News

PH approves expanded capacity for Alternergy’s Tanay Wind Project

Sixteen wind turbines will be installed following the approval.

India’s coal production up nearly 8% in October 2024

Coal dispatches also surpassed last year's data.

Renova bags 20-year VPPA for solar power

This will involve 18 MW of solar energy.

India, Saudi Arabia explore clean hydrogen partnership

They will also work on other fields such as mining.

NMDC, Vingroup to develop offshore wind in Vietnam

Other renewable energy sources will also be developed.

Squadron bags planning approval for NSW wind farm

Nearly 400,000 homes will benefit from this.

Smart grid funding fell by 33% in in the first nine months of 2024

However, venture capital funding increased by 13% YoY. 

PLN, HydroWing to develop Indonesia’s first tidal energy plant

This builds on the 2022 deal to accelerate the country’s tidal energy.

Energy storage funding up 15% in 9M

Meanwhile, venture capital funding for energy storage firms fell.

Tata Power, IndusInd Bank to offer solar financing for MSEs

Loans will range from INR10 lakhs to INR2 crores.

Hybrid solar project in Turfan completes first phase

With this development, Turfan will surpass 10 billion kWh in annual new energy generation.

EMA, ENEC to develop Singapore’s nuclear capabilities

They will look into emerging technologies and human resource development amongst others.

Asia faces uphill battle balancing energy demand with net-zero goals

There will be a 33% rise in energy demand by 2030 in Asia-Pacific.

RE projects need debt financing, not grants: IREDA

The agency also assured it has a comprehensive approach to project funding.