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Battery storage critical for India’s shift from coal, renewable capacity lags behind

India, News

India’s transition to renewable energy is encountering significant obstacles, according to a new report by Zero Carbon Analytics, as the country strives to meet its ambitious target of 500 GW of non-fossil fuel capacity by the early 2030s. Although renewable energy investment reached USD 12.4 billion in 2023, it is far from the USD 200 billion needed to achieve this goal. To stay on track, India needs to add 300 GW of new renewable capacity…

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STMicroelectronics signs PPA with BKH Solar for Malaysian operations

Global, News

STMicroelectronics has signed a 21-year power purchase agreement with BKH Solar, a joint venture between ENGIE Renewable SEA Pte Ltd and Conextone Energy Sdn Bhd, to procure around 50 GWh of renewable energy annually from a solar farm in Bukit Kayu Hitam, Kedah, Malaysia.  This agreement, under Malaysia’s Corporate Green Power Program, supports ST’s 2027 targets for carbon neutrality and full renewable energy sourcing across its operations, including its high-volume test and assembly facility in…

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Ireland’s EirGrid awards contracts for renewables integration technologies

Global, News

Ireland’s electricity grid operator, EirGrid, has awarded contracts for the deployment of synchronous condensers to support the integration of renewable energy and maintain grid stability as Ireland transitions to cleaner energy sources.  These contracts for low carbon inertia services (LCIS) will help balance the grid by providing 6,963 MVA of synchronous inertia, reactive power support, and short-circuit strength without generating active power. The contracts were awarded to Quarry Lane Stability in Sligo and Glencloosagh Energy…

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Greenzo Energy secures EPC contract for 120 MW solar project in Nepal

India, News

Greenzo Energy, a comprehensive green hydrogen and renewable energy solutions provider, has won an engineering, procurement, and construction (EPC) contract for a 120 MW ground-mounted solar project in Nepal.  Valued at Rs 5 billion, this contract boosts Greenzo’s order book to Rs 19 billion. Scheduled for phased completion by 2025, the project will consist of 12 clusters, each with a 10 MW solar installation. The project includes an advanced high-tension transmission line connecting directly to…

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DGTR for anti-dumping duty on certain type of solar glass from China, Vietnam

India, News

The Directorate General of Trade Remedies (DGTR) has proposed an anti-dumping duty on imports of textured tempered glass (TTG), commonly used in solar panels, from China and Vietnam.  This duty, recommended at the lesser of the dumping margin or injury margin, aims to protect the domestic industry from harm due to underpriced imports. The final decision will be made by the Ministry of Finance following a 30-day feedback period and subsequent oral hearings. The DGTR’s…

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ACME Solar and Hexa Climate Solutions win bids for NTPC’s FDRE projects

India, News

ACME Solar Holdings and Hexa Climate Solutions have secured contracts for 400 MW and 300 MW firm and dispatchable renewable energy (FDRE) projects, respectively, as part of a 760 MW bid invited by NTPC.  Industry sources report that ACME Solar won its capacity at a tariff of Rs 4.69 per unit, while Hexa Climate Solutions secured 300 MW through a reverse auction. Avaada Energy Pvt Ltd won the remaining capacity in the bid, which opened…

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Tata Power to invest Rs 5.5 billion in renewable energy for Noida Airport

India, News

Tata Power has committed Rs 5.5 billion towards establishing solar and wind power capacities to supply clean energy to Noida International Airport (NIA) in Uttar Pradesh.  The company has signed two power purchase agreements with NIA, supporting the airport’s sustainable energy infrastructure. Through its subsidiary, Tata Power Trading Company (TPTCL), Tata Power will provide 10.8 MW of wind energy, while Tata Power Renewable Energy (TPREL) will develop, operate, and maintain a 13 MW onsite solar…

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EWEC receives three bids for 1,500 MW Khazna Solar PV project in Abu Dhabi

Global, News

Emirates Water and Electricity Company (EWEC) has received three bids for its new 1,500 MW Khazna Solar Photovoltaic (PV) Independent Power Project in Abu Dhabi.  The bidders include ENGIE, a consortium led by EDF Renewables and Korea Western Power (KOWEPO), and a joint consortium of Jinko Power and JERA. The Khazna project is expected to reduce Abu Dhabi’s carbon emissions by over 2.4 million tonnes annually, contributing 5 percent toward EWEC’s targeted 36 percent reduction…

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Masdar, Sarawak Energy, and Gentari explore floating solar plant in Malaysia

Global, News

UAE’s Masdar has entered a joint study agreement with Sarawak Energy and Gentari to evaluate the feasibility of a floating solar power plant at the Murum Hydroelectric Plant reservoir in Sarawak, Malaysia. The study will assess the technical feasibility, environmental impact, and economic viability of the project. If implemented, the floating solar plant would strengthen Sarawak’s renewable energy capacity and set a regional example for floating solar solutions.  Sarawak Energy Group CEO Datuk Sharbini Suhaili…

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Waaree Energies secures 180 MWp solar module supply order

India, News

Waaree Energies has secured an order to supply up to 180 MWp of solar modules to a prominent renewable energy developer in India.  Deliveries are set to begin at the end of November 2024 and conclude by the fourth quarter of fiscal year 2025.  This contract underscores Waaree’s role in advancing India’s renewable energy infrastructure.