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Abu Dhabi National Oil Co (Adnoc) has authorized a deal with a local energy to provide as much as 100% of its power grid with nuclear and also solar energy resources. The supply bargain, launched by the state media office, follows the United Arab Emirates announcing this month intends to accomplish internet absolutely no emissions by 2050.

The firm has begun the construction of the 500 MW of solar plant, which is expected to be appointed in the next 9 months. The project looks for to offset the power requirements of 50% for company clients as well as 50% for utility projects.

The trend will be sustained via strong demand, favourable policies, most likely enhancement in power efficiency, and also price competitiveness, claims CRISIL. Besides, with the federal government supporting domestic manufacturers with policy measures, their competitiveness relative to the Chinese is anticipated to boost.

Indian state-run hydropower firm SJVN is intending to deploy 10GW of solar PV in Rajasthan over the next five years via a INR50,000 crore (US$ 6.7 billion) financial investment.

A wind-solar hybrid power plant in Jaisalmer, Rajasthan, with a 600 MW of capacity has actually been commissioned by Adani Green Energy (AGEL). The hybrid power project has been developed by 2 subsidiaries, Adani Hybrid Energy Jaisalmer 2 as well as Adani Hybrid Energy Jaisalmer 3. With Solar Energy Corporation of India (SECI), Adani had actually become part of a power acquisition agreement (PPA) for 25 years at a rate of 2.69 rupees per kWh.

The Sri Lankan Government is mulling over releasing rooftop photovoltaic panels on government buildings and religious locations to relieve the electricity tariff. In July, 2021, India had actually signed a contract with Sri Lankan Government to expand a USD 100 million Line of Credit (LOC) to Sri Lanka for various solar power projects.

Yinson will certainly pay Rs 554 million (RM32 million) for the risk, as well as added financing of Rs 600 million (RM35 million) to pay off specific superior obligations of the Indian independent power manufacturer which has 2 plants in Bhadla Solar Park.

French international power firm Total S.A. (Total) has actually spent regarding Rs 3,707 crore, with its step-down subsidiary, to create 50:50 joint endeavor (JV) with Adani Green Energy Ltd (AGEL), the renewable resource arm of empire Adani Group.

This Power Purchase Agreement to acquire 5.5 MW is part of the GermanTechnology Group SCHOTT's international dedication to achieve climate neutrality by 2030 The Agreement is signed for twenty years, which will dramatically minimize carbon emissions in an otherwise energy-intensive glass manufacturing center.

The Kailash Cancer Hospital and Research Centre positioned at Muni Seva Ashram in Goraj has actually mounted the solar concentrator called Bigdish. The solar concentrator is to create adequate heavy steam that will assist the hospital chef 2,000 meals daily besides, laundry and also sterilization services.

Husk Power Systems raises $103 million to expand their award-winning mini-grids to India, Nigeria, DRC, and other African countries. Solar and battery mini-grids will bring affordable, reliable power to households and small businesses. STOA Infra & Energy SAS leads investment round.

Emmvee, an Indian solar module maker, has won a contract to supply 300 MWp of its Bifacial MonoPERC Solar panels for a 240-MW solar plant in Gujarat. The project will power the state electricity regulation board and is set to be completed by May 2025. Emmvee is also expanding its manufacturing capacity with a new 1.5-GWp cell line.

Jupiter International secures INR 5 billion to boost solar cell production, advancing India's renewable energy goals and reducing import reliance.

DGTR has actually advised the continued charge of the safeguard responsibility on import of solar cells for one more year to shield domestic producers

GIC mulls stake sale in Greenko Energy, valued at $5 billion, sparking interest from global investors in India’s booming clean energy market.