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GPC and CNBM to expand renewable energy projects in Europe

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GoldenPeaks Capital (GPC) and China National Building Material Group (CNBM) have announced plans to expand their renewable energy partnership, targeting 1GW of solar projects annually across Europe. This collaboration, building on a five-year partnership, will extend into new markets including Germany, Italy, and Greece.

GPC, already active in Poland and Hungary with 800 MW of renewable energy projects and 1.4GW under development, aims to increase its presence in Western Europe, particularly in Bavaria, Germany. CNBM, through its subsidiary Triumph, will provide engineering, procurement, and construction (EPC) services, ensuring a strong supply chain for the projects.

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COP29: IEEFA pushes banks to reorient lending for renewables, $400 billion annual funding shortfall

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CEA concludes Brainstorming Conclave on Indian Power Sector Scenario 2047

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NHDC commissions 88 MW Solar Power Plant in Madhya Pradesh

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NHDC, a subsidiary of NHPC, has commissioned the full 88 MW capacity of the Omkareshwar Floating Solar Power Plant (FSPV) located in the reservoir of the Omkareshwar project in Madhya Pradesh.  This project, which went live on October 29, 2024, is expected to generate an annual capacity of 204.58 million units (MUs). The total project cost is Rs 5.89 billion. NHPC, India’s largest hydroelectric power developer, is also active in solar and wind energy through…

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Rajasthan and UAE sign MoU for Rs 3 trillion investment in 60 GW RE projects

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The Rajasthan government has signed a memorandum of understanding (MoU) with the United Arab Emirates (UAE) for an investment of Rs 3 trillion to develop renewable energy projects with a combined capacity of 60 GW in solar, wind, and hybrid energy across western Rajasthan.  The UAE will appoint a qualified developer to manage project governance and administration, ensuring efficient and swift implementation.

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NLC commissions 10 MW solar power plant in Neyveli

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