RE

ISA Decides On Solar Facility To Expedite Funding

In its fifth general assembly, International Solar Alliance (ISA) has approved the creation of a ‘Solar Facility’ which will be a financial instrument to encourage investments in solar energy through insurance funds and payment guarantee. Readers will recall that a key mandate of the ISA itself was to enable financing for solar in developing countries. […]

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First Solar will supply 700 MW solar modules to Silicon Ranch

Tennessee based independent power producer, Silicon Ranch and America’s largest solar manufacturer, First Solar, announced the expansion of the 4-GW master supply agreement (MSA) that they signed in April. To support its growing portfolio of contracted solar projects, Silicon Ranch has secured an additional 700 megawatts (MW) of advanced, responsibly produced, thin film photovoltaic (PV) […]

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Octopus Energy Partners with Nexta for 1.1 GW Renewables in Italy

UK-based  wind and solar farms builder Octopus Energy Generation has said that it will enter Italy’s green power market by investing in renewable energy developer Nexta. Octopus held that the move will help the country wean itself off gas and lower future energy bills. As per the official statement, Octopus Energy Development Partnership (OEDP) is […]

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Tata Motors, Tata Power to Install 7 MW Solar Plant at Pantnagar Factory

The two companies of the Tata Group – Tata Motors and Tata Power – have announced that they have entered into a Power Purchase Agreement (PPA) for the development of a 7 MW captive solar power project at its Pantnagar plant in Uttarakhand. According to the company, this installation is collectively expected to generate 215 […]

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Mainstream, Aboitiz Power Make Joint Venture For 90 MW Wind Project in Philippines

Global clean and renewable energy player Mainstream Renewable Power has announces the signing of a joint venture agreement with Aboitiz Power Corporation via its subsidiary Aboitiz Renewables to initially deliver the 90 MW Libmanan onshore wind project that is located in the Camarines Sur Province of Philippines. Mainstream Renewable Power is a global renewable energy […]

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Mizoram Looks Towards Centre to Fund Solar Water Pumps

An official statement from the State Government of Mizoram has revealed that the State has asked for funding from the Central Government for solar water pumps. The pumps are to assist the farmers of the State and help provide water for farm irrigation. The statement held that last week, the Agriculture Minister C Lalrinsanga had […]

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UK-Based Aukera to Acquire 1000 MW Solar Portfolio in Germany

European RE investment giant Aukera BV has announced that it is to acquire a solar PV portfolio of projects under development across Germany with an initial 1,000 MW of total capacity from Securenergy Solutions AG. Aukera said that Securenergy Solutions will be responsible for the development of the projects, which itintends to build, own, and […]

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European Union to Invest $5.2 Billion More for Green Hydrogen Projects

To provide a major thrust to hydrogen development in the region, the European Commission (EC) has approved $5.2 billion in public funding. The EU said that the new investments will also be attracting about $6.8 billion in private funding for the hydrogen industry. The EU held that 13 countries will be giving funds for a […]

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Leading Renewable Energy Developer Tri Global Energy Acquired by Enbridge

One of the leading developers of renewable energy in the USA, Tri Global Energy has completed its acquisition by Enbridge, Canada’s largest energy company. The official statement of Tri Global Energy further has confirmed this. In the process, Lazard served as lead financial advisor to Tri Global Energy, and Haynes and Boone served as outside […]

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