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NTPC 3 GWh Tender For Renewable Storage

NTPC’s renewable focused subsidiary, NTPC Renewable Energy has released a tender inviting developers for renewable storage systems across the country that will add up to 3000 MWh of supply. These systems would be connected to the ISTS grid too. The high minimum bid level indicates a search for large players able to execute at scale, […]

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Agrivoltaics Make Their Case For India

It is a truism that no change is really big enough to matter, unless it impacts the agricultural sector in India. After all, even after 2021, the Agriculture and allied sectors account for over 50% of our workforce, and contribute a substantial 18% to the country’s GDP. With the highest amount of arable land in […]

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Global Floatovoltaics Market Expected to Reach 4.8 GW by 2030: Report

Global floating solar panels market, estimated at 1.6 GW in 2021, is projected to reach 4.8 GW by 2026, finds a new study published by research company Global Industry Analysts (GIA). Floating solar panels or floating photovoltaics (FPV), which are also known as floatovoltaics, are solar panels that are mounted on a structure floating on a […]

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South Korea, Saudi Arabia Agree to Jointly Develop Hydrogen Economy

South Korean President Moon Jae-in held talks with Saudi Arabia’s de facto ruler Crown Prince Mohammed bin Salman on Tuesday and agreed to work together in areas related to the hydrogen economy. After holding the talks at the Al-Yamamah palace in Riyadh, the two nations signed preliminary deals to jointly develop green hydrogen, which is […]

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IEEFA: Skyrocketing EV Sales in China Spell a No-turning-back Step Change in Global Energy Landscape

The jury is in. The global race between passenger electric vehicles and hydrogen fuel cells vs petrol vs diesel is over. EVs have won in China, the world’s biggest auto market, writes Tim Buckley, Director of Energy Finances Studies Australasia & South Asia, Institute for Energy Economics and Financial Analysis (IEEFA), as he gives insight […]

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PLI Battery Scheme Has 10 Bidders. Reliance, L&T, Amara Raja Bid

Bids from 10 companies have been received for the government’s PLI Battery scheme, or ‘National Programme on Advanced Chemistry Cell (ACC) Battery Storage’. Seen as a key initiative to ensure 50 GWh of ACC battery storage manufacturing capacity in the country. The Rs 18, 400 Lucas-TVS, Exide Indcrore production-linked incentive (PLI) scheme for advanced chemistry […]

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Italian Oil Giant Eni Buys 800 MW Solar Portfolio in Greece

Italian energy group Eni, through Eni gas e luce, has acquired the Greek company Solar Konzept Greece for an undisclosed amount as part of its plans to shift away from oil and gas. Solar Konzept Greece previously belonged to Solar Konzept International, which is majority owned by Aquila Capital, a sustainable investment and asset development company, […]

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NextEnergy Capital Divests its 149MW Italian Solar Portfolio

London-based solar investor NextEnergy Capital has announced the sale of the entire portfolio of operating solar projects owned by NextPower II (Fund) in Italy. The Fund’s portfolio comprises 105 individual solar plants for a total installed capacity of 149 MW. Its plants are located across Italy, in regions including Piedmont, Lombardy, Veneto, Tuscany, Puglia, Sardinia, […]

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Odisha Govt Partners with GAIL to Develop Green Projects

The Industrial Promotion and Investment Corporation of Odisha Ltd (IPICOL) and Gas Authority of India Ltd (GAIL) on Wednesday signed a Memorandum of Understanding (MoU) for cooperation in the areas of green hydrogen, green ammonia and renewable energy (solar / wind) for the production of eco-friendly fuels in Odisha. Odisha, being a power surplus state, […]

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