As part of its energy transition strategy, Cepsa expects to invest between $7.8 billion and $8.9 billion in Spain and Portugal by 2030. From next year, the corporation will devote more than 60 per cent of its investment to sustainable businesses. Cepsa has stated that it intends to build a 7 GW renewable energy project pipeline for its own usage, which will include solar and wind generating plants. Out of this, 1.5 GW of capacity has been connected to the grid. Cepsa’s new 2030 ‘Positive Motion’ strategy, which intends to position the corporation as a leader in energy and transportation, includes the investment plan.
EAP to build 266 MW solar projects in Congo
The East African Power (EAP), a Canadian energy company has announced to build two solar PV power stations in the Democratic Republic of Congo. The two projects of 133 MW each are located in provinces […]
BSLBATT unveils a new battery storage system
BSLBATT has unveiled its new battery storage system, BSL-BOX-HV, which features a high voltage battery system with a flexible modular design and no internal cables. The battery system features a reliable lithium-iron phosphate battery technology, […]
NVVNL commissions rooftop solar PV project in Jodhpur, Rajasthan
NTPC Vidyut Vyapar Nigam Limited (NVVN), a wholly owned subsidiary of NTPC, has commissioned its first rooftop solar photovoltaic project at IIT Jodhpur, Rajasthan. The 1 MW grid-connected solar project has been implemented by NVVN […]