Solar News

News Brief May 14 – BrightNight, Neoen, Energy Vault and ACEN

BrightNight and Cordelio Power Achieve Financial Close on $ 414M Project Financing for 300 MW Box Canyon Project in Arizona BrightNight, a global renewable power producer built to deliver clean and dispatchable solutions, recently secured a US$414 million construction credit facility. BrightNight secure this credit facility with its joint venture partner Cordelio Power, for their […]

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Top Five Electric Auto Manufacturers In India Changing City Transit Landscape

Electric Auto-rickshaws are becoming the talk of the town with major transitions taking place in cities like Delhi. Amid the push for cleaner modes of transport, public transport is rapidly changing and electric buses are plying on the road in larger numbers. Now, electric autos have also come on the roads in a major push […]

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May 14- Renewable Pack Outpaces Market Recovery

On a day that the market recovered somewhat, green energy stocks easily outpaced the market recovery, save for Waaree Renewable Technologies, which remained locked at the lower circuit breaker of 5%. KPI Greem Shakti Pumps were both locked at the upper circuit, exhibiting the strong demand still around for these firms. Adani Green, Tata Power […]

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Amplus Commissions 73.4 MWp Open Access Solar Plant In Jhansi

Amplus, has announced the successful commissioning of its 73.4 MWp Project Lakshmi, an intra-state open-access solar plant in Jhansi, Uttar Pradesh.  Project Lakshmi marks Amplus’s third solar open-access plant in Uttar Pradesh, following the success of Project Mirza and Project Deoria. This latest milestone elevates Amplus’s operational open-access capacity in Uttar Pradesh to over 200 […]

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Kia Unveils Revamped EV6 Electric Vehicle With Bigger Battery

South Korean automaker, Kia recently launched a redesigned and upgraded version of its EV6 electric vehicle. The design was initially introduced in 2021. Its redesigned SUV look comes with a fourth-generation 84 kWh battery and an infotainment system. This system is built on Hyundai Motor Group’s software using defined vehicle (SDV) technology. Kia said the […]

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EU To Withdraw From Probe Into Chinese Solar Park Construction

Earlier this year, the United States (US) and European Union (EU) Commission announced launching an inquiry into Chinese suppliers of wind turbines under the new Foreign Subsidies Regulation.  This announcement came as Chinese wind turbine manufacturers pushed hard and won some orders in Europe. The Chinese suppliers offered cheap turbines and generous finance which distorts […]

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HPCL Issues 300 MW EPC Tender For Solar Projects

Hindustan Petroleum Corporation subsidiary HPCL Renewable and Green Energy (HPRGEL) has issued a tender inviting bids for 300 MW of interstate transmission system (ISTS)–connected solar power projects in seven states. The tender pertains to the engineering, procurement, and construction (EPC) package. The last day to submit the bids is May 30, 2024, and the bids […]

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US-Based Flexible Solar Firm Active Surfaces Secures $5.6M Funding

US-based Active Surfaces, a flexible solar panel startup spun out from MIT, raised $5.6 million in an oversubscribed pre-seed funding round. The round was led by Safar Partners, a deep-tech venture capital fund. Additional participants—include QVT, Lendlease, Type One Ventures, Umami Capital, Sabanci Climate Ventures, New Climate Ventures, SeaX Ventures, and others—reflect a diverse support […]

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Tesla Gets Approval For Shanghai Megapack Energy Storage Battery Plant

Tesla will be building a Megapack energy storage battery plant in China. The EV maker battery plant will come up near its electric vehicle gigafactory in Shanghai. According to a report, Tesla will invest around CNY1.5 billion (USD200 million) in the new megafactory. The factory will cover an area of about 20 hectares in the […]

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