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renewable energy power

World’s 1st Solar-Hydro Plant for Longer Duration Energy Storage: ARENA

On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has today announced $15 million in funding to RayGen Resources Pty Ltd (RayGen) to construct its first of a kind ‘solar hydro’ power plant comprising 4 MW of solar PV generation and 3 MW / 50 MWh (17 hours) of dispatchable storage capacity […]

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Clean Energy Investment in Developing Economies a Global Priority: IEA

New report from IEA, in collaboration with World Bank and World Economic Forum, shows concerted international efforts are needed for a sustainable and resilient economic future in developing world The world’s energy and climate future increasingly hinges on whether emerging and developing economies are able to successfully transition to cleaner energy systems, calling for a […]

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Eco Wave Power Joins EU-funded ILIAD Project Worth €17 million

Onshore wave energy technology company Eco Wave Power Global AB has announced its participation in the ILIAD Consortium, which has been awarded €17 million by the European Union (EU) as part of the €1 billion European Green Deal. The Israel-based company has developed an innovative technology that produces clean electricity from ocean and sea waves […]

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GUVNL Notices Stakeholders About Surplus Energy Compensation at Rs 1.99/unit

Gujarat Ujrja Vikas Nigam Ltd. (GUVNL), a wholly-owned state electricity regulation board in the state of Gujarat has recently declared that the simple average of solar tariffs discovered and contracted through competitive bidding process conducted by GUVNL for non-park based solar projects during the period from October 1st, 2020 to March 31, 2021, is Rs […]

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U.K. Poised to Become Net Energy Exporter to Europe in Near Future

Although the UK currently imports around 7% of its electricity from Europe, the tables are going to be turned soon, partly due to the on-going establishment of new links to the continent. Aiming to quadruple offshore wind capacity this decade, the UK could have excess power to send through those transmission lines. Consequently, the UK […]

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Renewables Produce Record 50.7% of Energy in May in Spain

The Red Eléctrica de España (REE), a partly state-owned and public limited corporation which operates the national electricity grid in Spain, recently reported that renewable energy reached an important milestone last month when, for the first time, more than half of the energy produced in the country was of renewable origin. The data supplied by […]

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Charles River & Duke Energy sign VPPA for 250 MW Solar project in Texas

Charles River Laboratories International, Inc. yesterday announced a long-term solar energy contract to address the entirety of the company’s North American electric power requirements with clean, renewable energy by 2023. Charles River and Duke Energy Sustainable Solutions have entered into a 15-year, 102 megawatt (MW) virtual power purchase agreement (VPPA). Charles River’s portion of the […]

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BPCL Floats Tender For 15 MW of Open Access Renewable Power

Oil and Gas major  Bharat Petroleum Corporation Limited (BPCL) has floated a tender for the supply of 15 MW of solar or non-solar Renewable Power under open access to BPCL and its Mumbai Refinery at Mahul. According to the tender document and Power Purchase Agreement (PPA), the scope of work for supplier includes evacuating solar […]

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Bengaluru Airport Becomes Net Energy Neutral, Saves 22 Lakh Units

On World Environment Day, Bangalore International Airport Limited (BIAL) announced that the Kempegowda International Airport, Bengaluru has achieved net energy neutral status in the fiscal year 2020-21. BIAL considers this one of its ambitious goals as it already set the target to become Net Energy Neutral by 2020-21. Even it claims to begin 2021-22 promisingly […]

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