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renewables

NREL Confirms Spike In Solar and Storage Costs In US

The  National Renewable Energy Laboratory (NREL), the premier government entity tasked with tracking and projecting impact of technology changes in the renewables space, has come out with its annual benchmarking report on prices. And the findings are no surprise, to those who have been in the market. Using 2021 prices, NREL estimates that utility-scale PV […]

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L&T Picks LONGi for Saudi Projects With 1292 MW Module Order

L&T has picked Chinese major LONGi to provide 1292MW of PV modules for two solar projects under construction in Saudi Arabia. LONGi VP Dennis She and A. Ravindran, Senior Vice President and Head of the Renewables Strategic Business Group at L&T, jointly signed the agreement, involving two Saudi Arabian projects for which L&T is acting […]

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India’s Policy Framework For Low-Carbon Electricity Generation

India recently submitted its Long-term Low-Carbon Development strategy to the requirements of the Paris Agreement. The South Asian country aims to go carbon-neutral by 2070, requiring adopting new technological developments while taking care of all the associated risks. For this, the Policy framework that the country adopts will matter the most in its transition to […]

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US Solar Output Increases by 26% in First Nine Months of 2022 Y-o-Y

According to the latest report from the country’s Energy Information Administration (EIA), solar PV generation increased in the US during the first nine months of the year by 26.1% compared to the same period last year. According to information from its publication “Electric Power Monthly,” solar PV generated 21.02% more electricity in September 2022 than […]

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The Top 5: Why Data Centres Are A Favourite To Shift To Renewable Energy

Whenever you use the internet, you’re connecting to one of the millions of servers distributed across hundreds of data centres located worldwide. Yes, these are the ‘cloud’ servers every digital user today is familiar with. While they are crucial for tech giants, people may not realise that these centres, with their extensive security requirements, and […]

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NTPC Floats Tender for Supply of Battery Energy Storage System at Khavda RE Park

NTPC Renewable Energy Limited (NTPC REL) has invited online bids from eligible bidders on a Single Stage Two Envelope basis for a battery energy storage system (BESS) for solar PV-based construction power at NTPC Renewables Khavda RE park, Rann of Kutch, Gujarat. The last date for submitting the bid of this NTPC BOS tender is […]

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Ministry of Power Launches Scheme for Procurement of Aggregate Power of 4500 MW

The Ministry of Power has launched a scheme for procurement of aggregate power of 4500 MW on competitive basis or five years on Finance, Own and Operate (FOO) basis under B (v) of Shakti policy. PFC Consulting Limited (a wholly owned subsidiary of PFC Ltd) has been designated as the nodal agency by the Ministry […]

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Indonesia Mulls Over Six-Month Plan to Accelerate Pvt Investment in RE

Indonesia is now bullish on a national plan with regards to renewable energy. The country is looking to accomplish the plan in six months manifesting investments that will expedite the country’s transition to renewable energy from fossil fuel-based power supply. As per reports, the new plan is part of the $20 billion Just Energy Transition […]

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Renewable Power Capital, Eelpower Form JV for 1 GW Storage In UK

Renewable Power Capital (RPC), a pan-European renewable energy investment platform backed by CPP Investments, has announced that it has entered into the battery storage market in Great Britain, in partnership with Eelpower, the UK specialist battery storage company. The official statement by RPC held that the new joint venture will acquire, build and operate utility-scale […]

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