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Coal, lignite firms plan to install additional 5,560 MW renewable energy capacity by 2030 – EQ Mag Pro

Coal India alone has planned to install 3 GW of solar power in the next five years to achieve its net zero target. To contribute India’s commitment to increase non-fossil energy capacity to 500 gigawatt (GW) by 2030, coal and lignite companies have planned to install additional 5,560 megawatt (MW) of renewable capacity in the […]

Azelio signs order in South Africa for 8 units of its renewable energy storage TES.POD® – EQ Mag Pro

STOCKHOLM :  Azelio wins an order for 8 units with 1.3 MWh clean electricity supply of its long duration energy storage, TES.POD®, from South African-based farming company Wee Bee Ltd. The order has a value of approximately 1.2 million US dollars over 15 years including expected price increases. Azelio’s TES.POD® system in combination with solar […]

UAE’s ADNOC, TAQA to produce more than 30GW of renewable energy by 2030 – EQ Mag Pro

JEDDAH: Abu Dhabi National Oil Company (ADNOC) is launching a new venture with Abu Dhabi National Energy Company (TAQA) to create a powerhouse with capacity of at least 30 GW of renewable energy by 2030, according to the company’s statement. The new strategic partnership will focus on domestic and international renewable energy and waste-to-energy projects […]

ADB Approves New Facility to Support Pacific’s Renewable Energy Projects – EQ Mag Pro

MANILA, PHILIPPINES : The Asian Development Bank (ADB) has approved a $3 million facility to fund project preparations for ADB-supported clean energy projects in the Pacific. “This new technical assistance aims to strengthen the reliability and sustainability of the energy sector and mobilize private sector investments in clean and renewable energy,” said ADB Energy Specialist […]

Power Minister chairs meeting on action plan on implementation of 10 GW Renewable Energy Project at Leh – EQ Mag Pro

Union Minister for Power and Ministry of New and Renewable Energy, Shri R. K. Singh, reviewed the implementation of 10 GW Renewable Energy Project along with its evacuation plan yesterday here. Shri R. K. Mathur, Hon’ble LG, UT of Ladakh, Shri Krishan Pal Gurjar, Minister of State for Power, Secretary (Power), Secretary (MNRE) and representatives of […]

NREL Researchers Point Toward Energy Efficiency for Achieving 100% Renewable Grid – EQ Mag Pro

Incorporating energy efficiency measures can reduce the amount of storage needed to power the nation’s buildings entirely with renewable energy, according to analysis conducted by researchers at the U.S. Department of Energy’s (DOE’s) National Renewable Energy Laboratory (NREL). As more communities plan to eventually rely on 100% renewable energy, the researchers offer a strategy that […]

Coal Company Sees First Equity for Renewables Shift in Botswana – EQ Mag Pro

Shumba Energy secured the first equity commitments to develop an $80 million solar project in Botswana as part of the coal company’s plan to shift to renewable energy. The company’s green energy unit, Shumba Renewables, received commitments of $950,000 from international investors, Shumba Energy’s Managing Director Mashale Phumaphi said in an interview Tuesday, without disclosing […]