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Alcazar Energy acquires rights for 968MW of renewable projects in Serbia

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Sustainable infrastructure fund Alcazar Energy Partners has signed agreements with RP Global to acquire rights for 968MW of renewable energy projects in Serbia. The deal includes Project Celzijus 1, a 200MW onshore wind farm, and a pipeline of 768MW in wind and solar projects. Project Celzijus 1, located in the Western Balkans, is set to cost $300 million and create 800 jobs during construction. The wind farm will generate clean energy to power over 31,000…

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MNRE launches ‘Innovative Projects’ scheme under PM-Surya Ghar

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The Ministry of New and Renewable Energy (MNRE) has introduced Scheme Guidelines for ‘Innovative Projects’ under the PM-Surya Ghar: Muft Bijli Yojana, as notified on October 8, 2024. This initiative aims to foster advancements in rooftop solar technologies, business models, and integration techniques with a budget of Rs 50 billion. The scheme will support startups, institutions, and industries in piloting new concepts such as blockchain-based peer-to-peer solar trading, smart materials, and solar integration with electric…

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Sterling and Wilson reports record Rs 1,050 billion order book

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Sterling and Wilson Renewable Energy Ltd (SWREL) has reported its highest-ever outstanding order book, exceeding Rs 1,050 billion as of October 14, 2024.   In Q2 FY25 (July to September), SWREL recorded an order inflow of approximately Rs 205 billion, including an Rs 82.3 billion order received on October 14. All orders were from the domestic market.

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Oriano Clean Energy secures 184 MWp solar contract in Madhya Pradesh

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Oriano Clean Energy, a leading solar development and EPC company in India, has been awarded a contract to build 184 MWp of solar PV projects in Agar, Malwa, Madhya Pradesh, by Blueleaf Energy, a prominent pan-Asian renewable energy platform. This contract is part of the solar component of Blueleaf Energy’s Pachora Hybrid Power Project. With this new project, Oriano’s EPC portfolio now stands at over 1.5 GWp, with 1 GWp already commissioned and the rest…

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Husk Power Systems and AEDC partner to bring solar-powered minigrid to Nasarawa, Nigeria

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Husk Power Systems, Abuja Electricity Distribution Plc (AEDC), and the Duduguru community in Nasarawa State, Nigeria, have signed a partnership agreement to deliver sustainable, affordable, and reliable energy through interconnected minigrids (IMGs). The solar-powered minigrid in Duduguru, located in Obi Local Government Area, will provide 656 kW of daily energy supply to approximately 1,000 customers, 80% of whom are households and 20% micro, small, and medium-sized enterprises (MSMEs). Husk, which operates more than 40 isolated…

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ICMR partners with NTPC Vidyut Vyapar Nigam to promote solar energy in healthcare research

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The Indian Council of Medical Research (ICMR) has signed a Memorandum of Understanding (MoU) with NTPC Vidyut Vyapar Nigam (NVVN) to harness solar power for its institutes across India. This initiative aligns with the Prime Minister’s “Atmanirbhar Bharat” vision and supports India’s renewable energy goals. NVVN will install, test, and maintain rooftop solar panels at 15 ICMR institutes, with a total capacity of 4,559 KW. The project includes a 25-year Power Purchase Agreement (PPA) offering…

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SolarfiX India ropes in Japan-based Kanemasa for solar module manufacturing in India

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SolarfiX India has signed an agreement with Japan-based Kanemasa to develop 10 GW of solar module capacity in India by 2030. The capacity will be rolled out in phases across states such as Uttar Pradesh, Maharashtra, Tamil Nadu, and Rajasthan. Kanemasa will act as the technology partner, providing advanced solar tracker systems to optimize energy generation. The memorandum of understanding was signed at the Renewable Energy India (REI) Expo 2024. SolarfiX CEO Anket Kapoor highlighted…

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Investment Opportunities for Utility-Scale Solar and Wind Areas in Mali

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The International Renewable Energy Agency (IRENA) has conducted a thorough zoning assessment to identify the most promising regions in Mali for the development of utility-scale solar photovoltaic (PV) and onshore wind projects. This assessment serves to inform potential investors, policymakers, and developers on optimal locations, considering both technical feasibility and economic viability. The results are crucial for Mali’s renewable energy future, particularly as it looks to enhance its electricity supply and contribute to global climate…

Key Power Sector News Roundup for September 26, 2024

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MERC approves MSEDCL’s procurement of 5,991 MW solar power The Maharashtra Electricity Regulatory Commission (MERC) approved MSEDCL’s procurement of 5,991 MW solar power under Mukhyamantri Saur Krushi Vahini Yojana 2.0. The Rs 3.10 per kWh ceiling tariff ensures competitive pricing. This initiative aims to solarize 30% of agricultural feeders by 2025, helping meet rising renewable purchase obligation (RPO) targets and easing Koyna hydroelectric plant’s peak demand. Zelestra signs 450 MW solar power supply agreement with…

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US Bureau of Land Management progresses 6.2 GW solar projects

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The Bureau of Land Management (BLM) is inviting public review and comments on the draft environmental impact statement and resource management plan amendment for the proposed Esmeralda 7 Solar Project in Esmeralda County. If approved, the seven adjacent solar photovoltaic projects would produce up to 6.2 GW of clean electricity, sufficient to power around 1.6 million homes, according to the EPA Calculator. The BLM evaluated the environmental effects of these projects collectively within a 118,000-acre…