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World Bank says Pakistan must call for 11GW renewable energy bids

Variable Renewable Energy Competitive Bidding Study – a new study by the World Bank – has said that Pakistan will require a call for competitive bidding for over 11 GW of renewable energy solar and wind power plants between the present and 2028. The study stated that this is needed to ensure that the future […]

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RUMSL’s 600 MW Omkareshwar Finally Has Winners- AMP Energy, NHDC nd SJVN

The much awaited tender for 600 MW floating solar (in two phases of 300 MW each) on the Omkareshwar reservoir in Madhya Pradesh has finally seen AMP Energy, NHDC and SJVN winning with bids of Rs 3.21, Rs 3.22 and Rs 3.26/unit respectively. For AMP Energy and SJVN this is the second project win this […]

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Renewable Energy Supply Increases By 15.5 GW: CEEW-CEF

New capacity addition of non-hydro renewable energy increased to 15.5 GW during FY22, according to the latest edition of the CEEW Centre for Energy Finance (CEEW-CEF) market handbook on May 6. Compared to 7.7 GW installed in the previous FY, it is quite an improvement. However, it is a poor consolation given India has the […]

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Energy Vault, Two Others Construct Gravity-Based Energy Storage in China

Energy Vault Holdings announced the groundbreaking for the first EVx deployment for gravity based energy storage system in China. The 100 MWh EVx system is being built adjacent to a wind farm and national grid site in Rudong located outside of Shanghai to augment and balance China’s national energy grid through the delivery of renewable […]

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Germany’s Solarwatt in tie-up to boost household energy self-sufficiency

Germany’s Solarwatt has entered a partnership with home technology and heating specialist Stiebel Eltron to help households escape dependence on fossil fuels, the solar company said on Wednesday. Owners of rooftop photovoltaic (PV) systems can save money and carbon emissions if they store unused electricity in batteries to be used later around the house, to […]

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Tata Power bags EPC Contract For 1000 MW Solar Project From SJVN

State owned renewable energy developer SJVN has awarded the development of a 1000 MW solar power project in Bikaner district of Rajasthan to Tata Power. SJVN has issued a Letter of Award (LoA) for engineering, procurement and construction (EPC) contract to Tata Power Solar Systems Limited. The upcoming 1000 MW solar power project will be […]

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Developing Economies Such As India Can Have Climate Resilient Energy Independence

Developing economies such as India have an enormous opportunity to build energy independence and grow in a climate resilient manner, in the process creating a thriving corporate sector that best leverages these increasingly prominent global financial capital market priorities, and funding capacities, a new report released on Tuesday said. As one of the fastest growing […]

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The Top 5: Upcoming Floating Solar Power Projects in India

From the founding member of International Solar Alliance in 2015 to installing over 50 GW of solar power capacity, India has come a long way in harnessing this renewable form of energy. With some of the biggest upcoming floating solar power projects, India further looks forward to add to its already surging solar capacity. The […]

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