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Annual Global Investment in Energy Transition Tech Touched Record Level of US$ 1.1 Trillion in 2022

Deloitte’s recent report on India’s energy transition pathway, highlights three pillars of the energy transition pathway. The report mentions three important components in energy transition: grid decarbonisation, industrial decarbonisation, and transport transition. Investments in Energy Transition In 2022, annual global investment in energy transition technologies touched a record level of US$ 1.1 trillion, witnessing a 31 […]

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German 400 MW Solar Plus Storage Tender Sees Oversubscription

Germany has concluded its latest round of the 400 MW solar tender that comes with storage. The Federal Network Agency shortlisted 408 MW worth of projects. Interestingly, this round of the innovation tender attracted unprecedented interest from the bidders. The round saw a total of 53 bids with a cumulative capacity of 779 MW. Of […]

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Powergrid Emerges Successful Bidder for 2500 MW Transmission Project

India’s largest electricity transmission company  Power Grid Corporation of India Limited, has emerged as the successful bidder under tariff based competitive bidding, for the acquisition of Ananthpuram Kurnool Transmission Limited to establish transmission scheme for solar energy zone in Ananthpuram (Ananthapur) (2500 MW). It has also bagged Kurnool (1000 MW) project in Andhra Pradesh. The […]

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NHPC Issues Tender for EPC, O&M of 40 MW Solar Project in Odisha

NHPC has issued a tender and invited online bids through domestic competitive bidding in single stage-two part bidding basis (i.e.part-I:QR+technical-bid and part-II: financial bid) with e-reverse auction (e-RA) by NHPC Ltd.for “Engineering Procurement and Construction (EPC) contract for development of 40 MW capacity solar power project and associated 220 KV transmission line for connectivity at […]

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RUMSL Issues Tender for 750 MW Wind-Solar Hybrid Power Projects

Rewa Ultra Mega Solar Limited (RUMSL) has issued a tender for the development of 750 MW wind-solar hybrid power projects in Madhya Pradesh. This project will be on a BOO basis (Build Own Operate) basis. Developers may also add storage capacity. The last date for submission of bids is November 17, 2023. Bids open on […]

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Solar Panel Recycling Market Size Worth $477.74 Million By 2032: Polaris

Polaris has released its market report on the status of the global solar panels recycling market. The report is entitled, “Solar Panel Recycling Market Share, Size, Trends, Industry Analysis Report, By Type (Silicon, Monocrystalline, Polycrystalline, Thin-film); By Process; By Shelf Life; By Region; Segment Forecast, 2023-2032”. It gives an insight into the current market and […]

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Canada’s Brookfield Asset Management Adds $845 Mn for JV with Axis Energy

Canadian investor in renewable energy, Brookfield Asset Management has announced a second joint venture with Telangana-headquartered clean energy firm, Axis Energy Ventures. Brookfield Asset Management will invest worth $845 million in solar and wind energy projects of the Indian firm. The investment is being made from the Brookfield Global Transition Fund II to accelerate countrywide […]

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KSB Ltd Pockets Order for 800 Solar Water Pumping Systems from UP Govt

Pune-headquartered firm, KSB Limited, which delves into the commissioning, inspection, servicing and maintenance of pumps, has received a letter of award for 800 solar water pumping systems under PM-Kusum III Scheme under Component B. The value of the order is pegged at INR 27.78 crores and been awarded by the Department of Agriculture, Uttar Pradesh. […]

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Solar Refrigeration Enabled By Carbon Credits In Nigeria

CarbonClear, a pioneering data-driven carbon credit standard, has announced a strategic partnership with Koolboks, a Nigerian company specializing in the design and manufacturing of solar-powered refrigerators. These innovative refrigeration units are engineered to be portable, robust, and energy-efficient, making them an ideal solution for regions with limited or unreliable access to electricity. They are particularly […]

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