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OPGC invites bids for IB Thermal Power Project Stage-III expansion
Odisha Power Generation Corporation (OPGC) has issued a Notice Inviting Tender (NIT) for the engineering, procurement, and construction (EPC) package for the Stage-III expansion of the IB Thermal Power Project. The project will add two supercritical units, each with a capacity of 600 MW, at Banaharpalli village in Jharsuguda district, Odisha. The total investment for the project is estimated at Rs 127.17 billion, with the last date for bid submission set as December 7, 2024. …
Mirova funds USD20 million in West African C&I solar developer
Mirova Gigaton Fund has committed USD 20 million in long-term debt financing to ManoCap Energy, a commercial and industrial (C&I) solar company based in Ghana, to support its expansion in West Africa. The funding will support ManoCap in consolidating its operations in Ghana and Sierra Leone and facilitate expansion into neighbouring countries such as Nigeria, Ivory Coast, Guinea, Liberia, and Togo.
Solar paraboloid technology: A promising solution for renewable energy
Solar paraboloid technology is gaining attention as a potential game-changer in the shift towards renewable energy. This advanced form of concentrated solar power (CSP) can increase the efficiency of capturing solar energy, potentially outperforming traditional photovoltaic (PV) systems. Solar paraboloids use parabolic mirrors to focus sunlight onto a receiver tube, heating a fluid to generate electricity or provide heat for industrial use. Operating at higher temperatures (up to 300°C), they achieve greater thermal efficiency by…
Waaree Renewable incorporates subsidiaries for solar and wind energy projects
Waaree Renewable Technologies Limited has established two wholly owned subsidiaries, Sunsational Solar Private Limited and Sunsational Energy Private Limited. These subsidiaries will focus on the generation, transmission, distribution, and sale of electricity from non-conventional energy sources like solar and wind power. In addition to developing and operating power plants, the subsidiaries will provide engineering, procurement, and construction (EPC) services for renewable energy projects across India. They also plan to develop solar parks and renewable energy…
Tata Power wins 400 MW wind-solar hybrid project in Maharashtra
Tata Power Renewable Energy Ltd. (TPREL) has won a letter of award from Maharashtra State Electricity Distribution Company (MSEDCL) for a 400 MW wind-solar hybrid project in Maharashtra. The project, expected to be completed within 24 months of signing the power purchase agreement, will contribute to MSEDCL’s sustainable energy needs and help reduce CO2 emissions by 895 million kilograms annually. This is TPREL’s largest renewable energy project in Maharashtra, with an initial 200 MW capacity…
Ambuja Cements joins Global Decarbonization Alliance, plans Rs 100 billion investment in renewable energy
Ambuja Cements Limited, a key player in the Adani Group portfolio, has joined the Alliance for Industry Decarbonization (AFID), becoming the first cement manufacturer globally to participate in this initiative. AFID is a global platform that fosters collaboration among industries to accelerate the transition to Net Zero, in alignment with the Paris Agreement. Ambuja’s inclusion in this alliance enables the company to exchange insights and experiences with other energy-intensive sectors. Ambuja Cements, which aims to…