A look into the green credit system for renewable energy
Green credits offer a vital mechanism for incentivizing environmentally positive actions beyond just corporations, involving individuals and communities. By providing tangible benefits for sustainable practices, such as renewable energy adoption and conservation efforts, green credits engage the public at large, fostering widespread participation in combating climate change.
Hail damage and toxicity risks in solar plants
US news outlets have reported resident concerns about leaked toxins from solar facilities in Texas that were damaged by a hailstorm. The Solar Energy Industries Association (SEIA) has rejected the reports, which contained categorically false information.
Indus Towers partners NTPC to develop renewable energy projects for business operations
Indus Towers has signed a memorandum of understanding with NTPC Green Energy Ltd (NGEL) to explore joint development of grid-connected renewable energy based power projects including solar, wind, energy storage, etc.
EWEC seeking proposals for 1.5 GW of solar in Abu Dhabi
Emirates Water and Electricity Co. (EWEC) is now accepting proposals for a 1.5 GW solar project in Abu Dhabi. The tender is open to the 19 bidders who passed the qualification process, following an expression of interest stage last year. The chosen developer or consortium will sign a long-term power purchase agreement (PPA) with the Abu Dhabi-based utility.
ReNew, Japan’s JERA partner for green ammonia project in India
The green ammonia project to be developed in Paradip, Odisha, will have a green ammonia production capacity of around 100,000 tons per year by 2030. JERA will be the offtaker for the project.
MG Motor India partners with Epsilon Group for EV charging, battery recycling
MG Motor India has signed an agreement with Epsilon Group for electric vehicle (EV) charging solutions and battery recycling and second-life expertise.
European Investment Bank lends €150 million for renewables in Bhutan
The European Investment Bank (EIB) has agreed to lend €150 million ($160.2 million) for renewables in Bhutan, in order to fund solar and hydropower installations in remote regions. Solar facilities are expected to reduce Bhutan’s reliance on energy imports during the dry months of the year and diversify the nation’s electricity mix.
AMPIN Energy switches on 135 MWp solar project in Rajasthan
AMPIN Energy Transition completed construction of the 135 MWp solar project in a record time of just four months.
JLR, Allye Energy partner on 270 kWh portable battery energy storage system
Jaguar Land Rover (JLR) and Allye Energy have agreed to collaborate on a 270 kWh portable battery energy storage system (BESS) built with second-life Range Rover batteries. The system, which is set to become the first commercially available BESS with JLR battery packs, can fully charge up to nine Range Rover PHEV vehicles at once.
Juniper Green Energy wins 150 MW in NTPC’s 1 GW wind-solar hybrid tender
Juniper Green Energy secured the 150 MW wind-solar hybrid capacity at a tariff of INR 3.43 per kWh. It will develop the project on a build-own-operate basis.
