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renewable energy

NREL Study Forecasts Significant Decline in BESS Costs by 2030

The long-term lithium-ion battery energy storage system (BESS) costs could halve over this decade, as per the Cost Projections for Utility-Scale Battery Storage: 2023 Update report by US National Renewable Energy Laboratory (NREL). The report forecasts the future capital expenditure (capex) costs of Battery Energy Storage Systems (BESS) from 2022 to 2050. It specifically focuses []

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Ethiopia & China Establish Joint Research Centre to Spur RE Development in Ethiopia

China and Ethiopia have launched a joint research and extension centre supported by the United Nations Development Programme (UNDP) to fast-track renewable energy development in Ethiopia, a country situated in the Horn of Africa. The Joint Research and Extension Center is expected to serve as a research, training and demonstration platform to enhance the capacity []

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Statkraft Secures German Contract for Solar & Battery Storage

Statkraft, a Norwegian renewable energy provider, has secured a contract from the Federal Network Agency, the German regulatory authority, to construct a solar power plant coupled with battery storage in Zerbst, Germany. This opportunity emerged following the authoritys announcement of tenders in May 2023. The tenders targeted a combined total capacity of 400 MW. Statkrafts []

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Tata Power Issues Tender for 225 MW Solar-Wind Hybrid Projects

Tata Power Company Limited has issued a tender for the supply of 225 MW wind-solar hybrid power. This will be on long term basis via competitive bidding. The selected bidder will be responsible for the development and procurement of 225 MW grid connected intrastate and interstate wind-solar hybrid power projects with a greenshoe option of []

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Europes Nuclear Regret: Sweden Moves To Redress The Nuclear Exit

Sweden, over four decades after deciding to phase out nuclear power, is now considering the construction of additional nuclear reactors. This shift comes as the countrys parliament officially abandoned its goal of achieving 100 per cent renewable energy to reach net-zero emissions by 2045. Sweden recently revised its net-zero targets to focus on achieving 100 []

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Solar PV Inverter Firm GoodWe Showcases Offerings at Customer Meet in Lucknow

A manufacturer and innovator of solar inverters, energy storage solutions and PV building materials for residential and business markets, GoodWe has chosen a new destination for its ongoing customer meet- The City of Nawabs Lucknow. The event was supported by Evervolt Green Energy Pvt Ltd. RE Targets for Lucknow Lucknow is actively embracing renewable []

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JREDA Issues Tender For 12-MW Grid-Connected Solar Rooftop Project

The Jharkhand Renewable Energy Development Agency (JREDA) has now issued a tender for developing 12 Megawatt (MW) of grid-connected rooftop solar projects. These projects are said to be installed in Giridih, one of the identified solar cities of Jharkhand. As per the details of the tender documents, the bidding process for the rooftop scheme for []

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Saudi Arabia Successfully Completes its First Electric Air Taxi Test Flight

NEOM, a region in northwest Saudi Arabia, and Volocopter, the German air mobility company, have announced the successful completion of a series of air taxi test flights. This marks the first time an eVTOL (electric vertical takeoff and landing) aircraft has received special flight authorization and performed test flights in the Kingdom of Saudi Arabia. []

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SECI Announces NIT for 800 MW RTC Power For Haryana

SECI (Solar Energy Corporation of India) has revealed its intention for the procurement of RTC power (Round-the-Clock) from renewable energy projects for an aggregate capacity of 800 MW, meant primarily for Haryana discoms. The projects will be set up on Build Own Operate (B-O-O) basis. Towards this, SECI shall enter into a Power Purchase Agreement []

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