Renewable Energy

Canadian Solar Locks 4 GWp of Module Contracts During The 2023 RE+ Show

Canadian Solar has announced that it has successfully finalized approximately 4 GWp of solar module contracts during the 2023 RE+ show in Las Vegas, the USA. The contracts are expected to be serviced by both its upcoming Texas factory and its expanded Thailand module factory. “Our cost competitive TOPBiHiKu7 bifacial TOPCon module has received overwhelmingly […]

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Clients Willing To Pay A Premium For Green Data Centres- Moiz Vaswadawala, NTT

Moiz Vaswadawala, Vice President, Risk management and Sustainability at NTT Global Data Centers & Cloud Infrastructure India Pvt Ltd, the leading data center provider in India currently, talks about the push towards greener, more sustainable data centres. Excerpts from the interview: What is a data centre’s total energy footprint like, in terms of power, water, […]

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NTPC, Oil India Sign MoU for Boosting Renewable & Green Initiatives

Indian power behemoth NTPC Limited and state-owned Oil India Limited have now signed a Memorandum of Understanding (MoU) for collaboration in the business of exploration, development and production of crude oil and natural gas. The agreement was recently signed between the government enteprises to explore collaboration in Renewable Energy, Green Hydrogen and its derivatives, geothermal […]

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Statkraft in Agreement with Biopharmaceutical Firm for Offtake of Energy from Wind Farms

Norway’s International Power Producer Statkraft has entered into a PPA with Sweden’s biopharmaceutical firm AstraZeneca towards energy procurement from three wind farms in Sweden. The PPA is based on the commissioning of the new wind farms in Strömstad and Årjäng, which is in Sweden’s bidding area 3 (SE3). This is also where AstraZeneca’s research and […]

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C&I Segment: Group Captive Mode to Drive Installations in FY24-FY25-CareEdge Ratings

A new report from CARE Ratings predicts sunny times for solar power through Group captive mode in India’s C&I segment. Commercial & Industrial (C&I) consumers in India have the option to purchase power either through a third-party power plant or through a captive/group captive power plant besides procuring power from the designated utility in their region. […]

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Hydrogen Project HyNCREASE in Germany Qualifies for European Grant

The European Commission has picked out 41 projects to prepare grant agreements to enable firms dabbling in segments such as energy-intensive industries, hydrogen, renewable energy, and manufacturing components for energy storage and renewables. The EU has dedicated EUR 3.6 billion to enable the various firms to bring  innovative technologies to the market. The grants are […]

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India Likely To Add 45 GW Of New Renewable Capacities By 2025: Report

A latest report by CareEdge ratings claimed that India is likely to add 45 Gigawatt (GW) of new renewable energy capacities in the next two fiscals. The rating agency said the estimates were based on the healthy project pipeline and a strong bidding roadmap laid by the government. The report also sheds light on the […]

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GAIL Solicits Bids for Design of 10 MW Grid Connected Solar Power Plant

GAIL has issued a tender for the design, engineering, procurement, supply, construction, erection, testing, commissioning, operation and maintenance of 10 MW (AC) solar photovoltaic grid-connected power plant at Vijaipur, Guna, Madhya Pradesh. The last day for submission of bids is July 19, 2023. Bids open on July 20, 2023. The EMD is INR 50.30 lakhs. […]

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