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Oil giant Shell snaps up African solar provider Daystar Power
Shell is one of the most influential oil producers in Africa, but the Daystar purchase is its first power acquisition on the continent, underscoring its mandate to cut its greenhouse gas emissions in half by 2030.
ET Energy World - 2022-09-28T17:25:45+05:30
Australian state unveils $40 bln clean energy plan to slash reliance on coal
Queensland would source 70 per cent of its energy needs from renewables by 2032 and 80 per cent by 2035, versus the previous target of 50 per cent by 2030, Premier Annastacia Palaszczuk said.
ET Energy World - 2022-09-28T15:15:00+05:30
GE Renewable Energy to supply turbines to Continuum Green Energy for 218 MW projects in India
The wind farms will power various industries and commercial establishments in Tamil Nadu and Madhya Pradesh, India
ET Energy World - 2022-09-28T14:01:54+05:30
Australian state announces world's biggest pumped hydro scheme
The project, promised to be delivered by 2035, would be able to store five gigawatts of renewable energy -- more than double Australia's largest pumped hydro scheme, Snowy 2.0.
ET Energy World - 2022-09-28T14:48:00+05:30
Opinion: Next solar expansion drive needs to hit higher potential markets: Maguire
China, the United States, Japan, India and Germany together generated 67.4 per cent of all solar power in 2021, and have been among the largest solar power developers for decades.
ET Energy World - 2022-09-28T14:36:00+05:30
Saudi Arabia's wealth fund hires banks for debut green bonds
The fund, which aims to grow its assets under management to more than $1 trillion by 2025, expects to invest over $10 billion by 2026 in eligible green projects, including renewable energy, clean transport and sustainable water management, the presentation said.
ET Energy World - 2022-09-28T14:08:00+05:30
Tiny Oregon town hosts 1st wind-solar-battery 'hybrid' plant
At the Oregon plant, massive lithium batteries will store up to 120 megawatt-hours of power generated by the 300-megawatt wind farms and 50-megawatt solar farm so it can be released to the electric grid on demand. At maximum output, the facility will produce more than half of the power that was generated by Oregon's last coal plant, which was demolished earlier this month.
ET Energy World - 2022-09-28T13:22:00+05:30
Hydro policy may link free power with project progress
The draft proposal circulated among states for discussion seeks to address problems that have discouraged private investment and stagnated the capacity addition, said a government official. Time and cost overruns can raise tariffs from new hydro projects up to ₹8 per unit but with these measures the government believes a ₹4.5 per unit price may be possible.
ET Energy World - 2022-09-28T07:46:21+05:30
Inox Wind commissions India’s first 3.3MW wind turbine in Jasdan
The wind turbine has been established by wind energy solutions provider, Inox Wind. The turbine developed has a 100 metre tubular tower and 146 metre rotor blades and incurs the lowest possible cost of energy.
ET Energy World - 2022-09-28T07:36:05+05:30
Pre-duty solar projects can now pass on costs
An industry insider said this will lead to an overall 50-70 paise per unit increase in tariffs. "It is a relief in the near term as banks would fund the increased requirements of projects and capacity will start getting added," he said.
ET Energy World - 2022-09-28T07:28:46+05:30
Ukraine crisis will speed energy transition in mid-term, says renewables agency chief
Fossil fuel use could rise in the short term to secure stable supply, but risks to stability of energy supplies highlighted by Russia's invasion of Ukraine would support the global shift away from polluting fuels, Director-General Francesco La Camera said. Moscow calls its actions in Ukraine "a special operation".
ET Energy World - 2022-09-27T16:04:00+05:30
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