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In NTPCs 30 GW Solar Plan, A Move To Maintain Control Over Indias Solar Targets

NTPCs audacious Rs 2.01/Kwh bid at an auction where Saudi Arabias Aljomaih Energy and Water Company and Singapores Sembcorp Industries bid at Rs 2 might just signal the next phase of the national power generators biggest shift yet. To Renewable Energy. When NTPC won 470 mw of solar development rights for itself at Rs 2, []

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763.47 MW Added in November, Indias Total RE Capacity Surpasses 90 GW

Indias renewable energy (RE) capacity has surpassed the 90 GW mark, with 763.47 MW of new capacity added during the penultimate month of 2020. The Ministry of New and Renewable Energy (MNRE) has issued a monthly summary for the Cabinet for the month of November 2020, detailing all the events and development that took place []

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Gas is Natural Partner of the World in Recovery: GECF

Natural gas embodies all the attributes required to achieve the multidimensional challenges of environmental protection, energy access, and affordability in a world stepping onto the road of recovery, the Gas Exporting Countries Forum Secretary General Yury Sentyurin said today at the 7th IEF-IGU Ministerial Gas Forum, hosted virtually by the Government of Malaysia. As the []

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Key Factors Behind Indias Record Low Solar Tariff of Rs 2/kWh: IEEFA

In the recent SECI auction, India set a new record low solar tariff of Rs 2/kWh, IEEFA takes a look at the key factors behind it. In the recent Solar Energy Corporation of India (SECI) auction which was concluded on November 23, 2020, India set a new record low tariff for solar projects at Rs []

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Solar Tariffs Drop to Record Low of Rs 2/kWh in SECIs 1070 MW Tender

The latest auction by SECI has seen solar power tariffs drop to a new record low of Rs 2 per kWh in the Indian solar segment. The latest auction by the Solar Energy Corporation of India (SECI) has seen solar tariffs drop to a new record low in the Indian solar segment. SECIs auction for []

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ACWA Power Announces Financial Close for 900 MW PhV of MBR Solar Park

ACWA Power has completed the signing of all financing agreements of the 900 MW fifth phase of the Mohammed bin Rashid Al Maktoum (MBR) Solar Park in Dubai. ACWA Power, a leading Saudi Arabian developer, investor and operator of power generation plants, has announced that it has completed the signing of all financing agreements of the []

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Schneider Electric Acquires Electrical & Automation Business of L&T

Larsen & Toubro (L&T) has successfully completed the strategic divestment of its Electrical & Automation business to Schneider Electric One of Indias leading engineering, technology, construction and financial services conglomerates Larsen & Toubro (L&T) has announced that it has successfully completed the strategic divestment of its Electrical & Automation (L&T E&A) business to Schneider []

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The Green Hydrogen Wave, And Its Implications for Renewable Energy

A report this week from Wood Mackenzie says green hydrogen costs will fall by up to 64% by 2040. Those numbers are broadly in line with what many other experts have been predicting, though many have predicted competitiveness as early as 2030. However, seen another way, those numbers simply show just how far green hydrogen []

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Saipem to Co-Develop 450 MW Offshore Wind Farm in Italy

Saipem has announced the signing of an MoU with AGNES and QINTX to co-develop a 450 MW offshore wind farm in the Adriatic Sea off the coast of Italy. Saipem has announced the signing of a Memorandum of Understanding (MoU) with AGNES, a company that develops renewable energy projects in the Adriatic Sea, and QINTX, []

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