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renewable energy investment

As Bangladesh’s Textile Sector Makes Green Switch, Lessons For India’s Export Giants Too

Bangladesh has been a laggard when it comes to Grid-scale solar adaptation, historically. The country, which also imports power from India, faces a challenge when it comes to energy, with a reliance on natural gas besides thermal power from India. However, there have been clear signs of acceleration in its solar installation drive recently. At […]

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Dubai Opens 5th Phase of the Mohammed bin Rashid Al Maktoum Solar Park

Dubai has inaugurated the fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park, the world’s largest single-site solar park with a planned capacity of 5GW by 2030, as part of its renewable energy push. The fifth phase of the solar park was completed ahead of the scheduled opening date of December 2023, despite […]

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Poor Policy Shackling Pakistan’s Solar Potential: IEEFA

Innovating Pakistan’s power purchase agreements (PPA) for renewable projects, and offering price stability to de-risk the market, are crucial to restore investor confidence, according to a new report authored by Haneea Isaad, an Energy Finance Analyst at the Institute for Energy Economics and Financial Analysis (IEEFA). The new report analysed the efficacy of incentives available […]

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DNV Survey Puts Solar plus Storage At Centre OF Future Efficiency, Resilience

Accelerating solar-plus-storage in the next five years will be important for boosting the efficiency and resilience of global energy networks, according to 92% of energy industry professionals. The finding is from DNV’s Industry Insights research, which surveyed global energy industry professionals on their outlook, expectations and priorities for the year ahead. Frequently referred to as the ‘power […]

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Indian Investor, Others Help Australian Battery Startup Sicona To Raise AU$22m Funds 

Australian battery startup Sicona Battery Technologies (Sicona) has now announced raising AU $22 million in Series A funding, which will be used to further the company’s development plans in Australia and the United States. The $22 million investment was led by India’s Himadri Speciality Chemical Ltd, leading Australian venture capital investor Artesian, and Electrification & […]

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The Top 5: Indian Steel Makers And Their Green Plans

India stands tall among the world’s leading steel-producing nations. Thanks to rapid infrastructure development, steel demand has soared, making the Indian steel industry a crucial player in the global market. However, as the world grapples with environmental challenges and the need for sustainable practices, India’s steel producers are stepping up with their green plans to […]

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RE Projects With No PPAs, Made For Power Exchanges- CFD could Make It Possible

In an announcement that could potentially change the landscape of renewable energy projects, the way they are procured and the flexibility, freedom enjoyed by developers and generators in the industry, new renewable energy projects can now be sold on power exchanges exclusively. Traders and project developers will interact directly for contracting supplies from these projects. […]

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Croatia Sets the Ball Rolling for its First Agrisolar Power Plant

Croatia is set to welcome its first agrisolar power plant, which will be developed by Croatian solar developer, Solida. The construction of the facility with 15 Mwp capacity has begun. The firm has set sights on building only agrisolar plants. For Solida, this will be its largest facility thus far. EUR 10 million Investment The […]

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Faster RE Deployment In West Africa Could Save Millions By 2030-Wärtsilä Study

Speaking last week at the West Africa Energy Transition Forum in Dakar in the presence of key energy decision-makers, experts from Wärtsilä shared insights on the impact renewables will have on power system cost, flexibility, and stability in West Africa. They presented the results of their latest study which investigates Senegal’s optimal power system expansion. […]

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