Similar Posts
GERC sets Rs 2.84 per kWh tariff for sub-10 MW wind power projects
The Gujarat Electricity Regulatory Commission (GERC) has established a levelised tariff of Rs 2.84 per kWh for wind power projects with a capacity of less than 10 MW, commissioned between June 6, 2022, and March 31, 2027. These projects will have a lifespan of 25 years, with a depreciation rate of 60% in the first year, followed by 4.67% per annum for the first 15 years, and 2% annually from the sixteenth to the twenty-fifth…
NTPC and RVUNL sign JV to develop 25 GW renewable projects in Rajasthan
NTPC Green Energy Limited (NGEL) and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) have established a joint venture (JV) to develop 25 GW of renewable energy projects and 1 million metric tonnes per annum (MMTPA) of green hydrogen and its derivatives in Rajasthan. The Chief Minister of Rajasthan recently dedicated 160 MW of a 320 MW solar power project in Bhainsara to the nation. In September 2024, NGEL awarded Suzlon Group a 1,166 MW wind…
D.E. Shaw, El Paso Electric begin construction on Carne Solar, Storage project in New Mexico
D.E. Shaw Renewable Investments (DESRI), in partnership with El Paso Electric (EPE), has commenced construction on the Carne Solar and Storage project, a 130 MWAC solar and 260 MWh storage facility located in Deming, New Mexico. This marks DESRI’s second solar project in Luna County, following the Alta Luna project that began operations in 2017. The Carne project is set to provide clean, reliable energy to the Southwest, supporting EPE’s goals of achieving 80% clean…
Foxconn plans Battery Energy Storage System unit in India, eyes expansion in EV segment
Taiwanese electronics giant Foxconn is planning to establish a Battery Energy Storage System (BESS) unit in India, according to Chairman Young Liu. With a focus on the electric vehicle (EV) sector, Foxconn is expanding its battery manufacturing business, having already set up its first plant in Taiwan. Liu mentioned that Foxconn’s information and communication technology segment has recently started operations in India. He also revealed discussions with Tamil Nadu’s industry minister regarding collaboration on BESS…
Asia to spend over USD 20bn on EVs: Report
Developing an electric vehicle (EV) industry in South and Southeast Asia will require significant investment, with S&P Global Ratings estimating more than US$20 billion in spending by rated carmakers over the next few years. Chinese EV manufacturers are expected to lead the expansion, viewing the region as a key growth market and a strategic hub for exporting to Europe, where Chinese-made EVs face high import tariffs. S&P Global Ratings credit analyst Claire Yuan noted that…
IIT-Kharagpur study debunks claims of ‘severe ozone hole’ in tropics
A new study led by Jayanarayanan Kuttippurath, a senior professor at IIT-Kharagpur’s Centre for Ocean, River, Atmosphere, and Land Sciences (CORAL), has refuted previous claims of a ‘severe ozone hole’ in the tropical stratosphere. The research, titled “No Severe Ozone Depletion in the Tropical Stratosphere in Recent Decades,” analyzed 42 years of data, dismissing concerns about ozone depletion in the tropics and associated health threats. Kuttippurath and his team examined ground-based ozonesonde and satellite data…