Bond payment defaults and renegotiations of wind and solar power projects are proving to be a challenge in India. Even as the Indian renewable energy sector struggles with these stressful developments, a number of large and ‘well-backed’ companies are receiving additional funds for further expansion of operations. Greenko Energy Holdings … [continued]
The Abu Dhabi Future Energy Company, better known as Masdar, announced last week that it has signed a Memorandum of Understanding (MoU) with the Armenian National Interests Fund (ANIF) to explore collaborating on 200 megawatt (MW) of solar PV, 200 MW of onshore wind, and another 100 MW of floating solar PV.
A large number of project developers have shown interest in the upcoming 2 gigawatt tender in Abu Dhabi, likely setting the stage for yet another record-breaking tariff bid.
The virtual battle of being the solar power leader between Dubai and Abu Dhabi has reaped immense benefits to the Unites Arab Emirates. For the time being, Abu Dhabi seems to have taken the lead in terms of overall solar power capacity operational with the commissioning of what the city claims to be the largest single-site solar power project.
One of India’s leading renewable energy project developers has achieved a major milestone in implementation of two ambitious energy storage projects in the states of Andhra Pradesh and Karnataka.
One of India’s largest renewable energy generation companies plans to raise fresh equity funding through a rights issue.
Within days of Abu Dhabi issuing an Expression of Interest for 2 gigawatts of capacity for a new solar power park, Dubai has issued a tender for the fifth phase of its Mohammed Bin Rashid Al Maktoum Solar Park.
In the coming few months, the Abu Dhabi will again become the center of attention as it will likely receive another record-low tariff bid for a recently issued expression of interest (EoI) for mega solar power project.
Abu Dhabi has commissioned the world’s largest energy storage battery, a 108 MW/648 MWh monster that uses sodium sulfur technology instead of conventional lithium-ion cells.
The Electric Vehicle Road Trip (EVRT) was created with the simple goal of raising awareness of electric vehicles by touring them around various parts of the world where EVs are not finding traction. The oil- rich Middle East is one such region — which should come as no surprise, since oil is providing the economic fuel for much of the region.
