SUBSCRIBE NEWS LETTER

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IEX Announces Resumption of REC Trading From Nov 24

The Indian Energy Exchange (IEX) has announce the resumption in the trading of Renewable Energy Certificates (REC) with effect from Wednesday 24 November 2021, after a gap of almost 16 months. The last REC trade session took place in June 2020. The trade has been resumed in line with APTEL’s recent order dated 09.11.2021 and […]

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IOC Floats Global Tender to Set Up Green H2 Units at Mathura & Panipat

The Indian Oil Corporation (IOC), ranked 212th on the Fortune Global 500 list of the world’s biggest corporations as of 2021, has released a global tender to set up green hydrogen generation units at Mathura and Panipat — two of its big refineries in North India. The deadline for interested applicants to submit their bids […]

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S Korea to Push Hydrogen Ammonia Pwr Gen Project, Replace Coal, LNG

The Korean government will promote the commercialisation of hydrogen and ammonia co-firing power generation to replace coal and liquefied natural gas power generation. The government is planning to significantly reduce greenhouse gas emissions by commercialising ammonia co-firing power plant by 2030 (20 per cent) and hydrogen by 2025 (more than 30 per cent). The Ministry of Trade, […]

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Rio Tinto Invests in InoBat to Support Battery Ecosystem in Europe

UK-headquartered mining firm Rio Tinto is investing in Inobat Auto, a battery technology and manufacturing company, to support the development of a battery ecosystem in Europe. This investment will support the completion of InoBat’s research and development centre and pilot battery line in Voderady, Slovakia. It follows a Memorandum of Understanding signed in May, outlining an […]

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Fortescue Races Ahead With Electrolyser Manufacturing Plans In Australia

Fortescue Future Industries which is building what it claims will be the world’s biggest plant for green hydrogen electrolysers, has confirmed approvals for the same within a month from the Queensland, Australia government. The  Andrew Forrest owned Fortescue may also include a gigawatt scale solar module factory and other production facilities. The facility will have […]

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US Court Exempts Bifacial Module Imports From Tariffs, in Win For SEIA

The US developer driven Solar group, Solar Energy Industries Association (SEIA) has managed to successfully petition the U.S. Court of International Trade (CIT) to reinstate bifacial solar modules’ exemption from the Section 201 tariffs on imported solar modules. The move is a big win for the SEIA which was also joined by major utility developers […]

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Taiwanese Firm Delta Selected for DJSI “World Index” for 11th Yr in a Row

Taiwanese electronics manufacturing company Delta Electronics has been selected for the DJSI World for the eleventh consecutive year and the DJSI-Emerging Markets for the ninth consecutive year in the evaluation of the 2021 Dow Jones Sustainability Indices (DJSI), an indicator of global corporate competitiveness, said the firm in its latest statement. “This year, Delta achieved […]

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UK Climate Investments, Norfund Invest in South African Wind Portfolio

Macquarie-managed UK Climate Investments (UKCI) and Norfund are financing a joint venture between H1 Holdings and Pele Green Energy to fund their 40% equity participation in a 700 MW portfolio of onshore wind farms. Both partners will invest alongside Enel Green Power in one of South Africa’s largest renewable energy equity deals valued at around […]

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Sungrow Bags Largest BESS Project In South East Asia

Leading inverter solution supplier Sungrow is working with Super Energy, a leading renewable energy provider in South East Asia to build Southeast Asian largest battery energy storage system (BESS) project. Sungrow will supply the comprehensive PV plus BESS solution, comprising of 49.01 MW PV inverter solutions and 45 MW/136.24 MWh battery energy storage system. This project […]

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