Australian hydropower company begins work on 2 GW pumped hydro project
Exploratory work and detailed site investigations have started for the 2 GW Borumba Dam pumped hydro project in Queensland, Australia.
Leaders from 116 countries to attend the 6th Assembly of International Solar Alliance in New Delhi
The Sixth Assembly of the International Solar Alliance will focus on universalizing energy access through solar mini-grids, mobilizing finance for accelerated solar deployment, and diversifying supply chains and manufacturing for solar.
USA: Accelerating large-scale solar development while minimizing land use impact
Historic land use agreement unites developers, environmental organizations and local interest groups, and is the result of a 20-month Solar Uncommon Dialogue convened by Stanford’s Woods Institute for the Environment, the Solar Energy Industries Association, and The Nature Conservancy.
European Parliament committees approve draft regulation on forced labor
The European Parliament’s Internal Market and International Trade committees have approved and amended a proposal to create a global list of regions and industries with a high risk of forced labor.
Avaada secures $1.8 billion REC finance for green ammonia project
Avaada has signed a memorandum of understanding with REC Ltd for $1.8 billion green ammonia project financing.
SECI launches 1 GW solar tender
The Solar Energy Corp. of India (SECI) is accepting bids to develop 1 GW of interstate transmission grid-connected solar projects in India. Bids can be submitted until Nov. 20.
REC commits over $3.7 billion for Acme, Avaada green hydrogen projects in Odisha
REC Ltd will provide debt funding totaling INR 31,000 crore (over $3.7 billion) to support two green hydrogen projects in Odisha. This includes INR 16,000 crore to Acme Group and INR 15,000 crore to Avaada.
Residential battery inventories soaring in Europe, says S&P Global
European warehouses are reporting extremely high inventory levels for residential energy storage systems, with aggressive prices expected, as distributors need to start clearing their stocks, according to S&P Global.
India’s steel, cement plants need $627 billion to go net zero
A CEEW study calculates the cost of decarbonizing the steel and cement production plants in India. It also finds carbon capture and storage, if successfully scaled up, could abate 56% of emissions from the steel industry.
Bangladesh introduces rooftop PV requirement for big, new buildings
Bangladesh has implemented a new rule stating that new buildings with rooftop spaces exceeding 92.2 square meters must install net-metered solar power systems as a prerequisite for grid connection.
