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Confirmed. Renew Power Sells Rooftop Portfolio To Fourth Partner For Rs 672 crores

ReNew Power, has confirmed the news of the selloff of its distributed rooftop portfolio. The news had been doing the rounds since last week, including on Saur energy. The firm today announced that it has sold 117 MW/138 MWp of its distributed rooftop solar portfolio to Fourth Partner Energy, one of India’s leading rooftop solar energy […]

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Fluence Commissions 20 MWh BESS In Philippines

US storage major Fluence has started commercial operations at the first project of its storage projects totaling 470 MW/470 MWh for power firm SMC Global Power Holdings (SMCGPH) in the Philippines. The battery will provide ancillary services to the power grid. Located in Kabankalan in the Philippines’ Negros Occidental region, the Battery Energy Storage System […]

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China Now A Superpower In Offshore Wind Too, With Highest Installs In 2021

Offshore Wind, one of the last renewable energy bastions where European manufacturers and countries still dominated, has finally seen China arrive in style in 2021. Figures shared across multiple sources including the National Energy Administration of China place China’s offshore wind capacity additions in 2021 at 17 GW. That figure takes total offshore wind capacity […]

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CERC Eases Rules, Compliances For Generators, REC Certificates

As part of its ongoing efforts to ensure ease of doing business, the Central Electricity Regulatory Commission (CERC) has come out with a suo-motu order on January 22, published on its site on January 24, that relooks some of the rules and compliances mandated for power generators. The new revisions cover rules linked to procedures, […]

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Sungrow Tops ESG Rankings in China

Inverter major Sungrow has announced that the Company ranked first in the 2021 China Top 500 ESG Companies list released jointly by the well-known organization Sina Finance ESG Rating Center and CCTV-1 “Brand of Great Power” program. A strong ESG rating and ranking is increasingly helping firms benefit with a stronger brand perception and access […]

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Post IPO, LG Energy Makes Splashy Debut On Exchange, Stock Doubles

LG Energy Solution, whose IPO we had covered last week, has had a rocking start to its journey as a listed firm, with the stock doubling on its first day of trading on the Korean stock exchange. Seen in the context of weak global markets and the fears of a correction, the listing gains are […]

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Airtel Sets Up Its Largest Captive Solar Plant, 21 MW with Avaada

Telecom operator Bharti Airtel on Tuesday has announced the commissioning of a new 21-megawatt solar power plant in Buldhana district of Maharashtra. The solar plant, spread over 80 acres, has been set up by Airtel in partnership with Avaada to supply clean energy to Airtel’s Nxtra data centres and switching centres in Maharashtra, the company […]

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Bengaluru’s Ayana Renewable Crosses 1 GWac Operational Capacity

Ayana Renewable Power, a renewable energy platform that is majority-controlled by National Investment and Infrastructure Fund (NIIF), has announced that its portfolio has crossed 1 GWac of operational renewable energy (RE) capacity. With an operating portfolio of 1.19 GWac, Ayana is one of the largest RE developers in India, a press release from the company […]

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RenewSys Takes Solar Encapsulant Capacity to 3GW

Mumbai-based RenewSys India has commissioned a new encapsulant (EVA & POE) line this month, taking the company’s total encapsulant manufacturing output to 3 GW, according to a recent press statement. The addition of yet another GW of encapsulant production capacity has also begun, which will ramp up the total capacity to 4 GW, the statement adds. […]

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