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renewable energy power

GoodWe Partners With Sunprime For Solar-Powered Smart Cowshed

Leading inverter company GoodWe has announced a 500KWp solar project in India. This project marks the company’s first smart cowshed in the country, showcasing a potential model for energy independence in the nation’s dairy sector. The smart-cowshed, powered with solar energy was commissioned by GoodWe in collaboration with EPC leader–Sunprime Energy Solutions. It was powered […]

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Solar Became Cheapest Fuel Source For Newly-Built Power Systems: EY

The latest report by Ernst and Young (EY) claimed that solar energy emerged as the cheapest fuel source for newly built power systems globally, fueling a faster energy transition. The report said that despite the challenges like inflation and price rises, solar power seemed to be the leader. It claimed that with its lowest Levelized Cost […]

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NTPC Looks for Power Generators for Supply of 1500 MW Solar-Wind Projects

NTPC Ltd. has issued a tender and invited online bids from eligible bidders on Single Stage Two Envelope (that is, envelope-I: technical bid and envelope-II: financial bid) with reverse auction for the selection of hybrid power generators for the supply of 1500 MW power from ISTS connected -solar-wind hybrid power projects anywhere in India (NTPC-Tranche-IV) […]

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Engie & Canadian Solar to Charge up UK Energy Storage Sector with 226 MWh BESS

French utility firm Engie has joined hands with Canadian Solar’s storage arm, e-STORAGE for two battery projects located in Scotland. e-STORAGE will be responsible for delivering 226 MWh DC of turnkey energy storage solutions to Engie in Scotland. Under the EPC, (Engineering, Procurement, and Construction) agreement, e-STORAGE will construct the two energy storage projects, boasting […]

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For India’s Renewable Energy Projects: A Creditworthiness Assessment Framework

India has set itself an ambitious target of meeting 50% of its energy requirement from renewable sources by 2030. To help power India’s sustainable energy vision, Renewable Energy (RE) projects must be sustainable by themselves which can only be attained through robust credit worthiness assessments in the RE sector. A reliable framework is essential to […]

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Wind Energy Takes Centre Stage at COP28

COP28, being held in Dubai, has served as an ideal platform seeing major wind firms and countries join hands on noteworthy agreements on the setting up of wind farms. These agreements run into several gigawatts.  1 GW TotalEnergies AoI On the COP28 platform, French firm, TotalEnergies has entered into an agreement on investment (AoI) with […]

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UAE’s Clean Energy Powerhouse Masdar Expands European Footprint With 1GW Portfolio

Masdar, the UAE’s clean energy powerhouse announced the acquisition of eight hybrid renewable energy projects, along with Taaleri Energia, a Finland-based renewable energy developer and fund manager, marking a significant expansion to both companies’ Polish renewable energy portfolios. The announcement was made on December 4, and follows a series of announcements by the government owned […]

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IEX Power Market Update for November 2023

Indian Energy Exchange (IEX), India’s largest power trading exchange, had a strong November, achieving 9,136 MU overall volume, including 7.55 Lac Renewable Energy Certificates (RECs) (equivalent to 755 MU), marking a 17.5% increase on YoY basis. IEX achieved 8,371 MU total electricity volume in November 2023, registering an increase of 13% on YoY basis. However, […]

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