Japanese company Mitsui and Philippine independent power producer Global Business Power Corp will jointly develop a 115 megawatt (MW) solar project in the Philippines. It is reported that the project will be located in the northern province of Rizal and is expected to cost ¥7 billion yen ($63.8 million). 40% of the cost will be […]
Masdar Submits Lowest Bid for Uzbekistan’s Sherabad PV Solar Project
UAE-based Masdar has submitted the lowest bid for the planned 200MW Sherabad photovoltaic (PV) solar independent power producer (IPP) project in Uzbekistan. Masdar’s bid of $cents1.8045/kWh was the only bid below $2cents/kWh. The consortium of China’s Jinko Power and China Power Holding International submitted the second lowest tariff of $cents2.1621/kWh. Saudi Arabia’s Acwa Power submitted […]
Citigroup Forms Energy Transition Group Within Investment Banking
The entity will be headed by Serge Tismen and Shail Mehta, and will focus on companies including those involved in hydrogen, charging infrastructure, carbon capture and sequestration and biofuels. NEW YORK: Citigroup Inc has created a unit within its energy investment bank dedicated to the clean energy transition, aiming to capture more business from the […]
Petition for Adoption of Tariff for Procurement of Power from 500 MW Solar PV Projects in Gujarat
In the matter of: Petition No. 1963 of 2021 Petition under Section 63 read with Section 86 (1) (b) of the Electricity Act, 2003 for adoption of tariff discovered under Competitive Bidding Process for procurement of power from Grid connected Solar PV projects in Gujarat through RfS No. GUVNL / 500 MW / Solar (Phase […]
Airports Could Produce Enough Solar Energy to Power Over 1 Lakh Homes: Study
While previous studies have deemed airports as great solar generators, the new research goes further by precisely modelling the use of large-scale systems. Airport buildings are massive construction and new research has found that these swaths of empty rooftops can be put to use. According to the study, Australia’s government-owned airports are ideal hosts for […]
Australia Chases Green Ammonia for Power in Near-Term Hydrogen Push
Australia’s national hydrogen strategy aims to place it among the top three hydrogen exporters to the Asian region by 2030. In the near term, green ammonia offers the quickest path, Taylor said Australia sees green hydrogen and ammonia for power plants as the biggest near term opportunity for developing a clean hydrogen industry in the […]
Electric Propulsion System To Power Electric Vehicles in Detroit
American Axle and Israel’s REE are set to develop the Propulsion system The propulsion system developed by American Axle & Manufacturing and Israel REE Automotive is going to power Automotive Vehicles. With an aim to deliver the vehicles by the end of the year, the electric drive units in Detroit. By integrating traditional vehicle components […]
EOI for Shortlisting of Suitable Land Banks for Implementation of 100 MW Solar PV Power Project in Chhattisgarh, India
Expression of Interest (EOI) for Shortlisting of Suitable Land Banks/Parcels for implementation of 100 MW Solar PV Power Project in Chhattisgarh, India SECI intends to develop a 100 MW (with at least 50 MW at single location) Solar PV project for South Eastern Coalfields Limited (SECL), one of the eight subsidiaries of Coal India Limited […]
Covid-19 Second Wave to Disrupt India’s Power Demand Recovery: Report
The improvement in energy demand in March and the reduced generation from hydro and renewables sources have helped the thermal plant load factor (PLF) increase to 66.5 per cent. New Delhi: The sustained pace of recovery in India’s energy demand growth witnessed over the past many months is set to be disrupted in the ongpoing […]
Vietnam could lead SE in renewable energy development: German newspaper
Vietnam will soon lead Southeast Asia in renewable energy development, Germany’s Energiezukunft highlighted in its latest article, describing the country’s energy transition as very impressive. Vietnam is experiencing a solar boom, with 11.6 GW of power of this kind added to the national grid last year, according to the International Renewable Energy Agency. Only 105 […]