MIGA, ISA launch solar facility to boost solar energy in Sub-Saharan Africa
The ISA has committed $2 million in seed funding, targeting $10 million for the facility. “ISA is excited to collaborate with MIGA for providing cost-effective guarantee solutions for decentralized solar projects in Africa,” said Dr. Ajay Mathur, Director General, ISA.
India’s renewables expansion threatened by poor weather data
India needs to enhance its weather monitoring to maximize clean energy potential, according to industry leaders. Low weather station density and infrequent measurements hinder wind farm performance. Better weather modeling is crucial for optimizing renewable energy production and ensuring safety and profitability, especially as India aims to expand its renewable capacity significantly by the decade's end.
BMW plans to bring its first hydrogen car onto the market from 2028
The company said the vehicle would be an existing model with a hydrogen fuel cell drive option, without giving further details. It also did not give details on price or production volume.
PM Modi, Singapore counterpart Wong identify six pillars for bilateral cooperation and progress
Prime Minister Narendra Modi and his Singaporean counterpart, Prime Minister Lawrence Wong, expressed their appreciation for the work of their ministers in shaping a framework for bilateral cooperation, centred around six pillars sustainability, digitalisation, skills development, healthcare and medicine, advanced manufacturing, and connectivity.
India's Adani Group to raise at least $1.5 billion via dollar bonds, says Bloomberg News
The bonds would be issued mainly under Adani Green Energy and Adani Energy Solutions, the group's renewable energy and power transmission units, and through special purpose vehicles, the report said.
Rajasthan govt approves 33 pc reservation to women in Police, allocates land for development of solar energy
The Rajasthan Government led by Chief Minister Bhajanlal Sharma held a cabinet meeting at the Secretariat on Wednesday and made several important decisions, including 33 per cent reservation for women in the police department.
Alpex Solar to double solar module capacity to 2.4 GW with new Mathura plant
Alpex Solar, one of the oldest solar module manufacturers, is expanding into solar cell production to enhance its cost efficiency and profitability. Ashwani Sehgal, Managing Director of Alpex Solar, said, “We are exploring the foray into solar cell manufacturing, which may offer multiple advantages, including cost, profitability, and branding.”
India eyes pipeline network for cost-effective green hydrogen transport, study underway
In a significant move towards enhancing India's green hydrogen ecosystem, the government has launched a detailed study to evaluate the cost-effectiveness and reliability of transporting green hydrogen through dedicated pipelines from renewable energy zones to ports.
India adds 3.6 GW solar open access capacity in first half of 2024, a 153% YoY surge
The capacity added in the first half of 2024 surpassed the total annual installations of previous years, highlighting the growing demand for open access solar from industries and commercial units.
India needs to triple solar, wind capacity to 494 GW by 2030: BNEF Report
The report, released as part of the New Energy Outlook 2024, highlights the urgency of expanding renewable energy sources to meet the country's decarbonization goals and stay in line with the Paris Agreement.