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OTPC, APDCL Collaborate For Rs. 2000 Crore BESS In Assam

ONGC Tripura Power Company Limited has informed that a Memorandum of Understanding (MoU) has been signed between OTPC and Assam Power Distribution Company Limited (APDCL) recently to develop a Battery Energy Storage System (BESS) Project having a total capacity of up to 250 MW / 500 MWh in Assam. OTPC and APDCL will incorporate a […]

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Finland’s Wind Energy Saw 75% Surge in 2022

As per the Finnish Wind Energy Association (FWPA), the wind power capacity of Finland witnessed a 75% surge in 2022. Of this, nearly half of it was owned by Finland domestically. “Wind power is now increasing our country’s energy self-sufficiency at a really good pace – just when new and affordable electricity production is most […]

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North America to Make Headways into Solar Sector by 2030

As per a study conducted by CMI Ltd, the global solar energy market is poised to reach around USD 300 Billion by 2030. This growth will account for a CAGR of close to 7% between 2022 and 2030. There has been an increased focus on green hydrogen with the sliding costs of renewable energy having […]

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Madhya Pradesh Plans Three New Floating Solar Projects Worth INR 7,500 Cr Investment

Officials present in one of the sessions on the first day of ‘Invest Madhya Pradesh-Global Investors Summit’ that is being held in Indore, said that the development work on three floating solar power plants on water reservoirs in the state of Madhya Pradesh is about to commence. The investment into the three floating solar power […]

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South Korea’s Qcells to Build $2.5 Bn Solar Factory in US; More Than Doubles Production

South Korea’s solar cells and modules maker Qcells will invest over $2.5 billion to expand its solar module manufacturing operations in Georgia, USA. Qcells will build a new facility in Cartersville and add a third facility to its Dalton location, creating more than 2,500 new jobs in northwest Georgia. These investments are expected to bring […]

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Guwahati Signs INR 2000 Cr MoU for 250 MW/500 MWh Battery Energy Storage System

ONGC Tripura Company Ltd and Assam Power Distribution Company Ltd have joined forces for the development of a Battery Energy Storage System Project of 250 MW / 500 MWh capacity in Guwahati. Valued at INR 2000 Cr, the project will be executed in a phased manner. The agreement was signed in the presence of Nandita […]

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USA’s Leeward RE Raises $260 Mn For Chaparral Springs Solar + Storage Project in California

Leeward Renewable Energy, A US based firm that delves into the development of new wind, solar, and energy storage projects in energy markets across the US, has announced that it has closed about $260 million in construction financing and secured tax equity commitments for its Chaparral Springs Solar + BESS Facility. The renewable energy project […]

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Sun Cable Goes Into Administration in Australia

Sun Cable, the massive solar developer aiming to build the world’s most ambitious power export project, has gone into administration in Australia. Sun Cable was planning to build the world’s largest solar+battery storage complex in the Northern Territory region of Australia, with plans to build an undersea cable across the sea to export power to […]

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