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2024-11-25
ReNew Q2 Profit up 31% YoY
ReNew Energy Global (ReNew) has reported a total income (or total revenue) of INR 29,887 million ($357 million) and net profit of INR 4,939 million ($59 million) for the second quarter of FY 2024-25.ReNew Energy Global (ReNew), a Nasdaq-listed decarboniza
Photovoltaic （PV）
2024-11-25
Socomec Crosses 50 GW of PV Disconnect Switch Installations in India
Socomec India has hit the milestone of supplying its photovoltaic (PV) disconnect switches for over 50 GW of solar installations in India.Socomec India, a power management solutions provider, has hit the milestone of supplying its photovoltaic (PV) discon
India
2024-11-25
Adani Calls Us Allegations ‘Baseless,’ to Seek All Possible Legal Recourse
The Adani Group has termed the US allegations of bribery for solar contracts ‘baseless’ and added that it will seek all possible legal recourse.The Adani Group has issued a media statement in response to the news about Gautam Adani ind
India
2024-11-25
India Installed 16 GW of Solar in First Nine Months of 2024, Says Mercom
The solar addition in the Jan.-Sep. period of 2024 topped all previous nine-month and annual installations.India installed solar projects totaling 16.4 GW in the first nine months (9M) of the calendar year (CY) 2024, an increase of over 167% compared to 6
Solar Panel
2024-11-25
Ecoprogetti Delivers 300 MW Solar Panel Production Line to SAEL
SAEL’s production line from Italy’s Ecoprogetti is equipped to produce double-sided glass-glass solar panels using TOPCon M10 cells.Italy’s Ecoprogetti has delivered its state-of-the-art glass-glass solar panel production lin
Oil & Gas Trade
2024-11-23
OPEC+ Appears Set to Hold Its Next Key Meeting on Output Online
OPEC+ delegates said they assume next month’s meeting on plans to restore oil production will be held online, rather than at their Vienna headquarters as originally planned.Several members said they haven’t yet received invitations for
Oil & Gas Trade
2024-11-23
India Is Leading Source Of Oil Demand Growth In EIA Forecast
In its latest short term energy outlook (STEO), which was released recently, the U.S. Energy Information Administration (EIA) said India has emerged as the leading source of growth in global oil consumption in its forecast.Over 2024 and 2025, India accoun
COP29
2024-11-23
COP29 Climate Financing Negotiations in Stalemate
The COP29 United Nations climate change conference went into a stalemate on Friday, its scheduled conclusion date, with key concerns from developing countries largely unaddressed.A key task of the UN gathering, which kicked off on Nov 11 in Baku, Azerbaij
Wind Power Project
2024-11-23
SRE, MWE Partner for 840MW Korean Array
[Image: reNEWS]Developer Synera Renewable Energy Group (SRE) has formed a joint venture named Moondo Offshore Wind Energy with Moondo Wind Energy (MWE) to develop an 840MW offshore wind project in the South Sea of Korea.The partnership marks the group&
Geothermal Power Project
2024-11-23
Indonesia Aims to Shorten Geothermal Permit Process to Just Five Days
Efforts are underway to shorten the processing time for geothermal project permits in Indonesia from the current 18 months to only five days.Speaking at the 2024 EGS Symposium in Jakarta, Director General of New Renewable Energy (EBTKE) of the Ministry of
Turkey
2024-11-23
Türkiye Implements 25% Foreign Capital Increase for Geothermal Pre-license Holders
The Energy Market Regulatory Authority of Türkiye has implemented a 25% capital increase from foreign investment for pre-license holders of geothermal energy projects.The Energy Market Regulatory Authority (EMRA) of Türkiye, through its
China
2024-11-23
Taiwan Targets Deployment of 20 Geothermal Exploration Teams in 2025
Taiwan’s Ministry of Economic Affairs has announced plans of deploying 20 teams for deep geothermal exploration towards a 1-GW installed capacity goal by 2028.The Ministry of Economic Affairs of Taiwan announced that it is targeting the deployme
Energy Storage Project
2024-11-23
Envision Completes Testing of World’s Largest Grid-Forming Energy Storage Platform
China-based Envision Energy says that its 5.5 MW /14 MWh grid forming energy storage demonstration platform is the first and biggest single-unit grid-forming energy storage system globally to receive certification under rigorous, full-scenario testing sta
Offshore Wind Power
2024-11-23
Synera Enters South Korean Offshore Wind Market
Taiwan-based Synera Renewable Energy (SRE) has joined forces with Moondo Wind Energy (MWE) to develop an offshore wind project in the South Sea of South Korea.The two companies have formed a joint venture called Moondo Offshore Wind Energy. This marks Syn
Electric Vehicle Battery
2024-11-23
Honda Unveils Demonstration Production Line for All-Solid-State Batteries
Honda Motor unveiled the demonstration production line for all-solid-state batteries, which is being developed independently by Honda toward mass production.The line was constructed on the property of Honda R&D Co., Ltd. (Sakura), located in Sakura Ci
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Italy Allocates 1.72 GW in Rooftop PV Tender for Agricultural Firms
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Reduce Carbon Emissions! South Korea to Convert 1.18 Million Tons of Livestock Manure into Solid Fuel for Power Generation by 2030
