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ACWA to Invest $120 Million in Uzbekistan Renewables Afresh

Saudi Arabia’s ace renewable energy developer ACWA Power has inked two key agreements at the EBRD 2023 Annual Meeting and Business Forum in Samarkand to advance Uzbekistan’s target to decarbonise 35% of its energy sector by 2030. In the first set of agreements with the chemicals company, Uzkimyosanoat of Uzbekistan, ACWA Power will decarbonise the […]

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NTPC Reports Highest Ever Annual Generation, 32% Surge In Income In FY23

The National Thermal Power Corporation of India (NTPC) today announced its Q4 and FY23 Financial Results. The leading power generator of the country claimed that during FY23, it reported the highest-ever annual generation of 399 Billion Units (BU) compared to 361 BU in FY22, registering a growth of around 11 percent.  The audited results of […]

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RUMSL Solicits Bids for Allotment of Pumped Hydro Storage Sites in MP

Rewa Ultra Mega Solar Ltd (RUMSL) has issued an RFP for allotment of pumped hydro storage sites in Madhya Pradesh. The total cost of the bidding document is INR 295000. The technical Bid is required to be submitted in online form by July 4, 2023. The financial bid is also to be submitted by the […]

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UP Has The Highest Potential For Livelihoods With DRE: CEEW Study

A latest report by the Council of Energy, Environment and Water (CEEW) claimed that Uttar Pradesh has the greatest impact opportunity in livelihood by deploying Distributed Renewable Energy (DRE) solutions. The report was recently released by the Minister of New and Renewable Energy RK Singh in a national event in New Delhi recently.  Following Uttar […]

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Northland Power Secures Financial Close for 250 MW Oneida Energy Storage Project

It looks like the energy storage infrastructure is burgeoning in Canada with many announcements being made this week. In the fresh case, Toronto-headquartered Northland Power has announced that its 250 MW Oneida Energy Storage Project in Southern Ontario has reached financial close. It has secured all the necessary financing. The total cost for the project […]

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Sungrow Bags 150 MW Energy Storage Project in UK

Chinese inverter and energy storage system solution maker and supplier Sungrow has announced that it has signed a contract to supply its liquid cooled energy storage system (ESS) called PowerTitan to a 150MW/300MWh project in Ferrybridge, West Yorkshire, the United Kingdom. Sungrow said that the project is expected to increase total grid stability and bolster […]

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PFC Issues Tender for Procurement of Aggregate Power Including RES with Storage

PFC Consulting Limited (PFCCL), a wholly owned subsidiary of Power Finance Corporation Limited, has invited proposals for the “Procurement of Aggregate Power requirement of Group of States” for undertaking tariff based competitive bidding for medium term procurement of Power”. PFC is the authorized representative appointed by the Ministry of Power under para B (v) of […]

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