Renewable Energy

India | News

India’s renewable energy capacity addition doubles to 15 GW in FY24
By December 19, 2024December 19, 2024

India has added nearly 15 GW of renewable energy capacity between April and November this financial year, almost double the 7.54 GW added during the same period last year. Speaking at the CII International Energy Conference 2024, Union Minister Pralhad Joshi highlighted India’s growing leadership in the global clean energy sector. The country’s installed non-fossil fuel capacity now stands at 214 GW, up 14 per cent year-on-year. In November 2023 alone, 2.3 GW of renewable…

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India | News

Sembcorp wins solar plus BESS project from SECI
By December 19, 2024December 19, 2024

Sembcorp Green Infra (SGIPL), a unit of Sembcorp Industries, has secured a 150 MW solar project with a 300 MWh battery energy storage system (BESS) from Solar Energy Corporation of India (SECI). SGIPL has received the letter of award (LoA) for the project. This marks Sembcorp’s first solar-BESS hybrid project in India, bringing its gross renewable capacity in the country to nearly six GW, including over two GW of greenfield projects won in 2024. The…

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Global | News

VCI Global plans 100 MW solar projects across Southeast Asia and Europe
By December 18, 2024December 18, 2024

VCI Global aims to develop and acquire up to 100 MW of solar photovoltaic (PV) projects across Southeast Asia and Europe within the next five years, generating an estimated $200 million in revenue over 20 years. The company plans to source at least 70 percent of this capacity from projects in Malaysia, leveraging government programs like the Corporate Renewable Energy Supply Scheme (CRESS). Additionally, VCI Global intends to acquire 30 MW of solar capacity in…

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Global | News

Lightsource bp begins construction on Goulburn River Woolooga BESS
By December 18, 2024December 18, 2024

Lightsource bp has commenced construction on its Goulburn River hybrid solar project and Woolooga battery energy storage system (BESS) in New South Wales and Queensland, Australia, respectively. These projects integrate solar power with battery storage to provide reliable renewable energy solutions. The Goulburn River solar farm, with a capacity of 585 MW, will generate 1.3 terawatt-hours of renewable energy annually, enough to power 225,000 homes and reduce carbon emissions by 910,000 tonnes each year. Located…

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Global | News

Qair and Etermar Energia partner to advance offshore wind in Iberian Peninsula
By December 18, 2024December 18, 2024

Independent renewable energy company Qair and Etermar Energia have signed a memorandum of understanding (MoU) to collaborate on offshore wind projects across the Iberian Peninsula. Etermar Energia signed the agreement during a visit to Qair’s Eolmed, a 30 MW floating offshore wind project in Port-La Nouvelle, France. The MoU focuses on developing floating offshore wind farms, particularly in Portuguese maritime zones. The partnership will involve component stockpiling, foundation manufacturing, logistics, and operation and maintenance services….

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Global | News

Japan unveils draft energy plan to boost renewables and nuclear power
By December 18, 2024December 18, 2024

Japan’s industry ministry has released a draft of its new basic energy plan, targeting a power generation mix with 40–50% renewable energy and 20% nuclear energy by fiscal 2040, as reported by Jiji Press via The Japan News. The draft marks a major shift from policies following the 2011 Fukushima disaster, removing language on reducing nuclear reliance. Instead, it includes strategies to rejuvenate ageing reactors and develop next-generation technologies. To meet rising power demand, driven…

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India | News

Waaree Energies secures 398 MW solar PV module orders
By December 18, 2024December 18, 2024

Waaree Energies Limited has received orders to supply solar photovoltaic (PV) modules for two projects totalling 398 MW. The orders, awarded by a prominent renewable power developer in India, include 298 MW and 149 MW of solar PV modules.

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India | News

Sukhbir Agro Energy plans 1,200 MW RE projects in Andhra Pradesh
By December 17, 2024December 17, 2024

Sukhbir Agro Energy Limited (SAEL) is planning to establish 1,200 MW of renewable energy (RE) power projects in Andhra Pradesh. The project will be developed in two phases, with each phase consisting of 600 MW.

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Global | News

EIB grants €225 million loan for Prologis solar energy project
By December 16, 2024December 16, 2024

The European Investment Bank (EIB) has approved a €225 million framework loan to Prologis to support its initiative to generate electricity from low-carbon sources. The project involves installing rooftop solar panels and battery storage systems at Prologis logistics centers across Western and Central Europe, including Germany, Belgium, Italy, France, Spain, the Netherlands, and Poland. The initiative aims to reduce carbon emissions, enhance energy security, and enable surplus energy to be stored or sold to the…

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Global | News

Hydrom and thyssenkrupp nucera collaborate on Oman’s green hydrogen expansion
By December 16, 2024December 16, 2024

Hydrogen Oman (Hydrom) and thyssenkrupp nucera have signed a Memorandum of Understanding (MoU) to advance Oman’s green hydrogen sector. The partnership will focus on exploring localisation opportunities and establishing service hubs for water electrolysers to support hydrogen production. Hydrom, the national orchestrator of Oman’s green hydrogen strategy, has designated over 2,300 square kilometres for large-scale green hydrogen projects. The company aims to build an integrated hydrogen ecosystem through strategic collaborations and market analysis.

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