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NLCIL Invites Bids for QCA for 1349 MW Solar, 51 MW Wind Power Plants

NLC India Ltd has invited custom bid for services- engagement of Qualified Coordinating Agency (QCA) for solar capacity of 1349 MW, 51 MW of wind power plants at Tamil Nadu. Bid ends on July 11, 2023. The bid opens on the same day, that is July 11, 2023. The contract will be valid for a []

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S&P Commodity Insights Top 10 RE Market Trends in 2023

Commodity Market Solutions Firm S&P Global Commodity Insights released its white paper on The Ten Cleantech Trends in 2023, focusing on the technologies to reduce emissions and confront climate change. Following are the main takeaways from the cleantech trends 2023 from S&P Global Commodity Insights- 1. Declining Component Prices--Though the reduction in the component prices []

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Europes Solar Firm Alight Signs PPA With Axfood To Build Swedens Largest Solar Park 

Europes solar developer and Independent power producer Alight and food retail group Axfood have signed a Power Purchase Agreement (PPA) to build Swedens largest solar park threefold. The scale of the solar park unlocks the possibility of using non-recourse project financing for the first time, signaling a shift in the feasibility of large-scale solar in []

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UEAs Princeton Digital Group & Tata Power Collaborate For RE Supply to Indian Data Centre

UAE-based Mubadala Investment Company has announced a partnership between its investee firms, Princeton Digital Group (PDG) and Tata Power Renewable Energy Limited. This collaboration was meant to utilise green power for a Mumbai-based data center. With this collaboration, eco-friendly electricity will be supplied to the PDGs flagship data centers in India. As per the agreement, []

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As Bangladeshs Textile Sector Makes Green Switch, Lessons For Indias Export Giants Too

Bangladesh has been a laggard when it comes to Grid-scale solar adaptation, historically. The country, which also imports power from India, faces a challenge when it comes to energy, with a reliance on natural gas besides thermal power from India. However, there have been clear signs of acceleration in its solar installation drive recently. At []

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Poor Policy Shackling Pakistans Solar Potential: IEEFA

Innovating Pakistans power purchase agreements (PPA) for renewable projects, and offering price stability to de-risk the market, are crucial to restore investor confidence, according to a new report authored by Haneea Isaad, an Energy Finance Analyst at the Institute for Energy Economics and Financial Analysis (IEEFA). The new report analysed the efficacy of incentives available []

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DNV Survey Puts Solar plus Storage At Centre OF Future Efficiency, Resilience

Accelerating solar-plus-storage in the next five years will be important for boosting the efficiency and resilience of global energy networks, according to 92% of energy industry professionals. The finding is from DNVs Industry Insights research, which surveyed global energy industry professionals on their outlook, expectations and priorities for the year ahead. Frequently referred to as the power []

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Indian Investor, Others Help Australian Battery Startup Sicona To Raise AU$22m Funds 

Australian battery startup Sicona Battery Technologies (Sicona) has now announced raising AU $22 million in Series A funding, which will be used to further the companys development plans in Australia and the United States. The $22 million investment was led by Indias Himadri Speciality Chemical Ltd, leading Australian venture capital investor Artesian, and Electrification & []

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Southeast Asian Power Market On A Liberalisation Spree: Report

The recent Global Market Outlook report on solar power by Intersolar Europe and Global Solar Council claimed that several countries in the Southeast Asian market are on a liberalization spree to reform their power sector. These reforms aimed to boost the production of renewable energy and its use to cater to the power needs of []

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