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Hyundai-Kia Signs MoU With Exide Energy For India EV Batteries

South Korea-based auto companies Hyundai Motor Company (HMC) and Kia Corporation have announced a partnership with India’s Exide Energy Solutions Ltd to make electric vehicle batteries in the country. The companies have signed a Memorandum of Understanding (MoU) regarding manufacturing the EV batteries in India, reported news agency Reuters. According to the report, the South […]

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EU Investigates Distortive Practices By Chinese Solar Companies In Foreign Subsidy

European Commission has initiated two in-depth investigations under the Foreign Subsidies Regulation (FSR) related to the potential distortive role of foreign subsidies given to bidders in a public procurement procedure. In the investigation, the commission will assess whether the economic operators concerned did benefit from an unfair advantage to win public contracts in the EU. […]

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China Leads The Way In Cleantech Industry, Overtakes US: RMI Study

A recent report by RMI described the goals of countries regarding cleantech in its study “race to the top” dealing with the transition from fossil energy to clean energy. It compares the progress made by the three regions that dominate the deployment of renewable energy technologies — China, Europe, and the United States.  The RMI […]

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SJVN Invites Bids For 47.60 MW Khirvire Wind Power Station In Maharashtra

Hydro, and now, all renewable focused PSU SJVN Limited, has invited online and open e-Tender for a 47.60 MW wind energy project in Maharashtra, under single stage two bids system (Techno-Commercial Bid & Price Bid) through Government e-Marketplace (GeM) portal. The SJVN tender invite s bids for “Comprehensive Operation & Maintenance (O&M) of SJVN’s 47.60 […]

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Recurrent Energy Secures €110 Million Green Loan Facility From International Banks

Recurrent Energy, a subsidiary of Canadian Solar Inc. and owner of solar and energy storage assets, today announced that it has secured a multi-currency facility of up to (€110 million) $120 million from a group of international banks led by Investec Bank Plc. According to Recurrent Energy, the facility consists of a €55 million term […]

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German Wind Turbine Maker Nordex Secures 253 MW Order

German wind turbine manufacturer Nordex has received another order of 39 turbines from the wind and solar park developer UKA Umweltgerechte Kraftanlagen GmbH & Co. The machines of the N149/5.X, N163/5.X, and N163/6.X series are expected to provide a total generation capacity of 253 MW after commissioning. Nordex will also take over the premium service […]

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ACWA Signs 25 Years PPA To Develop Wind, BESS Project In Uzbekistan

Saudi based power company ACWA POWER signed a Power Purchase Agreement (PPA) with National Electric Grid of Uzbekistan. This agreement falls under the Public Private Partnership law in Uzbekistan with the National Electric Grid of Uzbekistan for Nukus 200 MW wind power project along with Battery Energy Storage System (BESS) to be set up in […]

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Torrent Power Secures 450 MW Wind-Solar Hybrid Project

Torrent Power, a Gujarat power company has announced it has secured 300 MW power from wind-solar hybrid energy projects, with a greenshoe option of up to 150 MW through an auction. Further, the company also stated that it won the auction after quoting Rs 3.65/kWh The tender for 300 MW of power supply, with a […]

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iFOREST Report Sees Potential For More Ambitious Renewable Targets In Assam

iFOREST a research-based organization, in a recent report on enabling renewable energy in Assam recognized the steps taken by the Assam government to increase renewable energy (RE) penetration. It considered the states progress since the announcement of the Assam Renewable Energy Policy 2022 (AREP 2022) in November 2022. iFOREST’s research indicates the need for accelerated […]

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