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renewable energy investment

Saudi Power Procurement Firm Issues Tender for 3.7GW PV Projects

Saudi Arabia has issued a tender inviting bids for solar projects under four new PV initiatives.  Together these initiatives will account for solar energy worth 3.7 GW under the National Renewable Energy Programme (NREP). The Saudi tender has been issued by Government-owned entity, Saudi Power Procurement Company (SPPC). The Saudi tender’s RFQ encompasses four projects, […]

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EU’s Grid Infrastructure Needs 200 GW Battery Storage: Report

The Solar Power Europe report on the use of storage in grid, and the importance of developing supportive energy policy talked about several aspects of the grid infrastructure in the European Union (EU).  It underscored the key recommendations for strengthening the EU grid policy to drive transformative changes in the energy landscape for battery storage.  […]

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Swift Current’s 197 MW Castle Gap Wind Project Set Into Motion

Swift Current has announced that it has kickstarted operations of its 197 MW Castle Gap Wind Project established in Central Texas. The project supplies power to retail giant, Target Corporation. Swift Current and Target Corporation have forged a partnership by way of a virtual power purchase agreement. Presently, the wind project is generating enough energy […]

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THDC to Build RE Projects of 3270 MW in Karnataka

Uttarakhand-based government firm THDC India Ltd (THDCIL) has set sights on establishing 3,270 megawatts (MWs) of clean energy projects in Karnataka with emphasis on pumped storage and floating solar in the state. The THDC project in Karnataka is likely to boost the growth of renewable energy in the state also increase the presence of THDC […]

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Masdar To Expand in Saudi with 1.1 GW & Azerbaijan with 500 MW Projects

Led by Abu Dhabi based renewable energy firm, Masdar, EDF Renewables, and Saudi conglomerate Nesma Company have joined hands with the Saudi Power Procurement Company (SPPC) for the development of a solar plant with capacity of 1100 MW. When it is operational, the Al Henakiyah solar power project will supply power to over 190,000 homes […]

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ESG Specialist

Reporting to and working under the supervision of the Chief of Resource Mobilisation (or a designated officer), the ESG Specialist will deliver breakthrough ESG solutions that address ISA’s member country needs — so they can better succeed with their energy transition agenda. This role will empower developers, investors, and donors to build sustainable financial and […]

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World Bank Backs Himachal Power Sector with USD 200mn

The Government of Himachal Pradesh and the World Bank have joined hands for a project valued at USD 200 million to enhance power sector reforms in the state. The project aspires to augment the share of renewable energy (RE) in the power mix of Himachal Pradesh, which has set sights on adding 10,000 MW of […]

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EU Solar Market Faces Challenges From China and US: ESIA Report

The European Union’s (EU) industry association body, the European Solar PV Industry Alliance (ESIA), released a report that evaluates factors that can contribute to the de-risking and scaling up of Europe’s solar PV manufacturing.  The alliance evaluates the factors affecting European industries, aiming to achieve the goal of 30 GW of domestic manufacturing capacity by 2025 and the EU’s […]

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Phase One of SOFAR’s New Smart Factory is Commissioned

SOFAR, the global leading provider of PV & ESS solutions, recently commissioned the first phase of its brand-new manufacturing base in Huizhou, China. With this expansion, the company has significantly expanded its production capacity and intensified its focus on intelligent manufacturing practices. The first phase of new factory spans over 110,000㎡, with a total investment […]

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