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Rajasthan unveils RIPS to boost renewable energy investments
The Rajasthan government has introduced the Rajasthan Investment Promotion Scheme (RIPS) to enhance renewable energy investments, tapping into its potential of 24.22 GW in solar energy and 5.19 GW in wind energy. Under RIPS, enterprises investing in solar, wind, hybrid, and energy storage projects, including battery energy storage systems and biomass, receive various incentives. The scheme offers a 100 per cent subsidy on cross-subsidy and additional surcharges for renewable energy used in green hydrogen production…
Trump’s campaign vows to overturn Biden’s clean energy policies if elected
Donald Trump’s presidential campaign announced plans to scrap many of President Biden’s clean energy initiatives if Trump is re-elected. The campaign aims to eliminate regulations on power plants and transportation emissions, and fast-track approvals for new power plants to meet growing electricity demands. David Bernhardt, Trump’s former Interior Secretary, stated that Trump would authorize the construction of hundreds of new power plants and withdraw the U.S. from the Paris Climate Agreement. He criticized Biden-Harris policies…
Adani Power completes acquisition of Pathadi thermal project phase II
Adani Power Limited (APL) completed the acquisition of Lanco Amarkantak Power Limited (LAPL) for the Pathadi Thermal Power Project (TPP) phase II. The acquisition includes LAPL’s existing 2×300 MW (600 MW) operational TPP in Korba district, Chhattisgarh, and the development of an additional 2×660 MW (1,320 MW) TPP capacity under phase II expansion.
SJVN invites bids for 700 MW solar projects in Gujarat
SJVN Green Energy has issued a tender for the design, engineering, supply, erection, testing, and commissioning of solar projects with a cumulative capacity of 700 MW (100 MWx7 plots) at the Khavda Renewable Energy Park in Gujarat. The bid submission deadline is set for November 19, 2024, with bids to open the same day. The projects are divided into two phases: Phase 1: 500 MW under Gujarat Urja Vikas Nigam (GUVNL) Phase-XXI, comprising five plots…
Emeren and Arpinge partner on 300MW battery storage portfolio in Italy
US-based Emeren Group has entered a co-development agreement with Arpinge to establish a 300MW battery energy storage system (BESS) portfolio in southern Italy, bolstering Emeren’s presence in the Italian BESS market where it already has 1.37GW in its permitting pipeline. This partnership with Arpinge, a permanent capital vehicle backed by Italian pension funds, aligns with Italy’s energy transition goals, focusing on enhancing grid stability and integrating renewables. Emeren Group CEO Yumin Liu highlighted the collaboration…
Grew Energy partners with IIT Bombay to boost photovoltaic innovation
Grew Energy Pvt Ltd, a solar photovoltaic (PV) module manufacturing company, has entered into a partnership with the Indian Institute of Technology, Bombay (IIT Bombay) to advance innovation and excellence in photovoltaic technology. This collaboration will focus on solar cell and module manufacturing, performance characterization, and reliability assessments, aiming to drive significant advancements in the sector. The Memorandum of Understanding (MoU) between IIT Bombay and Grew Energy lays the groundwork for a dynamic partnership that…