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Electricity Act

US based Enfinity Global Acquires 400 MW of Operating Solar Projects

US-based renewable energy firm Enfinity Global has announced that it has completed the acquisition of a 400 MW operational utility-scale solar portfolio marking a further expansion in the US market. The official statement of Enfinity Global said that in September 2022, it signed a deal with Capital Dynamics to acquire a diversified contracted portfolio, consisting […]

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Atlas Renewable Energy Gets $210 million For 438 MW Solar Project in Brazil

Global renewable player Atlas Renewable Energy has secured a loan of $210 million from Brazil’s Banco Nacional de Desenvolvimento Econômico e Social (BNDES) to finance its Boa Sorte solar project which is of 438 MW in capacity. Atlas said that this marks the first time that BNDES has executed a US dollar-indexed loan to a […]

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UAE’s Masdar to Develop 1 GW Renewable Energy Projects in Kyrgyzstan

UAE renewable energy conglomerate Masdar has announced that it has signed an agreement with the Ministry of Energy, Kyrgyzstan, to develop a pipeline of renewable projects in the Central Asian country, with a capacity of up to 1 gigawatt (GW). Masdar will first develop a 200 MW solar photovoltaic (PV) plant which is scheduled to […]

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Charge+Zone Partners up with Snap-E to Set up EV Charging Infrastructure for Fleet Transportation

Charge+Zone, a technology-driven EV charging network firm has announced partnership with Snap-E, a leading provider of reliable and eco-friendly public transport service. Under the phased partnership, EV charging infrastructure will be established for Snap-E’s fleet transportation. Charge+Zone, a tech-driven EV Charging infrastructure firm that specialises in charging networks for electric buses, trucks and electric cars, […]

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Toyota Material Handling France & Alight Join Hands for Rooftop Solar Plant

Toyota Material Handling France (TMHFR), a leading firm in materials handling equipment, has entered into a Power Purchase Agreement (PPA) with the solar energy firm Alight. Under the power purchase agreement (PPA), Alight provides solar energy to TMHFR at its facility in Bussy-Saint-Georges Paris, France. Alight develops, owns and manages the rooftop photovoltaic plant at […]

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CERC Directs SECI to Compensate TPREL Irrespective of Dues from DISCOMS

The Central Electricity Regulatory Commission (CERC) has given a nod to Tata Power Renewable Energy Limited’s ( TPREL) claim for compensation caused by change in law events due to enactment of GST Laws. TPREL had entered into a PPA with SECI and claimed compensation of Rs. 48,88,44,968 along with the carrying cost towards compensation for […]

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Can India Become A Net Exporter Of Green Hydrogen?

The Government of India has formally approved the National Green Hydrogen (NGH) Mission to make India a ‘global hub’ for using, producing, and exporting green hydrogen. To achieve this ambition, GOI has also approved a financial outlay of ₹19,744 crore. The Mission leads India toward the development of the Green Hydrogen ecosystem in the country […]

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Sungrow to Supply Inverter Solutions to 814 MWac Project In Qatar

Global leading inverter and energy storage system solution conglomerate Sungrow has announced that it will be supplying inverter solutions for a large solar power project in the Middle East. As per the announcement, it has signed a contract recently with Samsung C&T’s Engineering & Construction Group to supply its MV-integrated 1500V string inverter solution SG320HX […]

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