Renewable Energy

10.5 GW Solar, Wind and Storage Project in Morocco

British company Xlinks is developing a 10.5 GW solar-plus-wind project, combined with a battery storage facility, in Morocco, which will supply 3.6 GW renewable energy to the UK via the world’s longest subsea cables. Located in Morocco’s renewable energy rich region of Guelmim Oued Noun, it will cover an approximate area of 1,500km2 and will be […]

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French Firm TotalEnergies Expects RE Expansion in Future

French company TotalEnergies said on Monday that it expected a big rise in renewable-based electricity, solar and wind forms of energy, partly due to a general increase in electrification in the industrial and business world. TotalEnergies added it expected that oil in general would plateau before 2030, while natural gas would continue to play a […]

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76 MW RE Projects Cleared in Telangana: Minister G Jagadish Reddy

Energy minister G Jagadish Reddy said the Telangana state government had received applications for generation of renewable energy for 90 MW and of them 76 MW projects had been cleared. He said that several industrialists were not coming forward to install units to generate power from waste due to stringent norms for disposal of waste. […]

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NHPC Board Approves Setting up Subsidiary for RE Business

State-owned hydro power giant NHPC on Friday said its board has approved the proposal to form a subsidiary for the development of renewable energy, small hydro and green hydrogen projects. “Board of Directors of Company in its meeting held today i.e. Friday, September 24, 2021 inter-alia has considered and approved the proposal regarding the formation […]

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Bord na Mona to Build ‘1st Irish Dedicated RE Business Park’

Irish utility service provider Bord na Mona (BnM) is planing to construct a 200MW-plus hybrid energy park — the “first Irish dedicated renewable-energy business park.” The semi-state company said that the so-called energy park will be developed on more than 7,400 acres of its landbank in counties Meath, Offaly and Westmeath. It is expected to potentially […]

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Global Solid State Transformer Market to be Worth Over $1200 M by 2027

The global solid state transformer (SST) market is likely to register a revenue of $1,246.4 million by 2027, at a CAGR of 26.0% during the forecast period from 2020 to 2027, finds new analysis by Research Dive. The report provides a brief summary of the current market scenario comprising major aspects of the market such […]

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AIIB and IRENA Team-Up to Accelerate Asia’s Energy Transition

The Asian Infrastructure Investment Bank (AIIB) and the International Renewable Energy Agency (IRENA) have signed a memorandum of understanding (MOU) committing to work together to support Asia’s energy transition and mobilize greater private capital for renewable energy. The agreement was signed today by AIIB President Jin Liqun and IRENA Director-General, Francesco La Camera, at a […]

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Lightsource BP, With Fresh $1.8 B Fundraise, Targets 25 GW RE by 2025

Lightsource BP, the London-based solar developer led by Nick Boyle, with 50% ownership by BP has secured a  $1.8bn finance package that it announced will lead to a massive change in its plans for the immediate future. Calling the financing a key step to a change in mindset from ‘gigawatts to terawatts’ the firm has […]

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