The 25 MW solar project acquired by Torrent Power benefits from a a 25-year power purchase agreement with Gujarat Urja Vikas Nigam Ltd. Reliance New Energy Solar Ltd, a wholly-owned unit of Reliance Industries Ltd, now holds 40% of the total paid-up equity share capital of...
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Electric vehicles, both fully electric and plug-in hybrid EVs, look set to become dominant in new car sales within years in many parts of the world, but overall changes to car fleets face significant inertia. What impact will this have on the future grid, and...
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The U.S. Department of Energy’s Ames Laboratory launched a new catalyst based on nitrogen and carbon to extract hydrogen from hydrogen storage materials at mild temperatures and under normal atmospheric conditions. Furthermore, South African President Cyril Ramaphosa said that the country is working on attracting...
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The Dept. of Energy (DOE) will provide $2.91 billion to boost production of advanced batteries used in stationary energy storage and electric vehicles, as directed by the Bipartisan Infrastructure Law. DOE intends to fund battery materials refining and production plants, battery cell and pack manufacturing...
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Through a unanimous vote, the Minnesota Public Utilities Commission (PUC) issued an order in Xcel Energy’s 2020 Integrated Resource Plan (IRP). The decision includes a target of 2.5-GW of new solar by 2030, a requirement that Xcel Energy establish a stakeholder group to address energy...
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The developer’s three arms, which correctively have 930 MW of operational solar power projects, have raised INR 612.30 crore (US$81.96 million) through their maiden domestic bond issuance. The proceeds will be utilized to part-refinance existing rupee term loan bearing higher interest cost.
Adani Green Energy today...
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