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Renewable Energy

Morgan Stanley suggests Gas-based power generation to go up

According to Multinational Investment Bank Morgan Stanley, power generation from gas-based plants is expected to grow at 9% CAGR vis-à-vis the overall demand growth of 4.5% for the next 5 years. A lot of it can be attributed to...

Morgan Stanley report suggests Gas-based power generation to go up

According to Multinational Investment Bank Morgan Stanley, power generation from gas-based plants is expected to grow at 9% CAGR vis-à-vis the overall demand growth of 4.5% for the next 5 years. A lot of it can be attributed to...

India approves multi-billion-dollar financing to support domestic solar and battery manufacturing

India’s government has agreed on a financing package that includes INR45 billion (US$603 million) of investment over five years to support the domestic development of high-efficiency PV modules. Solar modules form one of ten “key sectors” included in a production-linked...

MAN PrimeServ signs O&M contract for 200 MW Cambodian power plant

MAN PrimeServ, the after-sales brand of MAN Energy Solutions, has signed a five-year service agreement for a new 200 MW power plant near Cambodian capital Phnom Penh. The contract was signed with Cambodian O&M company SchneiTec, which is responsible for...

IRENA to accelerate renewables adoption in small island nations

The International Renewable Energy Agency (IRENA) has signed a Memorandum of Understanding with the Small Island Developing States Sustainable Energy and Climate Resilience Organisation (SIDS DOCK) to build energy security and support climate resilience in SIDS economies. IRENA and SIDS...

Eni and HitecVision new Renewable Energy JV “Vargronn” in Norway

The global energy company Eni and the Norwegian energy entrepreneur and investor HitecVision have announced the establishment of a new joint venture company, Vårgrønn, with the aim of developing new green energy projects in Norway and the Nordic market. The...

Nucor Corporation Signs Virtual Power Purchase Agreement in Texas

Nucor Corporation announced that it has signed a 15-year Virtual Power Purchase Agreement (VPPA) with EDF Renewables North America (EDFR) for 250 megawatts (MWac) of new solar energy in Texas. The agreement, which will enable EDFR to add more...

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