Norway-headquartered solar energy major REC Group and its parent company Reliance Industries Ltd (RIL) will put on a compelling show at Renewable Energy India (REI) Expo 2022, which will take place during September 28-30 in Greater Noida (UP). REC will exhibit its new Alpha Pure-R solar panel, just one year after launching the 2022 Intersolar Award winner REC Alpha Pure. “Demonstrating its commitment to supply its many customers with innovative solar products, REC has doubled its Alpha HJT production capacity in Singapore for the new solar panel. Together with Reliance, a Fortune Global 500 corporation, the companies are also recruiting in a significant way talent for their new Solar Giga factory in Jamnagar, India,” REC Group said in a statement on Wednesday. In October last year, Mukesh Ambani-owned RIL subsidiary Reliance New Energy Solar Ltd (RNESL) acquired REC Solar Holdings AS (REC Group) from China National Bluestar (Group) Co Ltd, for an enterprise value of $771 million. … [Read more...] about RIL Arm REC Group To Exhibit Alpha Pure-R Solar Panel At Renewable Energy India Expo Next Month
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Tata Power Renewable Energy raises Rs 4,000 Crore from BlackRock, Mubadala
Tata Power on Thursday said its renewable energy arm has raised Rs 4,000 crore BlackRock Real Assets and Abu Dhabi-based sovereign investor Mubadala Investment Company, to create India’s most comprehensive renewable energy platform. The investment is expected to fund Tata Power Renewables’ aggressive growth plans. “The Tata Power Company Ltd and BlackRock Real Assets-led consortium, including Mubadala Investment Company, have entered into a binding agreement to invest in Tata Power’s renewable energy subsidiary, Tata Power Renewable Energy Limited,” Tata Power said in a statement. It added that BlackRock Real Assets, together with Mubadala, shall invest Rs 4,000 crore (USD 525 million) by way of equity/ compulsorily convertible instruments for a 10.53 per cent stake in Tata Power Renewables, translating to a base equity valuation of Rs 34,000 crore. The final shareholding will range from 9.76 per cent to 11.43 per cent on final conversion. The statement said, “This newly created … [Read more...] about Tata Power Renewable Energy raises Rs 4,000 Crore from BlackRock, Mubadala
NFL returning to normal ahead of 3rd season in COVID-19 era
close Video Fox News Flash top headlines for August 17 Fox News Flash top headlines are here. Check out what's clicking on Foxnews.com. NEW You can now listen to Fox News articles! Derrick Henry has been seen jogging on the field with his daughter after practice. Green Bay Packers are once again borrowing kids' bicycles for rides to practice. Fans are rubbing elbows with their favorite players to get those coveted autographs. Yes, the NFL is looking and acting like it's essentially back to normal going into its third season dealing with COVID-19. There are no more trailers or tents for testing, and masks are rare. In fact, the protocols devised and tweaked by the league and the NFL Players Association in 2020 and 2021 were suspended last March. The NFL seems to be following the lead of the CDC, which dropped social distancing and quarantine requirements last week with an estimated 95% of Americans 16 and older acquiring … [Read more...] about NFL returning to normal ahead of 3rd season in COVID-19 era
Heat regular-season schedule includes game in Mexico City
There will be a south-of-the-border element for the Miami Heat, the NBA confirmed Wednesday. The Heat, are scheduled for a Dec. 17 game in Mexico City, one that will count against the San Antonio Spurs’ home schedule and be televised nationally on NBA TV. It will be the Heat’s first regular-season game outside of the United States or Canada since defeating the Brooklyn Nets 101-89 on Dec. 9, 2017 in front of a listed 19,777 in Mexico City. The game at Mexico City Arena is part of the Spurs’ expansion beyond their AT&T Center home, with the Spurs also to play two games this season in Austin, Texas, as well as one at the downtown Alamodome. For the Heat, the game will come in place of their annually scheduled regular-season trip to San Antonio. Last season’s Heat visit to San Antonio had to be rescheduled due to the pandemic, when the Heat could not field the required eight players in uniform. The Heat swept last season’s two-game series from the Spurs. During the … [Read more...] about Heat regular-season schedule includes game in Mexico City
State-Owned SECI Issues Tender To Set Up 500-MW Battery Energy Storage Systems; Know Details
State-owned Solar Energy Corporation of India (SECI) has floated a tender to set up 500-MW/1,000-MWh standalone battery energy storage systems (BESS) in India. The tender, the first of its kind in the country, will provide power distribution companies with storage facilities to be used on an “on-demand” basis, according to an official statement. “The tender has been issued under the standard bidding guidelines issued by the Ministry of Power in March 2022. The total capacity to be set up under the RfS (request for selection) is 1,000 MWh (500 MW x 2hrs), which will constitute two projects of 500 MWh (250 MW x 2 hrs) capacity each. The projects will be installed in the vicinity of the Fatehgarh-III Grid-Substation of the ISTS network, in Rajasthan,” the Ministry of New and Renewable Energy said in the statement. It added that the buying entities will be offered the storage capacity to charge and discharge the same daily through RE ( renewable energy ), as per their energy … [Read more...] about State-Owned SECI Issues Tender To Set Up 500-MW Battery Energy Storage Systems; Know Details
New Connections Triple, 2021 Best Year for Offshore Wind Industry: Report
The offshore wind industry witnessed a three-fold increase in grid connections worldwide from 2020 to 2021, led by 21.1 GW of new installations, recording one of its best year-on-year growth yet, according to the Global Offshore Wind Report released by the Belgium-based Global Wind Energy Council (GWEC). The offshore wind now represents 7% of total global cumulative installations with the current global cumulative capacity of 56 GW. This is good news for the fast evolving renewable energy sector which is most critical for the fight against climate change, and looming energy crisis. The global report also recognises India’s ambitious goal of achieving 30 GW offshore wind capacity by 2030, despite being relatively new to offshore wind. The target was announced by Prime Minister Narendra Modi at COP26 in Glasgow where he committed to installing 500 GW of non-fossil fuels-based power generation capacity by 2030. Setting the plan in motion, the Ministry of New and Renewable Energy … [Read more...] about New Connections Triple, 2021 Best Year for Offshore Wind Industry: Report
Food Network and HGTV Set Four Scripted Holiday Movies at Discovery+ Featuring Ben and Erin Napier, Bobby Flay and More (EXCLUSIVE)
Click here to read the full article. Following last year’s premiere of “Candy Coated Christmas ,” featuring Food Network star Ree Drummond, Discovery + is getting even more into the scripted holiday spirit with two new Christmas movies from Food Network — and the first two ever from HGTV , Variety has learned exclusively. The Warner Bros. Discovery-owned cable channels have just wrapped production on the four features, which include cameos from HGTV’s “Home Town” hosts Ben and Erin Napier and “Love It or List It’s” Hilary Farr, as well as Food Network stars Bobby Flay and Duff Goldman. More from Variety Armie Hammer's Alleged Victims Reveal Shocking Messages and Voice Memos in New Investigative Docuseries Ryan Fellows, 'Street Outlaws' Cast Member, Dies in Crash at 41 Pioneer Woman Ree Drummond Teams With Guy Fieri On Food Network Competition Series Titled “One Delicious Christmas,” “A Gingerbread Christmas,” “A Christmas Open House” and … [Read more...] about Food Network and HGTV Set Four Scripted Holiday Movies at Discovery+ Featuring Ben and Erin Napier, Bobby Flay and More (EXCLUSIVE)
U.S. midterms bring few changes from social media companies
SAN FRANCISCO (AP) — Social media companies are offering few specifics as they share their plans for safeguarding the U.S. midterm elections. Platforms like Facebook and Twitter are generally staying the course from the 2020 voting season, which was marred by conspiracies and culminated in the Jan. 6 insurrection at the U.S. Capitol. Video app TikTok, which has soared in popularity since the last election cycle while also cementing its place as a problem spot for misinformation, announced Wednesday it is launching an election center that will help people find voting locations and candidate information. The center will show up on videos about U.S. elections and in the feeds of users who search election-related hashtags. TikTok is also partnering with voting advocacy groups to provide specialized voting information for college students, people who are deaf, military members living overseas and those with past criminal convictions. TikTok, like other platforms, would not … [Read more...] about U.S. midterms bring few changes from social media companies
Musk tweet joking about buying Manchester United causes stir
LONDON (AP) — Elon Musk caused a stir by tweeting that he was buying the English soccer team Manchester United — whose current owners are opposed by many fans — then saying several hours later that it was a joke. It comes as the billionaire Tesla CEO faces a legal battle in the U.S. after backing out of a deal to buy Twitter for $44 billion. He is a prolific user of the platform, often musing about social issues or joking with his 103 million followers and occasionally getting into trouble with U.S. regulators. Early Wednesday, Musk sent a tweet about his political affiliations and then added in a second tweet: “Also, I’m buying Manchester United ur welcome.” That came as shocking news in the Manchester United world — albeit welcome to many — after nearly a decade of sub-par performances. Asked by a follower whether he was serious, Musk later tweeted, “No, this is a long-running joke on Twitter. I’m not buying any sports teams.” It wasn't Musk's first joke about buying a … [Read more...] about Musk tweet joking about buying Manchester United causes stir
We can make the super rich pay their fair share | Opinion
The pandemic brought its fair share of challenges for Americans, including straining household budgets. From spiking unemployment at the start of the pandemic to rising costs this the past year, Memphians tell me every day about the increasing difficulties of stretching their dollars and taking care of their families. Yet even as our challenges have grown, the ultra-wealthy have maintained their jet-setting lifestyles. In fact, billionaires have expanded their fortunes tremendously since the pandemic began. Here in Tennessee, the state's 10 billionaires grew $21 billion , or 85 percent, richer over the first two years of the pandemic. But while billionaires increased their wealth, we were the ones footing the tax bill. Thanks to a skewed tax code that showers tax breaks on those with the greatest means, the average billionaire pays a lower tax rate than middle-class workers . The ultra-wealthy meticulously evade taxes by living off the growing value of their assets, which are … [Read more...] about We can make the super rich pay their fair share | Opinion