Brazil. Unigel has invested a total of $120 million in the development of the production site for green hydrogen that relies on the Thyssenkrupp Nucera technology which it calls to be world-leading. Unigel will start production […]

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Cypress Creek Acquires 400 MW Storage From Black Mountain  

USA-based renewable energy player Cypress Creek Renewables has added 400MW/600MWh to its storage portfolio after acquiring four Texas standalone energy storage projects from Black Mountain Energy Storage (BMES). The projects, each 100MW, are located throughout the Electric Reliability Council of Texas (ERCOT) market and are currently under development. Cypress Creek said that it will continue […]

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Saudi Arabia Looks To Double RE Capacity Through Tenders

The Kingdom of Saudi Arabia is mulling to double the renewable energy tenders this year and give a fillip to the clean electricity availability. According to reports, the country will continue the spree in 2023 for faster development in the solar power and wind farm projects. The Energy Minister Saudi Arabia has an online capacity […]

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EDP To Add Battery Storage To Floating Hydro-Solar Hybrid Plant In Portugal

Hybrid renewable energy projects are on the rise the world over and in the latest addition to this expansion is the combination of a hydropower and floating solar power in Portugal. The Portuguese utility firm Energias de Portugal (EDP), which has developed the hybrid project, has announced that it will add an energy storage system […]

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