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renewable energy

NTPC, ONGC To Focus On Offshore Wind Energy Developments ?

News reports have quoted state-owned National Thermal Power Corporation Ltd (NTPC) and the Oil and Natural Gas Corporation Limited (ONGC)  joining together for the development of offshore wind energy in the country. For ONGC, the national oil explorer, any tie-up is considered  relevant as power generation has not been its forte, and offshore wind offers []

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Mainstream Renewable Power Closes Financing for Chilean Solar-Wind Farm

Global wind and solar company Mainstream Renewable Power has achieved financial close for the third and final phase of its Andes Renovables wind and solar platform in Chile. The  US$182 million in debt raised will be used to build the Copihue phase which consists of one wind farm, named Camán, located in central Chile. The []

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US Researchers Develop Hydrogen Energy Storage Evaluation Tool

Researchers at Pacific Northwest National Laboratory (PNNL) have developed a valuation tool that analyzes different energy storage technologies as part of an integrated and increasingly decarbonized energy system. Hydrogen energy storage is the latest addition to the modelling suite, and it brings a unique capability to the tool. The Energy Storage Evaluation Tool (ESET) is []

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Researchers Create 68.9%-efficient PV Cell for Laser energy Transmission

At the recently held 48th IEEE Photovoltaic Specialists Conference, researchers from the Fraunhofer Institute for Solar Energy Systems ISE presented their achievement of a record conversion efficiency of 68.9% for a photovoltaic cell under monochromatic laser light. The scientists at Fraunhofer ISE claimed the success, explaining that it was made possible with a special thin []

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Russian Yandex Signs 5-year Wind PPA with Finnish Ilmatar Energy

Yandex, a Russian internet company, has signed a 5-year power purchase agreement (PPA) for wind energy with Finnish renewable energy company Ilmatar Energy. Under the contract, Yandex will source renewable electricity from wind farms operated by Ilmatar to cover 100% of the energy needs for the companys Mäntsälä data center in Finland. Delivery of renewable []

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Crossover Energy Partners Teams Up with KKR for Clean Energy Projects

Crossover Energy Partners works exclusively as the energy transition solutions partner for KKR. Yesterday the firm that supports renewable energy projects, has announced an exclusive partnership with the leading global investment firm, KKR. Working as the exclusive energy transition solutions partner for KKR, Crossover will oversee the origination, development, financing, construction, and long-term operation of []

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NTPC Concall- Spotlight On Aggressive Renewables Plans

NTPCs revised 60 GW renewable energy plan by FY32 was just one of the many interesting announcements and information pieces shared by the groups Director (finance) A.K. Gautam at the online conference call with analysts following Q4 results. We bring you some of its highlights. Gautam added that 2884 MW of solar projects including ongoing []

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LNJ Bhilwara Group Forays into Energy Storage Segment

The Rs 7300 crore turnover  LNJ Bhilwara Group, today announced its entry into the lithium-ion battery business through its private promoter entities. The group has entered into a joint venture with ReplusEngitech Pvt Ltd, a Pune-based company pioneering advanced energy storage products and solutions to establish a 1GWh plant for Lithium-Ion Battery Modules & Packs, []

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