Singapore’s Vena Energy and MGen Renewable Energy, the renewables unit of Manila-based Meralco PowerGen Corp., have signed an investment agreement for 550 MW of solar in the Philippines. Construction is due to start later this year.
India added 14.9 GW of new solar capacity in the six months ending June, breaking all previous half-yearly and annual PV installation records.
BC Jindal Group, a flexible packaging film and downstream steel product manufacturer, has formed a dedicated entity, Jindal India Renewable Energy (JIRE), with an aim to generate 5 GW of power from solar, wind, hybrid and FDRE modes. JIRE will also manufacture solar PV cells and modules.
ABB’s programmable logic controller-based automation solutions are now catering to more than 10 GW of renewable energy plants, including solar, wind and battery energy storage systems.
Spanish developer Zelestra (earlier known as Solarpack) has secured a 25-year power purchase agreement for its 450 MWp solar project in the Indian state of Rajasthan.
If battery energy storage costs fall 15% every year on an average, it would enable India to potentially limit its coal capacity to the 14th National Electricity Plan projection of 260 GW by 2032, says a new report by global think tank Ember and TERI.
A new report by the International Energy Agency’s Photovoltaics Power Systems Programme (IEA-PVPS) says that existing PV systems have the technical capabilities to provide various frequency-related grid services.
Global Energy Alliance for People and Planet (GEAPP) has completed detailed project report for the solar power plants to be installed on the vacant land along the Bundelkhand Expressway.
Avaada Group is also setting up 2.19 GW of pumped storage projects in Sonbhadra and Mirzapur districts, along with around 1 GW of solar power projects in Jalaun, Chitrakoot, and Lalitpur districts of Uttar Pradesh, with an investment of around INR 20,000 crore.
British International Investment and Norfund will invest in IndiGrid’s three inter-state transmission system projects currently under-construction. These projects are expected to support evacuation of 6 GW of renewable energy in the states of Madhya Pradesh and Maharashtra. Techno will co-develop two of these projects.
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