SolarQuarter Global

Empowering India’s Renewable Future: NTPC Limited and LWP Biocoal’s Indigenous Torrefaction Plant Revolutionizes Biomass-Based Energy Production NTPC’s R&D unit, NETRA, in partnership with the Government of India-registered startup LWP Biocoal LLP, has successfully developed and commissioned a 10-ton-per-day Integrated Torrefaction and Pelletization Plant. This facility aims to demonstrate indigenous technology and promote the domestic production of torrefied pellets, which are crucial for sustainable energy generation in India. The push for agricultural residue-based biomass co-firing, recognized by the UNFCCC as a carbon-neutral solution for reducing greenhouse gas emissions, has been a key area of development. In support of this, the Ministry of Power launched the ‘National Mission on Use of Biomass’ in May 2021, targeting the use […] Read the full story here: https://lnkd.in/d429NFXK #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #india #lwpbiocoal #ntpc #renewableenergy #sustainable

TATA Power Reports Record PAT Growth for 20th Consecutive Quarter, Driven by Expansions in Solar, Transmission, and Renewables Tata Power, India’s leading integrated power company, has reported its 20th consecutive quarter of profit after tax (PAT) growth. For Q2 FY25, the company achieved a record PAT before exceptional items of ₹1,533 crore, marking a 51% year-on-year increase. Consolidated EBITDA also surged by 23% to ₹3,808 crore, attributed to expansion in solar manufacturing, favorable regulatory developments, and operational efficiency across various sectors.During H1 FY25, Tata Power registered its highest-ever revenue, EBITDA, and PAT before exceptional items at ₹32,057 crore, ₹7,158 crore, and ₹2,721 crore, respectively. Dr. Praveer Sinha, CEO and MD of Tata Power, attributed the continued growth to […] Read the full story here: https://lnkd.in/d32daFhE #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #finance #india #renewableenergy #solarenergy #tatapower #transmission

AMAALA Multi-Utilities Infrastructure Secures $1.5B Financial Close, Paving the Way for 100% Renewable Luxury Tourism in Saudi Arabia In a landmark development for sustainable tourism, the consortium led by EDF Group and Masdar, alongside Korea East-West Power Co. (EWP) and SUEZ, has achieved financial close for the multi-utilities infrastructure project at AMAALA, a wellness-focused luxury destination on Saudi Arabia’s Red Sea coast. The project, developed by Red Sea Global, carries a build cost of approximately $1.5 billion and is set to welcome guests in 2025. This significant financial milestone was reached through collaboration with a blend of local and global financial institutions, including First Abu Dhabi Bank (FAB), Emirates NBD, Riyad Bank, Saudi National Bank (SNB), and Alinma […] Read the full story here: https://lnkd.in/dhC_Vs6V #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #amaala #cleanenergy #finance #middleeast #renewableenergy #saudiarabia

RWE Expands Solar Capacity in Poland with New Borek Project, Providing Green Energy for 10,500 Households RWE is expanding its solar operations in Poland. After commissioning its first solar farm from a pipeline exceeding 100 MWac in June, the company has begun construction on another utility-scale project. The Borek solar project, located in Deszczno (Lubuskie voivodeship) in Midwestern Poland, will feature around 40,000 ground-mounted photovoltaic panels. This project includes three solar farms with capacities of 10 MWac, 10 MWac, and 4 MWac, totaling 24 MWac. Once operational, these solar farms will provide green electricity to approximately 10,500 Polish households each year. Katja Wünschel, CEO RWE Renewables Europe & Australia: “Solar power plays an increasing key role […] Read the full story here: https://lnkd.in/gG34bmSM #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #europe #poland #renewableenergy #renewableenergy #rwe #solarenergy

Scatec ASA Finalizes Financial Close for 103 MW Mogobe Battery Energy Storage System, Set to Begin Construction Scatec ASA, a leading provider of renewable energy, has successfully reached financial close on the Mogobe battery energy storage system (BESS) facility, which has a capacity of 103 MW / 412 MWh. The company is now finalizing preparations to commence construction of the project. The Mogobe BESS has been awarded a 15-year power purchase agreement (PPA) as part of the first bid window of South Africa’s Battery Energy Storage Independent Power Producer Procurement Programme (BESIPPPP). Under this agreement, Scatec will receive payments for making the storage capacity available to the National Transmission Company of South Africa (NTCSA), which will use […] Read the full story here: https://lnkd.in/dkgAbTF9 #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #batteryenergystorage #mogobe #renewableenergy #renewableenergy #scatecasa #solarenergy #southafrica

EIB and Iberdrola Partner on €120 Million Loan to Accelerate Renewable Energy Innovation and Decarbonization Efforts The European Investment Bank (EIB) has signed a €120 million loan agreement with Iberdrola to support energy technology research and innovation projects aimed at accelerating the electrification and decarbonization of the economy. The total investment for this initiative amounts to €250 million. The EIB funding will enhance innovation in renewable energy technologies, including solar photovoltaic, hydro, and wind power, as well as hybrid and agrovoltaic projects. It will also focus on developing technologies for demand decarbonization, such as green hydrogen and heat pumps. Additionally, new solutions will be explored to facilitate the integration and management of renewable energy, improve storage […] Read the full story here: https://lnkd.in/dHzE4AQG #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #eib #europe #iberdrola #renewableenergy #renewableenergy #solarenergy

Hopewind Grid-Connected a 1.35 MW Ground-Mounted Solar Plant In Gujarat Gujarat, India, October 31, 2024 — Hopewind, a global leader in renewable energy solutions, has successfully grid-connected a 1.35 MW solar plant at a textile factory in Paldi Kankaj, Gujarat. This project marks a significant milestone in the company’s efforts to expand its footprint in the Indian renewable energy market. The solar installation features 9 units of Hopewind’s state-of-the-art hopeSun 110KTL inverters. Engineered for optimal performance, these inverters utilize four Maximum Power Point Tracking (MPPT) inputs and achieve a maximum efficiency of 98.6%, with an input current capacity of up to 20A. Since their introduction, these inverters have received widespread […] Read the full story here: https://lnkd.in/dypgev2p #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #asia #gujarat #hopewind #india #renewableenergy #solarenergy #solarplant

PXIL Conducts Successful REC Trading Session for October 2024 PXIL successfully held its second REC trading session for October 2024, in compliance with the CERC’s directive in Order of Petition 379-MP-2024. This marked the 14th session for FY 2024-25 and the 35th auction session under the Central Electricity Regulatory Commission (CERC) Regulations for Renewable Energy Certificates, which took effect on December 5, 2022. During this session, a total of 199,000 RECs were transacted, following the availability of over 4.6 million RECs in the market prior to the auction. The trading occurred under the guidance of the Hon’ble Delhi High Court, which, in its Daily Order dated May 11, 2023, […] Read the full story here: https://lnkd.in/daFp7B9k #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #auction #cerc #pxil #renewableenergy #renewableenergy #solarenergy

TotalEnergies ENEOS Launches Thailand’s First Floating Solar PV System with S. Kijchai Enterprise TotalEnergies ENEOS has successfully installed a 1.8 megawatt-peak (MWp) floating solar photovoltaic (PV) system in Thailand, collaborating with S. Kijchai Enterprise, a local manufacturer of wood-based panels. This marks the second PV system TotalEnergies ENEOS has installed for S. Kijchai in four years and their first floating solar project in the Asia Pacific region. The new solar PV system features over 3,000 modules and is expected to generate approximately 2,650 megawatt-hours (MWh) of renewable electricity annually. This will reduce S. Kijchai’s carbon footprint by about 1,125 tons of CO2 emissions, equivalent to planting around 16,800 trees. Under a long-term Power […] Read the full story here: https://lnkd.in/drAVVPqd #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #asia #renewableenergy #renewableenergy #s.kijchai #solarenergy #thailand #totalenergies

Meta and ENGIE North America Partner to Deliver 260 MW of Renewable Energy from New Texas Solar Project ENGIE North America (ENGIE) and Meta have finalized an Environmental Attributes Purchase Agreement (EAPA) for ENGIE to provide 260 MW of renewable energy, along with associated environmental attributes, from its Sypert Branch solar project in Milam County, Texas. This agreement will help support Meta’s expanding energy requirements as it strives to meet its net zero goals. Meta will purchase the entire output of the 260 MW facility, which is set to begin operations in late 2025. The Sypert Branch solar project, located 70 miles northeast of Austin and about 10 miles from Meta’s data center in Temple, TX, will be […] Read the full story here: https://lnkd.in/dR33nafT #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #america #engie #meta #northamerica #renewableenergy #renewableenergy #solarenergy #unitedstates