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UK’s Hive Energy to Invest $4Billion for 4 GW of Solar + Storage in Turkey

The United Kingdom-based Hive Energy has said that it will be investing $4 billion for the development of solar power projects with energy storage facilities in Turkey. As per reports, the firm will be constructing the projects through joint ventures with two partners based out of Turkey itself. Hive Energy is headquartered in Hampshire in […]

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Australian Renewable Energy Agency Awards $30 Million For Cheaper Solar Gains

The researchers of University of New South Wales (UNSW) Sydney have been awarded about $30 million under the Australian Renewable Energy Agency (ARENA) Research and Development (R&D) Program to support research and development (R&D) and commercialisation activities to significantly reduce the cost of solar. The funds are a share of $41.5 million award by ARENA. […]

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France to Vote on Landmark Renewable Energy Acceleration Bill Tomorrow

In September 2022, Emmanuel Macron, the President of France, introduced the Renewable Energy Acceleration Bill. The proposed Bill seeks to accelerate the deployment of renewables. Tomorrow, that is, January 10, will prove to be a significant day for France as its National Assembly will pronounce its vote on the Bill. There have been a slew […]

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Iran Looks to Get International Solar Alliance Membership

Iran has recently sent a Bill to the Parliament, looking to get onboarded as a member to the International Solar Alliance. As per the country’s Sixth Development Plan, it should have augmented its share of renewable power in electricity generation by at least 5 per cent. Currently, the share of renewables in Iran’s electricity generation […]

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Fleet of Solar Ferries to be Introduced in Saryu River in Ayodhya, UP

The Saryu River in the holy city of Ayodhya will soon witness an amalgamation of pilgrimage, tourism and clean energy. The Ayodhya Development Authority (ADA) is planning the deployment of 10 solar ferries that will help the tourism in the city and take pilgrims on local voyages. The solar-powered ferries are a part of the […]

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Matter Energy and Luminous Power In Partnership For Energy Storage Solutions

Matter Energy, the Ahmedabad-based technology start-up, has entered into a strategic partnership with Luminous Power Technologies aiming to create a technological breakthrough in the field of home inverters and stationary applications. According to the release, the solution would also encourage many possibilities of generating sustainable energy through domestic solar and wind power generation, storing, and […]

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CESL Issues New Tender for 4675 Electric Buses for Rs 5000 Crore

Convergence Energy Services Limited (CESL) has announced a second tender for the deployment of electric buses under the National Electric Bus Programme. The number of e-buses sought by CESL in the novel tender is 4,675. CESL has recently concluded a tender for 6,465 electric buses. Previously it had also issued a tender under Grand Challenge […]

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Can Giant Floating Solar On Oceans Work?

A lot has been said and done about floating solar plants – an emerging technology in which a customised solar photovoltaic (PV) system is placed directly on top of a body of water. Over the past half a decade, floating solar farms have gained popularity, particularly in countries with high population density and competing uses […]

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Altus Buys 220 MW Solar Portfolio from RE Equity Firm TGC in USA

Connecticut based renewable energy infrastructure private equity firm, True Green Capital Management has announced that it has signed a binding agreement last week with Altus Power to sell a portfolio of approximately 220 megawatts (MW) of distributed solar assets. The value of the deal is revealed as $293 million. TGC and Altus Power expect the […]

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