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Kerala Electricity Board Awards Hero Future Energies 10-MW Battery Storage Project

Delhi-based renewable energy developer and the renewable arm of the Hero Group, Hero Future Energies (HFE), claimed last week that it has “emerged as a successful bidder” in the tender floated by the Kerala State Electricity Board (KSEB). The tender was for the construction of a 10 MW grid-connected energy storage plant in the state. […]

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AP Identifies 29 Locations For 33 GW PSP Projects

Andhra Pradesh has identified about 29 locations across the state for development of Pumped Hydro Storage Projects (PSP) totaling the capacity of 33 GW in 1.45 lakh acres of land in Kadapa, Kurnool, Anantapur districts. Rolling out the PSP projects, Non-Conventional Energy Development Corporation of Andhra Pradesh Limited will help lease around 5 lakh acres […]

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India’s RE May Fall Short Of 2030 Target By 104 GW: GlobalData

A new report has predicted that current growth trend of renewable energy production may pull India 104 GW short of the 2030 renewables target. 2030 RE target requires India, according to GlobalData, to add more than 38 GW of renewable capacity every year from 2022 to 2030. Ironically, Central Electricity Authority has predicted that India […]

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Gujarat Allots 6000 Ha Land For Renewable Energy Park In Banaskantha

In a key decision, the state government of Gujarat has decided to make an allotment of more than 6,000 hectares of land for the development of a mega size renewable energy park. The large RE facility will come up in Banaskantha district that lies in the Rann of Kutch. This is one of the largest […]

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US And Australia Ink New RE Pact To Break China’s Stranglehold

The US has inked a pact with Australia to break China’s stranglehold on clean energy technology supplies, according to a news report published. Addressing a joint press conference, US Energy Secretary, Jennifer Granholm, and the Australian Climate Change and Energy Minister, Chris Bowen, announced a “net-zero technology acceleration partnership” that places a premium on improving […]

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Syngene Announces Acquisition of 26% Stake in Ampyr

The corporate sector is bullish about investments in the renewable sector reasoned by the availability of cheap power and compulsions under ESG ambitions. In a latest development, Syngene International has revealed that it is looking to acquire up to 26 per cent equity stake in Ampyr Renewable Energy Resources Eleven, which is a SPV formed […]

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Brazil Opens Up Lithium Market, Has Potential To Become World Leader

The Brazilian government has recently issued an executive order relaxing the rules on Lithium exports and has the potential to become a global leader in the Lithium market. At present, Brazil accounts for only 1.5% of the global production of Lithium as currently only two companies are operational in the region- CBL and AMG Brasil. […]

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NMDC Looking To Invest In Renewable Energy Sources

Mining major National Mineral Development Corporation (NMDC) has set its sights on investment in the renewable energy sector. The information comes from Sumit Deb, Chairman and Managing Director (CMD) of NMDC. The top official of the Central PSU affirmed the quest of NMDC to invest in the renewable energy sector as he said that the […]

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Eurowind Set To Build 2.5 GW ‘Energy Centres’ in Denmark

Europe’s major renewable energy player, Eurowind Energy has announced its plans to develop five renewable energy projects called ‘Energy Centres’ in Denmark. These projects will be based on land and the total capacity will be 2.5 GW. Eurowind said that it is signing agreements with landowners to enable construction of the RE projects the land. […]

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