Algeria’s Sonelgaz reveals prequalified bidders for 2 GW solar tender
Sonelgaz, Algeria’s state-owned utility, is seeking proposals to build 15 solar plants in 11 locations. The projects will range in size from 80 MW to 220 MW.
Aerocompact releases ‘universal’ mounting system for pitched roofs
Aerocompact, an Austrian manufacturer, has unveiled a ‘universal’ mounting system for pitched roofs that reduces assembly times by up to 40%. It features colored cover plates in red, brown, or anthracite.
Adani Green profit surges 51% YoY in Q1 FY 2024
Adani Green Energy recorded a consolidated net profit of INR 323 crore ($39.3 million) for the April-May-June period of 2023.
NTPC profit surges 9.39% YoY in first quarter
The state-owned power generator reported a net profit (profit after tax) of INR 4,066 crore ($494.34 million) in the April-May-June period of FY 2023-24.
Rays Power signs 283 MWp solar EPC contract with Serentica Renewables
Rays Power Infra has secured the engineering, procurement, and construction contract for a 283 MW DC solar PV project in Karnataka.
The Hydrogen Stream: Germany to use hydrogen ‘in all sectors’
The German authorities have announced plans to double domestic electrolysis capacity to 10 GW by 2030, BloombergNEF has reported that green hydrogen became competitive with gray hydrogen earlier than expected, and Chinese researchers have presented new research on microbial hydrogen production.
India’s installed solar power capacity surpasses 70 GW
The nation installed a cumulative solar power capacity of 70.10 GW as of June 30, 2023. Rajasthan, Gujarat, and Karnataka together account for more than 50% of the overall PV installations.
PPA prices fell 11% in Europe in May, says Pexapark
Pexapark says that prices for power purchase agreements (PPA) fell 11% in Europe in May. Germany and Spain were the largest markets for PPAs, with deals totaling 245 MW and 317 MW, respectively.
PM KUSUM scheme hits 2.45 lakh solar pumps milestone
As on June 30, 2023, around 2.45 lakh agriculture pumps have been installed or solarized under PM KUSUM (Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan) Scheme.
Going beyond renewable/non-renewable dichotomy
Scientists in India have proposed a new classification of energy sources that is intended for the adoption and definition of emerging technologies, which they said conventional taxonomies fail to achieve.
