Partners Group to acquire Sunsure Energy
The Swiss investment manager will invest up to $400 million to transform Sunsure into a next-generation independent power producer. The platform targets 3 GW of capacity from Partners Group’s equity commitment.
Power minister launches transmission system plan for over 500 GW renewables capacity by 2030
India’s Ministry of Power has chalked out a comprehensive plan for the evacuation of power from the planned 500 GW of renewables capacity by 2030. The plan envisages an additional transmission system and the installation of battery energy storage capacity.
PV windows cut energy use by 40% in glazed buildings, says NREL
The US National Renewable Energy Laboratory (NREL) has shown that perovskite-based thin-film PV, transparent PV, and dynamic PV glazing technologies can reduce the energy use of glazed buildings by around 40% across eight regions in the United States.
ONGC signs MoU with Shell for carbon capture, utilization and storage
India’s largest crude oil and natural gas company has signed an agreement with global energy giant Shell for joint study on carbon capture, utilization and storage.
Sembcorp to deploy more than 400 MW of PV at coal facility in Bangladesh
Singapore’s Sembcorp plans to install several solar plants near 1.4 GW of coal power capacity that developers are now building in Bangladesh.
Adani Green becomes world’s largest wind-solar hybrid power developer
The developer has commissioned a 450 MW wind-solar power plant in Rajasthan. With this, it has reached a cumulative hybrid power generation capacity of 1.44 GW.
ACE Green to set up lithium battery recycling plants in India
US-based ACE Green is setting up lithium battery recycling plants in Uttar Pradesh and Gujarat, where it will use a zero-waste hydrometallurgical recycling process to extract valuable materials from dead batteries.
Sterlite Power acquires Kishtwar transmission project in J&K
The project comprises a 400/132 kV gas-insulated substation at Kishtwar and a 400 kV Kishenpur-Dulhasti line-in line-out transmission line.
Waaree Energies emerges as India’s biggest solar module supplier
The Mumbai-headquartered solar manufacturer supplied 17% of the overall 1.28 GW of solar modules shipped in India during Q3 2022.
No funding for new coal in 2021
The renewable energy sector (solar and wind) recorded project finance deals worth INR 33,893 crore ($4,598 million) in 2021. No new project finance for coal was reported.
