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Response to MSEDCL And RUMSL Tenders Indicates Resilience In Solar Market

Two recent tenders, by the Maharashtra State Electricity Distribution Company Limited  (MSEDCL) for 500 MW of Wind-Solar Hybrid power, and another one by Madhya Pradeshs RUMSL Agar Solar Park for 550 MW, have thrown up some pleasant surprises. Contrary to fears expressed by some Industry insiders we had spoken to last month, where they were []

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ISGF Report Supports Interlinking of Grids in GCC, SAARC & ASEAN area

A new report entitled Interconnection of Regional Grids of ASEAN, SAARC/BIMSTEC and GCC Regions, released by India Smart Grid Forum (ISGF), argues that myriad benefits are to be gained from interconnecting smaller power systems  the GCC, SAARC/BIMSTEC and ASEAN region in particular to form a large power pool or regional grid in terms of []

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Global Wind Market Expansion Needs 5 L Trained Workers: GWEC Report

A new report released today by the Global Wind Energy Council (GWEC) and Global Wind Organisation (GWO) in partnership with the Renewables Consulting Group (RCG) finds that the global wind industry will need to train upwards of 480,000 more people to GWO standards over the next five years to meet global wind power market demand []

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Is Oil Miracle Middle East Now Seeking to Become a Hydrogen Capital?

In the wake of hydrogen, especially green hydrogen (produced through electrolysis using renewable energy), being posited as an ideal alternative to fossil fuels for producing electricity, the oil powerhouse Middle East has set out to become a major producer of the new clean fuelgreen H2. Many oil-dependent economies within the OPEC (Organization of the Petroleum []

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Members to Expand Cross-border Interconnections as Shares of Renewables Grow: IRENA

According to IRENAs World Energy Transitions Outlook, to achieve climate goals, global electricity generation must expand three-fold by 2050, making grid flexibility exceptionally important as countries race to reduce emissions. Cross-border interconnection represents one of the key solutions to dealing with the variability of renewable power and grid stability issues. This topic was the focus []

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Total Eren Secures Financing for 100 MW Solar Project in Uzbekistan

Total Eren has successfully signed the financing documentation for its solar photovoltaic project Tutly with 100 MWac capacity in Uzbekistan Total Eren, a leading renewable energy Independent Power Producer (IPP) based in Paris, has announced that it has successfully signed the financing documentation related to its solar photovoltaic (PV) project Tutly with 100 MWac capacity.  []

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ACWA Power to Develop 1.5 GW Wind Project in Central Asia

ACWA Power has signed an implementation agreement for the development, construction & operation of a 1.5 GW wind power project in Uzbekistan. ACWA Power, a leading Saudi developer, investor and operator of power generation and desalinated water plants in 13 countries, signed an implementation agreement with the Ministry of Investments & Foreign Trade and the []

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SHV Energy Acquires Majority Stake in Indian C&I Solar Firm SunSource

SHV Energy will invest in SunSource Energy, a leading provider of distributed energy for C&I customers in India SHV Energy has announced that it will invest in SunSource Energy, a leading provider of distributed energy for commercial and industrial (C&I) customers in India with a presence across South-East Asia.  SHV Energys acquired majority stake is []

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Chinese Consortium to Invest and Finance 1.1 GW Solar Farm in Brazil

The consortium of CDIL & CMEC have entered into a development agreement for the EPC and financing of a 1.1 GW solar project in Brazil The consortium of China Development Integration Limited (CDIL) and China Machinery Engineering Corporation (CMEC) has announced that they have entered into a development agreement in relation to the EPC+F (engineering, []

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