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.
The Union Cabinet has approved India’s participation in the International Energy Efficiency Hub, a global platform aimed at promoting energy efficiency through collaboration. The Energy Efficiency Hub, established in 2020 as a successor to the International Partnership for Energy Efficiency Cooperation (IPEEC), brings together governments, international organizations, and private sector entities to share expertise and best practices. Sixteen countries, including the US, UK, China, and Germany, have already joined the Hub. India’s Bureau of Energy…
Engie North America has entered into a power purchase agreement (PPA) with Google to supply renewable energy from its 200 MW Chillingham solar project in Bell County, Texas. This 90 MW PPA will support Google’s 24/7 carbon-free energy goal by powering its Texas operations with clean energy. The agreement, facilitated by LevelTen Energy’s LEAP program, aims to streamline clean energy PPA sourcing for corporate buyers like Google. Expected to come online in late 2024, the…
Premier Energies International Private Limited, a subsidiary of Premier Energies Limited, has entered into a module supply agreement (MSA) with BN Hybrid Power-1 Private Limited, a special purpose vehicle of BrightNight India. Under this agreement, Premier Energies will supply 173.35 MWp of solar modules featuring Topcon technology for BN Hybrid Power-1’s 300 MW renewable energy project in Barmer, Rajasthan. The supply of these modules is set to begin in July 2025.
Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) has issued a tender to establish a 500 MW/1,000 MWh battery energy storage system (BESS) with an additional greenshoe option of 500 MW/1,000 MWh. The deadline for bid submissions is December 16, 2024. The capacity will be distributed across multiple sites, including the Giral Lignite Power Project in Barmer, the Suratgarh Thermal Power Station, and substations in Sakatputa, Kota, and Jaipur.
Tata Power has qualified as one of the four bidders for the Eastern Region Expansion Scheme – XXXIX (ERES-XXXIX), a key interstate transmission system (ISTS) project in Odisha. Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) shortlisted Tata Power, Power Grid Corporation of India Ltd (PGCIL), Sterlite Power, and Adani Energy Solutions Ltd (AESL) under the tariff-based competitive bidding (TBCB) mechanism. The selected bidders will have their initial price bids opened, followed by…
Power Grid Corporation of India Ltd (PGCIL) has been named the successful bidder for developing a mega Inter-State Transmission System (ISTS) project utilizing HVDC technology. The project, known as the “Evacuation of power from potential renewable energy zone in Khavda area of Gujarat under Phase-V (8 GW): Part A,” will be established on a build, own, operate, and transfer (BOOT) basis. The letter of intent (LoI) was received on October 28, 2024. The project, housed…
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