Essar to invest $3.6 billion in energy transition in the UK and India
Essar has formed Essar Energy Transition (EET) that will focus on investing in hydrogen, decarbonization, new energy infrastructure, and biofuels. EET plans to invest $3.6 billion in developing low-carbon energy transition projects in the UK and India over the next five years.
Karnataka, Gujarat lead the way in transition to clean electricity
A joint study by IEEFA and Ember analysed 16 Indian states on their preparedness to shift away from fossil-fuel-based power, ability to incentivize greener market participation, power system’s reliability, and policies pushing for power sector decarbonization. It shows Karnataka and Gujarat fare well in progress towards clean electricity transition.
Assam tenders 200 MW solar
The selected bidders will set up the solar projects to supply power under a 25-year power purchase agreement (PPA). Bidding closes on March 14.
Karnataka tenders 1 GW pumped storage project
The pumped hydro storage plant, connected to the intra-state transmission system, is to be developed on a build-own-operate basis. Bidding closes on March 12.
China’s polysilicon imports fell by 23% in 2022, says Bernreuter Research
After an interim high in 2021, polysilicon imports into China fell again in 2022, but the country’s share in global output still came close to 90%, according to a new report by Bernreuter Research.
Pumped hydro key to meeting storage demand
Pumped hydro energy storage can be readily scaled to any required storage capacity at a known and affordable cost.
Husk Power surpasses 200 minigrids across Asia and Africa
The Bihar-based minigrid operator, which serves rural Asia and Africa, expects to double its portfolio to 400 by year-end.
ABB India opens new factory in Nashik
ABB India has doubled its gas-insulated switchgear (GIS) capacity with the launch of a new factory in Nashik, Maharashtra.
Olectra develops hydrogen bus with technology support from Reliance
Olectra, in association with technology partner Reliance, has developed a hydrogen bus that can travel up to 400 km on a single hydrogen fill. It plans to launch these buses within a year commercially.
NTPC tenders 260 MW floating solar, 50 MW ground-mount projects
NTPC Renewable Energy Ltd, on behalf of its joint venture with DVC, has invited bids to build 260 MW of floating solar and 50 MW of ground-mount PV projects at DVC reservoirs in Tilaiya and Panchet. Bidding closes on March 31.
