TotalEnergies to invest $300 million in new joint venture with Adani Green Energy
Adani Green Energy Ltd and French company TotalEnergies have agreed to create a new 50:50 joint venture (JV) with a 1,050 MW portfolio of solar and wind assets. TotalEnergies will make an equity investment of $300 million in the JV.
SJVN tenders 1.5 GW of wind-solar hybrid power projects
Developers have until Nov. 2 to submit bids to set up 1.5 GW of wind-solar hybrid power projects on a build-own-operate basis in India.
SJVN to get PFC loan for 70% of over $14.2 billion renewables, thermal projects
SJVN is setting up renewable energy, thermal power and other projects at a total cost of about INR 118,826 crore ($14,276 million). The MoU with PFC will allow it term loan financial assistance at around 70% of the project cost.
PFC Consulting launches 1.25 GW solar tender
PFC Consulting Ltd has invited bids to develop 1.25 GW of solar projects, connected to the interstate transmission grid, on a build-own-operate basis in India. Bidding closes on Oct. 12.
Researchers claim PV near railway tracks is technically feasible
Despite soiling and mechanical stress, PV deployed between or close to rail tracks is not just a crazy idea, states a Bangladeshi-Australian research group. The scientists conducted a techno-economic analysis on a 128 kW demonstrator and found it may achieve a levelized cost of energy of only $0.052/kWh.
Fossil share in Rajasthan’s power mix drops to 50% as solar and wind surge
In Rajasthan, power generation from renewable energy sources (solar, wind, nuclear, hydro, and bioenergy) is now on par with fossil fuel-based generation.
The Hydrogen Stream: Researchers test marine green hydrogen feasibility
Mexican researchers have revealed test results for offshore wind-based hydrogen production, while Turkey has started negotiating hydrogen facility partnerships with the United Arab Emirates.
SECI tenders 1.26 GW of renewables storage
Solar Energy Corp. of India Ltd (SECI) has launched a tender to select developers for 1,260 MW of firm, dispatchable power from renewable energy projects with storage systems. Bidding closes on Nov. 10.
Hygenco, Al Jomaih Energy to jointly explore green hydrogen projects in Saudi Arabia
Hygenco develops end-to-end green hydrogen and green ammonia assets on a build-own-operate and build-own-operate-transfer basis.
REC approves over $1.1 billion in debt funding for solar-wind, pumped storage projects
The state-owned power finance company has approved a debt funding of INR 6,075 crore (around $731 million) to Greenko’s 1.44 GW pumped storage project and over INR 3,081 crore ($371 million) to Serentica Renewables’ 560 MW solar-wind hybrid project.
