India and Egypt talk renewable energy, green hydrogen
Hassan Allam, chief executive officer of Egypt’s Hassan Allam Holding Co., discussed cooperation with Indian companies in renewable energy and green hydrogen, during his recent meeting with India’s prime minister Narendra Modi.
ReNew Power to build $8 billion green hydrogen plant in Egypt
Developer ReNew Power has signed an agreement with the Egyptian Government to establish a green hydrogen plant in the Suez Canal Economic Zone. The $8 billion project will produce 220,000 tons of green hydrogen per year.
India again ranked the world’s most attractive solar market by Ernst & Young
The nation maintained the highest score of 62.7 for solar in the latest edition of Ernst & Young’s renewables attractiveness index. It ranked third for overall renewable energy investment.
Sterling and Wilson Solar wins INR 930-crore order in Egypt
The Indian multinational player, which has a solar engineering, procurement and construction portfolio of more than 10.6 GWp globally, says the latest addition will be among Egypt’s largest PV projects.
IRENA presents $2tn plan to drive 5.5m renewables jobs by 2023
Doubling down on renewable energy investment and energy transition spending is required to ensure a truly green global recovery from the Covid-19 crisis and its economic aftershock, claims the International Renewable Energy Agency.
L&T bags 500 MW solar EPC contracts
Larsen & Toubro has secured EPC orders totaling 500 MW grid-connected solar capacity, in addition to significant contracts in India and overseas for power transmission and distribution.
UK university to research solar-powered cold chains for Indian agriculture
The University of Birmingham is a research partner on the Solar Cooling Initiative of International Solar Alliance that aims to spread the use of solar and solar-hybrid energy in agriculture.
The long read: The untapped potential of the MENA region
The region’s climate, developing economies and demographic growth are driving increased electricity demand in the Middle East and North Africa. However, as a hub of conventional energy supply, the region has been slow to embrace PV. To capture more of the value chain and deliver the full potential of solar, there are increasing calls for distributed generation deployment to play a bigger role.
This year could see a reckoning for ultra-mega PV projects
The fate of the clutch of 500 MW-plus projects due to break ground this year could determine whether such ambitious schemes have a viable future, says Wood Mackenzie in its solar 2019 forecast. And the Indian market should brace for consolidation, add the analysts, because of aggressive reverse-auction tariff pricing.
